Mapping Global Ocean Power Projects
Daniel Englander: March 20, 2008, 9:26 AM
Commercial and pre-commercial ocean power projects are being developed at an increasingly fast pace. A handful of wave and tidal energy companies are breaking away from the pack and beginning to sign contracts with utilities, governments and energy companies to develop ocean power capacity. Already in 2008 we should expect to see nearly 19 MW of commercial capacity come online, with an additional 25 MW slated for deployment in 2009. While initially small, global installed capacity will likely hit 800 MW or more by 2015.
I've taken some data from an ongoing project I'm working on and put it into a Google Map to show the global distribution of this growing industry. The data here represent confirmed projects in the pre-planning through deployment stages. I've left out cost and pricing data for now, though I can say generally to expect installed costs to fall from around $6000-$5000/kW to around $3000-$2000/kW in the next five or six years. Enjoy.




