Deep Green – a unique technology to produce renewable energy
Renewable energies
Minesto AB
A tidal and ocean current power plant using the principle of a kite to reach a new level of cost competitiveness. The only proven technology that operates cost-efficiently in slow moving currents.
Commercialised by
Minesto AB
Västra Frölunda Göteborg
Vita gavelns väg 6, 426 71 Västra Frölunda Göteborg, Sweden
Sustainable developement goals
A revolutionary concept for producing electricity from the ocean
Visit siteThe need
The global demand for low-cost renewable energy is increasing. An expanding human population, the need for energy supply security and a way to combat climate change are driving forces behind the development of efficient new technology.
The solution
Deep Green sites are far more accessible than competing technologies and offer a highly efficient technique of increasing relative water flow speed into the turbine that provides a lower long-term levelised cost of energy (LCOE) at approx. €60/MWh. They offer low-cost offshore operations by using smaller boats and equipment and site characteristics monopoly with technology operating cost-efficiency in slow currents.
The value proposition
- Global resource.
- Low-cost renewable energy.
- Small in size and weight, weighing 10-25 times less per MW than competing technologies.
- No land is required and there is no visual impact.
- Provides reliable, predictable and sustainable renewable energy (baseload power).
- Unlocks an untapped renewable energy source.