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Ireland Well Placed To Capitalise On Mainstreaming Of Ocean Energy

12th March 2016
Ireland Well Placed To Capitalise On Mainstreaming Of Ocean Energy

#PowerFromTheSea - Ireland could be central to the mainstreaming of ocean energy over the next 35 years, according to a new report from the emerging industry.

As The Irish Times reports, the Marine Renewables Industry Association (MRIA) maintains a healthy outlook for the development of wave and tidal energy projects despite revising its predictions for the next decade.

Though "technical challenges" remain in offshore renewables for both wave and wind power generation, Ireland has been marked for "generally strong" policy in the area – and has been encouraged to work with Scotland towards closing the funding gap between research and commercial application.

That view chimes with news from the Maritime Journal, which says Ireland's marine energy market could be worth €15 billion by 2050.

Singled out for its significant contributions in the sector is the SFI Research Centre, Marine Renewable Energy Ireland (MaREI) at University College Cork (UCC), which also houses the Lir National Ocean Test Facility.

That's one of a number of Irish 'innovation hubs' involved in exploring the potential benefits of ocean energy, as previously reported on Afloat.ie – and as discussed at the recent symposium of marine energy leaders in Cork.

Marine Journal has much more on the story HERE.

Published in Power From the Sea
MacDara Conroy

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MacDara Conroy

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MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

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