Subject to the required regulatory approvals, Orbital’s floating tidal stream technology, has been confirmed as the device that can be deployed, subject to the required regulatory approvals, following a licence transfer and technology change by Nova Scotia Department of Natural Resources and Renewables (NRR), signed earlier this year. The final timing of deployment will be confirmed after a Canadian Department of Fisheries and Oceans (DFO) assessment process has been completed, this was recently initiated with the submission of a project Request for Review.
The company’s first O2 machine is deployed in the waters off Orkney, and it has been exporting electricity as the world’s most powerful tidal turbine to the UK grid since July 2021. It completed operational financing in 2022 and is expected to offset around 2,000 tonnes of CO2 per year and power 1,700 homes, while creating and sustaining high value jobs within the local economy over the course of its operational life.
“We are pleased to take these first steps towards working with Eauclaire Tidal on Orbital’s first international project opportunity” said Andrew Scott, CEO. “FORCE is a world class facility and, if a clear regulatory and long-term licencing process can be established, the tidal stream resource in the Bay of Fundy represents a significant opportunity to decarbonise the Nova Scotia energy system and provide clean, predictable power more widely.
Jane Lowrie at Eauclaire added that FORCE is a world class facility and the tidal stream resource in the Bay of Fundy represents a significant opportunity to decarbonise the Nova Scotia energy system.
“The O2 floating tidal stream turbine is the ideal technology to deploy as we work together to fulfil FORCE’s potential to be a net export of clean power to Nova Scotian households and businesses” Ms Lowrie said.
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