IEA-OES releases its Annual Report 2024

Posted 2025-03-26 in News

The report highlights the programme's activities and accomplishments and offers a detailed overview of the latest advancements in each member country.

The International Energy Agency's Ocean Energy Systems (IEA-OES) has released its 2024 Annual Report, highlighting the programme's activities and accomplishments, as well as offering a detailed overview of the latest advancements in each member country.

Annual Report Insights:
 

• International Roadmap for Ocean Energy highlighted: this report discusses how enhancements in technology, market incentives, infrastructure, and regulatory environments can bring ocean energy technologies to market.
• OES-Environmental 2024 State of the Science Report showing the latest research on the environmental effects of ocean energy development.
• Reflecting on the success of the International Conference on Ocean Energy (ICOE 2024) in Melbourne, the report notes the global participation and discussions aimed at accelerating commercial viability of ocean energy technologies. The next conference is scheduled for 2026 in The Hague, Netherlands.
• Country Reports: presenting strategic plans of various countries aimed at achieving carbon neutrality by 2050, with targets for ocean energy and the role of innovation programs in transitioning technologies from prototype to commercial viability.
• There is a growing trend among nations to develop legislative and regulatory frameworks that facilitate the growth of the ocean energy industry.
• The report shows the critical need for coordinated policy frameworks, clear governmental commitments, and continuous innovation investment to harness the full potential of ocean energy.

Download the report here.