FERC has approved the Revised Study Plan submitted for the Pennamaquan Tidal Power Plant Project.
Pennamaquan tidal project is being developed by Halcyon Tidal Power, and will be located in the Pennamaquan Estuary in the Bay of Fundy, Maine.
Halcyon will now engage the environmental consultants at Normandeau Associates and Alden Research Laboratory to carry out the approved studies, Halcyon’s press release reads.
The studies are expected to be completed in one year time period, followed by a period of analysis that could lead to a FERC license to construct the Pennamaquan Project.
Ted Verrill , President of Halcyon Tidal Power, said: “This is an important milestone for the Pennamaquan Tidal Project. It supports the Project’s anticipated in service date of 2018 and ratifies the careful work that we’ve done to minimize potential environmental impacts.”
The project will consist of up to 17 Alstom’s bulb turbine generators placed horizontally within the powerhouse caissons at the center, a boat lock and concrete minicaissons reaching to each shoreline. Power output is expected to be 25.6 MW, with each turbine having a maximum output of 1.6 MW.
The costs for the construction of the facility are estimated to be approximately USD 122 million.
Halcyon Tidal Power is a privately held developer of tidal range energy projects.
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Image: Halcyon Tidal Power