The Power of our Oceans
Though oceans theoretically can provide four times the world’s total energy needs, there are four key obstacles to turning this hope into reality:
- High development costs
- Limitations of current technology
- Potential environmental impacts
- Sociopolitical implications
Because every obstacle ultimately creates a business opportunity, there are several promising aspects to marine energy:
- Europe’s push to get 20 percent of its energy from renewables by 2020
- Current products in the marine energy market, such as subsea turbines.
- Potential marine energy products, such as underwater maintenance vehicles.
Take a closer look at the potential future for wave and tidal energy in our free eBook, An Ocean of Power: Opportunities and Obstacles in Wave and Tidal Energy.
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