Looking for a specific product?

Make a search for products & suppliers, articles & news.

Ocean energy technologies speeding toward commercialization

The ocean energy sector has been steadily creeping towards commercial reality year after year, with technology test deployments taking place worldwide. 

After all, the ocean energy market is not an easy place to do business, just building a technology prototype can cost up to $30 million. This year, however, some major project announcements indicate that the industry could be moving to the next level - much faster than anyone had previously predicted.

In Norway, a company that had focused on building composite materials for the fossil fuel industry came to realize that it needed to switch gears. "A few years ago, we decided we have to do something after oil when it is not around, and we'd also like to do something for the environment," said John Inge Brattekas, CTO of Flumill. "So how can we use our technology in the renewable environment?"

 

To read more, please visit Hydroworld.com

Related news

Latest news

TechnipFMC named top Petroleum International Contractor by ENR

This accomplishment places us in front of companies such as Petrofac,

The world’s energy demand will peak in 2035 prompting a reshaping of energy investment

The electrification trend is already enveloping the automotive industry.

DNV GL launches revised design standard and new certification guideline for floating wind turbines

The role of offshore wind, including floating offshore wind energy, 

Green Corridor JIP delivers innovative bulk carrier designs for a low emissions future

When the IMO confirmed the 2020 deadline for the 0.5 per cent global sulphur cap in 2016, 

DNV GL launches Operations & Analytics Centre in India to enable 24/7 monitoring for renewable assets globally

The new global monitoring centre is especially significant to independent power providers, 

DNV GL awards AiP to Jiangnan Shipyard for 93K cbm very large ethane carrier design “PANDA E”

The flexible, efficient and environmentally friendly design was developed by Jiangnan Shipyard in cooperation with GTT,

DNV GL starts phase II of project to examine the impact of phase-contamination on oil flow meters

Accurate measurement of the production of oil fields is an important means ...

Important message at the “AKVAculture Day”

We won’t be able to create growth unless we can handle the industry’s challenges.

Visit from the Ministry of Trade Industry and Fisheries

The Ministry visited in order to learn more about the industry.