Population growth, rising demand for energy, increasing power costs, political uncertainty and pressure to cut carbon emissions. Any one of these issues would make developing secure supplies of clean energy important. Together they make it imperative. That’s why there is strong demand for the power that Aquamarine’s ocean energy technologies can generate.
As technology becomes ever more important, society is increasingly dependent on the security and reliability of power supply. In order to meet this demand now and in the future, we must pursue environmentally sound power solutions to provide a sustainable supply. The renewable energy sector already accounts for 2.4m jobs globally; and has doubled electric generating capacity since 2004 to 240GW (REN21).
Ocean energy represents a vast and, as yet, untapped source of domestic energy. With two thirds of the earth covered by oceans; the size of the resource is not in question.
Tidal power is one of the most predictable sources of clean energy. In some areas it has the potential to secure a continuous, base load power supply.
Likewise, wave power is predictable and highly abundant, providing an environmentally friendly solution to power demand for generations to come.
The UK is recognised as one of the best locations for extracting marine energy in the world. Wave and tidal energy could account for up to 20% of UK electricity consumption.1
1 Future Marine Energy Challenge, Carbon Trust, January 2006.
