How big are the wave and tidal energy market?
Tidal energy is a type of hydropower that generates electricity from the tides. The hydropower generation is generated from higher to lower water flows and regulated by the use of dams to generate potential energy.
Wave and tidal energy help to improve energy security, reduce energy supply and reliance on fossil fuels.
Wave and tidal energy are the best options to utilise ocean energy for power generation with minimal emission of carbon dioxide.