UK-based company Global OTEC has held meetings with national and regional blue economy stakeholders in Suva, Fiji, to discuss the development of a potential ocean thermal energy conversion (OTEC) pilot project. Global OTEC conducted the initiative in Fiji backed by the United Nations Industrial Deve
New programs for the transformation of the offshore energy sector are here. Through these actions, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. Example number one: Korea’s Ministry of Trade, Industry and Energy (MOTIE), energ
The Effective Lifetime Extension in the Marine Environment for Tidal Energy (ELEMENT) project has created an intelligent control system within a tidal energy turbine that could potentially reduce costs by over 17.7%. The ELEMENT project of eleven partners, including tidal energy developers Nova Inno
The design engineers from the University of Edinburgh, together with Tocardo Turbines, have manufactured a new tidal turbine blade which could lead to the reduction of the levelized cost of tidal energy. The blade was manufactured in Scotland for the first time and more cheaply than before, with the
Tony Lewis, CTO of OceanEnergy, also known as the ‘father of ocean energy’, has been selected as the recipient of the 2023 Vi Maris Award for his contribution to advancing wave and tidal energy and technology. Vi Maris, meaning ‘power of the sea, is an industry award established by Ocean Energy Euro
U.S.-based marine energy technology developer ORPC has signed a contract with Shell Technology – Marine Renewable Program for the purchase of two next-generation Modular RivGen devices that will be deployed as a technology demonstration at a Shell facility on the Lower Mississippi River in 2024. The
Scotland-based renewable energy company Orbital Marine Power, together with its project partners, has been selected by the European Commission’s Horizon Europe Programme to deliver a multi-turbine tidal energy project EURO-TIDES. EURO-TIDES is the EUROpean Tidal energy pilot farm focused on Industri
CorPower Ocean has signed an agreement with steel company SSAB to explore the development of one of the world’s first wave energy power plants using fossil-free steel. Under the agreement, SSAB will deliver the fossil-free steel to CorPower Ocean to be used as a structural material to build a wave e
In an interview with Offshore Energy, the co-founder and managing director of Mocean Energy, one of the leading wave energy companies in the world, Cameron McNatt talked about the development of innovative wave energy technology and projects, while successfully navigating through all the challenges
Fifteen partners from Flanders and the Netherlands have come together to pool their expertise and test five promising energy solutions and enhance their applicability in the energy system as part of the Offshore for Sure project.
French tidal energy company Sabella has been placed in a receivership following several months of dealing with financial difficulties.
Wave Energy Scotland (WES) has awarded funding to five wave energy projects as part of its Direct Generation Concept Design Competition, which aims to develop new class of wave energy devices.
As the world turns its attention toward a new/old conflict arising in the Middle East, offshore energy players are seeking new ways to curb climate change and bring us closer to a mellifluous cleaner, greener future. The energy transition process is moving ahead with each passing day but there is no
The first minister of Wales Mark Drakeford has officially opened the substation linked to Morlais tidal energy site on Anglesey in Wales.
