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01/03/2018

Wave Energy Project Secures £2.5m Fund

Up to £2.5 million has been awarded towards a magnetic gear project to convert wave movement into electricity.

The scheme, led by Banchory-based Ecosse Subsea Systems, has been selected by Wave Energy Scotland (WES) for the final stage of its Power Take Off (PTO) programme, aimed at developing solutions to convert the movement of waves into electricity.

WES is a technology development body set up by the Scottish Government to facilitate the development of wave energy.

The project is being led by Banchory-based Ecosse Subsea Systems in collaboration with Bathwick Electrical Design Ltd, Supply Design Ltd and Pure Marine Gen Ltd. The University of Edinburgh and Applied Renewables Research Ltd have also been sub-contracted to provide additional support.

Michael Cowie, ESS Technical Director, said: "Ecosse Subsea Systems warmly welcomes the opportunity to contribute to developing wave energy technology for Scotland.

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"We believe the efficiency and reliability advantages of our PTO system are critical to producing wave energy converters that are cost competitive with other renewable energy technologies. WES' funding will support the development and demonstration the PTO system on a Wave Energy Converter in real-sea conditions - enabling our collaboration to secure investment for the commercialisation of the technology."

Tim Hurst, WES Managing Director, said: "I am delighted to see Ecosse Subsea Systems' innovative project reach the final stages of the programme. It's this kind of innovation and collaboration that is behind Scotland's status as a global leader in the development of wave energy technology.

"This project has the very real potential to result in a robust system for harnessing wave movement and converting it to electricity. Crucially, it will be capable of surviving harsh marine conditions and compatible with a wide variety of wave devices. We very much look forward to following its progress."

Minister for Business, Innovation and Energy, Paul Wheelhouse said: "Sustained funding from the Scottish Government has allowed Wave Energy Scotland to provide opportunities for Scottish companies such as Ecosse Subsea Systems and Supply Design to participate in this unique initiative and develop the disruptive technologies that will shape our low carbon future.

"Our well regarded and globally significant Wave Energy Scotland programme allows for strategic collaboration and mutual support between organisations in Scotland and elsewhere."

(LM)

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