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Tidal energy project gathers momentum

Clipped to the Drawing Board by Dillon Smatcher  
An energy farm harnessing the power of strong tidal currents at the entrance to the Kaipara Harbour in Northland looks likely to be the first new marine energy kid on the block by winning the government's initial funding package for a new field of renewables.

But the $1.85 million to help Crest Energy deploy three turbines in the main harbour channel immediately off the north head pales into insignificance against the $600m the company expects will be needed over the next decade.
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Tuesday 3 June, 2008 08:53 AM
 
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