Offshore wind and solar energy have been getting all the attention in the quickly growing renewable energy industry, but there’s another player that is beginning to grow strength in the energy market – ocean waves and tidal currents, or “marine energy”. There are vast amounts of energy that are produced within the moving waters of oceans and rivers, and companies working to harness this energy are quickly gaining speed.
While not nearly as large as the main competitors in renewables, marine energy has strong advocates and is quickly gaining steam in the renewable market. About 30 tidal and 45 wave energy companies are at an advanced stage of technological development. One of the biggest issues these companies are facing that has impeded forward movement in the market is the harsh ocean environments – the same thing that makes the industry work in the first place.
The intensity of sea waves is greatly unpredictable and can cause damage throughout the process. Installation of the equipment is often difficult – the areas that are best suited to harness wave and tidal energy are often very hazardous and can be difficult to navigate. As we mentioned in our article on subsea cable vulnerability, subsea cables and hardware have to withstand 14.5 psi per every 10.05 meters they are lowered into the ocean. That coupled with the harsh environment that marine energy succeeds in, makes for a harsh environment for equipment.
PMI has many years of experience engineering proven subsea hardware for companies around the globe. We are excited to be part of the quickly growing marine energy market and are ready to create custom and quality solutions that will withstand harsh and hazardous environments.
Read more about the potential of wave and tidal energy.
The outcome of your project will rely on the quality of your subsea terminations. Make sure to download our guide – 7 Questions You Should Be Asking About Your Subsea Terminations – for a through breakdown of what you should be looking for in your subsea terminations.