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

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Sustainability Through Innovation in Product Life Cycle Design

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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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Correspondence to Miguel Esteban .

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Esteban, M., Gasparatos, A., Doll, C.N.H. (2017). Recent Developments in Ocean Energy and Offshore Wind: Financial Challenges and Environmental Misconceptions. In: Matsumoto, M., Masui, K., Fukushige, S., Kondoh, S. (eds) Sustainability Through Innovation in Product Life Cycle Design. EcoProduction. Springer, Singapore. https://doi.org/10.1007/978-981-10-0471-1_50

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