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tidal

Generating Marine Electricity: Transitioning From Subsidies to Commercial Financing

Alexander McPhail's picture
In-stream tidal units convert the energy of tides and currents into power – a type of hydropower which has operated successfully for decades. No matter what you call it -- wave, in-stream tidal, river current, or hydro turbines; or where it sits -- sitting on the river bottom or suspended from a barge -- the technology has proven itself. What has remained more elusive is the much-needed transition from subsidies to commercial financing.