The tides in Penzhin Bay are 9 metres (30 ft) high, and reach 12.9 metres (42 ft) in the case of spring tides, which is the highest magnitude for the Pacific Ocean.^{[citation needed]} As the area of the bay basin is 20,530 km² (7,930 mi²), it corresponds to diurnal discharge of 360–530 km³ (86–130 cu mi). This water rate is 20–30 times higher than that of the world's biggest river, the Amazon River. Two projects were developed for tidal power stations. The first would use the entire basin of the bay. The second proposes a smaller-scale plant, using the northern part of the basin with higher tides:^[2]

Due to the lack of existing local energy consumers or long-distance power distribution infrastructure, there are suggestions for the station to provide power-consuming production. One such consumer, for example, would be the production of liquid hydrogen.^{[citation needed]}

The tides in the Penzhin Bay of the Sea of Okhotsk are the highest for the Pacific Ocean, reaching a height of 13.4 metres (44 ft).^[3] The tides in Shelikhov Bay are of the diurnal type. The area of Penzhin Bay basin is 20,530 km².^[2][4] Given that the average magnitude of tide is equal to 10 metres (33 ft), this gives the diurnal flow of water in the bay as 410.6 cubic kilometres (98.5 cu mi) or average discharge 4.75×10⁶ m³•s⁻¹.

The passing stream has its own potential energy, which in the gravity field of Earth is above zero only in the case of non-zero head of water (${\displaystyle H_{Head}}$ ) and can be expressed as follows:

${\displaystyle E=[\rho _{sw}\cdot S_{Basin}\cdot (H_{Tide}-H_{Head})]\cdot g\cdot H_{Head}}$ , (1)

where ${\displaystyle E}$  denotes potential energy; ${\displaystyle \rho _{sw}}$  — density of sea water, equal to 1,027 kg/m³; ${\displaystyle S_{Basin}}$  — area of basin; ${\displaystyle H_{Tide}}$  — height of the tide and ${\displaystyle g}$  — gravitational acceleration, set to 9.81 m/s². The part of the expression in brackets denotes terms defining the mass of water passing through the basin daily.

As can be seen in formula (1), the potential energy becomes zero in the case of zero head of water and in the case of equal heights of head and tide. If considering this formula as a function of head level (${\displaystyle H_{Head}}$ ), it has a form of parabolic dependence, with its maximum at ${\displaystyle H_{Tide}}$  = 2•${\displaystyle H_{Head}}$  or at ${\displaystyle H_{Head}=5}$  m. This value of ${\displaystyle H_{Head}}$  gives two times lower height of tide in the bay and twice smaller average discharge of water — 5 m and 2.38×10⁶ m³•s⁻¹ (205.3 km³/day), correspondingly.

The substitution of obtained parameters into (1) and dividing it by the day length in seconds gives the average capacity 120 GW. The latter one yields 1,054 TW•h or 3.79×10¹⁸ Joules of energy annually. Depending on the efficiency of conversion of potential energy into electricity, the total quantity of electricity and electric capacity will have somewhat lower values. If one assumes an efficiency of conversion of 96%, this gives an average electric capacity of 115 GW and an available amount of electricity of 1,012 TW•h or 3.64×10¹⁸ J per year.

• Tidal power