United Kingdom, July 14 -- Project Id: 86810

Description: Objective

The FloTEC project will demonstrate the potential for floating tidal stream turbines to provide low-cost, high-value energy to the European grid mix. The FloTEC project has 5 core objectives:

1. Demonstrate a full-scale prototype floating tidal energy generation system for optimised energy extraction in locally varying tidal resources;

2. Reduce the Levelised Cost of Energy of floating tidal energy from current estimated €250/MWh to €200/MWh, through both CAPEX and OPEX cost reductions in Scotrenewables Tidal Technology;

3. Develop potential of tidal energy generation towards flexible, baseload generation, through the integration of energy storage.

4. Demo...