The Aegir wave farm was a planned wave farm off the south west of Shetland. The project was developed by Aegir Wave Power, a 2009 formed joint venture of Vattenfall and the wave power technology developer Pelamis Wave Power. The wave farm would have had capacity from 10 MW potentially up to 100 MW.[1] Following the collapse of Pelamis in November 2014, the project was cancelled by Vattenfall in February 2015.
It was to have used around 25 Pelamis P2 converters.[2][3] The first phase was intended to be installed by 2014,[4] however, it was announced later that the company would file a planning application to Marine Scotland in 2014.[5][6] The second phase would have consisted of an array of up to 14 converters with a total capacity of 10 MW. The third phase would have increased capacity up to 40 MW by 2023. After that, capacity may have been increased up to 100 MW.[1] The project was dependent of construction of a transmission cable between Shetland and the mainland Scotland. Approval of the Viking Wind Farm at Shetland could promote the interconnector's project.[7][8]
In November 2014 Pelamis went into administration after failing to secure enough funding to develop its devices.[9] In February 2015 Vattenfall announced that it would liquidate Aegir.[9]
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