Just heard today that a Bay of Fundy tidal power pilot project proposed by Nova Scotia Power and its Irish partner Open Hydro has received a $4-million shot in the arm from Sustainable Development Technology Canada.
The project cost to install an in-stream turbine on the bottom of the Bay of Fundy is expected to be $12-million.
This project will involve comprehensive environmental and oceanographic monitoring of a turbine placed in some of the strongest-known tidal currents in the world. (see map for places in the world that Open Hydro has identified as having the best tidal power potential - I marked in the Bay of Fundy).
The first Fundy turbine would produce one megawatt of electricity, enough to power 300 households. The project must still receive provincial environmental approval. The partners hope to have it operating by 2009 and test its operation in the following two years.
I'm continuing to follow this quite closely from my front row seat here on the Bay of Fundy, near the proposed tidal energy staging area - see sidebar for previous posts about tidal energy.