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Author Topic: Wave Power  (Read 1197 times)

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AGelbert

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Re: Wave Power
« on: June 28, 2017, 02:04:20 pm »

Wave Power Could Contribute 10% Of Global Electricity Demand By 2050

June 28th, 2017 by Joshua S Hill

SNIPPET:

More specifically, Marine Power Systems believes that global wave resources could be worth an estimated 4,000 TWh annually — or, to look at it another way, total wave resources across the globe amount to around 80,000 TWh per year, but 4,000 TWh is economically exploitable. The world’s leading industry body, Ocean Energy Europe, has predicted that a total of 337 GW worth of marine power could be sourced by 2050, with a market value around £76 billion ($97 billion).

Obviously, these are long-term goals, but what is more immediate and immediately-possible is the role of wave power in Europe. The report highlights the fact that 45% of wave energy companies are currently based in the European Union (including the UK), and with the right financial and policy support over the coming decades, Europe could exploit an annual market in the range of €53 billion ($60 billion).

Full article:
https://cleantechnica.com/2017/06/28/wave-power-contribute-10-global-electricity-demand-2050

« Last Edit: October 10, 2021, 06:21:27 pm by AGelbert »
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