Page 15: of Marine Technology Magazine (January 2020)

work allows us to chart and monitor the related to research, monitoring, and ects. evolution of ocean energy costs and as- evaluation of the environmental effects The ocean energy sector is at a cru- sess the impact of different drivers. of ocean energy helping advance the cial point where it must make best use

It is widely recognized that a rigorous industry. This task is supported by the of public funds, to deliver the right re- technical review approach is required publicly accessible online knowledge search, development and demonstration across the ocean energy sector, making management system Tethys, developed activity to build the con? dence of the use of improved evaluation methods and by Paci? c Northwest National Labora- private investment community.

metrics. OES has been working closely tory. Greater attention is however still A great bene? t of the OES network is with US Department of Energy, Wave required to assess potential job creation that it enables nations to pool talent and

Energy Scotland and the European stimulated by the sector and to update resources to address global ocean ener-

Commission to achieve an internation- projections for 2030 and 2050. gy challenges that no country can tackle ally accepted approach of performance In recent years commercial interest in alone. As an organization OES is ? rmly metrics for ocean energy development. ocean energy has grown signi? cantly at focused on uniting forces to advance re-

This will be of high value to technology a global level. However, there are con- search, development and demonstration developers, investors and funders. siderable investment costs and bottle- of conversion technologies. Our under-

Meanwhile, the OES ‘Environmen- necks that need to be overcome. Glob- lying mission is to make ocean power a tal Task’ is playing an important role ally, we are still waiting for clear market cost-effective, reliable and low-carbon continuing to collect, synthesize, and signals for ocean energy projects, which source of energy generation for the disseminate information. This provides are vital for the industry to progress whole world.

access to knowledge and information from demonstration to commercial proj-

Oceanology International 17 - 19 March 2020, London

Stand C700

Pressure Compensated and Energy Efficient maxon thruster

Max. depth limit of up to 6,000 meters | High energy efficient of minimum 80 percent

Long service life of up to 1,000 operation hours | Compact Design aquaticsolutions.maxongroup.com

Precision Drive Systems www.marinetechnologynews.com

Marine Technology Reporter 15

MTR #1 (1-17).indd 15 1/16/2020 4:39:06 PM