Monday, August 16, 2004

'Triple funds to capture wave energy'

Venture capital firm 3i has said the U.K. government should triple its investment in marine energy. Funnily enough I said the same thing in my very first post.

Portugal and Spain already offer a marine energy tariff, while Ireland is considering one.

The race is on in Europe to be the first country to install a commercial wave machine to supply the grid.