Marine Energy
Electricity generation by harvesting energy from tides, ocean currents, and waves in the ocean.
LUX TAKE:
Marine energy activity is slowly picking up pace, with startups like CorPower Ocean, Minesto, Oscilla Power, and CalWave Power Technologies recently announcing offshore pilot deployments. Marine energy developers' biggest challenges are in proving device durability and reducing maintenance frequency (and, in turn, operational costs). Marine energy developers will initially target remote islands to...
News Commentaries
There is more to Havkraft's nearshore wave energy converter than meets the eye (March 9, 2023)
Hann Ocean-Energy takes a step forward to commercialization and begins second trials for its WEC (March 1, 2023)