Research and Markets: The Need to Transfer Technology and Know-How from the Existing Offshore Industry to the New Marine Renewable Energy Industry Has Been Established

Research and Markets (http://www.researchandmarkets.com/reports/c16806) has announced the addition of The Ocean Energy Report Tidal, Wave, Ocean Thermal, Marine Current Ed 2 2005 to their offering

Dublin (PRWEB) May 5, 2005 -- Research and Markets (http://www.researchandmarkets.com/reports/c16806) has announced the addition of The Ocean Energy Report Tidal, Wave, Ocean Thermal, Marine Current Ed 2 2005 to their offering

Ocean energy is mostly in an experimental stage but some of its component technologies have the potential to become mainstream energy sources and are now being trialled. Many ideas have been generated and a lot of experimental projects are being funded both by governments and commercially. Energy can be harvested from the oceans in four ways:

- Tidal energy

- Wave energy

- Ocean thermal energy conversion (OTEC)

- Marine current energy

The report outlines these technologies, with their state of development as technologies and industries.

The status of each industry is described in each country where it has a base or is under trial.

A key fact now emerging is the need to transfer technology and know-how from the existing offshore industry to the new marine renewable energy industry. The offshore oil and gas industry has already contributed substantially to the development of offshore wind power technology. It is also becoming clear to many companies in the offshore oil & gas industry that with resource depletion, their future lies in a capability to diversify their skills and services into future renewable energy sources. This coincidence of needs is becoming a key driver to the development of marine renewables.

Contents include:

- Executive Summary

- Ocean Energy Overview

- Tidal energy

- Wave energy

- Ocean thermal energy

- Marine current energy

- Benefits of different forms of energy

- Manufacturing base

The Mighty Whale, Pendulor, Pelamis, Tapchan, Wave Dragon, Stingray, Osprey, Limpet

- Whatever ocean energy achieves, and it will be great, it is producing the most evocative project and technology names in the energy business.

- The last two years have been eventful for ocean energy development, with several commercial "firsts" and encouraging demonstration projects.

- The United Kingdom is emerging as a global leader in developing the technology, with government backing. The UK has the ocean energy resources, a long relationship with the sea and outstanding inventive talent.

- In August 2004 the first Pelamis went to sea trials in the Orkneys, sea swept islands to the north of Scotland, and has been connected to the national grid for testing.

- First tested in 2000, in 2004 Wavegen, an OWC (oscillating water column), is being tested to provide power to the Faroe Islands.

- In 2003 Wave Dragon, a floating Tapchan, demonstrated its survivability off Norway.

For more information visit http://www.researchandmarkets.com/reports/c16806

Laura Wood

Senior Manager

Research and Markets

press@researchandmarkets.com

Fax: +353 1 4100 980

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