Tidal Power
The potential economic significance of the tidal currents in the Pentland Firth is great. It has been described as the "Saudi Arabia of tidal power" and may be capable of accommodating 10 GW of installed generating capacity. This is up to 25% of the estimated total capacity for the European Union.
In October 2008 tidal power developer Atlantis Resources Corporation announced it was considering a site near the Castle of Mey for a computer data centre that would be powered by a tidal scheme in the Firth.
In October 2010 MeyGen, a consortium of Morgan Stanley, Atlantis Resources Corporation and International Power, received operational lease from the Crown Estate to a 400MW project for 25 years.
Read more about this topic: Pentland Firth
Famous quotes containing the words tidal and/or power:
“And now it is once more the tidal wave
That when it was swept by, leaves summits stained.
Oh, blood will out. It cannot be contained.”
—Robert Frost (1874–1963)
“Sometimes, because of its immediacy, television produces a kind of electronic parable. Berlin, for instance, on the day the Wall was opened. Rostropovich was playing his cello by the Wall that no longer cast a shadow, and a million East Berliners were thronging to the West to shop with an allowance given them by West German banks! At that moment the whole world saw how materialism had lost its awesome historic power and become a shopping list.”
—John Berger (b. 1926)