Tidal energy is predictable and has the potential to balance the global energy system, complementing the intermittency of wind and solar. Minesto’s ocean energy kites are demonstrated in the Faroe Islands, a nation with one of the most ambitious transition schemes in the world, aiming to become 100% renewable by 2030. The technology is also applicable along Norway’s coastline. 

A cooperation between Sweden, Faroe Islands, Denmark and Norway could realize a new industry of ocean energy,and be a lighthouse project for ocean economies around the world. Minesto invites for a dialogue on how such cooperation could be reality, proposing a 200 MW buildout roadmap of tidal energy kite parks underwater.  

Moderator: Emma Modéer Wiking, Global Head of International Sustainable Business, Business Sweden 

Participants: 

• Dr Martin Edlund, CEO, Minesto
• Ingilín D. Strøm, Minister of Environment, Faroe Islands 
• Julie Wedege, SVP for Politics and Ownership, Statkraft 
• Isabella Gustafsson Ismodes, Research Programme Manager, Industry at Swedish Energy Agency