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Siemens acquires Marine Current Turbines of UK

EM NEWS BUREAU ,  Friday, March 30, 2012, 11:53 Hrs  [IST]

Siemens Marine TurbineSiemens has acquired the majority stake in Marine Current Turbines Ltd, the UK company based in Bristol, which develops and builds tidal power systems. As a pioneering company, Marine Current Turbines has become a technology leader in tidal power systems. In November 2011, Siemens increased its stake in the company to 45 per cent. Siemens is planning to complete the acquisition of Marine Current Turbines in the very near future.

Marine Current Turbines has already successfully implemented a commercial-scale demonstration project with SeaGen in Strangford Lough in Northern Ireland. Since November 2008, two axial turbines with a combined capacity of 1.2 mw have been providing power to approximately 1,500 households. SeaGen has to date fed more than 3 GWh of electricity into the grid. In terms of power generation this is the largest tidal current power project to date. Further projects are at the planning stage, including the 8-mw Kyle Rhea project in Scotland and the 10-mw Anglesey Skerries project in Wales.

Tidal turbines generate electricity by utilizing tidal current flows. The SeaGen turbine is fixed on a structure and is driven by the flow of the tides. This technology is effectively similar to a wind turbine, with the rotor blades driven not by wind power but by tidal currents. Water has an energy density that is 800 times higher than that of wind. Twin rotors turn with the tidal current and optimally track the direction and speed of flow thanks to blades which can rotate through 180 degrees. A key advantage is that the generated power is precisely predictable in the tidal cycle.
 
                 
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