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The Crown Estate has been a major player in the development of the UK’s offshore wind industry since its beginnings a little over a decade ago. As an active asset manager of the seabed, we award leases and capitalise on our unique overview to bring the sector together to overcome common challenges and help unlock value from this natural asset.
- The Crown Estate appoints Hogan Lovells and Bond Dickinson to advise its Energy, Minerals and Infrastructure portfolio 27 February 2017
- Vattenfall proposes extension to Thanet offshore wind farm 08 February 2017
- Marine Data Exchange expands by 20%,further supporting research and development 19 December 2016
12 September 2016
The world’s largest free stream tidal power project, MeyGen, was officially unveiled today at a ceremony with Nicola Sturgeon, First Minister of Scotland, at the Nigg Energy Park in Scotland.
MeyGen is being developed by Atlantis Resources, and is on track to deliver the first power to the grid from MeyGen Phase1A later this year, which will be a landmark event for the global marine power industry. When completed, the MeyGen project will consist of 269 turbines and generate enough energy to power 175,000 UK homes.
Ronnie Quinn, General Manager of The Crown Estate’s Scotland Portfolio, said:
“The installation of the MeyGen turbines is a hugely significant milestone for the project and for the sector as a whole. The Crown Estate has been working with Atlantis Resources over a number of years, providing specialist support on seabed leasing and investing nearly £10 million in the project to help unlock Scotland’s tidal energy potential. With the deployment of these turbines in a commercial array, a world first, Scotland and the UK remain at the forefront of this industry.”
Please follow the link to access the photo/video footage from the event: