Core Insights - China is advancing a 100 MW tidal energy project, which is seen as a demonstration for global tidal energy development [1][4] - The first Marine Tidal Energy Development Conference was held in Zhoushan, Zhejiang [2][4] Project Details - The tidal energy project has a total installed capacity of 100 MW, with the first phase involving the installation of 20 units of 2.5 MW each, totaling 50 MW and an investment of 1.83 billion yuan [4] - The project is expected to commence construction by the end of the year, with preliminary work progressing steadily [4] Market Potential - Tidal energy is considered one of the most marketable marine energy technologies, with global resources primarily located in Europe and North America, while China has advantages in technological innovation and equipment manufacturing [4] - The demonstration project aims to cultivate competitive technologies and equipment that can enter the European and American markets, positioning China as a significant player in the global marine energy industry [4] Regional Advantages - Zhoushan, as China's first national-level new area focused on the marine economy, has a unique geographical advantage for developing tidal energy, with over 50% of the country's exploitable tidal energy resources located in its waters [4][5] Technological Achievements - The Zhejiang LHD Marine Tidal Energy Power Station has developed and validated a "platform + modular" approach to tidal energy utilization, achieving breakthroughs in stable grid connection technology for high-capacity tidal energy units [5] - As of September this year, the power station has been operational for over 8 years, generating more than 8.19 million kWh of electricity, maintaining the largest single-unit scale and continuous operation time globally [5]