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How Can Tides Be Used to Generate Power? What Is

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Essay

How can tides be used to generate power? What is currently being done in this area,and what is the long-term potential for tidal power?


Definitions:

Risk Premium

The additional return expected by an investor for taking on a higher level of risk compared to a risk-free investment.

Treasury Bills

Short-term government securities issued at a discount from the par value and pay no interest before maturing.

Weak Form Efficiency

Refers to a theory in financial economics that suggests all past market prices and data are fully reflected in current stock prices, implying that past price movements cannot predict future stock prices accurately.

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