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Tidal Energy Market Trends & Outlook
Tidal Energy Market Trends – Key trends include hybrid tidal projects, floating turbines, and advanced marine energy solutions.
A key trend in the tidal energy market is the focus on tidal stream power, which uses underwater turbines to harness the kinetic energy of tidal currents. This approach is gaining favor over traditional tidal barrages, which can have significant environmental impacts.
The industry is also seeing a trend toward larger, more efficient turbines and the development of arrays of turbines to create larger-scale tidal farms. The use of advanced materials and smart monitoring systems to improve durability and reduce maintenance costs is also a significant trend.