Unblocks fund to encourage maremotrice energy

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Government News Network, press release,

Mike O'Brien, Minister of Energy, announced the allocation by the Department of Trade and Industry (DTI) of 3,85 million pounds (about 5,5 million) to a project presented by "Marine Current Turbines Ltd. "(MCTL, Bristol) for the development and validation of a device for recovering the energy of tides. This project led by Sea Generation Ldt, a subsidiary of MCTL, will develop a prototype marine turbine generating 1 MW and equipped with two twin rotors. In June 2003 set up the first large-scale global project using the power of marine currents off Lynmouth, in the north of Devon. This unit of 300 kW called "Seaflow" has been operational for nearly two years and was developed in partnership with the DTI and the European Union.
According to Mike O'Brien, the UK is not only the leader in marine energy but also the most appropriate to locate and develop these technologies place. Government support in place is indicated to maintain this strategic position while promoting clean and sustainable energy. Martin Wright, Director of MCTL has stated very happy with the granted funds, since the project is at the critical stage of the pre-marketing and launch this initiative a positive message
entrepreneurs.

sources: http://www.gnn.gov.uk

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