This study shows there is substantial potential economic opportunity in building a tidal energy industry in Canada. It indicates that tidal energy could reduce our dependence on fossil fuels and create a new industry offering significant socio-economic benefits. The study’s value proposition examined the economic potential that could be realized over a 25-year period and how that financial valuation changes under different factors and drivers.
Principal Investigators: Michael Gardner, Gardner Pinfold Consultants Ltd.; Acadia Tidal Energy Institute (ATEI); Quadrule Services; Heriot Watt University (UK); and QS Atlantic.
This resource is also available on the OERA research portal at: https://oera.ca/research/value-proposition-tidal-energy-development-nova-scotia-atlantic-canada-and-canada