Meygen
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Meygen
MeyGen (full name MeyGen tidal energy project) will be the world's largest tidal power, tidal energy plant, which is currently in construction. The first phase of the project uses four 1.5MW turbines with rotor diameter turbines submerged on the seabed. The project is owned and run by Tidal Power Scotland Limited and Scottish Enterprise. The high speed of currents in the area, reaching up to , made the chosen site in the Pentland Firth well suited to this type of energy generation. In October 2010, the newly named "MeyGen" tidal project from the nearby Castle of Mey and "Gen" for generation was created by a consortium of Atlantis Resources Limited, Morgan Stanley and received operational lease from the Crown Estate to a 400MW project for 25years. Phase 1 (formerly called Phase 1a) began operations in April 2018. In July 2022, MeyGEN plc was awarded a contract for 28MW in the Contract for difference (CFD) Allocation Round 4, which will be used to support the construction of Phas ...
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Pentland Firth
The Pentland Firth ( gd, An Caol Arcach, meaning the Orcadian Strait) is a strait which separates the Orkney Islands from Caithness in the north of Scotland. Despite the name, it is not a firth. Etymology The name is presumed to be a corruption of the Old Norse "Petlandsfjörð", meaning "the fjord of Pictland", and is completely unrelated to the Pentland Hills near Edinburgh. Prior to the Norse occupation of Orkney the strait was known as the "Sea of Orcs" – a reference to the Picts, Pictish tribe who inhabited Orkney. Such was their marine prowess that there are also instances of this name referring to the sea lanes of the entire west coast of Scotland down to Kintyre. One version of the 9th-century ''Historia Brittonum'' states that "the Britons originally filled the whole island with their peoples from the English Channel to the Sea of Orcs". Geography On the Caithness (southern) side the Firth extends from Dunnet Head in the west to Duncansby Head point, Duncansby Head i ...
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Atlantis Resources
SIMEC Atlantis Energy (formerly: Atlantis Resources) is a renewable energy company. It is incorporated in Singapore, but its operational headquarters are in Edinburgh, Scotland, United Kingdom. Initially, it was a developer of the tidal power turbines and projects, but after becoming a part of GFG Alliance it has expanded its business also to the waste-to-energy and hydropower. History In February 2014, Atlantis became the world's first tidal energy company to float on the London Stock Exchange's Alternative Investment Market, AIM sub-market and commenced construction on MeyGen, Europe's largest tidal power project in the Pentland Firth. On 20 February 2017, the company announced that it had completed the phase 1a of the Meygen project. This phase included the design, manufacture and deployment of four 1.5 MW turbines. The project received £1.5 million Scottish Government grant in 2020. A number of strategic investments and acquisitions occurred in late 20 ...
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Tidal Power
Tidal power or tidal energy is harnessed by converting energy from tides into useful forms of power, mainly electricity using various methods. Although not yet widely used, tidal energy has the potential for future electricity generation. Tides are more predictable than the wind and the sun. Among sources of renewable energy, tidal energy has traditionally suffered from relatively high cost and limited availability of sites with sufficiently high tidal ranges or flow velocities, thus constricting its total availability. However, many recent technological developments and improvements, both in design (e.g. dynamic tidal power, tidal lagoons) and turbine technology (e.g. new axial turbines, cross flow turbines), indicate that the total availability of tidal power may be much higher than previously assumed and that economic and environmental costs may be brought down to competitive levels. Historically, tide mills have been used both in Europe and on the Atlantic coast of N ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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Wind Turbine
A wind turbine is a device that converts the kinetic energy of wind into electrical energy. Hundreds of thousands of large turbines, in installations known as wind farms, now generate over 650 gigawatts of power, with 60 GW added each year. Wind turbines are an increasingly important source of intermittent renewable energy, and are used in many countries to lower energy costs and reduce reliance on fossil fuels. One study claimed that, wind had the "lowest relative greenhouse gas emissions, the least water consumption demands and the most favorable social impacts" compared to photovoltaic, hydro, geothermal, coal and gas energy sources. Smaller wind turbines are used for applications such as battery charging for auxiliary power for boats or caravans, and to power traffic warning signs. Larger turbines can contribute to a domestic power supply while selling unused power back to the utility supplier via the electrical grid. Wind turbines are manufactured in a wide range of ...
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Seabed
The seabed (also known as the seafloor, sea floor, ocean floor, and ocean bottom) is the bottom of the ocean. All floors of the ocean are known as 'seabeds'. The structure of the seabed of the global ocean is governed by plate tectonics. Most of the ocean is very deep, where the seabed is known as the abyssal plain. Seafloor spreading creates mid-ocean ridges along the center line of major ocean basins, where the seabed is slightly shallower than the surrounding abyssal plain. From the abyssal plain, the seabed slopes upward toward the continents and becomes, in order from deep to shallow, the continental rise, slope, and shelf. The depth within the seabed itself, such as the depth down through a sediment core, is known as the “depth below seafloor.” The ecological environment of the seabed and the deepest waters are collectively known, as a habitat for creatures, as the “benthos.” Most of the seabed throughout the world's oceans is covered in layers of marine sediments. ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ...
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Scottish Enterprise
Scottish Enterprise is a non-departmental public body of the Scottish Government which encourages economic development, enterprise, innovation and investment in business. The body covers the eastern and central parts of Scotland whilst similar bodies, Highlands and Islands Enterprise and South of Scotland Enterprise, operate in north-western and southern Scotland, respectively. History The body is a successor in part to the wide-ranging Scottish Development Agency which was established in 1975. The first Chairman of the SDA was Sir William Gray former Lord Provost of Glasgow. and the first Chief Executive was Dr, later Sir Lewis Robertson. The first year of its operation was 1977/78 with its functions described here in its first Annual Report 1978. Scottish Enterprise was created on 1 April 1991 under the Enterprise and New Towns (Scotland) Act 1990. That act dissolved the Scottish Development Agency (SDA), created in 1975 and the Highlands and Islands Development Board formi ...
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The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition. The newspaper was controlled by Tony O'Reilly's Irish Independent News & Media from 1997 until it was sold to the Russian oligarch and former KGB Officer Alexander Lebedev in 2010. In 2017, Sultan Muhammad Abuljadayel bought a 30% stake in it. The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. The website and mobile app had a combined monthly reach of 19,826,000 in 2021. History 1986 to 1990 Launched in 1986, the first issue of ''The Independent'' was published on 7 October in broadsheet format.Dennis Griffiths (ed.) ''The Encyclopedia of the British Press, 1422–1992'', London & Basingstoke: Macmillan, 1992, p. 330 It was produc ...
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Castle Of Mey
The Castle of Mey (also known for a time as Barrogill Castle) is located in Caithness, on the north coast of Scotland, about west of John o' Groats. In fine weather there are views from the castle north to the Orkney Islands. History The lands of Mey belonged to the Bishop of Caithness, Bishops of Caithness. The Castle of Mey was built between 1566 and 1572, possibly on the site of an earlier fortification, by the George Sinclair, 4th Earl of Caithness, 4th Earl of Caithness. According to a February 2019 report: "The castle was probably built between 1566 and 1572 by George Sinclair, 4th Earl of Caithness [and] includes a dominating tower with a series of tall ranges to the side and rear creating a three-sided courtyard open to the north and the sea."Originally a Z-plan castle, Z-plan tower house of three storeys, it had a projecting wing at the south-east, and a square tower at the north-west. The castle passed to Lord Caithness's younger son William, founder of the Sinclairs o ...
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Morgan Stanley
Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter Reyn ...
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Crown Estate
The Crown Estate is a collection of lands and holdings in the United Kingdom belonging to the British monarch as a corporation sole, making it "the sovereign's public estate", which is neither government property nor part of the monarch's private estate. The sovereign is not involved with the management or administration of the estate, and exercises only very limited control of its affairs. Instead, the estate's extensive portfolio is overseen by a semi-independent, incorporated public body headed by the Crown Estate Commissioners, who exercise "the powers of ownership" of the estate, although they are not "owners in their own right". The revenues from these hereditary possessions have been placed by the monarch at the disposition of His Majesty's Government in exchange for relief from the responsibility to fund the Civil Government. These revenues proceed directly to His Majesty's Treasury, for the benefit of the British nation. The Crown Estate is formally accountable to the P ...
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