RENEWABLE ENERGY
Wave and tidal power industry buffeted by rough U.S. regulatory process
The American wave and tidal industry, which has the potential to meet roughly one-third of all U.S. electricity needs, has a treacherous route to navigate in order to live up to its potential. The United States is well-positioned to be the global leader in this nascent marketplace, according to industry experts. But onerous regulations and a lack of federal funding stand to quash the domestic industry before it really gets started.