Minesto, Florida Atlantic University partners to assess ocean current power feasibility

Swedish marine energy technology company Minesto, has signed a memorandum of understanding (MoU) with Florida Atlantic University to assess the technical, environmental and economic feasibility to install demonstration and commercial power plants in the Florida current.

With the MoU, Minesto and FAU will develop a partnership with cooperative mutual research, testing, and educational activities.

Minesto tidal and ocean current power plant, Deep Green, has become the first known marine power plant, recently, to generate electricity from low velocity currents, marking a breakthrough for marine energy.

Minesto CEO Anders Jansson said, "It is truly exciting that we now will have the opportunity to explore the potential for Deep Green in the low velocity ocean current in the US."

Southeast National Marine Renewable Energy Center (SNMREC) executive director Susan Skemp said SNMREC will assist with Deep Green technology development and Minesto’s ocean current project ambitions around the world.

"This arrangement is a good example of a strategic partnership that leverages the strengths of industry and our Centre’s capabilities to collectively achieve commercially-viable marine energy," Skemp added.

Minesto CEO Anders Jansson said, "SNMREC is preparing unique testing facilities located in the Florida Current, where Minesto has assessed the ocean current resource to be favourable for Deep Green."

"SNMREC are experienced in resource modelling, marine measurements environmental assessments and regulatory framework helping Minesto to accelerate potential development in the US," Jansson added.