Feedback
Marine Current Turbines logo

Marine Current Turbines

website:http://www.marineturbines.com/

Company details

[Login to edit this information]

What does it do?

Marine Current Turbines develops and manufactures turbines designed to capture marine currents and tidal stream energy.

How is it social?

Marine Current Turbines is a provider of renewable energy technologies and, as such, provides inherent environmental benefits, most significantly in the form of reduced carbon emissions and reduced pollution through marine and tidal power generation. In this respect, MCT offers a sustainable form of creating electricity, with a minimal environmental impact. Unlike many other alternative energy sources, marine turbines do not require land-based operations and so land resources are preserved.

Though MCT’s turbines contain safety features designed to mitigate the impact on the marine environment, it remains to be seen what the negative impacts of the SeaGen will be on aquatic life and migratory birds that gather in estuaries and adjacent wetlands. Independent research in this area will address the concerns that have been expressed by conservation groups, including the RSPB with regards to the Severn Tidal Barrage proposals. Read this article for more information.

What is its business model?

Marine Current Turbines (MCT) is an early renewable energy provider in marine current and tidal stream energy technologies, having been founded in 1989. The company’s technology relies on normal ocean currents rather than waves to manufacture electricity, unlike other hydro-power technologies. MCT installs large, twinned turbines on the ocean floor that are spun by passing tidal streams and marine currents, creating and storing electricity in their mounting systems.

MCT currently uses the “SeaGen,” which consists of twin axial flow rotors, each one 15 to 20m in diameter. SeaGen is,  according to the company, the world's first commercial scale tidal stream turbine and on December 18th 2008 generated a maximum capacity of 1.2MW.

The turbines use patented technology to use all directions of tidal currents. The SeaGen is designed to be easily maintained and includes safety features that can, if necessary, shut down the turbines for periods of time to safeguard the surrounding aquatic environment. MCT believes it has cornered a market that should have "almost infinite potential”, as the only barriers facing the SeaGen are the depths at which it can function. Successful implementation of the SeaGen in large quantities have the potential to create large amounts of energy, with minimal negative environmental impact.

Its history

The tidal turbine concepts were initially developed by Peter Fraenkel while working at IT Power Ltd, an internationally recognised renewable energy consultancy company which he founded and where he served as technical director for 19 years. Peter was primarily responsible for water current technology, together with hydropower and wind, and is the principal inventor behind the patents and other intellectual property that are now wholly owned by MCT.

MCT installed the world’s first offshore tidal turbine off the coast of Devon, near Lynmouth in May 2003 and also completed the installation of the 1.2 MW SeaGen, in Strangford Lough, Northern Ireland in 2008. The SeaGen is the progenitor of MCT’s commercial product which is planned for worldwide deployment. The company has received the investment support of nPower Renewables, EDF Energy, Triodos Bank, and most recently ESBI.

MCT won the Rosenblatt 2009 New Energy Rising Star Award in February in recognition of the installation of the world’s first commercial scale tidal current system, the 1.2MW SeaGen turbine, in Northern Ireland’s Strangford Lough in 2008 and of it having achieved full power on a regular basis.  

 

More information

Current shareholders:No information provided
Chair:Anthony Davies OBE (Acting Chairman)
Year of incorporation:1989
Email this company to a friend

Company snapshot

Company type:Ltd
Address:The Court, The Green, Stoke Gifford, Bristol, Gloucestershire, GB, BS34 8PD
Telephone:+44
Blog:
CEO:Martin Wright (Managing Director)
Industrial sector:Energy and Water
Social / Environmental benefit:Pollution reduction; Climate change;
Certifications:Not Applicable;
Social business sector:Alternative Energy and the Environment;

Other companies in this sector

Renova Energy Plc

Renova is a UK-based renewable energy firm that has invested in a well-established integrated ethanol marketing, distribution and production business in the Rocky Mountain and Northwest regions of the USA.

Land Art Generator Initiative

The UAE Land Art Generator Initiative (LAGI) is a landmark project to bring together artists, architects, scientists, and engineers in a first of its kind collaboration. The goal of the Land Art Generator Initiative is to design and construct a series of land art installations across the UAE (United Arab Emirates) that uniquely combine aesthetic intrigue with clean energy generation.

Energy4All

Energy4All facilitates the growth of community-owned wind farms in the UK through the provision of consulting services to land owners and groups who want to generate renewable energy. It is owned by the companies (all Co-ops) that it has helped set up. The firm helps companies raise the initial funds but also a package of sector, admin, and financial services to Co-ops in return for an annual fee.

Other companies within a 50 mile radius

FRANK Water

FRANK Water is a pioneering social enterprise and registered charity established to raise funds for clean water projects in developing countries. Frank Water Trading is a bottled water company, which donates 100% of its profits to the FRANK Water Projects charity.

Eco-logic books

Eco-logic books is a publisher and online bookstore which specialises in titles on practical solutions to environmental problems. Our own titles include books on Permaculture, Seed Saving, Farmers Markets, Green Woodworking, Yurts, Allotments, Gardening, Composting, Sustainable Architecture and Eco Paints. We welcome submissions for new titles.

Dinner4Good

Dinner4Good is a website tool that enables charities to raise funds online and helps fundraisers to raise money for their favourite charities by inviting friends round to dinner.

Bookmark this page with...
What are these links?
clearlyso:mercury1:status:ok