It is estimated that in the United Kingdom, there is 18TWh/yr of technically extractable tidal current resource. 40% of this technically extractable resource is concentrated in the far north of Scotland (Pentland Firth and Orkney Islands). Governments have recognized the immense potential of ocean energy and have begun significant incentive programmes to harness it. Ocean energy receives the highest number of renewable obligation certificates (ROCs) in the U.K in order to stimulate investment in projects that have high up front capital costs associated with developing turbine fields and power evacuation networks in some of the roughest waters on the planet.

Whilst the Pentland Firth is tidal resource rich, there are several commercial issues that have the potential to impede the development of the sector in the North of Scotland including transmission constraints and the lack of a local industrial load. Atlantis recognized these issues and set about creating innovative solutions such as Project Blue, the much publicized green data centre project that will see at least 30MW of data centre capacity be built in the North of Scotland to be powered by Atlantis tidal turbines. Project Blue represents a win-win for all players, with the data centre developer reducing their carbon foot print using a combination of tidal power and free air cooling, the local community benefits from the creation of up to 700 local jobs and Atlantis is able to connect at least 30MW of tidal power in the Pentland Firth, subject to the Crown Estate leasing procedure and EIA permitting procedures and consents.

Like all of the utilities, power companies and technology developers that have a vested interest in the success of the marine power sector globally, Atlantis Resources Corporation hopes to play a significant role in the commercial exploitation of the vast resource contained in the Pentland Firth in the future and we remain dedicated to investing financial and human capital to make UK Plc the epicenter for marine power projects over the next 20 years.