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Atlantis provides update on MeyGen, continues work on data centre plan

Deploying turbine at MeyGen site. Source: SIMEC Atlantis Energy Ltd

January 27 (Renewables Now) - SIMEC Atlantis Energy Ltd (LON:SAE) on Monday provided an update on the performance of its MeyGen tidal stream power array in Scotland and on its plans to hook the future expansion of the plant to a new data centre.

The company said that the 6-MW Phase 1A of MeyGen has now exported a total of 24.7 GWh of electricity to the national grid, with more than 13.8 GWh exported last year alone. This is the longest period of uninterrupted power production by a multi-megawatt tidal array ever achieved, it noted.

Since operations started, the Phase 1A of MeyGen has generated total revenues of about GBP 7.1 million (USD 9.3m/EUR 8.4m), as at end-2019, receiving 5 Renewable Obligation Certificates (ROCs) per MWh.

Now, the AR1500 turbine, one of four units that form Phase 1A, will undergo maintenance and certain upgrades, with redeployment scheduled for the spring. The planned upgrades are expected to boost revenue by 4% without increasing operating costs associated with the turbines.

As per Atlantis’ plan to build an ocean-powered data centre near the MeyGen site, the company said it has concluded a concept study and is working on the design of a connection to the Celtic Norse subsea fibre optic cable that is currently in development. Atlantis also mentioned that it is exploring connections to other international fibre optic cables as well.

As previously announced, the planned data centre will be completed after the MeyGen tidal array is further expanded with an additional 80 MW for which the company already has a seabed lease and consents.

(GBP 1.0 = USD 1.307/EUR 1.186)

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