Abstract
Although tidal energy conversion technologies are not yet commercially available or cost-competitive with other renewable energy technologies like wind turbines and solar panels, tides are a highly predictable resource. Tidal energy’s predictability indicates that the resource could introduce less volatility into balancing the electric grid when compared to other renewables, a fundamentally desirable attribute for the electric system. More specifically, tidal energy resources are unique in that they have the potential to produce relatively smoother power profiles over time through aggregation. In order to generate smooth power profiles from tidal resources, sufficient complexity within the timing of tides is necessary within electrical proximity. This study evaluates the concept of aggregating diverse tides for the purpose of reducing periods of no and low energy production and creating smoother power profiles in regions around Alaska and Washington by calculating cross-correlations of tidal current velocity time series. Ultimately, study results show limited potential to exploit the resources for this purpose and describe the institutional mechanisms necessary to realize the benefits in practice.