Inks Technology Cooperation Agreement with LCRCA
Korea Water Resources Corp. (K-Water) announced on Dec. 7 that it has signed a technical cooperation agreement with the Liverpool City Region Combined Authority (LCRCA) to help it build a tidal power station on the River Mersey.
The agreement was signed at the City Hall of the Liverpool Government in the United Kingdom on Dec. 6.
The LCRCA is the combined authority of the Liverpool City Region, which includes the City of Liverpool local authority area plus the Metropolitan Boroughs of Knowsley, St Helens, Sefton, Wirral and the Borough of Halton in North West England. It was established in 2014
In accordance with the agreement, the two sides will cooperate in technology exchanges for research, design, construction, and operation with regard to tidal power development, consultations on ways to participate in the Mersey Tidal Power project and carbon neutrality and research and development and human exchanges for linking water, energy and cities.
The Mersey Tidal Power project is the U.K.’s largest public sector renewable energy development project. It is intended to build a tidal barrage across the Mersey Estuary to produce enough power for up to one million homes and create thousands of jobs. The project aims to start power generation in 2030. This agreement was made at the request of the LCRCA. K-Water built and operates the Sihwa Lake Tidal Power Station, and the LCRCA intends to construct a similar facility on the River Mersey.
“Through this agreement, a combination of the best tidal technology owned by K-Water and the advanced carbon-neutral technology of the two countries will play a major role in responding to climate change,” said Jeong Kyung-yoon, vice president of K-Water.