Tidal Energy: Current Status and Future Outlook
Tidal energy being more reliable than wave energy has a few operational plants with substantial capacity across the globe
Apart from tidal energy converters, other important technical aspects of the tidal energy plant is the foundation, grid connectivity and other supportive infrastructure
Europe is the front runner in the development and adoption of tidal energy technologies, whereas the United States is one of the top innovators in the same.
A region wise analysis reveals that China and South Korea are both very active in the space of tidal energy.
An upcoming untested method of tidal power generation (known as dynamic tidal power) seems to have created interest across the world and has great potential if successful.
About this report
This study provides a technology overview of the different tidal energy technologies currently available in the market and also technologies which are being developed currently. The study discusses about various technical features in a tidal energy system and also the tidal energy scenario (funding, R&D initiatives, tidal energy projects) in different regions across the globe. Restraints and drivers of the industry has also been identified and discussed. Technology management strategies implemented by different companies have also been discussed and the technology roadmap charted.
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