Tidal Power, Business and Industry Trends Analysis

The enormous potential of harnessing the movement of the tides to provide electrical power is leading to the development of many tidal generating facilities.  Much of recent development has been centered in Europe and the UK.  One of the largest projects is located in the La Rance estuary in France.  Completed in 1966, the project generates 600 million kilowatt-hours per year. The Orkney Islands off the coast of Scotland rim the Scapa Flow, an underwater formation that is almost ideal for harvesting tidal power and the site of several installations.  The Scottish Government hopes to generate 1,600 megawatts of tidal…

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