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## Economics of tidal power

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There are two aspects involved when considering the economics of tidal power. Firstly, the cost of the electricity produced and, secondly, the value of that electricity. If the cost is less than the value, then that tidal power scheme can be considered to be economic. However, other methods of generating electricity, if available, may be more economic and therefore preferable. These two aspects, cost and value, are discussed separately in the following sections.

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