Our seas and oceans offer a vast renewable energy resource, particularly, but not only, along the Atlantic seaboard. Ocean energy technologies are currently being developed to exploit the potential of tides and waves as well as differences in temperature and salinity.
The development of this emerging sector would not only help us to achieve our renewable energy and greenhouse gas reduction targets, but it could fuel economic growth through innovation and create new, high-quality jobs.
The EU already supports technology development through its research programme. In its Blue Growth communication of September 2012, the Commission announced that it would assess further options and deliver a proposal for action in 2013.
The European Commission has developed a two-step action plan to support this emerging sector. In the first phase (2014 – 2016), a secretariat and ocean energy forum have been set up.