ProQuestDocuments 2024 10 14
ProQuestDocuments 2024 10 14
ABSTRACT (ABSTRACT)
Companies Mentioned: - Wave Power - Pelamis Wave Power - Wave Dragon - Wavegen - Oceanlinx - OpenHydro -
Lanstrom Turbines - Lunar Energy - River Hydrokinetic Technologies - Verdant Power - Ocean Renewable Power
Company - Ocean Current - Aquantis, LLC - Ocean Thermal - Xenesys, Inc.
Who needs this report? - Hydrokinetic and ocean energy technology companies and equipment manufacturers -
Renewable energy project developers - Private sector investors looking for the next big renewable energy
opportunity - Advocates of the "green economy", looking to create jobs through renewable energy development -
Policymakers looking to expand renewable energy supplies to meet climate change and economic development
goals - Component manufacturers and other supply chain firms and organizations looking to expand markets for
their products and services - Universities, NGOs, and research organizations with expertise transferable to the
emerging marine renewable industry - Utilities and large industries looking to develop carbon-free energy supply
strategies or integrate local indigenous resources into their supply portfolios
FULL TEXT
M2 PRESSWIRE-June 22, 2009-Research and Markets: Hydrokinetic and Ocean Energy Report: Review of the Five
Main Technologies - Ocean Wave, Tidal Stream, River Hydrokinetic, Ocean Current and Ocean Thermal Resources
(C)1994-2009 M2 COMMUNICATIONS
The earth is the water planet, so it should come as no great surprise that hydroelectricity has been the world's most
popular renewable energy source. Yet the largest water power source of all - the ocean that covers three-quarters of
the planet - has yet to be tapped in any major way for power generation.
This report reviews five main types of marine and hydrokinetic technologies: ocean wave, tidal stream, river
hydrokinetic, ocean current and ocean thermal resources. On the verge of widespread commercialization, with the
U.K., U.S., and Canada in the lead, this suite of marine renewable resources is poised for major growth over the
next five years, and could collectively capture as much as 10 or even 15 percent of the global electricity market by
2030. Readers will learn about the market leaders in each marine renewable segment, and the make-or-break
issues facing more than 100 companies seeking to gain competitive advantage in the world's hottest new renewable
In addition to analyzing the suitable applications and viability of each of the five technologies, the report examines
market conditions for ocean and river hydrokinetic energy around the world, including key drivers of industry
development as well as regulatory issues and government incentives and subsidies. Implementation issues and
challenges are also analyzed, including technology standardization issues, site permitting, grid interconnection, and
power transmission and distribution issues. Detailed market forecasts for each of the five technologies are provided
for each major region of the world, and key industry players are profiled including an assessment of their relative
strengths and weaknesses within the market.
Key questions addressed: - Why haven't these abundant renewable resources been commercially developed? -
How do each of the five technologies profiled compare to each other - as well as current market favorites, such as
solar and wind power? - What are the key advantages of each of these technologies - and their shortcomings? -
Which companies in each of the five segments are poised to be market leaders? - Which countries are the current
best markets for which technologies - and why?
Who needs this report? - Hydrokinetic and ocean energy technology companies and equipment manufacturers -
Renewable energy project developers - Private sector investors looking for the next big renewable energy
opportunity - Advocates of the "green economy", looking to create jobs through renewable energy development -
Policymakers looking to expand renewable energy supplies to meet climate change and economic development
goals - Component manufacturers and other supply chain firms and organizations looking to expand markets for
their products and services - Universities, NGOs, and research organizations with expertise transferable to the
emerging marine renewable industry - Utilities and large industries looking to develop carbon-free energy supply
strategies or integrate local indigenous resources into their supply portfolios
1. Executive Summary
2. Market Issues
3. Technology Issues
5. Market Forecasts
6. Company Directory
8. Table of Contents
9. Table of Figures
e-mail: [email protected]
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named
party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide
web. Inquiries to [email protected])).
DETAILS
Subject: Energy industry; Wave power; Ocean currents; Alternative energy sources; Creeks
&streams; Electricity distribution; Renewable resources
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