The EU has established targets for its member states to reduce greenhouse gas emissions, including those from electricity generation. These targets can be met by domestic projects or from imports of renewable energy from outside the EU, providing appropriate criteria are met.
Many EU states, including Germany, could potentially suffer shortfalls in electricity supply in future due to a combination of increased demand, and reduced supply due to retirement of existing powerstations.
New generation capacity is required in the EU and it is likely that more fossil-fuelled thermal capacity will need to be constructed unless more predictable low-carbon technologies options are available.
The majority of renewable energy technologies being implemented in the EU are of intermittent nature, such as wind and solar energy. Short-term variability of the output of these schemes can be overcome by storage (e.g. pumped storage hydro), or by time-shifting demand under the control of future “Smart Grid” technology. However the security of the EU power system will be greatly improved by predictable generation (such as the Mezenskaya Tidal Power Project) and by geographic dispersal of intermittent generation.
North West of Russia has substantial renewable energy resources which have been studied over the past century. However until recently the environmental, commercial and political drivers for implementation of these schemes have not been in place, and the technologies have not existed. However there is now a need for this renewable energy in the EU, and the technologies now exist for generation and transmission of the electricity.
CSC B.V. is cooperating with RUSCOLD (Russian National Committee on Large Dams) and has an exclusive mandate to promote and begin negotiations on developing the Mezanskaya Tidal Power Projectand associated portfolio of renewable energy projects in the North Western Region of the Russian Federation.
The initial aggregate capacity of this portfolio is planned to be 20,000 MW, and it has the potential to be scaled up to 80,000 MW, producing up to 240 TWh of electricity per year.
This document describes the project and the plan for its implementation.