Crown Estate tests market-demand for tidal and lagoon wave power projects

Tidal barrage
Tidal barrage

The Crown Estate has today launched a consultation to gauge market interest in future tidal range and lagoons projects around the UK. Interested developers have until 7 February 2014 to register their interest.

The Crown Estate will use the feedback to help shape any possible competitive leasing process later in 2014 – which could lead to the award of seabed rights to successful applicants by the end of 2014.

As the move has been prompted by a growing number of enquiries from developers of potential projects, the estate wishes to establish the readiness of the sector more broadly.

Ian Selby, the estate’s Head of Minerals and Infrastructure, said: “The opportunity that tidal range and lagoons could present for the UK has been long talked about. We now need to see if this is the time for action.

“We are keen to give industry the opportunity to set out their interest and how tidal range and lagoons projects could contribute to, and complement the UK’s growing portfolio of low carbon offshore wind, wave and tidal stream portfolios.”

In line with our strategic objective to support the growth and diversity of the offshore renewable energy sector in the UK, we are seeking views from project developers, other companies in the industry and stakeholders about possible approaches to leasing tidal range projects.

“We have published a market engagement document that gives developers the chance to describe their projects, whilst outlining the requirements it would expect applicants to meet, as well as the rights that may be granted.”

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