Alderney tidal power project due to come online in 2020
A MAJOR deal has been signed to install a 150-turbine tidal power project off Alderney by 2020.
Tidal technology company OpenHydro and Alderney Renewable Energy (ARE) yesterday announced a 300MW tidal power project in the island's waters, which would be big enough to power 150,000 homes with the turbines.
In addition to this, FAB Link Ltd – a joint venture between ARE and Transmission Investment LLP – is developing a power interconnector between France, Alderney and Britain.
This will allow the tidal power generated in Alderney's waters to be exported to European markets and for energy to be traded between France and Britain.
ARE executive chairman Nick Horler hailed the significance of the deal.
'The economic development of Alderney's tidal power projects will provide Europe with a new source of predictable, clean, renewable energy and improve the security of our own energy supplies,' he said.
