Top news, November 26 – December 2, 2018

Business & Finance

MarineEnergy.biz has compiled the top news from marine energy industry from November 26 until December 2, 2018.


MAKO installs tidal power turbine at Gladstone port

Australian tidal energy company MAKO Tidal Turbines has deployed its tidal turbine for testing at the Port of Gladstone in Australia’s north-east state of Queensland.

The six-month trial, conducted in partnership with Gladstone Ports Corporation (GPC), will be aimed at demonstrating how tidal flows at the port can be harnessed to produce clean electricity.

Installed at the Gladstone’s Barney Point Terminal, the MAKO.7 turbine the first one deployed in the world at a working port, according to project developers.


Alaskan tribe applies for tidal power license

The Igiugig Village Council has submitted to the Federal Energy Regulatory Commission (FERC) a final pilot license application for the hydrokinetic project that features ORPC’s RivGen power system.

The marine renewable energy project will produce electricity generated from water currents in the Kvichak River for the Village of Igiugig, an unincorporated community with a year-round population of 70.

Using RivGen power system, provided by US company Ocean Renewable Power Company (ORPC), which incorporates in-stream turbines that require no dams or barrages, the project will help reduce reliance on and environmental risks from diesel fuel and stimulate Igiugig’s economy through local employment and the lowering of electrical costs.


MAKO agrees long-term tidal demo in Singapore

The international project partners have reached an agreement for the long-term demonstration of MAKO Tidal Turbines’ clean energy technology in Singapore.

The demonstration of MAKO turbines will start in the spring of 2019 at a demonstration site provided by Sentosa Development Corporation, according to project partner NYK.

MAKO tidal turbines will be installed under the Sentosa Boardwalk, the bridge between the Singapore mainland and the island of Sentosa, for a two-year period.

During the trials, the developers will examine the power generation efficiency, cost of power generation, and storage options, NYK said.


Netherlands funds Texel wave energy pilot

The government-backed Wadden Fund has approved the funding for a pilot wave energy project that will see the Slow Mill wave energy device installed off the coast of Texel island in the Netherlands.

The 3-year project brings together a consortium of six partners who will carry out the demonstration of the Slow Mill wave energy technology in the Wadden Sea, and feed the power produced to an island grid, according to the developers.

During the trial, 100 households are expected to receive green electricity from the Slow Mill machine, while the developers plan to build a larger wave farm along 10% of the Texel’s coast.


Denmark allocates €59M for green energy calls in 2019

Danish government has set aside €58.5 million (DKK 437 million) to support innovation in green energy sector that will be distributed via two calls for projects over the course of 2019.

The projects will be financed through the Energy Technology Development and Demonstration Program (EUDP), which plans to launch the call for first round of applications on March 1, 2019.

According to EUDP, a ‘good project’ for the program highly innovative, run by private companies, and with global outlook and potential to promote Denmark.

The specific assessment criteria with more details for the applications will follow in the December 2018, EUDP noted..