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Europe’s ocean power installations surge again to pre-Covid ranges


An overhead view of a tidal turbine from Orbital Marine Energy on September 6, 2021.

William Edwards | AFP | Getty Photos

European installations of tidal and wave power capability jumped in 2021, because the ocean power sector noticed deployments revert to pre-pandemic ranges and a considerable enhance in funding.

In figures launched Thursday, Ocean Vitality Europe stated 2.2 megawatts of tidal stream capability was put in in Europe final yr, in comparison with simply 260 kilowatts in 2020. For wave power, 681 kW was put in, which OEE stated was a threefold enhance.

Globally, 1.38 MW of wave power got here on-line in 2021, whereas 3.12 MW of tidal stream capability was put in. Capability refers back to the most quantity of electrical energy installations can produce, not what they’re essentially producing.

Total, 11.5 MW of tidal stream installations are actually in European waters, with the determine for wave power coming in at 1.4 MW. Funding within the ocean power sector hit 70 million euros ($76.8 million) final yr. OEE, a Brussels-based commerce affiliation, stated this represented a 50% enhance in comparison with 2020.

“Growing new decarbonised, indigenous and reasonably priced power sources is just not a luxurious – it’s a necessity,” Remi Gruet, the Ocean Vitality Europe CEO, stated in a press release.

The European Fee, the manager arm of the EU, has laid out targets for the capability of ocean power applied sciences akin to wave and tidal to succeed in 100 MW within the EU by 2025 and roughly 1 gigawatt by 2030. Given the present stage of installations, reaching this purpose represents an enormous problem.

“The EU should kick-start its offshore renewables technique now, and empower ocean power to ship power independence and decarbonisation as a part of a various set of renewables,” OEE’s Gruet stated.

“The figures from 2021 mirror a powerful, adaptable sector, and present that ocean power is proving itself, each technologically and as an funding.”

Learn extra about clear power from CNBC Professional

Whereas there may be pleasure concerning the potential of marine power, the footprint of tidal stream and wave tasks stays very small in comparison with different renewables. In 2021 alone, Europe installed 17.4 gigawatts of wind power capacity, based on figures from trade physique WindEurope.

Regardless of its small footprint, latest years have seen a lot of developments throughout the ocean power trade. Final July, a tidal turbine weighing 680 metric tons started grid-connected power generation on the European Marine Vitality Centre in Orkney, an archipelago positioned north of mainland Scotland.

A number of months later, in Oct. 2021, plans for a £1.7 billion (around $2.23 billion) project in the U.K. incorporating applied sciences together with underwater generators had been introduced.

Simply this week, it was introduced that an unbiased fee would revisit the opportunity of utilizing the Severn Estuary, a big physique of water between England and Wales, to harness tidal energy.



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