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OES Annual Report 2014

Date: September 29, 2015 at 12:33 GMT


This Annual Report presents an overview of the activities undertaken within OES in 2014.

An online version is available here.

As in previous years the report includes a contribution by acknowledged project developers. Three leading project developers in ocean energy (DP Energy, Emera and ESB) were invited to respond to the following questions:
1. The ocean energy sector needs the first pre-commercial projects in the water, and your organization has a leading role worldwide. Could you give some information of your short to medium term plans given the current conditions?
2. Project development involves a wide variety of risks, including technical, regulatory and financial. Could you describe the most critical that you have encountered/ encounter and how could they be overcome?
3. If support measures are put in place in order to overcome those barriers, can you identify the responsible stakeholders for delivering solutions, such as governments, supply chain, research sector, etc., and what would be the expected improvement in terms of your project pipeline and cost reduction achievable?
4. How do you see that international collaboration could accelerate ocean energy growth and what, specifically, is the role that you would like OES to play in supporting the development of ocean energy?

The OES is organised under the auspices of the International Energy Agency (IEA) but is functionally and legally autonomous. Views, findings and publications of the OES do not necessarily represent the views or policies of the IEA Secretariat or its individual member countries.