There is so much talk about solar energy and even wind energy, it is surprising the idea of tidal and wave power is going by the wayside. Granted, tidal and wave power is not of major interest to those communities which are located on islands.
But, for coastal residents, this could be a prime source of alternative energy. Nevertheless, with the focus being primarily on solar energy, the other kinds of energy generation appear to have been forgotten.
Perhaps it is the fact the federal government is currently looking for the kind of energy generation which will benefit the country as whole, as opposed to the kind of energy creating technology which only benefits small segments of the population. Nevertheless, this step does in many ways discount the contributions tidal and wave power would make, if given half a chance.
Of course, considering it would take significant fiscal infusions to set up a workable plan of energy harnessing, generation and distribution, it makes fiscally a lot of sense to focus on the program which benefits the most number of people.
On the flipside, it is this very need which might just open up the door to private enterprise. If allowed to explore the viability of tidal and wave power as opposed to solar energy, a new industry could take control of a potentially small portion of the overall energy market.
This step would necessitate a company willing to take a huge fiscal risk, able to follow through with technology and innovation, and then possess the right business model to make tidal and wave power and affordable energy product for the consumer.