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Different Forms Of Renewable Ocean Energy Blog


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Ocean waves are the most abundant and renewable energy resource available in the environment. The ocean power energy market is estimated to have an annual growth rate of 10.2% between 2017-2023. According to IRENA, marine technologies will fulfill 4% of the entire future global energy requirements by 2050. Ocean energy represents a considerable portion of energy in the form of ocean thermal energy, marine current, tidal, and wave current. The ocean covers about 70% of the earth's surface. Thus, it can play a significant role in satisfying future energy requirements and helping to improve the economic growth in marshy areas by reducing carbon emission

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