Reportlinker Adds Ocean Energy Technologies and Components Worldwide

* Reuters is not responsible for the content in this press release.

Wed May 27, 2009 11:01am EDT

NEW YORK--(Business Wire)--
Reportlinker.com announces that a new market research report is available in its
catalogue. 

Reportlinker Adds Ocean Energy Technologies and Components Worldwide

http://www.reportlinker.com/p0119699/Reportlinker-Adds-Ocean-Energy-Technologies-and-Components-Worldwide.html

Ocean waters cover over 70% of the earth and present significant opportunities
for renewable energy systems. Ocean Energy Technologies and Components Worldwide
contains comprehensive data on the U.S. and world market for the three primary
Ocean Energy Technology systems: Tide Energy, Wave Energy and Ocean Thermal
Energy. The report also addresses the emerging potential of Salinity Gradient
systems. The report identifies key trends affecting the marketplace, along with
trends driving growth, and also profiles major domestic and global marketers and
geographic hot spots for ocean energy technology implementation. 

This study presents a comprehensive overview of the growing market for ocean
energy technologies in the United States and throughout the world. Falling
within the parameters of this study are all ocean energy technology systems and
products. This study includes both public and privately funded systems that are
in development or have already been installed. This study also includes emerging
systems that are in the early development stages. 

Global energy consumption amounts to over 17,400 Terawatt hours per year, with
United States` use alone accounting for approximately11,200 Terawatt hours per
year. Ocean energy technology has the potential to generate over 93,100 terawatt
hours/year with the two most viable options being wave technology and thermal
gradient technology. Wave Energy technology alone has the potential to produce
up to 80,000 TWH/year, while OTEC could produce up to 10,000 TWH/year. Salinity
Gradient technology, still an emerging science, has the potential to produce
2000 TWH/year. Given the Obama administration`s commitment to green technology
and renewable energy alternatives, the outlook for 2009-2010 is very positive
for increased investment in both domestic and global ocean energy developments. 

In September 2008, New York City installed the first Tidal-Power Turbine system
in the United States. As part of a plan for New York to generate up to 80% of
the city`s power from renewable energy sources, the completed Tidal-Power Plant
is expected to provide power for up to 10,000 households. New York`s Tidal-Power
program shows how ocean energy technology is quickly catching up to the more
familiar renewable wind and solar power sources. 

In Aguçadoura, Portugal, the successful installation of the world`s first
multi-unit wave farm will generate 2.5 MW, enough to power 1500 homes. The wave
tidal energy market alone could be worth over $280 billion per year. In Hawaii,
Taiwan Industrial Technology has entered into collaboration with Lockheed Martin
to develop a 10MW Ocean Thermal Energy Conversion (OTEC) pilot plant. 

Within the United States, Maine and Alaska offer the best conditions for tidal
power plants, while Hawaii and the Atlantic coast have the tropical conditions
required for Ocean Thermal Energy Conversion. Recent tests along northern
California`s Redwood Coast indicate that the west coast could be an ideal area
for testing wave energy systems. While the U.S. is among the global leaders in
Ocean Wave and Tidal Current developments, the U.K. dominates the field as of
2008. India and Japan are the global leaders in Ocean Thermal Energy Conversion,
while Mexico and Norway are among the initial investors in Salinity Gradient
systems. 

Report Methodology

The information in Ocean Energy Technologies and Components Worldwide is based
on primary and secondary data from the U.S. Energy Information Administration,
the European Ocean Energy Association, the International Energy Agency and the
Sustainable Energy Coalition, along with information from trade associations
such as the Ocean Renewable Energy Coalition and business journals, company
literature and websites, and research services such as Simmons Market Research
Bureau. 

What You`ll Get in This Report

Ocean Energy Technologies and Components Worldwide makes important predictions
and recommendations regarding the future of this market, and pinpoints ways
current and prospective players can capitalize on current trends and spearhead
new ones. No other market research report provides both the comprehensive
analysis and extensive data that Ocean Energy Technologies and Components
Worldwide offers. Plus, you`ll benefit from extensive data, presented in
easy-to-read and practical charts, tables and graphs. 

How You`ll Benefit from This Report

If your company is already doing business in the Ocean Energy Technology market,
or is considering taking the plunge, you will find this report invaluable as it
provides a comprehensive package of information and insight not offered in any
other single source. You will gain a thorough understanding of the current
market for four types of ocean energy technology, as well as projected markets
and trends through 2013. 

This report will help:

* Entrepreneurs and Investors identify market opportunities and gain a better
understanding of which types of areas benefit most from ocean energy technology.


* Research and development professionals stay on top of competitor initiatives
and explore demand for ocean energy technology. 

* Green Marketing and Advertising agencies working with clients in the green
energy market understand the potential impact of ocean energy technology and the
advantages for coastal cities. 

* Business development executives understand the dynamics of the ocean energy
technology market and identify possible private and government partnerships. 

* Information and research center librarians provide market researchers, brand
and product managers and other colleagues with the vital information they need
to do their jobs more effectively. 

Chapter 1: Executive Summary 

Introduction 

Scope of Study: All Ocean Energy Technologies and Products 

Sources 

Research Methodology 

Study Focus Primarily Tidal, Wave, and Thermal 

Tidal Energy Generators 

Underwater Turbines 

Hydrokinetic Power Generation 

Wave Power Generators 

Point Absorbers 

Attenuators 

Terminator Devices 

Overtopping devices 

Ocean Thermal Energy 

Closed Cycle OTEC 

Open Cycle OTEC 

Desalination 

Refrigeration fluid 

The Ocean Energy Technology Market 

Figure 1-1: Total Global OET Projects in Development, 2000-2008 

Ocean Energy Investments 

Figure 1-2: Global Investments in Ocean Energy, 2004-2008 (in million $) 

Growth in World Wave-Energy Market 

Figure 1-3: World Wave Energy Projects and Values, 1998-2009 

Ocean Energy Production in the Years Ahead 

Figure 1-4: Projected Growth in Ocean Energy Generated, 2009-2013 

U.S. Tidal Energy Market 

Pending US Tidal Projects 2008 

U.S. Wave Energy Market 

Only One Company Takes Advantage of FERC Decision 

U. S. Annual Ocean Thermal Energy Projects 

Positive Factors in Future Growth 

External Factors Favoring Growth 

Internal Factors Favoring Growth 

Environmental Impact Concerns 

Legal/Regulatory Issues 

FERC and MMS Reach New Agreement on Outer Continental Shelf 

Potential Growth in U.S. Ocean Energy Power Output 

Figure 1-5: Potential Growth in U.S. Ocean Energy Generated, 2009-2013 

Ocean Energy Technology Competitors 

Types and Sizes Companies 

Most Development Driven by Local Marine Conditions 

Competitors by Product Category/Segment 

Competitors: Attenuator Energy Competitors 

Table 1-1: Selected List of U.S./Global Attenuator Competitors 

Competitors: Horizontal Axis Turbines 

Table 1-2: Selected List of U.S./Global Tidal (Wave) Energy Market Competitors 

Competitors: Overtopping Devices 

Table 1-3: Selected List of Overtopping Device Companies 

Ocean Energy Technology Market Trends 

Foreign Dominance of Research and Development 

Scotland, Ireland and the UK 

Table 1-4: UK Renewable Obligation Time Table (percent) 

Australia 

Portugal 

Horizontal and Vertical Integration 

Stock Market Trends 

Table 1-5: OET Companies Trading on Public Stock Markets: By Exchange and Stock
Symbol 

Ocean Energy Trends in the United States 

Figure 1-6: U.S. Energy Consumption, 2007 (percent) 

Financing Trends 

Emerging Financing Models 

Federal Government Trends 

State Trends 

California 

Florida 

State Rebate Programs 

Table 1-6: Coastal State Renewable Portfolio Standards (percent) 

Distribution Structure 

Geographic Limitations 

Where is the power in the waves? 

Where is the Power in the Tides? 

Ocean Thermal Energy Conversion Still Catching On 

Socioeconomic Considerations 

Growth through Established Renewable Energy Market 

Chapter 2: Ocean Energy Technology Systems/Products 

Introduction: Market Parameters 

Scope of Study: All Ocean Energy Technology Systems 

Not Included: Other Renewable Energy (RE) Sources 

Not Included (With Qualifications): Nonrenewable Energy (NRE) Sources 

Note on Abbreviations 

Tide Energy Systems 

Overview 

Hydrokinetic Power Generation 

Potential Energy (gravity-based) 

Estuary Systems 

Barrage components 

Turbines 

Impact on Local Ecosystems 

Wave (Marine) Current Systems 

Overview 

Point Absorbers 

Attenuators 

Terminator Devices 

Overtopping Devices 

Pneumatic Power 

Mechanical Power 

Ocean Thermal Energy Conversion (OTEC) or Ocean Thermal Energy (OTC) 

Closed Cycle OTEC 

Open Cycle OTEC 

Hybrid Cycle OTEC 

Benefits of OTEC 

Floating Structure 

Pipes 

Desalination and Potable Water 

Refrigeration Fluid 

Electric Cable to Shore 

Boiler 

Condenser 

Hydrogen Production 

Environmental Impact 

Benefits to Island Nations and Communities 

Salinity Gradient 

Overview 

Fresh Water/Seawater Mix 

Osmotic Power Potential 

Pressure-retarded Osmosis 

Prototypes in Place 

Chapter 3: The Ocean Energy Technology Market 

U.S. Ocean Energy Technology Market in a Global Context 

Overview 

Ocean Energy Investments 

Figure 3-1: Global Investments in Ocean Energy, 2004-2008 (in million $) 

Growth in World Wave-Energy Market 

Figure 3-2: World Wave Energy Projects and Values, 1998-2009 

Growth in World Tidal/Current-Energy Market 

Figure 3-3: World Tidal Energy Projects and Values, 2001-2009 

World Ocean Energy Technology Projects 

Figure 3-4: Total Global OET Projects in Development, 2000-2008 

Costs of Setting up an Ocean Energy Power Converter 

Leading Global Wave Energy Companies 

Table 3-1: World Wave Energy Companies with Full-Scale Prototypes 

World Leaders in Tidal Energy Development 

Table 3-2: World Tidal Energy Companies with Full-Scale Prototypes 

Ocean Energy Production in the Years Ahead 

Figure 3-5: Projected Growth in Ocean Energy Generated, 2009-2013 

Projected Growth World Growth in Ocean Energy Projects 

Figure 3-6: Global Ocean Energy Technology Projects Nearing Final Stages of
Development, 2009 

Potential Market Value from 2009-2013 

UK Ocean Energy Technology Companies to Watch 

Table 3-3: U.K. Companies with OET Projects in Early Development 

The U.S. Ocean Energy Technology Market 

Overview 

FERC and MMS Reach New Agreement on Outer Continental Shelf 

Commercially Available Ocean Energy Technology 

Hydropower - Industry Activities 

U.S. Tidal Energy Market 

Table 3-4: Issued and Valid Hydrokinetic Projects Preliminary Permits 2007 

Geographic Locations 

Pending US Tidal Projects 2008 

Table 3-5: Pending Hydrokinetic Tidal Current Projects Preliminary Permits 

Power Capacity of Full-Scale Tidal Current Prototypes 

Table 3-6: Power Capacity of Full-Scale Tidal Current Prototypes 

Potential Growth in U.S. Ocean Energy Power Output 

Figure 3-7: Potential Growth in U.S. Ocean Energy Generated, 2009-2013 

Estimated Price per Watt/Installed/Projected 

U.S. Wave Energy Market 

Table 3-7: Geographic Locations and Potential Wave Energy Output 

Table 3-8: Issued and Valid Hydrokinetic Wave Projects Preliminary Permits, 2008


Only One Company Takes Advantage of FERC Decision 

Table 3-9: Pending Hydrokinetic Wave Energy Projects Preliminary Permits 

Full-Scale Wave Energy Prototypes 

Table 3-10: Power Capacity of Full-Scale Tidal Current Prototypes 

Price per Watt/Installed/Projected 

U. S. Annual Ocean Thermal Energy Projects 

Figure 3-8: Potential Markets for Ocean Thermal Energy Projects 

U.S. Ocean Thermal Energy Projects 

U.S. Salinity Gradient Projects 

Still too new for the United States 

OET State Support 

U.S. Ocean Energy Technology Market: Sales and Growth 

Figure 3-9: US Wave Energy Potential 

U.S. Wave-Energy Market Growth from 2001-2008 

Figure 3-10: Number of U.S. Wave Energy Projects, 1998-2008 

U.S. Tidal-Energy Market Growth 2001-2008 

Figure 3-11: Number of U.S. Tidal Energy Projects, 1997-2008 

Factors in Future Growth 

Positive Factors in Growth 

Overview 

The Obama Recovery Plan 

External Factors Favoring Growth 

Table 3-11: Coastal States with RPS Requirements 

The Economy: Supplies 

Ecology: Climate Change 

Private Sector Investment 

Public Sector Support 

Internal Factors Favoring Growth 

Environmental Impact Concerns 

Legal/Regulatory Issues 

Utility Obstacles (Integration into Existing Grids) 

Geographic Obstacles 

Recession 

Impact on commercial and recreation fishing sites 

Marine transit routes 

Surfing and coastal recreation 

Chapter 4: The Competitors 

Overview 

Competitive Context 

At What Cost? 

Public/Private Interaction 

Young Formation 

External Market Factors Integral to Market Structure 

Ocean Energy Trade Associations 

European Ocean Energy Association (EU-OEA) 

International Energy Agency - Implementing Agreement on Ocean Energy Systems
(IEA-OES) 

Table 4-1: List of 2008 IEA-OES Members 

Ocean Renewable Energy Coalition (OREC) 

Table 4-2: List of 2008 Ocean Renewable Energy Coalition Members 

Table 4-3: OREC Strategic Partners 

Ocean Energy Technology Competitors 

Types and Sizes 

Most Development is Driven by Local Marine Conditions 

Competitors by Product Category/Segment 

Competitors: Attenuator Energy Competitors 

Table 4-4: Selected List of U.S./Global Attenuator Competitors 

Competitors: Horizontal Axis Turbines 

Table 4-5: Selected List of U.S./Global Tidal (Wave) Energy Market Competitors 

Competitors: Oscillating Hydrofoil 

Table 4-6: Selected List of Oscillating Hydrofoil Companies 

Competitors: Overtopping Devices 

Table 4-7: Selected List of Overtopping Device Companies 

Competitors: Ocean Thermal Energy 

Table 4-8: Selected List of U.S./Global Ocean Thermal Energy Competitors 

Competitors: Point Absorber Companies 

Table 4-9: Selected List of Point Absorber Companies 

Competitors: Vertical Axis Turbine 

Table 4-10: Selected List of Vertical Axis Turbine Companies 

Competitors: Salinity Gradient Energy 

Competitive Profiles 

Introduction 

Pelamis Wave Power Ltd. 

Corporate Background 

Product and Brand Portfolio 

Performance 

Company News 

Growth 

Outlook 

Personnel Changes 

Affect of Recession in 2008 and into 2009 

Marine Current Turbines Ltd. 

Corporate Background 

Product and Brand Portfolio 

Company News 

Projects in Development 

Looking for Investors 

OCEES International, Inc. 

Corporate Background 

Projects in Development 

Strategic Partners 

Grays Harbor Ocean Energy Company 

Corporate Background 

Product and Brand Portfolio 

The Oscillating Water Column Technology 

Company News 

Innovation 

Outlook 

Collaborations 

Finavera Renewables 

Corporate Background 

The AquaBuOY 

Company News 

Acquisition of AquaEnergy Group, Ltd. 

AquaBuOY 2.0 

Humboldt County, California 

Coos Bay, Oregon 

Makah Bay, Washington State, USA 

Innovation 

Outlook 

Chapter 5: Ocean Energy Technology Market Trends 

Competitive Trends 

Globalization of U.S. Ocean Energy Technology Market 

Foreign Dominance of Research and Development 

Scotland, Ireland and the UK 

Table 5-1: Scotland Marine Energy Programme Distribution 

Table 5-2: UK Renewable Obligation Time Table (percent) 

Australia 

Table 5-3: Proposed Australian Renewable Energy Fund, 2009 

Table 5-4: Oceanlinx`s Funding Sources, 1999-2009 

Israel 

Table 5-5: S.D.E. Orders 2005-2008 

Portugal 

Table 5-6: Ocean Energy Projects in Portugal 

Canada 

Table 5-7: Wave-energy Projects in Canada 

Table 5-8: Tidal-energy Projects in Canada 

UK Technology at Work in Canada 

Building the Marine Technology Network in British Columbia 

China 

Japan 

Ocean Energy Trends in the United States 

Figure 5-1: U. S. Energy Consumption, 2007 

Competing with Fossil Fuels and other Renewables 

Table 5-9: Use Energy Consumption by Energy Source, 2003-2007 

Horizontal and Vertical Integration 

Government and State Support 

Investment Trends 

Investor Trends in 2007 

Table 5-10: Ocean Energy Investments, 2007 

Investor Trends in 2008 

Table 5-11: Ocean Energy Investments, 2008 

Stock Market Trends 

Table 5-12: OET Companies Trading on Public Stock Markets: By Exchange and Stock
Symbol 

Financing Trends 

Financing Is Fundamental 

Emerging Financing Models 

New OET Financiers 

Cautionary Note 

Subsidies 

U.S. Federal and State Trends 

Federal Government Trend 

California Trends 

Florida Trends 

State Rebate Programs 

Table 5-13: Coastal State Renewable Portfolio Standards (percent) 

Chapter 6: Market Distribution 

Distribution Structure 

Geographic Limitations 

Where is the power in the waves? 

Table 6-1: Global Distribution of Wave Energy Manufacturers (percent) 

Where is the Power in the Tides? 

Figure 6-1: Global Distribution of Tidal Energy Companies (percent) 

Ocean Thermal Energy Conversion Still Catching On 

Socioeconomic Considerations 

Overview: Theme and Variations 

Table 6-2: Ocean Energy Companies in Agreement with Utilities 

Distribution and Distributors 

Growth through Established Renewable Energy Market 

Growth through Power Collaboration with Industry Leaders 

Growth through Memorandum of Understanding 

A Unique Investment in Ocean Energy 

Getting the Word Out About Ocean Energy Technology 

Distribution, Direct-Sales Retailers, and the End-User 

To order this report:

Reportlinker Adds Ocean Energy Technologies and Components Worldwide

http://www.reportlinker.com/p0119699/Reportlinker-Adds-Ocean-Energy-Technologies-and-Components-Worldwide.html

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