Alstom, a leading provider of energy solutions, and SSE Renewables a leading developer of marine energy have signed a joint venture agreement to develop the Costa Head Wave Project. The site is located in water depths of 60-70 metres approximately 5km north of mainland Orkeny, in The Crown Estate’s Pentland Firth and Orkeny Waters Strategic Area.
They will embark on a mission to obtain the required permits to deploy several AWS-III wave converters into the waters. The technology is currently under development by AWS Ocean Ltd, which Alstom acquired a 40 percent equity share in June 2011. The floating device which has a rated power output of 2.5MW will be delivered to the site for the testing phase in 2012 with the support of the Scottish Enterprise-administered WATERS fund, and full-scale prototype planned for deployment at the European Marine Energy Centre in 2014.
Wave energy as a renewable resource is picking up momentum worldwide with an estimated potential market of 200-300GW. The Costa Head site is the largest wave energy site being developed today in the world. After the installation of the full site capacity, the project is expected to generate a total of 200MW. “When completed, it will make a valuable contribution to the UK’s renewable energy targets“, said Jérôme Pécresse, President, Alstom Renewable Power and Senior Vice President, Alstom Hydro.
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