Due to the island location of the UK, the country has great potential for generating electricity from wave power and tidal power.
To date, wave and tidal power have received very little money for development and consequently have not yet been exploited on a significant commercial basis due to doubts over their economic viability in the UK. Funding for the UK's first wave farm was announced by the Scottish Executive in February 2007. It will be the world's largest, with a capacity of 3 MW generated by four Pelamis machines and a cost of over 4 million pounds.
To date, wave and tidal power have received very little money for development and consequently have not yet been exploited on a significant commercial basis due to doubts over their economic viability in the UK. Funding for the UK's first wave farm was announced by the Scottish Executive in February 2007. It will be the world's largest, with a capacity of 3 MW generated by four Pelamis machines and a cost of over 4 million pounds.