OCEAN ENERGY INNOVATION MOVES AHEAD, POTENTIALLY OPENING NEW GREEN ENERGY FRONT

LONG-TERM support for the wave and tidal energy industries has been announced by the European Commission, which this spring said it intended to support "the rapid development of key ocean energy technologies at the European level".European Union (EU) energy Commissioner Günther Oettinger said: “Ocean energy has a significant potential to enhance the security of supply", adding that "a wide portfolio of renewable energy sources -including ocean energy" was necessary if non fossil fuels were to become “mainstream and integrated into the European energy ...


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