Marine Energy Gains Interest in Europe and Globally

As explained by the Ocean Energy Systems initiative (part of theInternational Energy Agency), marine energy (also called ocean energy or blue energy) comprises wave energy, tidal and current energy, as well as the potential to extract energy from thermal zones in the world’s oceans. The major source of energy is the movement of water. This tremendous source of renewable and completely clean kinetic energy is also close to many of the largest cities and urban concentrations.

In January 2014, the European Commission, DG Maritime Affairs, adopted a new Action Plan for Blue Energy for 2020 and beyond. The plan stipulates that for ocean energy to deliver on its potential, the time is ripe to bring Member States, the industry and the Commission together to work in a collaborative manner to accelerate its development.

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