US provides $27m funding to make waves using ocean energy

The projects aim to advance wave energy technologies towards commercial viability

Wave energy
New £7.5m wave of funding to develop marine energy technologies

The projects aim to overcome challenges of devices that capture the energy generated by waves and convert it into a renewable source of electricity

Aberdeen University launches ‘UK’s first’ masters in energy transition

The course aims to educate engineers in sustainable energy systems

Ocean wave
IRENA and Ocean Energy Europe team up to accelerate tech commercialisation

They intend to promote the right policy incentives and innovative business models in Europe and globally to help boost ocean energy technologies

EU Commission updates offshore wind strategy to target 60GW by 2030

That is a five-fold increase by 2030 and 25-fold increase by 2050, from the current offshore wind capacity target of 12GW

Plans unveiled for ‘world’s first’ ocean-powered data centre in Scotland

SIMEC Atlantis Energy says the electricity would be supplied via a private wire network from tidal turbines at the existing MeyGen project site

India declares ocean power as renewable energy

Projects including tidal and wave will now be eligible for the non-solar Renewable Purchase Obligation scheme

Scots and Irish collaborate on ocean energy

Ireland, Northern Ireland and Scotland have joined forces to advance the development of ocean energy. Led by three state bodies – the Sustainable Energy Authority of Ireland (SEAI), Invest Northern Ireland and Scottish Enterprise – the new Ocean Power Innovation Network (OPIN) also aims to drive technology innovation. They will focus on collaborative initiatives, knowledge […]

Global wave and tidal market ‘to reach $11bn by 2024’

The global wave and tidal energy market is forecast to be worth $11.3 billion (£8bn) by 2024. That’s an increase from $497 million (£497m) in 2014, according to new research. It states wave and tidal power, two major forms of harnessing ocean energy, are likely to experience “significant” market growth in terms of installed capacity […]

Local leaders urge EU to help harness ocean energy

The Committee of the Regions (CoR) is calling for public and private support for ocean energy to boost economic growth and secure jobs in the EU. According to the CoR, ocean energy could be a game-changer in the decarbonisation of the economy. It added ocean energy could meet 10% of Europe’s electricity demand by 2050. […]