  
                          Marine energy: Europe is leading 
                            the way
                          Jan 23, 2008 - Engineer Live 
                          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 wave energy contribution 
                            to the electricity market is estimated to be of the 
                            order of 2,000 TWh/year, about 10 per cent of the 
                            world electricity consumption. The marine energy sector 
                            is set to grow faster.  
                          However, as it happened for the wind energy, government 
                            support, financial investment and technological advancement 
                            are needed to see the marine energy sector reach commercialisation. 
                           “Wave energy technology” explains Frost & Sullivan 
                            Research Analyst Gouri Nambudripad, “is being developed 
                            in a number of countries such as Canada, China, Chile, 
                            India, Japan, Russia and the US. However, Europe is 
                            leading the way in innovative technologies, pilot 
                            projects as well as pushing the existing technologies 
                            towards commercialisation including countries such 
                            as UK, Ireland, Portugal, Norway and Spain. In tidal 
                            energy, Canada, Argentina, Western Australia and Korea 
                            possess the resources, but here again Europe is a 
                            frontrunner, with the UK and France seemingly promising.” 
                            “The UK – having some of the best wave resource in 
                            the world - is targeting 40 per cent of its energy 
                            from renewables by 2050 of which 20 per cent is to 
                            be sourced from wave and tidal energy,” continues 
                            Gouri Nambudripad.  
                          “The UK is estimated to possess the capacity to generate 
                            approximately 87TWh of wave power annually equivalent 
                            to 20-25 per cent of current UK demand. Moreover, 
                            the UK has committed GBP 25m since 1999 towards the 
                            wave and tidal programme.”  
                          Wave energy devices can be divided into three main 
                            categories: shore-line, near-shore and offshore devices. 
                            Shore-line devices are devices on the shore. Near-shore 
                            devices are ones that are within 12-25 miles off the 
                            shore. Finally, offshore devices are those placed 
                            in waters of more than 50 metres in depth and/or more 
                            than 25 miles from the shore.  
                          “About 1000 patents for wave energy converters are 
                            currently in the market and broadly fall under the 
                            above-mentioned categories. With so many technologies 
                            around there is no clear consensus on which technology 
                            will prevail over the others or which ones will be 
                            successful,” concludes Frost & Sullivan Analyst Nambudripad. 
                           
                          There are two main research centres in Europe focusing 
                            on the development and commercialisation of ocean 
                            energy technologies. The first is the European Marine 
                            Energy Centre located in Orkney, Scotland. It provides 
                            developers with sites to test their prototypes. Government 
                            and other public sector organisations have invested 
                            around GBP 15 million in the creation of the centre 
                            and its two marine laboratories. The other is the 
                            Wave Energy Centre in Portugal. It provides strategic 
                            and technical support to companies, R&D institutions 
                            and public organizations. It also looks for international 
                            cooperation helping foreign companies test their devices 
                            in Portuguese waters.  
                          The marine energy industry has a long way to go, 
                            but ongoing research and government support should 
                            lead to improvements making these technologies more 
                            economically attractive in the future. Combined with 
                            intensifying company activity in this field, Europe 
                            is poised to be the place to watch in the marine energy 
                            arena of the future. 
                           
                          
                              
                             
                          
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