ANGLESEY TIDAL ENERGY PLAN MOVE FORWARD

Public exhibition on August 23 & 24th at Holyhead Town Hall

Marine Current Turbines Ltd and its project partner, RWE npower renewables, will be hosting an exhibition about their plans to harness the power of the tidal waters off the north-west coast of Anglesey to generate electricity for up to 20% of the Island. The exhibition, open to members of the public, will be held at Holyhead Town Hall on August 23rd and 24th.

The exhibition is an opportunity for people to learn more about the proposed project, which was first announced in February 2008, in advance of Marine Current Turbines (MCT) and RWE npower renewables submitting a planning application for the offshore elements (the tidal turbines and the subsea cables) of the scheme to the Welsh Assembly Government. The application for offshore consent is likely to be submitted in September.

The proposed tidal energy scheme will consist of up to 9 turbines to be located between the Skerries group of rocks and islands and Carmel Head about 1Km off the Anglesey coast. The 10.5MW tidal farm, using the fast moving and predictable flow of the tides, will use MCT’s proven and award-winning tidal energy technology (known as SeaGen and which is essentially an underwater windmill) to generate enough power to supply electricity to around 10,000 homes – approximately 20% of Anglesey’s electricity demand.

Subject to securing planning and financing for the project, MCT and RWE npower renewables are targeting 2013/2014 for the start of commissioning. The estimated cost of the project is £50million.

For the past 36 months, the project team has been carrying out a series of environmental, engineering and technical studies to examine the suitability of the Skerries site and to assess the potential impact of the tidal farm on marine life and users of the sea.

In addition, Marine Current Turbines has consulted a range of organisations about its plans, including Ynys Mon County Council, the Countryside Council for Wales, RSPB, Trinity House, the Maritime & Coastguard Agency and the Centre for Environment, Fisheries & Aquaculture Sciences. In addition, MCT has spoken with a number of recreational groups that use the area including sailing, kayaking, diving and fishing groups. To date, the proposed scheme has been widely welcomed.

In the development of its plans for the Skerries, the company has drawn upon the experience of its tidal project in Northern Ireland’s Strangford Lough. The single SeaGen tidal turbine has been generating power into the local grid since 2008 and as part of its licence conditions to operate is subject to a comprehensive environmental monitoring programme.

Joseph Kidd, Development Manager at Marine Current Turbines said: “We consider the Skerries stretch of water to be an ideal site for a small tidal farm and we are keen to hear people’s views before we finalise the planning application. The exhibition is also an opportunity for people to learn more about the advantages of tidal power and how our scheme can benefit the Anglesey economy. The scheme will not only generate clean energy for local homes and businesses but also give local firms the chance to be involved in the tidal farm’s installation and operation.”

Commenting on the plans for the Skerries tidal farm, Albert Owen (MP for Yyns Mon) said: “I welcome all forms of renewable energy and hope that people will take this opportunity to look at this technology and the future that Anglesey has in tidal power.”

In Northern Ireland, a number of local companies such as marine support vessels, engineering and electrical contractors, civil engineers, environmental scientists and divers as well as local hotels, pubs and restaurants have benefited from MCT’s SeaGen project. It is estimated that the project has contributed more than £4.0m into the local economy over the past three years.

The Skerries tidal project exhibition will be held at Holyhead Town Hall Newry Street, Holyhead LL65 1HN

Monday, August 23rd from 2.00pm till 8.00pm

Tuesday, August 24th from 9.00am till 2.00pm

For further information:

Marine Current Turbines (www.marineturbines.com)

Joe Kidd, Project Manager

Tel: 0117 979 1888

or

Paul Taylor (Taylor Keogh Communications)

Tel: 020 3170 8465 / 07966 782611 /paul@taylorkeogh.com

RWE npower renewables

Mark Fleming

Tel: 01793 474173 / 07825 608096 / mark.fleming@rwe.com

Notes to Editors

About Marine Current Turbines:

1. Marine Current Turbines Ltd (www.marineturbines.com) is based in Bristol, England. The company was established in 2000 and its principal corporate shareholders include BankInvest, Carbon Trust Investments, EDF Energy, ESB International, Guernsey Electricity, High Tide and Siemens Energy. The company is chaired by Paul Lester, the former Chief Executive of VT Group plc.

2. In September 2009, MCT was ranked the world’s top tidal energy company in The Guardian/Clean Tech Global 100 Survey and in June 2009 won Renewable Energy Developer of the Year in the UK Renewable Energy Association Annual Awards.

3. MCT’s 1.2MW SeaGen was deployed in Northern Ireland’s Strangford Lough in April 2008; it has the capacity to generate electricity for the equivalent of about 1500 homes and has the equivalent in energy output as a 2.5MW onshore wind turbine. SeaGen works in principle much like an “underwater windmill” with the rotors driven by the power of the tidal currents rather than the wind. The SeaGen turbine is subject to a rigorous monitoring programme imposed under its licensing conditions to ensure it does not threaten the marine life of Strangford Lough where it is located.

4. SeaGen is accredited by OFGEM as a UK power station and so is a recipient of Renewable Obligation Certificates (ROCs).

5. MCT is working with Minas Bay Pulp & Paper to deploy a single SeaGen system in Canada’s Bay of Fundy, and in March 2010, MCT secured approval for a lease from The Crown Estate to deploy its SeaGen tidal current technology off Brough Ness, on the southern most tip of the Orkney Islands (South Ronaldsay) and north east of John O’Groats. The company plans to have its first phase of SeaGen tidal turbines deployed there during 2017 with the whole scheme operational by 2020.

About RWE npower renewables:

1. RWE npower renewables is the UK subsidiary of RWE Innogy and is one of the UK's leading renewable energy developers and operators, committed to developing and operating wind farms and hydro plant to produce sustainable electricity. The company operates 17 hydroelectric power projects and 23 wind farms in the UK, including the country's first major offshore wind farm, North Hoyle. RWE npower renewables is also working with marine energy technology partners to deliver new wave and tidal stream power projects in the UK. Through our existing projects and those in development, we are working in close partnership with communities and companies throughout the UK. As Government policy focuses on achieving its EU commitment for 15% of UK energy to come from renewables sources by 2020, renewable electricity generation will need to increase to 30% of total output. We will be at the forefront of realising this aim.

2. In Wales, the company operates six hydroelectric power projects in North Wales, two offshore wind farms – North Hoyle, the UK's first major offshore wind farm, and Rhyl Flats, the largest renewables project in Wales, both off the North Wales coast. It also operates seven onshore wind farms from Neath in South Wales to Anglesey in the north.

3.RWE Innogy pools the renewable energy expertise and generating plant of the RWE Group. The company plans, builds and operates renewable power generation facilities, and aims to vigorously grow its renewable energy capacity in the UK and Continental Europe.

4. RWE npower renewables is a sister company to RWE npower, a leading integrated UK energy company with around 6.8 million customer accounts. RWE npower also owns and operates a flexible portfolio of conventional power stations as well as a portfolio of cogeneration plant producing more than 10% of the electricity used in England and Wales.

5. RWE is a major employer in Wales, operating three renewables office bases in South, Mid and North Wales, the Aberthaw Power Station and two Combined Heat and Power plants at Barry and Bridgend. In all, RWE's installed conventional and renewable energy generation in Wales supplies the equivalent of around one-third of Wales' electricity needs.

6. For further information about RWE npower renewables and RWE Innogy visit www.npower-renewables.com and www.rweinnogy.com For further information about RWE npower visit www.rwenpower.com

Client News- MCT passes another milestone

World's most powerful tidal stream turbine passes another milestone: two million kWh delivered

Date of issue: Tuesday, August 17th 2010

Marine Current Turbines’ SeaGen, the world’s first and only commercial scale tidal stream energy turbine, has passed another electricity generation milestone. The 1.2MW SeaGen, located in Strangford Lough (Northern Ireland), has delivered its two millionth unit of electricity into the UK electricity grid. It is now operating 24 hours, seven days a week and is well on course to be the first tidal system to meet the power generation criteria for the UK Government’s Marine Renewables Deployment Fund.

SeaGen is the only tidal energy system regularly generating power into the UK electricity grid and is the only tidal system to be accredited by OFGEM as a UK power station and also as a recipient of ROCs (Renewable Obligation Certificates). SeaGen is producing as much electricity as an average off-shore wind turbine of double the capacity and, unlike wind power generation, SeaGen’s output is wholly predictable.

Peter Fraenkel, Technical Director of Marine Current Turbines said: “Passing the 2 million kWh mark represents considerable progress and underlines the significant potential that our technology and base-load tidal energy has to offer. We are delivering marine energy on a daily basis which shows that our SeaGen technology is leading the race to harness the power of the seas by a large margin.”

It took SeaGen from July 2008 until March of this year to generate the first million units largely due to licence restictions placed on its operation. However since March the restrictions, to check that SeaGen’s operation did not have any adverse effect on marine life, have been significantly relaxed by the regulating authority and 24/7 operation has been allowed. So in just the five months since 24/7 operation started, SeaGen has delivered its second million.”

Peter Fraenkel added: “SeaGen, which produces 1.2MW for all current velocities higher than 2.4m/s, remains the world’s most powerful tidal turbine and after two years of development and successful operation is ready to be deployed on a commercial basis in other stretches of tidal water.

“It is worth clarifying that the key factor, which fixes the energy capturing capability of a tidal turbine, is its effective rotor swept area; this gives a measure of the amount of the resource that the machine can capture energy from. SeaGen’s twin rotors sweep 402 square meters of cross-section of current which is much larger than other tidal stream systems which are to be tested shortly. More importantly, SeaGen has been generating power for the past two years and therefore is unique as the world’s only megawatt scale tidal turbine with a verifiable and audited generating track record.”

Notes to Editors

1. Marine Current Turbines Ltd (www.marineturbines.com) is based in Bristol, England. The company was established in 2000 and its principal corporate shareholders include BankInvest, Carbon Trust Investments, EDF Energy, ESB International, Guernsey Electricity, High Tide and Siemens Energy. The company is chaired by Paul Lester, the former Chief Executive of VT Group plc.

2. In September 2009, MCT was ranked the world’s top tidal energy company in The Guardian/Clean Tech Global 100 Survey and in June 2009 won Renewable Energy Developer of the Year in the UK Renewable Energy Association Annual Awards.

3. MCT’s 1.2MW SeaGen was deployed in Northern Ireland’s Strangford Lough in April 2008; it has the capacity to generate electricity for the equivalent of about 1500 homes and has the equivalent in energy output as a 2.5MW onshore wind turbine. SeaGen works in principle much like an “underwater windmill” with the rotors driven by the power of the tidal currents rather than the wind. The SeaGen turbine is subject to a rigorous monitoring programme imposed under its licensing conditions to ensure it does not threaten the marine life of Strangford Lough where it is located.

4. MCT is working with RWE npower renewables to develop a 10MW tidal farm off Anglesey and with Minas Bay Pulp & Paper to deploy a single SeaGen system in Canada’s Bay of Fundy. In March 2010, MCT secured approval for a lease from The Crown Estate to deploy its SeaGen tidal current technology off Brough Ness, on the southern most tip of the Orkney Islands (South Ronaldsay) and north east of John O’Groats. The company plans to have its first phase of SeaGen tidal turbines deployed there during 2017 with the whole scheme operational by 2020.