E.ON Backs Down from Pelamis Wave Energy Project (UK)
- Business & Finance
E.ON is withdrawing from Pelamis Wave Power’s wave energy project in Orkney and has decided to focus on wind, biomass and solar energy instead of marine renewables.
Triggered by rather slow progress of wave technology, the company said that more mature technologies in renewable energy will be the focal point of its business. However, E.ON will be monitoring the progress of marine energy technologies in order to enter this industry in the right moment, the BBC cited the company’s spokeswoman.
Pelamis Wave Power stated that this would not affect its planned progress, as the company is still working with Scottish Power Renewables on the development of its P2 wave energy machine at the European Marine Energy Centre (EMEC).
The Pelamis P2 machine is the second-generation of Pelamis machine, which has been sold to utility customers E.ON and ScottishPower Renewables, and P2 machines are being tested for a number of commercial scale projects.
The E.ON Pelamis P2 machine was first installed at the EMEC in Orkney in October 2010.
Offshore WIND Staff, July 3, 2013; Image: pelamiswave