Tag: ocean energy

The role of offshore renewables in the global energy transition

Energy systems around the world must transition to renewable and clean energy sources and experience significant changes, owing to a combination of technology advancements, the need for affordable energy sources, and the compelling need to combat climate change. In this regard, the world’s oceans are a source of abundant renewable energy, which can be tapped through offshore wind (with fixed and floating foundations, or airborne), floating solar photovoltaics and other emerging ocean energy technologies.

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Marine energy has potential to power 220 million US homes: DOE report

The U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) have issued a new report titled, Marine Energy in the United States: An Overview of Opportunities, that identifies the potential of marine energy resources (wave, tidal, ocean current, ocean thermal, and riverine marine). Using the national and state level data, the report finds the total marine energy technical resource in the 50 states to be 2,300 TWh per year or the equivalent to roughly 57 per cent of electricity generated in the US in 2019 – enough to power 220 million homes in the county.

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IRENA and Ocean Energy Europe partner up to promote ocean energy deployment

The International Renewable Energy Agency (IRENA) and Ocean Energy Europe (OEE) have signed a memorandum of understanding to facilitate cooperation and accelerate the commercialisation of ocean energy technologies. Further, the agreement aims to promote appropriate policy incentives and innovative business policies in Europe and the rest of the world.

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