Instead the German utility will focus on a 1MW tidal installation it intends to deploy this year in partnership with Voith Hydro at the European Marine Energy Centre (EMEC) at Orkney, also in Scotland.
While industry commentators caution that the implications of RWE’s decision for the wider wave-energy sector should not be overstated, it will inevitably be seen by some as evidence that investor interest is tipping further in favour of tidal power.
RWE
