Today high energy costs are the greatest challenge facing the tidal industry. Our company is working to cut known cost drivers, increase the tidal power plants lifetime while also increase energy production in order to lower the energy price.
The EU has set a goal for the energy sector to lower energy costs down to 10 cents Euro by 2030.
Norwegian Tidal Solutions has developed a modular scalable tidal power plant which can be designed and built in various ways to maximize energy production from the tidal water sites unique bathymetry. A cube or module in the power plant is designed like a Venturi tract which concentrates the energy so that a smaller physical turbine can be used to harness the energy. By using several turbines redundancy and high energy security supply can be achieved. We use concrete in the power plants main construction which provides lifetime of up to 5 times longer and eliminates the additional need for anchoring the power plant.
Through CFD simulations, our R&D partner has verified that our concept is viable from a fluid dynamics perspective and that the cubes design gives an increased effect of 50%. If we place 16 cubes together in a 4X4 grid, we achieve an increased effect of 215%.
The illustration below is a CFD image showing the changes in water velocity through the turbine house.
The tidal power plant is patented in Norway, Great Britain, France, Ireland, USA and South Korea and the company is looking towards the international market.
NTS together with our partners have established a feasibility consortium to both industrialize and commercialize our technology and Valide will support us in this process. As part of their renewable innovation business Framo, a world-leading pump techonology supplier, will convert one of their aquaculture industry pumps to a tidal power turbine without gears and which will be completely oil-free.
Norsk Spennbetong which specializes in prefabricated concrete elements will built the power plants main construction in concrete.
Our R&D partner, University of Stavanger will provide the necessary CFD simulations. We are also working with Multiconsult who will be our special advisers for upcoming projects.