I know nothing about it, but there were times when the wind was blowing strongly in Scotland producing power in excess of local demand, the Grid wasn't man enough to distribute it all southwards, and the wind farmers got paid not to generate, costing millions.
Presumably every tidal scheme would have to be connected to whatever distribution system that's appropriate with cabling sufficient to carry the maximum power produced, which seems more than a bit wasteful when for about 40% of the time it carries nothing. And I assume connecting into the grid isn't as simple as running a spur off a domestic ring main.