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Tidal Energy
A key aspect of our move into renewables is tidal energy, where a strong footing in oil and gas and civil engineering provides a key advantage. We have built up an extremely strong network of partner companies in what is still a fledgling industry and can help your company or product avoid some of the expensive pitfalls in this immature but growing marketplace.
We have evaluated over 100 potential tidal sites in the UK and double that around the world. Many countries have barely begun to investigate the potential benefits of tidal energy to their respective economies. The Carbon Trust believes that tidal energy in the UK could account for 20% of the total yearly consumption of 400TWh, with the same body believing that the global market for marine energy could be worth as much as £340 billion by 2050. We have consulted on many marine projects and have worked with Scottish and British Government on forming policy. A particular success is EPM`s relationship with Flumill where the Norwegian inventors concept has been re-engineered, designed, built and installed (in more than one tidal stream) under EPM management.
Key points:
- Evaluated tides, with all of their peculiarities, with variance from flood to ebb, pulsing and offset tides, shallowwater (Below 33m LAT) and variable loading conditions
- Tidal database of evaluation of tides
- Successfully managed the development and installation of tidal devices
- Detailed knowledge of the potential funding opportunities in the renewable sector
- Evaluated 22 tidal devices for potential investment
