Tidal and Ocean Current Energy Potential Assessed

Ocean currents and tidal streams present a reliable renewable energy source for baseload power. These sources offer near-total predictability and global availability, according to a recent analysis. They can significantly contribute to a sustainable energy transition. The analysis highlights minimal land use and reduced visual impact as key advantages. This makes them suitable for regions facing renewable energy project resource constraints. Minesto's analysis estimates the technically recoverable potential of tidal and ocean currents exceeds 600 GW of installed capacity. This figure surpasses the world's total nuclear power capacity, which stands at just under 400 GW. Minesto develops technology designed to harness these energy sources efficiently. The technology is lightweight, modular, and scalable. The company asserts this technology can substantially contribute to future renewable energy mixes. It also plays a role in the ongoing energy transition by providing a consistent and predictable power source.