Atlantis Resources has welcomed the report published by the Energy Technologies Institute (ETI) which supported tidal stream generation in the UK.
ETI’s report , released yesterday, January 16, 2017, stated that tidal stream generation will soon compete with other low carbon energy sources in terms of cost.
Also, ETI said that support and encouragement should also be given to the MeyGen project for the industry to prosper.
As the CEO of one of the companies at the forefront of tidal stream generation, Atlantis Resources, and also a chairman of the MeyGen project, Tim Cornelius said:
“We welcome and support the ETI’s suggested priorities for the UK marine energy industry. We fully endorse the ETI’s assertion that the MeyGen project is pivotal to the success of the UK tidal energy sector. This project is a world leading, job generating power house in the north of Scotland that is creating export opportunities whilst acting as a shock absorber for fabrication yards hardest hit by the downturn in the hydro carbon industry.”
Cornelius has also called the UK government to seize the opportunity offered by tidal stream energy.
“Britain needs to promote, stimulate and prioritise the creation of high value jobs as it prepares for Brexit. Tidal stream must and will be part of the UK’s future energy mix,” added Cornelius.
The MeyGen project is located in the Inner Sound of the Pentland Firth, the body of water that separates the north Scottish mainland from Stroma Island.
Once fully constructed, the project will feature 269 turbines, with the total capacity of around 400MW, producing enough energy to power 175,000 UK homes.