IEA – OES predicts ocean energy boom

Ocean Energy Systems is predicting strong advances in ocean energy in 2020, driven by public and private sector funding.

OES chairman Henry Jeffrey from the University of Edinburgh said the network is currently working on a series of projects with partners across the 25 member countries:

“In the last 12 months we have seen major progress with global tidal projects achieving extensive operating hours and wave technology progressing in large-scale laboratory and offshore test sites,” he said. “A growing range of devices is now being tested in open water with an acceleration of cross-border R&D projects supported by the European Commission.

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“OES has also been working closely with the US Department of Energy, Wave Energy Scotland and the European Commission to achieve an internationally accepted approach of performance metrics for ocean energy development. This will be of high value to technology developers, investors and funders. We expect to see many more advances that are positive in 2020 with large investments being made by governments around the world.”

 

 

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