March 2009: Wave and Tidal Power Markets and Opportunities


Today, the ocean power industry is emerging as one of the next substantive renewable energy sectors. Ocean waves and tides are energetic and predictable and the technology underlying their absorption and conversion into electricity is well understood. The companies developing these technologies have evolved substantially from their beginnings in the British ocean power research programs of the 1970s and early 1980s. In September 2008, the first full-scale commercial wave power array was brought online off the coast of Portugal, with many more soon to follow. With 11 separate technologies under development by 35 companies and 50 government- and university-backed research programs in 26 countries and more than 600 MW of commercial projects announced for deployment in the next eight years, the consensus among the technology development and investment communities is that ocean power is poised to make a significant contribution to the global energy portfolio.

This month's Greentech Innovations Report, takes a deep dive into the nascent ocean power market. This info draws upon extensive investigations by our research team and the pioneering work from our senior renewable energy analyst, Daniel Englander. These pages are just a glimpse of our published research on the subject.

Purchase the report for more tables and charts, including:

  • Global Distribution of Ocean Power Technologies
  • Average Annual Wave Energy Flux
  • Ocean and Wave Power Companies
  • Growth of Ocean Power Companies
  • Global Distribution of Ocean Power Companies
  • Total Investment in Ocean Power Companies

Greentech Investment Data in the March 2009 Issue:

  • VC Investment Totals by Sector
  • New Greentech M&A
  • Biofuels and Gasification
  • Energy Storage
  • Solar
  • Automotive and Transportation
  • Water
  • Green Buildings
  • Wind Power and Ocean Power
  • Environmental Tech
  • Carbon Markets
  • Green Agriculture
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