Orbital Marine Power
61Credible Contributor· ProvisionalDeveloper of floating tidal stream turbines, operating the O2 — the world's highest-rated tidal energy device at 2 MW — off Orkney, with a 32 MW combined orderbook across the UK and Canada.
Why it's on ClimateTicker
Orbital Marine Power develops and operates zero-emission floating tidal stream turbines that displace fossil-fuel generation with predictable, grid-connected renewable electricity — making it a genuine deep-mitigation play. The core technology is real and operating at the world's leading tidal test site, with UK government CfD revenue contracts and Canadian PPAs providing commercial validation. However, as a small pre-profit company, Orbital lacks the formal ESG infrastructure (SBTi, CDP, audited sustainability reports) expected of institutional-grade climate disclosures, so investors must rely heavily on engineering milestones and regulatory filings rather than standardised sustainability data.
Commitments & Certifications
Controversy & Greenwashing Watch
Academic research published in Nature Communications (2024) found that O2 turbine wake effects could restrict movement of some marine fauna if future arrays are too densely packed, flagging a site-specific environmental risk for scale-up.source ↗
The OPALCO tidal project in Washington State, where Orbital is technology partner, faces potential delay following the change in US federal energy priorities under the Trump administration.source ↗
Third-party analysis notes the O2's world-record claim applies specifically to floating/stream turbines and is not valid versus barrage-based installations such as Sihwa Lake (25.4 MW per unit), representing a mild marketing overstatement.source ↗
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