wave energy potential News
-
Energy Department Announces up to $12 Million for Projects to Advance Wave Energy
The Energy Department announced up to $12 million in new projects to support the development of innovative technologies capable of generating reliable and cost-effective electricity from U.S. water resources. The four projects will advance marine and hydrokinetic (MHK) energy technologies, which can harness energy from the nation's oceans and rivers. Two projects will test and validate wave ...
-
Funding Supports Research into Wave Energy
The Province is providing $150,000 from the Innovative Clean Energy (ICE) Fund to the West Coast Wave Initiative (WCWI) at the University of Victoria to support research into the potential of ocean waves to generate clean, renewable and affordable electricity. “Our B.C. coast is not only one of the province’s most beautiful resources, its waves could also be a source of clean energy, ...
-
Historic Wave Energy Legislation Initiative Takes a Significant Step Forward in California
Eco Wave Power Global AB applauds the introduction of California Senate Bill 605 – Wave and Tidal Energy – by California State Senator Steve Padilla of Chula Vista. The bill aims to promote and facilitate the development and growth of wave energy in the state, which will help California reach its ambitious clean energy goals. The bill, introduced by State Senator Padilla on February 15, calls for ...
-
Ocean Power Technologies and Lockheed Martin to Develop Wave-Energy Project in Australia
Ocean Power Technologies, Inc. (Nasdaq: OPTT), a leading wave energy technology company, and Lockheed Martin (NYSE: LMT) have entered into a teaming agreement with the goal of developing a 19 megawatt wave-energy project in Victoria, Australia. This is one of the largest wave-energy projects announced to date, and leverages a grant from the Commonwealth of Australia. For the project, Lockheed ...
-
Marine Power (Wave and Tidal) - Installed Capacity, Levelized Cost of Energy (LCOE), Profiles of Technology Developers and Key Country Analysis to 2030
Reportlinker.com announces that a new market research report is available in its catalogue: Marine Power (Wave and Tidal) - Installed Capacity, Levelized Cost of Energy (LCOE), Profiles of Technology Developers and Key Country Analysis to 2030 ...
By ReportLinker
-
Power Up while Cooling Down
Off-Shore Data Centers, Desalination Plants, Naval Mission Power Platforms, Off-Shore Fish Farms, Carbon Capture and Grid Quality Electricity – With Reliable, Robust OE Technology That Generates Sustainable Power from Waves. Irish marine innovation combined with U.S. engineering prowess is taking shape in an Oregon shipyard, where shipbuilder, Vigor, is constructing a marine hydrokinetic ...
By Ocean Energy
-
Ocean Power Technologies Signs Historic Stakeholder Agreement for Oregon Wave Energy Project
PENNINGTON, N.J. - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) (“OPT” or the “Company”) announces that it has signed a groundbreaking Settlement Agreement ("SA") with 11 federal and state agencies and three non-governmental stakeholders for its utility-scale wave power project at Reedsport, Oregon. This agreement represents a major ...
-
Best marine energy sites could be cost competitive with nuclear and onshore wind by 2025 with accelerated and targeted innovation
Major three-year Carbon Trust marine energy R&D programme sets course for future growth New in-depth analysis published today by the Carbon Trust shows the UK’s best marine energy sites could generate electricity at costs comparable with nuclear and onshore wind1. With continued and targeted innovation this could be as soon as 2025, once cost reductions from deploying the first ...
By Carbon Trust
-
The Basque country welcomes the Wello Penguin wave energy converter to its shores
In the coming months Finnish based company Wello Oy will be bringing its wave energy converter (WEC) to the Basque country deploying at BiMEP’s site in Armintza. Thanks to the quick and diligent effort by the members at EVE and BiMEP, in cooperation with Wello they have secured funding for the installation, deployment and operation of the Penguin WEC to their site. In 2012 Wello Oy ...
By Wello Oy
-
DOE Program Awards NREL $3.2 Million for Selected Energy Research
The National Renewable Energy Laboratory (NREL) received more than $3.2 million from the Technology Commercialization Fund within the U.S. Department of Energy to fund a dozen technology maturation projects.The announcement from the Department of Energy (DOE) this week noted another 65 projects at 11 other national laboratories will receive about $21 million in funds. The Technology ...
-
C-Power Wins DOE Funding for H3 StingRAY Design
Announcement: C·Power Wins DOE Funding for H3 StingRAY Design. The Department of Energy (DOE) has awarded DOE funding for design of the H3 StingRAY! Congrats to the project PI Pukha Lenee-Bluhm! Congrats to rest of the team as well! #waveenergy #doe #marinehydrokinetic “WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) announced selections for up to $24.9 million ...
-
Europe leading the way in marine energy - study
The sea could supply 20% of UK energy demand and about 10% of world consumption Wave energy sources are not only available in plenty, but are also consistent, predictable and have the highest energy density among all renewable energy sources. The best resource is found between 40-60 degrees of latitude where the available resource is 30 to 70 kW/m, with peaks of 100 kW/m. The potential worldwide ...
-
ScottishPower Renewables Welcomes Hammerfest Strøm`s Commitment to the Scottish Reneweble Energy Sector
ScottishPower Renewables’ Managing Director Keith Anderson joined First Minister Alex Salmond in Oslo today (Tuesday 17th August) as the Norwegian tidal-power developer Hammerfest Strøm announced major contracts worth £4m to construct the first of their advanced HS1000 tidal turbines in Scotland. Fife-based Burntisland Fabrication Limited (BiFab) has been awarded the largest ...
-
Oscilla Power to Deploy Triton-C Wave Energy System in Hawaii
Oscilla Power today put its revolutionary new wave energy system, the Triton-C, on a barge to Kaneohe, Hawaii, where it will be deployed offshore of the Marine Corps base and will generate clean, renewable power from the waves of the Pacific Ocean. This is the first commercial-scale demonstration of the Triton technology, which has been under development for more than a decade, supported by the ...
-
UK risks lagging behind Germany in race for green growth
A Carbon Trust investigation reveals that three times as many top UK decision makers believe Germany is better prepared than Britain to take advantage of the £3.2 trillion global environmental market. The research coincides with the launch of a new Carbon Trust ‘Green Growth’ campaign backed by business leaders including; Ian Cheshire of Kingfisher; Lord Sharman of Aviva; Mark ...
By Carbon Trust
Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you