Tidal energy project approved for Channel regions

Ocean wave

Interreg France (Channel) England Programme has approved the Tidal Stream Industry Energiser Project, known as TIGER. The project aims to drive the growth of tidal stream energy by installing up to 8 MW of new tidal capacity at sites in and around the Channel region, thus driving innovation and the development of new products and services.

TIGER is a €46.8 million (US$51.7 million) project, of which €28 million (US$30.9 million) comes from the European Regional Development Fund via the Interreg France (Channel) England Programme. TIGER falls within the funding category for low-carbon technologies.

TIGER will make a stronger, more cost-effective case for tidal stream to become part of the energy mix in the UK and France by harnessing economies of scale via volume manufacturing and multi-device deployments, according to a press release. Coastal communities used as ports of deployment will benefit from knock-on investment and job creation.

The total theoretical tidal energy capacity in the Channel region is nearly 4 GW, enough to power up to 3 million homes.

Led by the UK’s Offshore Renewable Energy (ORE) Catapult, TIGER comprises 19 partners from across the UK and France spanning turbine developers, ocean energy demonstration sites, research organizations, and local and regional authorities.

“This is a hugely ambitious project that will demonstrate the benefits of harnessing tidal energy on a large scale, said Carolyn Reid, programme manager for Interreg France (Channel) England Programme.  “The long-term aim is to support the industry to reduce generating costs of tidal stream energy from the existing 300€ MW/h to 150€ MW/h by 2025 and increase uptake. There is an EU target to reach 100€/MWh by 2030. The project has a clear link to the programme objective to increase the development and uptake of existing or new low-carbon technologies in sectors that have the highest potential for a reduction in greenhouse gas emissions.”

According to a press release, the project is the largest ever to be approved not only by the France (Channel) England Programme but by any Interreg program. There are 75 EU-funded Interreg programs in the current programming period of 2014-2020.

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