facebook
twitter
search
search

London opens marine energy contest

April 5, 2012 at 8:45 AM

LONDON, April 5 (UPI) -- The British government announced the launch of a $31.7 million competition to highlight the potential for marine energy in territorial waters.

The Marine Energy Array Demonstrator project is meant to support two test projects that will demonstrate the operations of a tidal or wave array. Bidders compete for a share of $31.7 million in funding to help develop the marine energy sector.

The British Department of Energy and Climate Change estimates that wave or tidal power could provide up to 20 percent of current electricity demand.

"This scheme will help move marine power to the next stage of development, the demonstration of a number of wave and tidal devices in array formation out at sea," Energy and Climate Change Minister Greg Barker said in a statement.

"This will take us one vital step closer to realizing our ambitions of generating electricity from the waves and tides, powering homes and businesses across the whole of the U.K. with clean, green electricity."

The DECC said it would judge applicants to the MEAD program based on their ability to generate at least 7 gigawatts of energy per use. Projects need to be running by March 2016, the government said.

The British government said it would announce winning bids by the end of the year.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Compact cannon for British armored vehicles
Ford recalls 432,000 North American vehicles over software bug
Aetna to acquire Humana for $37 billion in cash, stocks
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue