Objective
Nova Innovation is a leading designer and manufacturer of tidal turbines. We have designed, built, deployed and are currently operating a grid-connected turbine in Scotland. In this project we will conduct a feasibility study into the market potential for our direct-drive tidal turbine design.
One way to reduce the cost and increase the reliability of tidal turbines is to find innovative ways to utilise the benefits of the subsea environment by using seawater to lubricate and cool the turbine drive train. Another is to reduce the number of offshore components by eliminating the gearbox to produce a direct-drive turbine. These steps reduce or eliminate the need for expensive and failure-prone equipment such as high pressure shaft seals, watertight bulkheads and cooling systems. This reduces operational costs and increases device reliability and yield.
No company to date has developed a direct drive tidal turbine that is reliable and economically viable. Our design is innovative in the particular combination of drive train, blade and support structure design, which is optimised to minimise the lifetime cost of the integrated system.
Potential customers are tidal energy project developers seeking to generate predictable, reliable energy from the tides at minimum lifetime cost. The market for tidal power is global, but Europe is taking a lead with potential clients in the UK, France and Ireland. Once proven in Europe the technology can be exported worldwide, with a potential global market of 800 TWh per annum (IEA-OES), or annual electricity sales of over €40 billion.
In Phase 1 we will conduct a feasibility study including a detailed IP review and strategy development, supply chain and market study and risk assessment to reinforce our business plan for exploiting this invention. In Phase 2 we will conduct a full-scale demonstration of the technology in a real-world setting: Nova Innovation’s existing, permitted, in-sea, grid-connected tidal energy site.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology mechanical engineering thermodynamic engineering
- engineering and technology environmental engineering energy and fuels renewable energy hydroelectricity marine energy tidal energy
- engineering and technology environmental engineering energy and fuels energy conversion
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
EH6 6QH Edinburgh
United Kingdom
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.