U.K. Boosts Funding of Tidal And Wave Power Projects
Six marine energy developers in the U.K. have been allocated $35 million of government funding to accelerate prototype production of offshore devices used to convert waves or currents to energy by the not-for-profit company Carbon Trust.
By reducing marine energy costs closer to wind-power levels, “thousands” of devices could be operational around the U.K. by 2020, say CT officials.