Harnessing Moon Energy: The Innovative Tidal Kite Project in the Faroe Islands

Since 1907, SKF has been at the forefront of engineering and technology, transforming industries with their innovative bearings, seals, lubrication systems, and condition monitoring solutions that significantly reduce friction. In an exciting collaboration with Minesto, a pioneering developer in ocean energy, SKF is embarking on an innovative project that could revolutionize renewable energy harnessing by utilizing the power of tides influenced by the moon. This ambitious initiative aims not to leave our planet but to exploit the resources readily available to us here on Earth.

The Faroe Islands, known for their commitment to a sustainable energy future, have set an ambitious goal of achieving 100% renewable energy by 2030. Within this framework, the tidal kite project represents cutting-edge advancements in energy technology. The craft, called Luna, is designed to operate invisibly and silently beneath the ocean's surface, harnessing energy from daily tidal currents, all driven by the gravitational pull of the moon.

As the CEO of Minesto, Martin Edlund emphasizes, collaborating with a renowned company like SKF serves as both an education and inspiration, enhancing their development efforts. Estimates show that there are potentially 3,000 regions worldwide similar to the Faroe Islands that could benefit from this program, offering an opportunity for tidal energy to replace coal power capacity globally.

The Luna tidal kite has a rated power of 12 MW, sufficient to supply electricity to 200 villas for an entire year. With future plans to develop a tidal energy facility with 200 MW capacity, the project could accommodate up to 40% of the electricity demand expected by 2030. This initiative seeks to provide the small but densely populated island nation—a community of 50,000 inhabitants and 70,000 sheep—with green energy solutions.

Collaborating with local electricity company Sev is fundamental for this transition to renewable energy. CEO Hákun Djurhuus expresses determination in seeing tidal energy as a vital part of the vision for achieving 100% renewable electricity production.

The collaboration between SKF and Minesto is not merely about innovation; it highlights the importance of developing sustainable technology across industries to drive the energy transition. SKF's role includes designing bearings and sealing systems for the kites’ rudders and elevators. Their sophisticated software system also assesses the lifespan of bearings and calculates CO2 emissions, allowing for an analysis of various solutions beyond technicalities, embracing sustainability.

Annika Ölme, technical director for the SKF Group, underlines the significance of collaboration, stating that together, they demonstrate how technology and innovation can propel the transition towards renewable energy. By framing it as a space program that stays grounded on Earth, the partners emphasize the critical importance of leveraging local resources to generate renewable energy through tidal forces.

The push for ocean energy solutions is timely. The International Energy Agency reports that currently, a staggering 80% of global electricity comes from fossil fuels. Yet, by 2050, ocean energy could contribute significantly to the energy mix. This renewable resource is local in nature, predictable, and compatible with more established forms of renewable energy like wind and solar.

According to Ocean Energy Europe, ocean energy technology holds the potential to supply 10% of Europe's electricity by 2050 while creating approximately 400,000 qualified jobs. As we stand at the crossroads of innovation and sustainability, initiatives like the tidal kite project in the Faroe Islands illuminate the path towards a greener future, transforming the way we think about harnessing energy from our environment.

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