There is a tide in the affairs of men.....

In the Independent 24 Dec 2006

Scottish & Southern Energy (SSE) is in talks to invest up to £10m in a tidal energy specialist ahead of a possible stock market flotation next year.......

The Bristol-based company is planning to install the UK's largest commercial tidal-energy project off the coast of Northern Ireland this spring. The project will use sea currents to generate 1MW of electricity - enough to meet the energy needs of 1,000 households....

SSE's investment, probably in exchange for a stake in MCT, would be the largest by a major utility in a tidal-energy firm. Until now, utilities have favoured backing more proven forms of renewable generation, such as wind farms. But the Government's energy White Paper, due out in the spring, is expected to provide bigger subsidies to wave and tidal projects, making them more attractive to investors.