Recent Developments in Ocean Energy and Offshore Wind: Financial Challenges and Environmental Misconceptions

Book Chapter

Title: Recent Developments in Ocean Energy and Offshore Wind: Financial Challenges and Environmental Misconceptions
Publication Date:
September 20, 2016
Book Title: Sustainability Through Innovation in Product Life Cycle Design
Chapter: 50
Pages: 735-746
Publisher: Springer
Affiliation:

Document Access

Website: External Link

Citation

Esteban, M.; Gasparatos, A.; Doll, C. (2016). Recent Developments in Ocean Energy and Offshore Wind: Financial Challenges and Environmental Misconceptions. Sustainability Through Innovation in Product Life Cycle Design (pp. 735-746). Springer.
Abstract: 

The first generation of (pre-commercial) ocean energy devices emerged in 2008, but comparatively little practical commercial development has taken place in wave and tidal power since then. Currently offshore wind power is in a sense the only true commercial deployment of an ocean energy technology seeing wide-scale adoption. Recently, several developments related to tidal energy are taking place, though progress in wave power devices remains disappointing, with several companies facing financial difficulties. This paper presents a review of recent developments in ocean energy and discusses the financial challenges and environmental misconceptions regarding such technologies.

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