Long Term Economic Viability of Tidal Range Energy : The Role of Revenue Models, Social Benefits and Discount Rates

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Agyeman, Stephen Duah and Turner, Karen and Calvillo, Christian and Zhou, Long (2025) Long Term Economic Viability of Tidal Range Energy : The Role of Revenue Models, Social Benefits and Discount Rates. University of Strathclyde, Glasgow.

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Abstract

This policy brief demonstrates new research by the Centre for Energy Policy, as part of the EPSRC TARGET project, which shows that under current market arrangements, such as the prevalent Contract for Difference (CfD) framework, tidal range schemes (TRSs) are unlikely to deliver a positive net present value (NPV) during the lifetime of the assets created.

ORCID iDs

Agyeman, Stephen Duah ORCID logoORCID: https://orcid.org/0000-0003-0607-5719, Turner, Karen ORCID logoORCID: https://orcid.org/0000-0002-1144-5019, Calvillo, Christian ORCID logoORCID: https://orcid.org/0000-0002-5495-6601 and Zhou, Long ORCID logoORCID: https://orcid.org/0000-0001-9687-1406;
CORE (COnnecting REpositories)