Reportlinker announced new addition to its catalog “Renewable Power Generation from Ocean Wave, Tidal Stream, River Hydrokinetic, Ocean Current, and Ocean Thermal Technologies”
The marine and hydrokinetic industry is slowly progressing as the technologies are improving, major energy companies and utilities are making investments, industry associations are gaining lobbying power, and governments complete or update their country-level deployment targets and roadmaps, enact competitive financial incentives, and (in many cases) garner public support. But now the industry stands at a critical point and must deliver on its promise or risk losing investor interest and political support.
There are more than 100 marine and hydrokinetic (MHK) technologies being researched by companies and various organizations, including some strong university-industry partnerships. Sophisticated and well-financed testing centers are accelerating R&D activities and, as the focus now moves to commercialization, are also studying the potential environmental and other impacts of deploying hundreds of devices and transmission lines in areas that are frequented by fishermen, transport vessels, and marine life. Countries that have strong marine resources, such as the United Kingdom, the United States, Australia, South Korea, and Portugal, have committed to supporting the industry in some capacity – with the United Kingdom being the clear leader.
This Pike Research report analyzes the global market opportunities to harness marine and hydrokinetic technologies for power generation. The study examines multiple MHK technologies including ocean wave, tidal stream, river hydrokinetic, ocean current, and ocean thermal technologies, assessing the relative advantages and disadvantages of the various options. Profiles and SWOT analysis are provided for key industry players and detailed market forecasts for installed capacity and revenue extend through 2017.
Key Questions Addressed:
* Which countries will lead in marine and hydrokinetic energy development over the next 6 years – and why?
* How did the global financial crisis and recession affect the marine and hydrokinetic market?
* Which companies are leading the pack for developing and deploying wave, tidal, ocean current, river hydrokinetic, and ocean thermal technologies?
* What countries have the best support for deployment of marine and hydrokinetic technologies?
* What does it cost to deploy and operate marine and hydrokinetic technologies?
* How do the various marine and hydrokinetic technologies compare against other renewable energy options?
* How much revenue will be generated by grid-connected marine and hydrokinetic technologies by 2017?
[mappress]
Offshore WIND staff, February 09, 2012