Off the coast of Alderney later this year, Spiralis Energy chief executive Guy Levene hopes to see the start of a revolution in UK tidal energy. Quite a few revolutions, in fact.
Wave and tidal energy firms say they are stuck in a "chicken and egg" investment conundrum, with a lack of project certainty hampering financing options.
Floating tidal developer Orbital Marine Power says it intends to qualify several projects for the next round of the UK Government’s Contracts for Difference (CfD), following confirmation of ringfenced funding for the sector.
Scottish renewable energy firm Sustainable Marine is pushing on with plans to deliver the world’s first floating tidal array after unveiling its next-generation platform.