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Racing the waves [wave and tidal energy technology]

Racing the waves [wave and tidal energy technology]

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British companies are at the forefront of the development of wave and tidal energy technologies, but a lack of practical support could allow the UK's dominant position to slip away. To accelerate the drive towards commercialism, wave energy developers would, without a doubt, benefit from some form of revenue support mechanism to accelerate the move to commercialisation. Indeed, ideas such as double renewable obligation certificates (ROCs) and even feed-in tariffs have already been touted. Whatever the incentive, these would certainly remove the risk of the wave energy industry falling foul of the commercial disappointments that have plagued wind generation.

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