It said any further authorizations to test more turbines would depend on the effectiveness of whatever technology the company would develop over the next year to detect fish movements.īut Hayman says the federal government was unclear about how much information it would have needed to satisfy its concerns about potential harm to fish. In addition, the cloudy waters of the basin make it difficult for underwater cameras to distinguish objects passing through the turbines.Īmid these “significant challenges,” the department suggested Sustainable Marine Energy work with researchers on finding a technology that would succeed, repeating an offer made in March to allow the company to install a single turbine in the Minas Basin for one year and monitor whether fish were colliding with the equipment. The letter acknowledges that sonar systems to detect fish wouldn’t work in the upper levels of the water where Sustainable Marine’s turbines operate. “We still don’t know how well migratory fish can control their movements and avoid structures,” the department said. In the letter, the Fisheries Department said the project’s rotors were capable of moving at 15 metres per second and could potentially impact fish. The facility provides berths where tidal companies demonstrate the effectiveness and environmental impact of their technologies. The firm had been one of four expected to operate turbines at the test facility operated by the non-profit Fundy Ocean Research Centre for Energy, near Parrsboro, N.S. The regulatory hurdles imposed by Ottawa - requiring the company to monitor whether fish would collide with the tidal platforms - proved too difficult to implement, he added. “It’s going to kill the whole tidal power adventure in Nova Scotia and sterilize the massive investment that’s been made by the provincial government, the federal government and private investors,” Hayman said.Ī letter sent Thursday by the federal Fisheries Department didn’t satisfy investor concerns, he said, because they couldn’t see a clear way forward for the project. Sustainable Marine Energy planned to produce megawatts of electricity to power Nova Scotia homes instead, the executive says the firm’s bankruptcy will discourage other investors. The next step - now cancelled - would have been to bring them to the testing site about 200 kilometres northeast in the Minas Basin, where the world’s highest tides flow. The company’s catamaran-style tidal platforms - with turbines resembling inverted windmills - were praised as promising innovations when the firm installed them during a first phase of testing near Nova Scotia’s Brier Island. “It’s very disappointing for our team and everyone else.” The Canadian company will be placed in voluntary bankruptcy,” Hayman said in an interview Friday. His firm will wind up all its operations in Canada, resulting in losses of approximately $30 million to $40 million, depending on sales of equipment and assets, he added. Jason Hayman, chief executive of U.K.-based Sustainable Marine Energy, says investors are placing their Canadian subsidiary into bankruptcy after fruitless talks with the department. HALIFAX - A firm that hoped to generate electricity from the Bay of Fundy’s massive tides is instead winding up operations after a regulatory struggle with the federal Fisheries Department.
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