BUT WHY THE OCEAN?
We can say the Ocean holds the key for renewable energy!
- it covers 70% of the planet
- it's the largest solar panel on earth
- it's also the largest battery (heat & kinetic energy - eg. the gulf stream alone could power 75% of Florida, USA)
- zero additional land use
- international waters
QUICK FACTS
- Oceans remain the largest untapped source of renewable energy on earth - natural oceanic flows are among the most powerful and constant dynamics on earth.
- The entire world is moving towards cleaner & renewable energy generation, with the goal of lowering carbon footprint.
- The ocean's power is clean, renewable and diverse: tides, waves, currents, winds and the sun.
- The ocean has 2 extremely important assets in abundance: water and space.
- Despite that, ocean energy currently accounts for a fraction of global electricity generation.
- Marine technologies for energy generation are still in early development, an opportunity for new projects.
- Yet, challenges are big on harnessing ocean power, operating in harsh and complex marine environments and withstanding the stress and corrosion of the sea.