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Current2Current Ltd Looking at energy production from a new perspective “The force of the tide is the biggest natural force in the whole world” Sir Patrick.

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Presentation on theme: "Current2Current Ltd Looking at energy production from a new perspective “The force of the tide is the biggest natural force in the whole world” Sir Patrick."— Presentation transcript:

1 Current2Current Ltd Looking at energy production from a new perspective “The force of the tide is the biggest natural force in the whole world” Sir Patrick Moore Current2Current.com Contact: Copyright © Current2Current Ltd 2013

2 Current2Current Ltd Looking at energy production from a new perspective Copyright © Current2Current Ltd 2013 NET Down-force:- Stability improves with flow Horizontal force acting as a shear force Very small turn- over moment Tidal Energy Converter

3 Current2Current Ltd Looking at energy production from a new perspective 3 year funding schedule Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q Copyright © Current2Current Ltd 2013 Ø4m PROTOTYPE (£ ) Ø12m PROTOTYPE (£ ) TESTING (£ ) TESTING (£ ) 1.75m PROTOTYPE TESTING (£ ) Total Funding Resources to 2017 Total Private Investment £ % CONTINGENCY Total Public Funding £

4 Current2Current Ltd Looking at energy production from a new perspective Production Projection Year Annual Production 12m TEC4m TEC Projected EBITDA 2016£5m 2017£8.25m 2018£20.4m 2019£38.6m Projected profit before Tax 2016£1.65m 2017£2.7m 2018£6.7m 2019£12.7m Copyright © Current2Current Ltd 2013

5 Current2Current Ltd Looking at energy production from a new perspective Advisory panel Team make up Current2Current.com Contact: Copyright © Current2Current Ltd 2013


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