The team at Marine Current Turbines (MCT), a UK-based developer of tidal current energy turbines, has had a busy year to say the least, including selling just under a 10% stake in the business to Siemens Energy--a sector precedent for the rest of the ocean power market, which by some estimates has the potential to generate up to 200 gigawatts of power worldwide by 2025. Martin Wright, managing director of MCT chats with Tidal Today on the company’s recent financing, how ROCs are the way forward and if he thinks the government will always have the final say on tidal energy’s future popularity among energy sources and consumers.
23 Jun 2010

