technology: economics

There is a strong economic case for generating electricity using the Open-Centre Turbine. Currently, the cost of generating electricity using an Open-Centre Turbine is comparable to that of Offshore Wind. Longer term, economics of large scale deployment will trend costs toward those for onshore wind.

As fossil fuel prices continue to increase, the case for tidal energy strengthens further. OpenHydro estimates that the value of energy produced from the world's identified tidal resources should exceed €16 billion per year.

The Open-Centre Turbine's low cost of production, installation and maintenance combine to create a powerful case for investment.