Business Irish

Thursday 18 January 2018

Bord Gais and OpenHydro to build tidal energy farm

Peter Flanagan

Peter Flanagan

BORD Gais and a company part owned by the investment firm One51 have won the rights to build a tidal energy farm off the coast of Northern Ireland.

The utility firm and OpenHydro, which specialises in wave and tidal energy, have been awarded "exclusive rights" to build a 100-megawatt tidal energy farm off Torr Head on the north coast of Antrim.

The project is slated to be finished by the end of this decade. The companies are partnering in a joint venture called Tidal Ventures Limited.

Northern Ireland is seeking to raise the share of clean-power use to 40pc by 2020 from about 14pc now.

As well as OpenHydro and Bord Gais, DEME Blue Energy and Cork-based DP Marine Energy will deliver a 100-megawatt tidal stream park off Fair Head.

Bord Gais Energy managing director Dave Kirwan said the agreement was a "milestone for the development of tidal resources on the island of Ireland".

OpenHydro chief James Ives said he was "delighted" with the deal.

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