Skip to comments.Scottish Power (Scots developing Marine energy)
Posted on 03/12/2008 11:29:54 PM PDT by CaspersGh0sts
The Orkney Islands, where the North Sea and the Atlantic Ocean violently meet, last gained fame in 1725 when the pirate ship Revenge was captured there.
Today a handful of startups and big companies including General Electric (GE, Fortune 500) are hoping to capture a different prize in Scotland's northernmost waters: marine energy. With waves that travel thousands of miles across the Atlantic before battering its coastline and tidal flows that exceed eight knots, the Scots are poised to become the world leader in this renewable energy source - a market potentially worth billions. By 2020, according to some estimates, Scotland could produce as much as 1,300 megawatts, enough to power a city the size of Seattle.
(Excerpt) Read more at money.cnn.com ...
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