Renewable energy represents today about 1.2 million jobs in the EU and plays a crucial role to secure energy supply as well as to strengthen the EU’s political and economic position in the international scenario. Ocean energy holds enormous potential in this context. According to the European Commission, it is estimated that “0.1% of the energy in ocean waves could be capable of supplying the entire world's energy requirements five times over”.
Following the EU's Renewable Energy Directive and the 2030 Energy Strategy that sets a target of, at least, a 27% share of renewable energy consumption, DG Research and Innovation has commissioned Ecorys and Fraunhofer IWES a study on the development possibilities of ocean energy.
The project will last until 2017 and will focus on the tidal and wave energy in five countries (United Kingdom, France, Spain, Portugal, Ireland). The study will conduct an extensive ‘boots on the ground’ survey, covering:
1) lessons from ocean energy development;
2) barriers for sharing knowledge and sectorial cooperation;
3) good practices in both ocean energy development and other relevant sectors.
The results will contribute to the efforts of the European Commission in this sector, serving as a basis to start shaping the future pathway of ocean energy development in the EU.
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