Tidal Energy announced the company will receive funding from the GBP 1.4 million funding boost received from the EU, to continue development of the DeltaStream technology for harnessing the energy of tidal currents. Tidal Energy will be doing an assessment study to determine whether the waters off the coast of West Wales offer good conditions for tidal stream testing.
The study will be backed by GBP 572,000 of funding from the European Regional Development Fund, through the Welsh government. Tidal Energy will be performing surveys, assessments and design work at the proposed test site at Ramsey Sound, Pembrokeshire. The project will last for 12 months, during which the project will provide a sustainable source of electricity to the local population. A full scale prototype is expected to be the result of the funding, sometime in 2011.
The demo device will have 1.2 MW of power generating capacity, and will be placed on the seabed in Ramsey Sound. DeltaStream technology allows easy device installation, servicing, and requires no special preparation before installation.
[source: Tidal Energy]