Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

£40m Investment Will Mean Wave Power for Cornwall

Delicious Submit this page to reddit

3:45pm 10th December 2013
(Updated 3:45pm 10th December 2013)

New jobs are promised as Cornwall's wave hub gets its first paying customer.

Ten thousand homes will be powered by energy generated by the sea off Hayle.

The Seatricity project's worth £40m to the Duchy.

Seatricity managing director Peter Mitchell said: "Our first generation Oceanus 1 device has undergone extensive and successful sea trials in Scotland and we are ready to make the next step to Wave Hub.

"The technology is scalable so once we complete our testing next year we hope to move quickly to a full array. Wave Hub gives us the essential grid capacity to do that and we look forward to working with the team in Hayle and the extensive local supply chain in Cornwall."

It will mean an aluminium float that travels up and down with the waves and operates a pump to pressurise sea water to drive a hydroelectric turbine to produce electricity. The floats are tethered to blocks on the seabed and the pumps are linked together to generate highly pressurised water.

Wave Hub managing director Claire Gibson said: "Wave Hub was designed in response to industry demand for full scale array testing so we are delighted that Seatricity has recognised the advantage of demonstrating their technology at Wave Hub and signed a commitment agreement to take one of our four berths. We look forward to assisting them with their first deployment in the summer."

Julian German, Cornwall Council's Cabinet Member for Economy and Culture, said: "I am absolutely delighted with the proposed investment by Seatricity at Wave Hub, especially so given that the devices will be built in Cornwall. Cornwall is incredibly well placed to become a national and world leader in marine renewable technology, and this investment signifies an important step on the road to achieving that goal."

Chris Pomfret, chairman of the Cornwall and Isles of Scilly Local Enterprise Partnership, said: "If we want to transform our economy we have to take some risks and the Convergence investment in Wave Hub was a risk but it was clearly one worth taking because it is a project that is starting to come to fruition.

"We see expertise in marine energy as being an important part of the future economy in Cornwall and the Isles of Scilly and something that we can export around the world. The announcement from Seatricity is excellent news for the continued development of the sector and we look forward to welcoming them to Cornwall."

MP for west Cornwall, Andrew George, has also welcomed the news.

He said: "This is brilliant news for our area. This means jobs, investment and the prestige of having the chance to become a world leader in marine renewable energy generation.

"I congratulate all who have put so much into making this happen and to the Government for understanding that this sector needs consistent - not changing - policy commitment and the certainty and confidence this brings to investors.

"I understand that Seatricity will deploy a single device next summer and, if all goes well, an array of devices will be deployed in 2015."

3:45pm 10th December 2013

Share This Story

Delicious Submit this page to reddit
Suggested articles
Cornish Bed Company

PHOTOS: The Dog Beds Fit For A King In Cornwall

The perfect present for a pampered pooch this Christmas...

shaun sawyer

Cornwall And Devon Police Boss Under Investigation

It is following comments he made about the commissioner and election expenses

Most read
police tape

UPDATE: 'Severed' Foot Found Near Truro

A dog walker made the grim discovery in woods

poldark aidan turner eleanor tomlinson

WATCH: Why Poldark's Sparked Outrage

It was an eventful episode on Sunday...

Top articles

UPDATE: Further Remains Found In Truro Woods After Discovery Of Human Foot

Cornwall News: Police are now searching the stream bed in Nansavallan Woods

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

Acid bath accused Brizzi asked for shower as 'tub' was 'unusable'

National News: An man accused of strangling a police officer and dissolving his body in a bath of acid asked police if he could shower after his arrest as his "tub" had been "unusable for days".

Business Cornwall News - Friday, 18th December 2015

Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.

Jay Z shows support for Clinton with pre-election concert

Showbiz News: Jay Z will hold a free concert in Cleveland to encourage people to vote for Democratic presidential candidate Hillary Clinton.

Apple iPhone sales fall despite Samsung woes

World News: Apple's iPhone sales have fallen for a third straight quarter despite Samsung's problems in the smartphone 'big screen' battle.

Mourinho urged to make football, not war

Sports News: Barcelona great Xavi says Jose Mourinho needs to tone down his confrontational stance if Manchester United are to succeed.

Ranger dines out after finding giant 10kg mushroom in Falkirk

Strange News: A giant puffball mushroom with a 1.5-metre circumference and weight of more than 10kg has been found - and quickly eaten - by a countryside ranger and her colleagues.

Newer article

Unexplained Death in Truro

Cornwall News: Police investigating after man's body discovered

Older article

Man Who Died In Fishing Tragedy Named

Cornwall News: Angler Chris Newton died after being in the water off the Lizard for hours

Cornwall's Pirate FMPirate 2Pirate Oldies on DAB Digital RadioEscape to Cornwall radioLoveCornwall.com - The Cornish Business DirectoryPirate Education and Training


© Copyright Pirate FM

Pirate FM cannot be held responsible for the content of external links.


We Use Cookies

This website uses cookies to store information on your computer.

By using this website you accept the use of cookies as explained in the terms of our cookie policy.