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State of the sector 2021 report – Marine Energy Wales

Marine Energy Wales

Wales is working hard to gain the early mover advantage to position itself as a global leader for the marine energy sector. Marine Energy Wales brings together technology developers, supply chain, academia and the public sector. Recently Marine Energy Wales published their state of the sector report edition 2021. Furthermore, Marine Energy Wales works to create a supportive policy environment to ensure that Wales remains one of the hotspots for emerging technologies such as tidal energy. Based upon their latest insights they are successful; the investment in the sector increased.

Investment in the marine energy sector has increased for the fifth year in a row

The 2021 State of the Sector report – published July 20th – details the recent developments in the industry, and looks forward to what the future has to offer. The key message of this report is: investment in the marine energy sector has increased for the fifth year in a row. Twenty emerging developers are progressing projects in Wales. In addition, four test and demonstration sites are under development. You can download the full report here: State of the Sector 2021

The importance of Welsh developments for Tocardo

In view of the region’s scale and ambitions, we closely monitor these developments. Not least because our JV partners have ambitions to install capacity on the Morlais tidal site. Wales has benefitted from our ambitions already with QED Naval establishing itself here and from recent orders and, as QED sets about acquiring site options for the future.

Jeremy Smith & Keith Murray

QED is now showcasing its community scale Subhub platform equiped with our robust and proven Tocardo T-1 tidal turbines. Furthermore, QED is building its next generation 1 MW industrial scale platform.

Tidal Hydrogen Production Storage and Offtake

HydroWing in partnership with Tocardo is delighted to introduce the THyPSO (Tidal Hydrogen production, Storage and Offtake), a n innovative and novel concept that creates green hydrogen from the sea, contributing to the wider global decarbonisation of energy systems.

THyPSO is a floating platform, housing 1 – 6 conventional bi-directional tidal turbines that convert tidal flows into electrical energy, which is then directed through an integrated hydrogen production unit, converting the unlimited supply of surrounding seawater into hydrogen, an energy-dense and versatile commodity.

THyPSO has capacity to hold up to two weeks’ worth of hydrogen production in pressurised storage tanks. Offtake is scheduled autonomously by remote communications and discharge occurs within a single slack tide. A simple and safe procedure using an offtake vessel moored down-stream of the device, connected via a pressurised delivery hose.

Hydrogen is a much more versatile commodity than electricity, it can be stored and used for a wide range of applications, eliminating carbon emissions from maritime transport, agriculture, aquaculture, fishing, tourism, leisure, Petro-chemicals, road transport, rail transport and grid balancing.

THyPSO combines the advantages of tidal and hydrogen technologies, mutually overcoming technical and financial barriers faced by each technology alone. By being autonomous of the grid and eliminates expensive and high-risk subsea infrastructure, creating substantial savings on OPEX and CAPEX, as well as installation and decommission.

Another key issue with producing electricity from any renewable source is the intermittency of production. By producing hydrogen instead of electricity, the offtake and onward distribution can be actively managed and scheduled to suit weather windows and market demands at the time. Consenting, installation, and decommissioning are other areas where substantial time and costs can be saved.

The THyPSO project will demonstrate streamlined implementation of tidal energy projects with a view to upscaling and rolling out larger projects across Europe and the rest of the world in the coming years in line with the ever-growing demand for green sourced hydrogen.

Richard Parkinson, Managing Director, HydroWing Limited: ‘This project has shifted our focus to a broader and exciting market where we can make use of our tides to provide a more versatile energy mix into the local communities and beyond. I sincerely hope that we can inspire greater use of green hydrogen in the marine sector as a result of this project.’

Andries van Unen, CEO, Tocardo B.V.: ‘This project provides a new perspective and a versatile use for tidal turbines. The project is well suited to the range of Tocardo turbines allowing us to effectively scale up as demand for green hydrogen increases into the future.’

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.”