Wave and tidal power devices are close to producing electricity for mass consumption for the first time after a surge in investment, Alex Salmond has predicted.
The first minister said that the latest wave and tide machines being tested in Scottish waters were expected to become commercially viable by 2015 with several hundred megawatts of installed capacity, in a major breakthrough for the green energy industry.
Salmond’s prediction came as it emerged that one developer, Aquamarine Power, which has one of the most advanced wave power machines being tested off Orkney, had won fresh investment of £7m in its latest design and pledges of another £18m by 2014.
Until now, the presumption was that wave and tidal power was still up to a decade away from full-scale production.
However, the first minister told a green energy investment conference in Edinburgh that: “In the next few years, the wave and tidal industry will move from demonstrator machines towards substantial commercial development.”
A couple of years later, I wonder how the Bay of Fundy R&D is is progressing. I couldn’t find much online. In-stream tidal turbine deployed in the Bay of Fundy
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