ICEO 2021

Energizing a Powerful Blue Economy – ICOE 2021 presentation

International Conference on Ocean Energy (ICOE) 2021

Tocardo is delighted to share the results of a two years multidisciplinary investigations of environmental effects of Tocardo’s tidal power plant in the Eastern Scheldt at ICOE 2021. The ocean energy industry will come together April 28-30, 2021 during the all-virtual ICOE 2021 conference to discuss device innovation, market developments and regulatory affairs to support the commercialization of the sector. This major event is hosted by the National Hydropower Association (NHA), and is supported by the International Energy Agency (IEA) through Ocean Energy Systems (OES).

Multidisciplinary Investigations of environmental effects of the Tocardo’s 1.25 MW tidal power plant

The Oosterschelde storm surge barrier is a dam that contains 62 gates that can be closed during storm surges. In 2015, Tocardo Tidal Power installed a 1.2MW tidal power plant in one of the gates comprising an array of 5 turbines. The presentation at ICOE discusses the methods and results of a unique two-year monitoring program to assess impacts on both the biotic and abiotic ecosystem as well as effects on the reliability of the storm surge barrier itself. The collaborative research project was lead by MET-support on behalf of Tocardo and undertaken by four renowned Dutch research institutes: Wageningen Marine Research, Deltares, Technical University of Delft and University of Utrecht. The Zeeuwse Milieu Federation (ZMF) facilitated regional stakeholder meetings.

In the download section below you can find the following publications and reports in relation to this project:

About the OP-Zuid program

The collaborative research project was supported by the European Regional Development Fund through the OP-Zuid program 2014–2020 and with financial support from province of Zeeland. Research by TU-Delft was also supported by the Netherlands Organisation for Scientific Research within the research program The New Delta with project number 869.15.008

Contract award – Supply of Tidal Turbines and Service Contract to QED Naval Ltd

Contract award

We are proud to announce that Tocardo has been awarded the contract to supply three tidal turbines to QED Naval for their Subhub platform. The renowned Tocardo T-1 turbines have been selected by QED Naval to be combined with their innovative, self-deploying, submersible foundation system. For the whole organisation this means a major step forward, after the restart at the beginning of 2020, the growth path to further roll-out of the technology in the offshore market has now been definitively opened.

The Tocardo T-1 turbine

The T-1 is Tocardo’s most proven turbine. In 2015 Tocardo installed three T-1 turbines in the Afsluitdijk tidal barrage, a 32 km long primary sea defence, next to the existing Den Oever project installation, which has a single T-1 installed in 2008. All electricity produced was fed into the grid. The turbines provided vital data and experience in turbine arrays. The array had a capacity of more than 300 kW, producing electricity for approximately one hundred local households. In 2019 both sites were decommissioned as a result of the multi-year project to raise the Afsluitdijk in connection with the expected sea level rise. By generating energy in a predictable and cost-effective way the T-1 is the best tidal turbine in its market segment with power outputs ranging from 50 to 125 kW.

Trials with the Subhub

As part of Interreg’s EU TIGER project, QED Naval are developing a site in the Solent in collaboration with Yarmouth Harbour Commission. The site is located between Sconce Point and Black Rock and will be used as a development site. QED Naval has submitted a planning application to the Marine Management Organisation to carry out performance and yield validation trials on the Subhub with the Tocardo T-1 tidal turbines. QED Naval will then go on to develop its 1 MW unit with Tocardo turbines.

About the Tiger project

The EU funded TIGER project will demonstrate that tidal 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.

Oosterschelde Tidal Powerplant resumed full continuous operations again

After the announcement of the acquisition of the Tocardo OTP project in October 2020, we have worked hard to complete the commissioning- and testing phase of this unique project. On Monday 1st February the Oosterschelde Tidal Powerplant, made up of a platform of 5 x T-2, 250kW Tocardo tidal turbines, resumed full continuous operations again. This impressive and iconic Netherlands infrastructure project clearly demonstrates the global potential of energy from water in harmony with the environment.

Macquarie Group, GIG, recently showcased the OTP dam project and its global potential at the Climate Adaption Summit 2021. To see this hard work and project get such recognition makes us all very proud. This Dutch ‘Energy from Water’ initiative is a great example for the future. It showcases an energy solution that integrates nature and has an ability to simply scale up. There are some 400 global tidal deltas at risk of flooding that could benefit from such infrastructure and climate adaptation solutions.

For our clients we apply the learnings that we gain – tide after tide – from our showcase project at the Dutch icon the Eastern Scheldt storm barrier. We have seen the impact our technology and commitment has, and we believe that – working in partnership with QED Naval & HydroWing – we can and will change the world for the better.

An exciting opportunity for investors!

An exciting opportunity for investors!

Now is your chance to get involved: our Edinburgh-based business partner QED Naval has launched its first crowdfunding campaign on the Seedrs platform. The funding will assist further develop existing sites and to secure potential new locations for its patented Subhub tidal platform. The company (QED) also secured an award of €3.5m of EU funding and a place on Interreg’s €46m Tidal Stream Industry Energiser Project (TIGER) last year. Your green impact investment in renewable tidal energy with QED will help further demonstrate our key efficiencies, as outlined above, to the $76bn global market which we are addressing.

Subhub

One of the key design drivers for Subhub was to minimise the environmental impact of the platform. The best way to do that is to make it a seabed mounted system so it is invisible from the surface and maintains the seascape and navigation channels of shipping. It is beyond the diving depth of most birds. Advantageously, it means the extremes of wave loading are exponentially less than at the surface. Subhub is a submersible, gravity based foundation that supports an array of tidal turbines through life. It’s hydrodynamic hull form steers and accelerates the flow into the turbines to significantly enhancing the energy yield having a dramatic impact on the Levelised Cost Of Energy (LCOE) of the overall project.

The added value of tidal power

QED Naval managing director Jeremy Smith said: “Tidal energy is not only renewable, it is the only one that is 100% predictable, can guarantee power output every day of the year, and globally will be worth $76bn by 2050. “So, when the wind is not blowing and the sun is not out, tidal can quite simply fill the gaps in our grid requirement and prevent us having to switch to diesel, gas or coal power.

Get involved

This is a unique opportunity for QED Naval to supercharge their growth, by bringing investors on board as shareholders. This fundraising round will allow them to get going on all the incredible initiatives they have planned for the future. Get involved!

Impact Fest 2020

Marine Energy: The Next Big Thing in Energy (webinar)

Webinar hosted by DMEC

As part of the OEEC 2020, the webinar ‘The Next Big Thing’ will take place on Wednesday 28 October 2020. During this webinar, DMEC, REDstack and Tocardo will tell you more about the potential of energy from water in the Netherlands. Furthermore we will showcase projects and highlight our ambitions for the future. Of course there is also the possibility for the participants to ask questions!

About ImpactFest

ImpactFest is Europe’s biggest online impact meetup. ImpactCity continues its mission of ‘doing good & doing business’ to drive innovations for a better world with the 5th edition of ImpactFest. Together we take on the challenges the world is facing. Utilizing online possibilities, impact makers from around the world will connect. From sharing lessons learned and investors meeting innovators to master classes, ImpactFest provides impact makers with the opportunity to take new steps in their mission and accelerate innovation.

Wanna join this session?

The ImpactFest consists of different online elements, all focused on connecting in order to drive knowledge and experience sharing, deal-making and inspiration. You can order your ticket here. After you’ve ordered your ticket and signed in, you’ll be able to select your own program elements spread out over the different days.

Tocardo OTP

Tocardo Acquires the Largest Tidal Array in the World

Tocardo has come to an agreement on the acquisition of the 1.25MW Oosterschelde Tidal Power Plant, the largest tidal array in the world installed on the Dutch icon Oosterscheldekering. The acquisition follows the successful technical due diligence phase during September 2020. The project is an important step for the global tidal energy sector and for our clean energy future.

The Oosterschelde Tidal Power Plant consists of five T-2 tidal turbines in one of the sluice gates of the Oosterschelde storm surge barrier, with the potential of scaling up. It serves as an international showcase for the tidal energy sector and climate adaptation solutions, combining clean energy production with existing infrastructures and making efficient use of scarce land area.

“At Tocardo we are looking forward to taking this unique project forward to the benefit of the local area in terms of jobs, supply chain development and making an impact to the net zero targets. This exemplar project will be run as a R&D facility and shop window for similar global developments which provides significant export opportunities” – Andries van Unen, CEO of Tocardo.

The timing of the transaction couldn’t be better for the company, especially now that national and local politicians are paying renewed attention to the potential of energy from water in The Netherlands. Dutch Minister Wiebes (Economic Affairs and Climate) has a roadmap to electricity from water in 2030 drawn up, which should be ready before the end of this year.

Tidal Stream Power Generation

Tidal energy is reliable and predictable, and therefore offers flexible baseload energy that powers households when the wind doesn’t blow and the sun doesn’t shine. Beside a significant reduction of CO2 emissions, tidal energy also contributes to a reduction in the emission of all other types of greenhouse gas, such as methane (CH4) and nitrous oxide (N2O). These gases are released during the combustion of fossil fuels, such as coal, oil, and natural gas, to produce power. Dutch technology developers estimate the technical potential for tidal energy in the Netherlands at 150-250 MW.

Oosterschelde Tidal Power Plant

The entire Oosterschelde Tidal Power Plant consists of five T-2 tidal turbines supplied & designed by Tocardo. These turbines are installed on a single hydraulic lift frame designed, constructed and supplied by Huisman in late 2015. Commissioning was completed with commercial full operation commencing in August 2016. Despite the limited possibilities as a result of the global COVID 19 outbreak, constructive consultations have been held with the parties involved to create a broadly supported solution surrounding the preservation of the installation in the future. The management of Tocardo is therefore grateful to all parties involved for their constructive attitude shown during this period.

The Project

The completion of this deal has cost a lot of effort over a long period of time, which is testament to the work put in behind the scenes by the Administrators, Tocardo and Rijkswaterstaat (operator of the Delta Works Barriers). Tocardo also received support from Dutch Marine Energy Centre (DMEC) in helping to present the case for preserving the project.

About Tocardo

Tocardo is fully owned by HydroWing Ltd. and QED Naval Ltd. This tripartite, collaborative partnership brings together decades of multi-sector expertise as well as a blend of well tested, complementary products. The joint venture provides a truly end to end service with a spectrum of turbines, foundation systems, marine operations, as well as design, support and service expertise. Tocardo is one of the world’s leading tidal turbine developers renowned for the robust and reliable turbines resulting from a development history spanning the sectors entirety, over twenty years ago, and the largest portfolio of projects operated by any developer in the sector.

Jeremy Smith, MD QED Naval: “This is an amazing opportunity for Tocardo to demonstrate its wares and capabilities. It is also a great platform to introduce further innovations to improve the performance of the turbines and reduce costs. All this whilst producing clean renewable energy into the Dutch electricity grid and generating revenue to sustain the business allowing it to grow rapidly. The size of the prize is significant in Holland but massive when put in the context of a global market opportunities this project opens up.”

Richard Parkinson, MD HydroWing: “Our main objective in taking over the operation of the OTP project is to gain an understanding of how the turbines can be developed and to inform financial models for integration into commercial projects worldwide. This platform is an excellent test bed to develop the turbines while maintaining low OPEX and informing future design developments. Well done to our CEO Andries van Unen for making this complex deal happen.”

Britta Schaffmeister, CEO DMEC: “This marks an exciting stepping stone for the tidal energy sector. Now home to the world’s largest tidal array, the Netherlands is becoming a true frontrunner in harnessing the power of water. Lessons learned here will prove instrumental for more game changers in tidal energy.”

#1000 Solutions

Solar Impulse Efficient Solution Label for our technology

#1000solutions

Tocardo’s technology has received the “Solar Impulse Efficient Solution” Label, an award for clean and profitable solutions. Thanks to our expertise, our strong portfolio of products and our commitment to reliable, sustainable energy solutions our tidal energy turbine technology was attributed the “Solar Impulse Efficient Solution” Label following an assessment performed by external independent experts and based on verified standards. It is thereby joining the #1000solutions challenge, an initiative by the Solar Impulse Foundation to select solutions that meet high standards in profitability and sustainability and present them to decision-makers to fast-track their implementation.

Renewables have grown rapidly in recent year, but in many cases intermittency of supply remains an issue. Tidal energy offers a solution to this by providing a dependable power source that can support and enhance existing green energy solutions. Tocardo’s tidal turbine solution makes use of the tides and river streams to propel blades and offer customers local, predictable and balanced power generation. With the worldwide tidal market potential being 500 GW, tidal power innovations such as Tocardo’s turbines hold huge environmental and economic potential.

To receive the “Solar Impulse Efficient Solution” Label, our technology was thoroughly assessed by a pool of independent experts. According to five criteria covering the three main topics of Feasibility, Environmental and Profitability. All labelled solutions are part of the #1000solutions portfolio that will be presented to decision-makers in business and government by Bertrand Piccard, Chairman of the Solar Impulse Foundation. The aim of this initiative is to encourage the adoption of more ambitious environmental targets and fast-track the implementation of these solutions on a large scale.

About the “Solar Impulse Efficient Solution” Label

One of the first labels for positive impact businesses bringing together protection of the environment and financial viability, the “Solar Impulse Efficient Solution” Label is attributed following an assessment performed by external independent experts. In collaboration with renowned institutions, solutions applying for the label must go through a neutral methodology based on verified standards. This label serves as an award for clean and profitable solutions.

About the Solar Impulse Foundation

The Solar Impulse Foundation is dedicated to accelerating the implementation of clean and profitable solutions. Moreover, the Foundation is helping decision-makers in businesses and governments to achieve their environmental targets and adopt more ambitious energy policies, which are necessary to pull these solutions to market. A way to carry the success of the first solar-powered flight around the world further.

QED Naval and HydroWing acquire Tocardo Tidal Power

In the midst of Brexit and a new decade, QED Naval and HydroWing are delighted to announce a new collaborative European joint venture and with it the acquisition of Holland’s premier tidal turbines business, Tocardo.

This tri-partite, collaborative partnership brings together decades of multi-sector expertise as well as a blend of well tested, complementary products. This new and innovative joint venture provides a truly end to end service with a spectrum of turbines, foundation systems, marine operations, as well as design, support and service expertise.

Tocardo’s technology development started in 1999 in cooperation with the Energy Research Foundation ECN and various Dutch engineering companies. First prototyped in 2005, Tocardo has an unbeaten track record of continuous tidal power production for nine years in a row. Since then it developed turbines and associated technologies, achieving 90% – 100% energy yield performance. Tocardo has 9 turbines in continual operation and has 21 patents in place. A focus on reliability, with very low operations and maintenance costs has resulted in industry leading levelised costs of energy (LCOE). Tocardo’s turbines are direct drive, i.e. without a gearbox or mechanical pitch mechanism. They have a patented, smart rotor bi-blade design, which enables it to be bi-directional with a guaranteed 20-year lifetime.
Tocardo will continue to deliver its state of the art, reliable turbines and after-sales support. It will now also be investing in additional turbine development. This will be done in partnership with QED Naval and HydroWing, who bring a combined 50 years of marine design, development and operations experience, along with their experience in foundation systems, LCOE and yield improvements. The companies have already been working in partnership on tidal projects in Europe and will be expanding on this as they further develop their complimentary technologies.

The overriding vision for this new joint venture is to harness the decades of tidal expertise within the three companies, to finesse the tried and tested turbine and foundation technologies with some novel ideas, and to really drive down costs, particularly in terms of LCOE. The partnership now aims to take their technologies and develop them at a larger scale and is currently interested in hearing from like-minded project partners. Richard Parkinson, CEO of HydroWing: “This bigger, long term, end to end vision is quite unique in that it brings an unrivalled pool of expertise and collaboration across European tidal energy. The new joint venture is committed to expand and will be introducing their combined technologies in new projects starting in 2020.” Andries Van Unen, CEO of Tocardo: “We didn’t get to this point alone. In joining all these forces together there has been some great vision, hard work and expertise. We are very grateful to all parties who have helped get this partnership over the line: namely investors, existing customers, the hard-working staff and project team. We are now in the fortunate position to have a geographically greater market presence and team with some of the most talented experts in the industry behind us which can build on the technologies and results achieved over the years. We really can’t wait to show you some of the exciting projects and innovations we are working on.” Jeremy Smith, CEO of QED Naval Ltd: “All three companies are very excited to announce this exciting recipe and European partnership which will takes the key ingredients of tidal technologies developed over the last 12 years, great turbines and foundation systems, spiced up with some of the industries great minds to deliver great value reliable tidal solutions.”