Key facts and developments in marine energy
$this->bbcode_second_pass_quote('', 'M')arine energy, consisting of wave and tidal power, is the great untapped resource of renewable energy. While few of the technologies are up and working, many companies say they will be producing electricity from water in coming years, prompting interest from power firms and investors.
Waves and changing tides can produce more energy per acre than wind. Water is always moving whereas gusts only keep wind turbines producing around 30 percent of their maximum capacity.
Up to 20 percent of current UK electricity demand could be met by wave and tidal energy in future, according to the Marine Energy Challenge, a research document commissioned by the Carbon Trust. It is a government-backed agency which has already invested in the wave power technology of Pelamis, one firm considering an IPO.




