The tidal stream industry has made significant progress in the past decade. Recent research points to its potential to boost the UK’s economy by £1.4bn, adding 4000 jobs and supporting coastal communities in need of economic regeneration. But developers are still proving their technology, and there remains work to be done before the sector becomes cost-competitive with other forms of renewables generation.
Nova Innovation is one of the firms leading the charge for tidal energy. The game-changing Edinburgh firm scored a world-first in 2016 with its three-turbine Shetland Array, a project delivered with 80% Scottish supply chain content, and is now the lead partner in the £20.2m European project Enabling Future Arrays in Tidal (EnFAIT).