09 May 2012 - A consortium of leading energy and engineering firms have incorporated a new company in Scotland called Nautimus. Described as “the world’s first engineering services company dedicated to wave and tidal energy”, the firm will fulfil the engineering, procurement, integration and construction (EPC) needs of wave power and tidal stream projects on behalf of utility clients.
Nautimus has been established by Vattenfall, with support from leading UK engineering support services firm Babcock and Abengoa, and welcomed by Scotland's Energy Minister, Fergus Ewing.
The company will fulfil the engineering, procurement, integration and construction (EPC) needs of wave power and tidal stream projects on behalf of utility clients. As a technology neutral player, Nautimus will work with technology developers, such as Pelamis Wave Power (PWP), delivering schemes to the final owner, such as Vattenfall.
The partnership has been established to address the absence of EPC services players in the ocean energy sector capable of handling the wide ranging challenges associated with constructing projects with new technology offshore. This gap, if unfilled, would pose a significant problem for the sector if, as expected, ocean energy schemes are deployed in increasing numbers before 2020.
Nautimus’ first client is likely to be Aegir, Vattenfall’s 10 megawatt (MW) wave farm with PWP planned for construction from 2016 off Shetland, if the project secures the necessary consents. read more>>>