Mar 4 2011
Research and Markets has included a new report of GlobalData titled, ‘Global Tidal Energy Market 2010-2014,’ in its compilation of research reports.
Presently, the tidal energy segment is in its early stage. Global markets are striving to include new innovations and tidal power plants have been constructed to enhance power generation. The European tidal energy market is at the forefront of the American tidal segment.
Countries in Asia, including India, South Korea and Japan have also commenced generating tidal energy. The major driving factor for international tidal energy segment is its predictability.
With increasing ecological interests, the minimum emissions linked with tidal energy production also serve as significant driving factors. On the other hand, the probable harmful impacts on aquatic life serve as a major obstacle to the growth of tidal energy market.
The report has been released after conducting an extensive investigation of the tidal energy market and data was collected from industry specialists. The report includes market and vendor landscape aided by drivers, trends and restraints. It highlights the current market situation as well as the expected development of the global tidal energy segment. It also includes sellers who develop and supply turbines to the tidal energy market. The companies covered in the report are Verdant Power, OpenHydro, BioPower Systems, Blue Energy Canada and Pulse Tidal.