London Hosts Tidal Energy Conference

If I had another couple of good reasons to be in London, I’d love to check out this conference on tidal energy, reported to be one of the fastest growing renewable energy technologies, and predicted to be worth a staggering £3.7 billion to the UK by 2020.  For tidal to succeed, it needs a large population center nearby, combined with extreme latitudes, where the tides are more pronounced; thus I suppose that if this can’t work in the UK, it can’t work anywhere.

What pleases me about the trajectory for tidal (and the other flavors of clean energy as well) is the top industrial names that are jumping in with both feet.  When I see that ABB, Alstom, Siemens and so forth are embracing tidal, it gives me confidence that it will actually happen with some alacrity.  Senior management can’t afford to invest resources into arenas that subsequently fail to gain momentum and monetize themselves.