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Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

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In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Introduction to Wave and Tidal Energy

Introduction to Wave and Tidal Energy

Colin Palmer

40 years: Renewable energy

Wave and tidal energy are, subjectively, both abundant and powerful sources of natural energy. In this video, Colin explains the reason why wave energy is much less commercialised than wind and solar energy and the challenges surrounding wave energy development. He further talks about the cost differential between wave, tidal and offshore wind energies.

Wave and tidal energy are, subjectively, both abundant and powerful sources of natural energy. In this video, Colin explains the reason why wave energy is much less commercialised than wind and solar energy and the challenges surrounding wave energy development. He further talks about the cost differential between wave, tidal and offshore wind energies.

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Introduction to Wave and Tidal Energy

10 mins 56 secs

Overview

Wave and tidal energy are, subjectively, both abundant and powerful sources of natural energy. Despite this “common sense”observation, they are both at a very early stage of development when compared to the other marine based renewable energy, offshore wind energy. Individual offshore wind projects are sized in GW, yet the total global wave energy deployment to date is only a few MW, tidal energy maybe a few tens of MW.

Both wave and tidal energy have been researched in great detail over the years, most notably, for wave energy, during the UK wave energy programme of the late 1970s. Around the same time, the development of tidal barrages in locations such as the River Severn was investigated. More recently, government and commercial research has switched to tidal stream technologies, with prototypes now starting to be deployed. The costs of these technologies are at present several times that of offshore wind.

Even if these developments do succeed in driving costs down to a competitive level, the resources for both wave energy and tidal energy are more limited and localised than for offshore wind.

Key learning objectives:

  • Explain why wave energy is much less commercialised than wind and solar energy

  • Explain the difference between tidal barrages and tidal stream technologies

  • Contrast the cost differential between wave, tidal and offshore wind energies

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Summary

What is the most significant challenge facing wave energy development?

Extreme weather at sea can create enormous waves containing many thousands of times more energy than the average, and wave energy devices have to be able to survive these conditions. To date, no one has been able to design a device that combines being effective at extracting energy from average conditions and also able to avoid responding to the extreme conditions. This means that wave energy devices have to be built to withstand loads that are many, many times greater than they experience most of the time, resulting in high structural costs compared to the energy output.

What are the two fundamental concepts for power generation from the tides?

Like the tidal mills of old, tidal barrages use the difference in water height between high water and low water, converting the potential energy in the water. In contrast, tidal stream devices extract energy from the moving water in a tidal stream, the kinetic energy.

What are the costs of wave and tidal energy compared to offshore wind energy?

Wave energy development is still at a stage where there are no significant commercial deployments and consequently no operational history from which it is possible to determine the cost of energy. The lack of deployments, despite a number of subsidy support schemes, suggests that the costs are still many time that of wind energy.

Tidal stream energy is a little further down the cost curve, with a number of pre-commercial devices in, or shortly to enter, operation. But here again, their costs have not been market tested and substantial subsidy levels are said to be required, whereas offshore wind is more or less competitive with long term wholesale power prices.

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Colin Palmer

Colin Palmer

Colin has been involved in renewable energy since the late 1970's. In 1988 he launched his own renewable energy company Windcluster Ltd, which financed and built one of the first wind farms in the UK. Colin has also been a director of the British Wind Energy Association and ReGen Southwest as well as a trustee of the Centre for Sustainable Energy in Bristol.

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