NWE MEA

Marine Energy (ME) refers to the renewable energy that can be captured from waves, tides, and salinity & thermal gradients. ME has the potential to deliver electricity to 350 million households globally by 2050. The NWE region leads the way in ME development and is uniquely positioned to become the global industry leader. However, efficient growth is hampered, as the sector is regionally oriented and fragmented. Foreseeable errors in technology development are being repeated, making the development of ME technologies unnecessarily inefficient and expensive. The Marine Energy Alliance (MEA) unites regional expertise and capabilities of leading organisations with a track-record in ME development. The main objective is to progress the combined technical and commercial maturity level of 40 SMEs developing ME Concepts (TRL 3-4), reducing the risk in the subsequent capital-intensive demonstration phase by 20%.

Duration: 31 May 2018 - 31 March 2023