Summary
The Tidal Turbine Reef Feasibility Study aims to test the viability of a novel ‘Tidal Turbine Reef’ (TTR) generator from technical, environmental, social and financial standpoints, to determine whether it can achieve an economically viable Levelised Cost of Electricity (LCOE).
Need
The Tidal Turbine Reef Feasibility Study is seen as an important pre-requisite to overcome major barriers to deployment, and to unlock further investment in tidal turbine technology.
This technology shares many elements of wind and river hydro systems, so the experience gained in design, fabrication, engineering and operation will apply to a variety of emerging projects.
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Project innovation
The proposed modelling will demonstrate a commercialisation roadmap for the Tidal Turbine Reef LCOE.
The modelling will be based on existing tidal energy projects and technology and experience drawn directly from the offshore oil and gas sector.
It will provide a benchmark for placing this concept within the landscape of both marine energy and renewable energy more broadly.
Benefit
Tidal turbines offer potential as a form of renewable, 100% predictable (intermittent) base-load generation technology.
These systems also have the potential to be exported with communities in many nations in South-East Asia and the Pacific living near large tidal flows that could benefit from the development and deployment of this technology.