QED Naval would like to extend sincere thanks to all shareholders, investors and supporters for your ongoing trust and commitment. Your belief in our mission has enabled us to reach this next stage, scaling up our tidal energy ambitions and strengthening our role in delivering clean, predictable power to the UK and beyond.
We are pleased to share that our latest company video is now live, showcasing the progress made so far in developing our Subhub tidal platform and Tocardo tidal turbines.
Watch here: https://www.youtube.com/watch?v=ULinRtdMsyI
The video highlights our core asset – a share of the Contract for Difference (CfD) tidal market, projected to generate around £55 million in energy sales over the next 15 years from 2027.
Our Welsh subsidiary, Mor Energy (Phase 1), is set to develop 4.5 MW of tidal energy at Morlais, just off the coast of Anglesey, North Wales. With our Subhub platform and Tocardo’s proven heritage of reliable and efficient energy generation, we are now at the start line and ready to deliver.
In addition, we have taken a significant technical step forward: QED Naval has engaged Blackfish Engineering Design to conduct a comprehensive Technology Readiness Assessment on our Subhub-ID tidal platform and T3 tidal turbine ahead of our Final Investment Decision. This rigorous review covers Basis of Design, design methodologies, risk assessments and quality documentation, helping ensure our technology is fully prepared for deployment. qednaval.co.uk
Looking ahead, QED Naval is focused on:
- Advancing the Morlais project towards delivery
- Expanding our capacity and participation in upcoming CfD allocation rounds
- Strengthening international partnerships and project pipelines
- Continuing to enhance technology readiness in preparation for deployment
With a 30 MW berth at Morlais, a 300 MW project pipeline, and a 500 GW global tidal opportunity, QED Naval is ready to scale predictable, proven tidal energy technology to meet global demand. Thank you to everyone who has supported QED Naval’s vision. Together, we are building a cleaner and more sustainable energy future.