

This is a painful experience for those who bought shares at higher levels, but for those who are new to the idea of investing in tidal power, it offers an opportunity to buy in at lower price levels. Ocean Power Technologies (OPTT)Īs with some other stocks on this list, Ocean Power Technologies has recently experienced a slump in its share price. 5 Best Environmentally Friendly & Ethical Green Stocks.These respective processes offer significant potential, with the chief question for investors being how easy it is to develop commercially viable processes relating to each. Salinity Gradients – using chemical processes to turn the reaction between freshwater and seawater into clean energy.Ocean Thermal Energy – generating power by exploiting the difference in temperatures between the worlds surface and deep-level seawater.Waves – Harnessing kinetic and potential energy from waves using different forms of modular technology.Tides & Currents – Using dams across estuaries to convert the kinetic energy in the water flow into electricity.

There are four ways the sea's power can be harnessed to generate electricity. They currently offer a way into one of the hottest sectors in the market. The below analysis has identified the firms with the best growth prospects or some competitive advantage.
