"Nova Scotians want more green energy, and our tides offer a local source that can play a role in protecting the environment and growing our economy," Energy Minister Richard Hurlburt said Thursday in a news release.
"But we need to move cautiously. This was a key point raised in the recent strategic environmental assessment."
The government says in a report that it is committed to creating legislation that covers benefits, royalties and other issues before considering commercial in-stream tidal projects, which operate like underwater wind turbines.
The report, Bay of Fundy Tidal Energy, outlines many of the conditions that tidal projects must meet before installation.
"Before anything goes into the water, these devices will undergo a site-specific environmental assessment to ensure they can be operated without significant environmental impacts," Environment Minister Mark Parent said.
The government said up to $2 million will go to the Offshore Energy Environmental Research Association for tidal energy research.
Electricity for about 100,000 homes could be generated by a demonstration tidal project proposed for the Bay of Fundy. The proposed facility would include three tidal devices.
Article by: BILL POWER
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