Today, global temperature rise is a reality. Diminishing oil and gas reserves are a reality. Costs of energy resources are rising. These changes promise to continue for a long time. The environmental and logistical problems raised by nuclear power solutions present many unanswerable long-term questions. The search for solutions to this situation is becoming increasingly urgent and will prompt the development of renewable energy technologies. The market for technologies capable of delivering environmentally acceptable and economically attractive alternatives will therefore grow.
Ocean and Tidal flow represents one of the largest natural reserves of renewable energy. For example government studies have already concluded that the Bristol channel alone could supply between 6 and 10% of England's power requirements. Compared to wind, wave and solar energy, the attraction of ocean and tidal energy extraction lies in its high energy density, predictability, invisibility and near zero impact on the environment.
Commercial viability of any energy conversion scheme depends critically on the reliable availability of energy, the ability to convert to electrical energy with the highest efficiency and low implementation and running costs of the converter. The implementation costs of current tidal converters are loaded by extensive and expensive barrages and support structures. Many of these have now been abandoned for cost and environmental reasons.
Aquascientific holds the key to new approaches for achieving high efficiency energy conversion coupled with low infrastructure. Our designs are capable of balancing the equations of commercial profitability for the first time.
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