Ticker	Volume	Price	Price Delta
DJIA	15,354.40	+121.18	0.80%
S&P 500	1,667.47	+17.00	1.03%
Nasdaq	3,498.97	+33.72	0.97%

Ticker

Volume

Price

Price Delta

DJIA

15,354.40

+121.18

0.80%

S&P 500

1,667.47

+17.00

1.03%

Nasdaq

3,498.97

+33.72

0.97%

Ticker	Volume	Price	Price Delta
STOXX 50	2,817.99	+11.29	0.40%
FTSE 100	6,723.06	+35.26	0.53%
DAX	8,398.00	+28.13	0.34%

Ticker

Volume

Price

Price Delta

STOXX 50

2,817.99

+11.29

0.40%

FTSE 100

6,723.06

+35.26

0.53%

DAX

8,398.00

+28.13

0.34%

Ticker	Volume	Price	Price Delta
Nikkei	15,319.30	+181.17	1.20%
Hang Seng	23,437.10	+354.39	1.54%
S&P/ASX 200	5,243.60	+62.83	1.21%

Ticker

Volume

Price

Price Delta

Nikkei

15,319.30

+181.17

1.20%

Hang Seng

23,437.10

+354.39

1.54%

S&P/ASX 200

5,243.60

+62.83

1.21%

Siemens, Morgan Stanley-Backed Tidal Projects Receive U.K. Funds

By Louise Downing - 2013-02-27T15:15:31Z

The U.K awarded 20 million pounds ($30 million) to tidal power projects backed by Siemens AG (SIE) and Morgan Stanley (MS) as it seeks to boost renewable generation.

The Department of Energy and Climate Change gave 10 million pounds to a project in Anglesey, Wales, that will use systems developed by Marine Current Turbines Ltd., which was bought by Siemens last year, Energy and Climate Change Minister Greg Barker told a conference today in London. It also awarded funds to MeyGen Ltd., owned 45 percent by Morgan Stanley, to install turbines off the Inner Sound in Scotland.

The projects, expected to operate by 2016, offer “learning and evidence” needed to move marine power to commercialization, Barker said. No commercial-scale projects are now operating.

To contact the reporter responsible for this story: Sally Bakewell in London at Sbakewell1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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