Study finds 70 GW of ocean energy potential in Europe
The European EVOLVE project has identified close to 60 GW of practically viable wave energy and 10 GW of tidal stream energy off Great Britain, Ireland and Portugal.
The two-year project was led by Aquatera, with assistance from WavEC Offshore Renewables, Research Institutes of Sweden (RISE), and the University of Edinburgh, as well as CorPower Ocean and Orbital Marine Power. EVOLVE has presented solid data to support the acceleration of ocean energy in the future energy system of Europe. The study indicated ocean energy resources in UK of 34.8 GW, Ireland of 18.8 GW, and Portugal of 15.5 GW.
Increases in ocean energy consistently reduce overall system dispatch costs, including the cost of delivered fuel and other variable operation and maintenance expenses, as well as annual carbon emissions. These system benefits are the result of offsetting the availability of ocean energy with other renewables, such as wind and solar.
Country updates
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January 30, 2023
CIP, Hexicon secure planning permit for 100 MW floating offshore wind project off the coast of Dounreay
Copenhagen Infrastructure Partners (CIP) and Hexicon have been granted planning permission for the 100 MW Pentland Floating Offshore Wind Farm (PFOWF) project off the coast of Scotland. The North Pla...
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January 26, 2023
Centrica plans to develop 28 MW energy storage project in North Yorkshire
Centrica has announced its plans to develop a 28 MW battery storage project at the decommissioned Knapton Generating Station in Yorkshire, UK. The company acquired the four-acre site from Third...
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January 26, 2023
TagEnergy reaches financial close on 49.9 MW Scottish energy storage project
TagEnergy has reached financial close on its 49.9 MW/100 MWh Roaring Hill energy storage project in Fife, Scotland, while retaining 100% equity in the facility after securing a loan from Santander UK....
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January 25, 2023
BayWa divests 110 MWp of UK solar PV projects
BayWa r.e. has sold 110 MW of solar photovoltaic (PV) projects in the UK to two different buyers. The solar farms have the capacity to provide green electricity to over 31,000 homes in the country. B...
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January 24, 2023
SSE awards certification services for 800 MW offshore wind project in Wicklow
SSE Renewables has selected Bureau Veritas SA to provide its project certification services for the 800 MW Arklow Bank Phase 2 Wind Park in Irish waters. Financial details were not disclosed. The new...
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