From Commodities-now.com: Global warming, energy security and rising oil prices have resuscitated the marine energy sector. Ocean energy is a predictable and abundant source of energy with the ability to supply approximately 10% of the world’s electricity needs.
The value of worldwide electricity revenues from wave and tidal stream projects could ultimately be between £60bn (€77.40bn) and £190bn (€245.10bn) per year. The United Kingdom is a clear leader both in terms of activity and in terms of support to the sector. …. Full Article: Source