M I N E S T O
several advantages compared to other tidal and ocean current power plants; the catchment area is much larger, and service and maintenance is more cost efficient, resulting in low electricity production costs, comparable with traditional energy sources,” explained Minesto in 2014. “Compared to other tidal solutions, we weigh on average 14 tonnes per MW, whereas other solutions can weigh up to 300 tonnes per MW,” the Managing Director said. “As you can imagine, the significant reduction of material required to construct the tidal power structures also means that the capital cost per MW is lower, benefitting Minesto investors and shareholders BGA Invest, Midroc New Technology, Saab Group and Chalmers University of Technology, amongst others - but more importantly, the electricity consumers.”
2016 >
Minesto will continue to run through the motions to ensure the smooth installation of the first commercial scale 0.5MW power plant in Holyhead Deep
Conceptual illustration of Deep Green ocean current array
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