New research forecasts total wave and tidal spend of $1.2 billion

摘要

New research released by energy business analysts Douglas-Westwood, UK, reveals the world wave and tidal current stream sectors will see expenditure of US$1.2 billion (GB£750 million) over the next five years. Annual capital expenditure estimated at US$52 million (GB£33 million) in 2010 is forecast to rise to US$500 million (GB£313 million) in 2015. Installations in 2011 are more than double those in 2010 and a total of 150MW of wave and tidal current stream capacity is forecast to be installed between 2011-2015. The UK, Canada and US are the three biggest markets. The UK leads with 110MW of installations forecast. Capex in the UK will