Ocean Energy
To transition to Net Zero requires a reliable energy mix i.e., an energy mix with high dispatchability.
The vast, untapped potential of the oceans is a glimmering hope for a sustainable and secure energy future. With the theoretical capacity to generate more than twice the world’s current electricity demand, ocean energy technologies hold the key to reducing carbon emissions and ensuring a climate-safe world for future generations. The predictability of ocean energy makes it a valuable asset, providing a steady baseload power source that can be combined with wind and solar energy to enhance overall energy security.
According to the International Renewable Energy Agency (IRENA), ocean energy resources could potentially generate between 45,000 terawatt hours and 130,000 terawatt hours of electricity each year. And Australia’s National Science Agency, CSIRO, has determined that the combination of wave energy with wind and solar energy plus energy storage has the potential to provide even higher levels of cost-effective energy security than any single renewable energy source plus energy storage system could provide.
As the technology advances, the world is closer than ever to unlocking the full potential of ocean energy and harnessing its tremendous power to create a better, brighter future for all.
Ocean Energy: A Key to Climate Safety
Ocean energy holds the key to reducing carbon emissions and ensuring a climate-safe world for future generations.
Ocean Energy: A RELIABLE POWER SOURCE
The predictability of ocean energy makes it a valuable asset, providing steady baseload power that can be combined with wind and solar energy or energy storage to enhance energy security.
OCEAN-WIND-SOLAR SYNERGY: MAXIMIZING ENERGY SECURITY
The combination of ocean energy with wind and solar energy has the potential to provide higher levels of cost-effective energy security than any single renewable energy source and energy storage system.