REUK.CO.UK This is the printer friendly version of the Grant for Wave Hub Wave Farm article from the Renewable Energy Website REUK.co.uk. Click here to print Printed at 08:36am 21st November 2009 Grant for Wave Hub Wave FarmThe world's largest wave farm project Wave Hub receives 75% grant![]() Wave Hub, the world's largest wave farm planned off the coast of Cornwall has received a 21.5 million pound grant from the regional development agency (RDA). Amounting to over 75% of the total cost of the project, the award of this grant means that sufficient funding has been secured to commission Wave Hub as soon as 2008. The South West of England RDA has already applied to the UK goverment for planning permission and a decision is expected in May 2007. Wave HubWave Hub will be used to test up to 40 prototype wave energy machines. The hub is described as being like an electric socket into which different wave power generators can be plugged. A range of wave energy machines will be tested to see how much power they can generate and how well they work and cope operating out at sea.![]() The first wave power generators installed will include Pelamis (1) (pictured above - already operational off North Portugal coast), and MRC1000 (pictured below) which is being developed by ORECon (2). ![]() Wave Power ElectricityThe hub, to be situated on the seabed 10 miles off the Cornish coast will be connected by a 15 mile undersea cable to a new electricity substation connected to the National Grid. The RDA believe that over 170 jobs will be created by the project and up to £75 million will be generated for the local economy over the 25 year project lifetime.![]() Up to 20 MW of electricity could be generated, enough to provide around 3% of Cornwall's domestic needs. That would reduce carbon dioxide emissions (3) by almost 25,000 tonnes per year. South West RDA (4) spokesman Stephen Peacock said of the project, "Wave Hub has the potential to make an enormous contribution to tackling climate change and we believe it could transform the wave technology industry." Wave Hub LinksThe official Wave Hub Website (5) is wavehub.co.uk. The press release (6) from the SWRDA is here.Web Link References(1) http://www.reuk.co.uk/Pelamis-Wave-Energy-Project.htm(2) http://www.orecon.com/ (3) http://www.reuk.co.uk/carbon.htm (4) http://www.southwestrda.org.uk/ (5) http://www.wavehub.co.uk (6) http://www.southwestrda.org.uk/news/release.asp?releaseid=1969 Article from REUK.co.uk: http://www.reuk.co.uk/Grant-for-Wave-Hub-Wave-Farm.htm Published: 27th April 2007 © REUK 2009 |