The development of wave and tidal resources as a source of energy is the subject of growing international investigation. Ireland’s offshore renewable energy resources have significant development potential and are considered as being among the best in the world, with the practicable wave energy resource estimated at more than 6000MW.
At present there is no well-established wave energy industry anywhere in the world. Ireland has the potential to become a world-leading developer and manufacturer of the technologies that will enable the harnessing of ocean energy resources. To achieve this, the Marine Institute is working with Sustainable Energy Authority Ireland to implement a National Strategy for Ocean Energy. The main objectives are the creation of a centre of excellence in OE technology and the stimulation of a world-class industry cluster and the connection of 500MW of ocean energy by 2020.
For further information on the Ocean Energy Programme please visit the Ocean Energy Section of the Marine Institute Website
The Marine Institute, SEAI, HMRC (UCC) and Smartbay Ireland are collaborating on the development of a national test and demonstration facility for marine energy and technology at the 1/4 scale ocean energy test site in Galway Bay. The project team are seeking your views.
For information on possible funding opportunities, please see the Funding pages.