![]() ![]() ![]() Financing needed for this stage is expected to be around 40 million Euros. If the Deep Green trials are successful, the next step will be to test a full-scale demonstration plant consisting of up to 10 kites. The test site, at Strangford Lough, County Down is the location of a tidal generator owned by the UK company SeaGen. The company will receive two million Euros (around 2.5 m USD) in investment funding, which will enable it to test a 1:4 scale prototype off the coast of Northern Ireland in 2011. In comparison with other tidal systems Deep Green is lightweight and much smaller, which translates to lower manufacturing costs. There are two major types of tidal energy generator installations at present: one is the tidal barrage, which works in a similar way to a hydroelectric power station, and the other uses the flow of the tide and works in a similar way to wind power installations. Deep Green’s unique ability to work in deep water where there is low velocity water movement means it can operate cost effectively in areas otherwise unavailable for power generation. Ted Rosendahl, chief technical officer with Minesto, said the design will enable Deep Green to operate efficiently at greater depths and with lower current velocities than other tidal energy generators, which opens up new areas of the sea for tidal power generation, increasing the market potential by 80 percent, according to Minesto. ![]()
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