Tidal resource energy creation is making waves in the sustainable development market this week. Of the various types of feasible water electricity generation in development, including tides, waves, Ocean Thermal Energy Conversion (OTEC), chemo kinetics, as well as biofuel from marine algae and plants, tidal resource energy is the option closest to being ready to enter the commercial market.
Countries like Indonesia, who are at high risk for significant climate induced changes, stand to benefit immensely as the technology develops. Using Indonesia as an example, the country benefits from the consistent and powerful tides of the Pacific Ocean and current that flows through the Indonesian Archipelago.
The UK has been developing various tidal turbines for the past thirty-years and have already begun to see the benefit of this renewable option. There are many benefits from using this method of renewable, sustainable energy: the turbines don’t require any land (installed offshore); are “environmentally friendly” (zero emissions) and, with zero CO2 emissions.
It comes as no surprise then that Indonesia has chosen UK project developer SBS to bring its tidal-stream development projects to the country. One year ago in April 2015 the Indonesian government approved the first ocean power generation plant be established in Indonesia. The project will eventually be staffed completely by Indonesian nationals. Three sites have been established and the first, which will have a 150MW capacity has been approved to begin construction and is expected to be operating in the next year. This facility will come at a $750 million privately-funded price tag.
As the government expands its policy making to support renewable energy initiatives such as these tidal-stream projects, we can expect to see high-risk countries such as Indonesia approving and developing projects aggressively to mitigate and adapt to climate change issues.