Dr Paul Golby, chief executive of E.ON UK, said: β€œA tidal stream scheme on this scale, which will be one of the largest of its kind in the world, will allow us to both better understand how to harness the power of the tides and, just as importantly, to develop a new way of generating clean, reliable and plentiful power.”

William Law, chairman of Lunar Energy, added: β€œIn the last six years Lunar Energy and our technology partner Rotech Engineering have made pivotal and significant advances in marine turbine technology.”

Early feasibility studies into the multimillion pound development have been completed and a short list of potential sites is under review. It is anticipated that the plant would be operational by 2010, the first commercial scale tidal stream energy plant of its kind.


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