Page 58: of Maritime Reporter Magazine (April 2012)
Offshore Deepwater Annual
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54Maritime Reporter & Engineering News all levels of government. The federal govern- ment sees a potential supply chain that flows from the Bay of Fundy right across the coun- try, where up to 80,000 megawatts of tidal power lies in wait ? they have chipped in the largest grant to the project to date: $20 mil- lion.The province has been hugely influential by building the right incentives: feed-in tariffs, caps on GHGs, and aggressive renewable tar- gets.When FORCE installs the submarine cablethis year, we will have a total of 64 megawatts of cable capacity from our test site.That moves Canada to the front of the pack in terms of total capacity worldwide ? more than any other tidal test site in the world. So yes, I think its fair to say we all see the potential. Standing at the window of our vis- itor centre, the potential is obvious to anyone: as the tide moves in and out, the island just offshore forms a bow wave just like a ship steaming through the water. The water moves fast here. And theres 14 billion tons of it. The Bay of Fundy, home to theworlds most powerful tides