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Global Ocean Energy Report

NEW YORK, Feb. 7, 2013 /PRNewswire/ -- announces that a new market research report is available in its catalogue:

Global Ocean Energy Report

This new report looks at the key market drivers for the global Ocean Energy market, developments and future projections. 2009 was a good year for the ocean energy sector with US $246 million invested in the industry, up from the 2008 figure. Key areas of development were wave energy, and tidal and marine current projects. For both sectors, more devices reached the prototype stage and were tested out at sea. Considerably more funding has been available for projects to take this leap. Portugal and the UK remain as the main countries for wave energy projects due to generous grants and subsidies, targets and in the case of Portugal, a feed-in tariff. Other countries making significant inroads in the sector last year include Australia, the US, New Zealand and other European countries, especially Ireland.


Executive Summary 11

Background .11

Technology development 12

Market Development .13

Tidal Energy 17

Wave Energy .18

Ocean Thermal Energy Conversion (OTEC) .20

Tidal or Marine Current Energy 20

Salinity Gradients 21

Manufacturing 22

2. Tidal Energy 23 Advantages .24 Disadvantages 24 Technical concepts for exploiting Tidal Energy - Tidal Barrages 25 Secondary water storage 26 Current Development of Tidal Barrage Schemes 26 Technical status and experience from operating systems .28 France - La Rance 240 MW Tidal Barrage 28 Canada – Annapolis 17.8 MW Tidal Barrage .29 China – 11 MW of small Tidal Barrages .29 Tidal barrage plant under construction 29 Korea .29 China Yalu River Tidal Barrage .29 Experimental and proposed tidal barrages .29 Scotland 29 United Kingdom – Severn Estuary, Mersey Estuary .30 Scottish schemes .32 Russian Federation - Kislogubsk 400 kW .32 Other tidal flow prospects .33 Australia – Derby 33 United States 33 Argentina 33 Canada .33 China .33 India 34 Korea (Republic) 34 Mexico 34 Economic considerations 34 Environmental aspects 35

3. Wave Energy 36

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