LONDON (Reuters) - Scottish Power (SPW.L: Quote, Profile , Research) plans the world's biggest wave power generation project near the Orkney Islands, the company said on Tuesday.
Scottish Power - a takeover target for Spanish power company Iberdrola (IBE.MC: Quote, Profile , Research) - hopes to get the 10-million pound, three-megawatt wave power farm running by 2008.
Four 160-metre long "Sea Snake" wave power generators developed by Ocean Power Delivery should produce enough power for 2,000 homes, Scottish Power said in a statement. "It will be a test of the actual devices that will be used commercially and, if successful, should help propel Scotland into the forefront of marine energy throughout the world," Scottish Power's renewables director, Keith Anderson, said.
"This kind of marine generator can make the best use of Scotland's natural resources and help combat the threat of global warming in the future," he said.
Britain is increasingly looking to generate electricity from its wind-swept coastal areas in an effort to cut carbon emissions from the power sector as part of the fight against global warming.
http://today.reuters.co.uk/news/articlebusiness.aspx?type=businessNews&storyID=2007-02-20T152516Z_01_L20527663_RTRUKOC_0_UK-SCOTTISH-POWER-WAVE-FARM.xml