Proving enhanced energy yield and validating cost reduction offered QED’s Subhub tidal platform. This project will also establish one of Europe’s largest tidal farms to proivde a route to market for many tidal developers.
Project: TIGER (Tidal Stream Industry Energiser)
Timescale: 2019 – 2023 (47 months)
Funder: Interreg France (Channel) England Programme
Funding: ERDF funding € 29.9 million / Total project budget € 45.4 million
Project website: www.InterregTiger.com
The TIGER project will demonstrate that tidal stream energy is a maturing industry, capable of achieving an accelerated cost reduction pathway. The project will build cross-border partnerships to develop new technologies, test and demonstrate up to 8 MW of new tidal capacity at a number of locations around the Channel region, and use the learning from this development to make a stronger, cost-effective case for tidal energy as part of the France/UK energy mix.
The project is the largest ever to be approved not only by the France (Channel) England Programme but by any Interreg 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 Naval’s Project
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.