Ocean Renewable Energy News

Canada is one of 20 markets to be featured at the Discover Global Markets: The Blue Economy export forum September 20-22, 2022The growing demand for marine technologies is generating new export possibilities for U.S. companies. To help American businesses pursue these opportunities, the Department of Commerce’s International Trade Administration (ITA) is hosting Discover Global Markets: The Blue Economy, in Providence, Rhode Island, Sept. 20-22, 2022. Based at the U.S. Embassy in Ottawa, Canada Senior Commercial Specialist Tracey Ford is leading a delegation with a Canadian buyer to the event.

CorPower, a Swedish developer of wave energy converters, is establishing an R&D, Manufacturing & Service Centre for wave energy converters in Viana do Castelo, Portugal.The location has been chosen to support CorPower’s demonstration project HiWave-5, and for the long-term development of supply and service capacity for commercial wave energy farms. "Several factors have contributed to choosing Viana do Castelo for this investment. A strong competence pool of engineers from adjacent sectors such as offshore wind…

Now that the United States finally can envision steady winds blowing from the Atlantic Seaboard due to a pipeline of offshore wind farms on the horizon, the maritime industry can finally step up and earn some of the benefits. This includes shipbuilding, port construction, and worker training. This article reviews the key developments and forecasts the growth in maritime jobs.The federal and state governments share responsibility for developing offshore wind farms and bringing the wind into the power grid and…

IMO’s 2050 deadline to reduce GHG emissions 50% from 2008 levels has set off a gold rush to develop Zero Emissions SolutionsClimate change is the biggest issue facing [all aspects of] the maritime industry, said Kitak Lim, IMO secretary general, in an interview earlier this year with Maritime Reporter & Engineering News. He predicted that shipping could experience as much change in the next 10 to 20 years as it has in the last 100 years, as the industry races to meet a number of challenges…

Tim Cornelius, CEO of global tidal developer Atlantis Resources has taken a seat on the Board of Directors of Ocean Energy Europe – the industry group for ocean renewable energy – by becoming a Lead Sponsor of the organisation. The move reflects Atlantis’ position as a leading developer of commercial tidal power projects and underpins its commitment to driving the market for ocean renewable energy. Following its acquisition of pioneering tidal company Marine Current Turbines earlier this year, Atlantis Resources now owns one of the largest and most diverse portfolios in the business, with a project pipeline of 600MW. This portfolio includes the 398MW MeyGen project, the world’s largest planned tidal stream array which is currently under construction in the Pentland Firth, Scotland.

Even though the struggle for independence from Britain finally resulted in Ireland being declared “a sovereign, independent, democratic state” in 1937 there was little interest being shown in the maritime affairs of the country. This, despite Ireland being seen as having opportunities to derive added value from its vast marine resources. Up until a few years ago, sporadic endeavors failed to achieve optimum economic benefits. Ireland’s ambition to create a maritime cluster gathered momentum only during the last few years. It began with the introduction of the tonnage tax regime in 2003. This made Ireland an attractive destination for shipping. The immediate effect was that it reversed the trend of Irish shipping companies flagging out to foreign registries.

Oregon Wave Energy Trust (OWET) has announced the program for the eighth annual Ocean Renewable Energy Conference presented by the Northwest National Marine Renewable Energy Center (NNMREC). “Community and Industry: Collaboration, Innovation and Opportunity” is the theme of the event that takes place September 25-26, 2013 at the Liberty Theater in Astoria, Oregon. Over the past two years, Oregon has been engaged in a one-of-a-kind effort to plan for the development of ocean wave energy in our territorial seas. OWET has been proud to represent the wave energy industry and ensure that the territorial sea plan provides a flexible and reasonable plan for accommodating ocean energy.

Oregon Wave Energy Trust seeks submissions for Its 2012 Ocean Energy Fast Pitch competition. In conjunction with the seventh annual Ocean Renewable Energy Conference in Portland, Oregon, Oregon Wave Energy Trust (OWET), a non-profit organization working to promote the responsible development of ocean energy in Oregon, today announced it has begun seeking submissions for the 2012 Ocean Energy Fast Pitch Competition. For the first time, early stage technology developers will have the ability to “pitch” their technologies to a panel of judges in hopes of winning up to $10,000 worth of cash and in-kind support and services from OWET and ocean energy industry partners. One of the largest barriers to innovation in this field is financing.

Sener Ingeniería y Sistemas, S.A. is one of the companies participating in the CENIT-E OCEAN LIDER Project, led by Iberdrola. The Project is a technological initiative promoted by a consortium of companies with strong research capacity facing the challenge of generating knowledge for the efficient exploitation of the oceanic renewable resources. SENER is going to investigate in two of the five Activities within the Project. Activity II aims to research technologies and energy production systems from renewable oceanic sources, such as waves and currents. But the most ambitious project is the energy obtained from the wind, waves, currents and tides simultaneously.

Innovative renewables company, Sustainable Marine Technologies (SMT), is restructuring its operations to take on today’s greatest challenge to ocean renewable energy – the high costs of device deployment and maintenance access. The dynamic marine integration engineering company, which only last year was nominated for Best Newcomer in the international Tidal Awards, will now become a technology developer. It has set itself the specific goal of developing a new generation of deployment and access solutions to create a major step change in reducing costs…

Senior representatives from a wide range of industries that use ocean space and resources will come together to discuss sustainability issues that face the ocean business community in a summit in June. The Sustainable Ocean Summit is an international cross sectoral business conference on ocean stewardship. The conference, organized by the World Ocean Council in association with Golder Associates is being held in Belfast, Northern Ireland on the 15 -17 June 2010 and will bring together representatives from varying marine industries including oil and gas, shipping, fisheries, aquaculture, ports, renewable energy and marine technology.

The focused panel sessions at the Society of Naval Architects and Engineers (SNAME) Annual Meeting and Expo (October 21-23 at the Rhode Island Convention Center in Providence, Rhode Island) will feature four timely topics: Electric Ships; Renewable Energy from the Oceans; Unmanned and Autonomous Ships of the Future; and Ship Efficiency in the Greenhouse Gas Era. Each two-hour panel session will be chaired and moderated by experienced SNAME members. Each session will have three leading experts who will make thirty minute presentations on their area of expertise, followed by a moderated thirty minute discussion period which will include questions and answers from the audience.