Proving energy yield and cost of energy of the Subhub platform and establishing one of the largest tidal farms in the world to provide the tidal sector with a route to market.
The Tidal stream Industry enerGisER project, known as TIGER, is an ambitious €46.8m project, of which €28m (69%) comes from the European Regional Development Fund via the Interreg France (Channel) England Programme.
The project aims to drive the growth of tidal stream energy by installing up to 8 MW of new tidal capacity at sites in and around the Channel region thus driving innovation and the development of new products and services.
QED’s TIGER project is supported by a £3m ERDF funding and will validate the performance of their Subhub Community Demonstrator and costs of deployment, operations and maintenance.
QED will also partner with PTEC to establish the 30MW site in the English Channel just about 1 nautical mile off St Katherine’s point on the Isle of Wight. The first stage of this work will complete all the necessary planning and site consents and establish a PPA. The second stage will complete all the necessary onshore infrastructure requirements for supporting projects offshore.
The final stage for QED is to complete the design, engineering of their large industrial/utility scale Subhub device including setting up procurement contracts to allow a separately funded project of a 5MW to come to financial close in 2023.