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Home›Business & Finance›Marine Power Systems Joins Ocean Energy Europe
Business & Finance

July 29, 2015 · about 11 years ago

Marine Power Systems Joins Ocean Energy Europe

Marine Power Systems (MPS), a Swansea-based company that is developing technology designed to harness wave energy, has become a member of Ocean Energy Europe, the industry group for ocean renewable energy in Europe. Marine Power Systems joins a growing list of industry representatives uniting behind

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Marine Power Systems (MPS), a Swansea-based company that is developing technology designed to harness wave energy, has become a member of Ocean Energy Europe, the industry group for ocean renewable energy in Europe.

Marine Power Systems joins a growing list of industry representatives uniting behind a common strategy for industrialising the ocean energy sector. With Marine Power Systems recently joining as a member, Ocean Energy Europe has exceeded 100 members this week.

Previously the European Ocean Energy Association, Ocean Energy Europe re-launched in 2013 with the purpose of positioning ocean energy as a key developing energy production technology, which will be crucial to meet the EU’s climate change proposals.

Marine Power Systems has been invited to give a presentation at the upcoming Ocean Energy Europe conference in Dublin on 20-21 October on overcoming the specific challenges that the wave energy sector faces. In addition, MPS will discuss, as part of the panel, its plans going forwards and a robust development strategy to reach commercialization.

Dr Gareth Stockman, co-founder and Managing Director of Marine Power Systems , said:

“Joining Ocean Energy Europe as a member shows Marine Power Systems’ commitment to supporting the progress of ocean energy as a renewable energy source and the sector overall. Ocean Energy Europe encompasses the crucial role ocean energy plays within the EU and its importance to the future of the energy sector. We are proud to be a part of this body of professionals representing the sector and look forward to presenting our latest developments at the Ocean Energy Europe conference later this year.”

Memberships of Ocean Energy Europe has increased by 65% since 2013 and it is the largest global network of ocean energy professional in the world today.

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