Domestic interest is such that, experts say, the U.S.
tidal energy market may overtake Europe in a few years.
Such exports hit a peak of 874,260 barrels in total in July, before falling back to 346,921 in August... The re-exports have become a relief valve for both countries by reducing some congestion of supplies within the U.S. «We've got so much rail capacity now and pipe capacity is really starting to come on line, especially heading down to the U.S. Gulf,» said Martin King, analyst at FirstEnergy Capital Corp. «One way or another, the market's figured out a way to get Canadian crude to a country other than the U.S.»
Tidal Energy Marketing Inc., a unit of Enbridge Inc., is one company that has shipped Canadian crude from the Gulf Coast, sending a cargo to Spain in May.
Not exact matches
«There is a realization that a diversified suite of renewable
energy resources will displace fossil fuel,» said Monty Worthington, who is directing a
tidal energy project in Alaska for the Maine - based Ocean Renewable Power Co. «To establish a place in the emerging marine renewable
market, the time for [U.S.] investment is now.»
This project launches us into a new
market alongside
tidal generation to produce base load
energy.
note 2; hydropower, including
tidal and wave, from IEA, Renewables in Global
Energy Supply: An IEA Fact Sheet, pp. 13, 25, at www.iea.org/textbase; rooftop solar water and space heaters from IEA, Solar Heating and Cooling Program, Solar Heat Worldwide:
Markets and Contribution to the
Energy Supply 2005 (Paris: April 2007); REN21, op.
The
market for wind
energy in China grew by 35 % in 2004, while the government has sponsored research into the development of fuel cells and
tidal power station technologies.
Tuckey is an enthusiast for the
tidal power potential of the Kimberley region, as indeed am I. Given the incentives associated with a high enough price for carbon, and reforms to the National Electricity
Market to encourage more investment in long - distance transmission lines, there is huge potential in
tidal energy.
Days later Siemens AG (SIE) announced it's selling Marine Current Turbines Ltd... Already the top 20 wave and
tidal - stream businesses have amassed losses of $ 903 million over their lifetimes, according to BNEF data... «This is the capitalist survival - of - the - fittest process working as normal in any new
market area,» McCrone said by e-mail... As other renewables such as solar and wind have reduced cost to become commercially viable, waves and tides remain the most expensive sources of power, costing four times more than coal, BNEF estimates... Oceanlinx Ltd. and Wavebob Ltd. both failed in the past 18 months, and Ocean Power Technologies Inc., one of the only listed marine
energy businesses, canceled a project inAustralia.
5 Dec: Bloomberg: Louise Downing: Marine Power May Suffer More Casualties After Siemens
Tidal Sale The downfall of two leading marine -
energy developers is damping hope that the emerging industry, which has already lost almost $ 1 billion, will ever get the technology to
market... Pelamis Wave Power Ltd., once a client of EON SE, Germany's biggest utility, said last month it had run out of money.
He has particular experience of Electricity
Market Reform, Contracts for Difference, carbon capture and storage, solar, wind,
tidal,
energy from waste and electricity and heat power purchase, off - take and supply agreements, as well as regulated asset and PPP models.Alex also advises clients in the Transport, Utilities, Oil and Gas and Mining sectors.