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Deep Green Island Mode 2

Project description

Making waves to light up Europe’s islands

Island living may call to mind a tranquil, natural and eco-friendly way of life but life on an island comes at a very high price. Island energy is expensive, polluting, inefficient and dependent on external supplies with significant negative impacts on emissions and the economy. Such is the case with Europe’s 2 400 islands – home to some 15 million Europeans. The EU-funded DGIM2 project will install the first two tidal and ocean current energy converters for off-grid applications. They will be installed on Faroe Islands. The technology is based on the use of underwater kites that glide smoothly through the water for the production of clean energy.

Objective

15 million Europeans live on Europe’s 2,400 inhabited islands, at an average of approximately 1,500 households per island.
As recognised by the European Commission, island energy is expensive, polluting, inefficient and dependent on external
supply, with significant negative impacts on emissions, the competitiveness of businesses, and the economy. Existing
renewable alternatives are often unsuitable for these communities, such as wind and solar power, as the energy they
generate is unpredictable and intermittent, making it difficult to rely on. Tidal energy is also often unsuitable, as it requires
fast tidal flows (over 2.5m/s) which only occur in a few specific hot spots around the World.

Solution: Deep Green Island Mode
The Deep Green Island Mode (DGIM) is a stand-alone tidal and ocean current energy converter for off- grid applications.
DGIM is based on the concept of flying an underwater kite, that when steered in an 8-shaped trajectory, generates a speed
of 8-10 times the speed of the actual current.
- Generates cost effective electricity in tidal flows as low as 1.2 m/s
- Generates up to 100kW, producing an estimated 0,35 GWh/year, enough to power 100 homes
- Can be located close to the shore
- Up to 15 times lighter per kW compared to other tidal energy solutions
- Easy, low cost installation and maintenance (low CapEx and OpEx)
- Cost of energy 60% lower than diesel generators
DG Island Mode offers cheap, clean, reliable electricity generation to island communities.
Recently we have completed our phase 1 feasibility study which has quantified the significant, global market for DGIM.

The aim of the DGIM2 project is to install the first two commercially viable DGIMs in a production and customer environment
on the Faroe Islands. Successful demonstration of DGIM will act as a first step to developing commercial ties with utilities
across Europe, both for DGIM and as a catalyst for the market up take of the “utility scale” Deep Green.

Fields of science (EuroSciVoc)

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Programme(s)

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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.

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.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

MINESTO AB
Net EU contribution

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.

€ 2 353 143,14
Address
VITA GAVELNS VAG 6
426 71 VASTRA FROLUNDA
Sweden

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Södra Sverige Västsverige Västra Götalands län
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

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.

€ 6 128 625,00

Participants (1)

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