Ocean Energy Europe released its latest report yesterday – ‘2030 Ocean Energy Vision’ – charting the path for ocean energy’s roll-out over the coming decade.
This industry analysis considers the evolution of European wave and tidal technology to 2030. It projects deployments in high and low growth scenarios. The analysis also examines how energy costs will reduce and supply chains grow, as more ocean energy is deployed.
CorPower, who has been contributing to the analysis, has identified 877MW of potential market opportunities for its technology by 2030.
More than 90% of the world’s ocean energy could be installed in Europe over the next decade, reflecting the strong global position that Europe holds in ocean energy.
The OEE report calls for a supportive policy framework in order to deliver its ‘2030 Ocean Energy Vision’ including: