Powered by the ocean
Technologies
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Wave energy
With a staggering global resource, wave energy has the
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Tidal current
Tidal turbines harness the lateral flow of currents to
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SWAC
Several SWAC projects have been running for years, demonstrating
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OTEC
Ocean Thermal Energy Conversion (OTEC) can be a game
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Salinity gradient
Salinity gradient power generation is a renewable energy source
Publications
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Scaling up investments in ocean energy technologies
2023.03.29 Public financing of ocean energy must be designed to[…]
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Ocean Energy Key Trends and Statistics 2022
2023.03.1 The annual key trends and statistics publication from Ocean[…]
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Last Stop to 2025 - A 2022 Action…
2022.06.28 The twin geopolitical and energy crises have thrown into[…]
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Ocean Energy: Key trends and statistics 2021
2022.03.10 The annual key trends and statistics publication from Ocean[…]
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Ocean Energy: Key trends and statistics 2020
2021.02.25 The annual key trends and statistics publication from Ocean[…]
Why Ocean Energy?

The size of the prize – 10% of Europe's electricity
The size of the prize for commercialising ocean energy is huge. In Europe alone, the ocean energy industry plans to deploy 100GW of production capacity by 2050, meeting 10% of electricity demand. That’s enough to meet the daily electricity needs of 94 million households.
Deploying 100GW of ocean energy will also mean creating a new industrial sector based firmly in Europe, and 500,000 skilled jobs all along the supply chain.

From technology leadership to global market leadership
Today, European companies are the clear global leaders in ocean energy even though other countries are catching up quickly. Most demonstration projects outside Europe, in Canada and South East Asia use European technology.
This puts our EU companies in prime position to capture a global market estimated to be worth 53€bn annually in 2050.

Ocean energy today: Ready for industry take-off
Over the past decade, OEE members have invested over €1bn in RD&I activities. These investments have created the base of world leading knowledge and expertise needed to build an industry.
In 2016, the world’s first tidal power farms hit the water in the UK, Netherlands, and France. Pre-commercial wave energy, OTEC and salinity gradient farms will soon follow across Europe. Farms are also underway in Canada, Japan, Indonesia, Chile, all with EU technology. Industry take-off is underway.