Scots ti­dal firm heads EU project

The Scotsman - - Business - By SCOTT REID

Ti­dal en­ergy out­fit Nova In­no­va­tion is to take part in a flag­ship €20 mil­lion (£17.6m) Euro­pean project.

The firm will head a con­sor­tium of nine top in­dus­trial, aca­demic and re­search or­gan­i­sa­tions from across Europe.

The En­abling Fu­ture Ar­rays in Ti­dal (ENFAIT) project, which be­gins this month and will run un­til June 2022, builds on Nova’s ex­ist­ing op­er­a­tional ti­dal power sta­tion in Bluemull Sound, off the Shet­land Isles.

The project has been won as a com­pet­i­tive con­tract awarded by the Euro­pean Union’s Hori­zon 2020 re­search and in­no­va­tion pro­gramme to de­velop ma­rine en­ergy sources and demon­strate tech­nolo­gies in Euro­pean wa­ters. It aims to in­crease the com­mer­cial vi­a­bil­ity of ti­dal power.

Si­mon For­rest, chief ex­ec­u­tive of the Ed­in­burgh firm, said: “Win­ning the ENFAIT project in this very com­pet­i­tive call rep­re­sents a huge vote of con­fi­dence in the abil­ity of Nova In­no­va­tion and its part­ners to de­liver.

“The project will make a ma­jor con­tri­bu­tion to re­duc­ing the life­time costs of ti­dal en­ergy and will boost in­vestor con­fi­dence by pro­vid­ing hard-edged an­a­lyt­ics of com­mer­cial and op­er­a­tional per­for­mance to in­form in­vest­ment de­ci­sions.”

Founded in 2010, Nova em­ploys more than 30 staff. In 2013, for­mer Scot­tish & South­ern En­ergy boss Ian Marchant joined the com­pany as chair­man.

Sarah Beat­tie-smith, cli­mate and en­ergy pol­icy of­fi­cer at WWF Scot­land, said: “With some of the most pow­er­ful tides in Europe, Scot­land is well placed to lead in de­vel­op­ing this promis­ing tech­nol­ogy, which will help to cut cli­mate emis­sions and cre­ate green jobs right across the coun­try.”

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