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The Green Investing Handbook: A detailed investment guide to the technologies and companies involved in the sustainability revolution by Nick Hanna

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3. MARINE ENERGY

“Of all the intermittent renewable sources, ocean power could be closest to providing a predictable generating profile and water’s density means that lots of energy can be extracted from a small area. Significant developments in ocean power are expected over the coming decade, with over 1000 patents existing for ocean power generators. Tidal and wave power is at a similar stage of development to wind power 25 years ago.”

Investment Opportunities for a Low Carbon World [63]

Introduction

During the first flowering of what was known as alternative energy in the 1970s, talk of marine renewables was dominated by just one device, the legendary Salter’s Duck, which was said to have achieved efficiencies close to 90% in converting ...

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