Ocean Energy Technologies and Components Worldwide

Ocean Energy Technologies and Components Worldwide published by Specialist in Business Information in June, 2009. This report consists of 147 Pages and the price starts from US $ 3995.

Introduction

Abstract

Ocean waters cover over 70% of the earth and present significant opportunities for renewable energy systems. Ocean Energy Technologies and Components Worldwide contains comprehensive data on the U.S. and world market for the three primary Ocean Energy Technology systems: Tide Energy, Wave Energy and Ocean Thermal Energy. The report also addresses the emerging potential of Salinity Gradient systems. The report identifies key trends affecting the marketplace, along with trends driving growth, and also profiles major domestic and global marketers and geographic hot spots for ocean energy technology implementation. This SBI study presents a comprehensive overview of the growing market for ocean energy technologies in the United States and throughout the world. Falling within the parameters of this study are all ocean energy technology systems and products. This study includes both public and privately funded systems that are in development or have already been installed. This study also includes emerging systems that are in the early development stages.

Global energy consumption amounts to over 17,400 Terawatt hours per year, with United States' use alone accounting for approximately11,200 Terawatt hours per year. Ocean energy technology has the potential to generate over 93,100 terawatt hours/year with the two most viable options being wave technology and thermal gradient technology. Wave Energy technology alone has the potential to produce up to 80,000 TWH/year, while OTEC could produce up to 10,000 TWH/year. Salinity Gradient technology, still an emerging science, has the potential to produce 2000 TWH/year. Given the Obama administration' s commitment to green technology and renewable energy alternatives, the outlook for 2009-2010 is very positive for increased investment in both domestic and global ocean energy developments.

In September 2008, New York City installed the first Tidal-Power Turbine system in the United States. As part of a plan for New York to generate up to 80% of the city' s power from renewable energy sources, the completed Tidal-Power Plant is expected to provide power for up to 10,000 households. New York' s Tidal-Power program shows how ocean energy technology is quickly catching up to the more familiar renewable wind and solar power sources.

In Aguýÿadoura, Portugal, the successful installation of the world' s first multi-unit wave farm will generate 2.5 MW, enough to power 1500 homes. The wave tidal energy market alone could be worth over $280 billion per year. In Hawaii, Taiwan Industrial Technology has entered into collaboration with Lockheed Martin to develop a 10MW Ocean Thermal Energy Conversion (OTEC) pilot plant.

Within the United States, Maine and Alaska offer the best conditions for tidal power plants, while Hawaii and the Atlantic coast have the tropical conditions required for Ocean Thermal Energy Conversion. Recent tests along northern California' s Redwood Coast indicate that the west coast could be an ideal area for testing wave energy systems. While the U.S. is among the global leaders in Ocean Wave and Tidal Current developments, the U.K. dominates the field as of 2008. India and Japan are the global leaders in Ocean Thermal Energy Conversion, while Mexico and Norway are among the initial investors in Salinity Gradient systems.

Report Methodology

The information in Ocean Energy Technologies and Components Worldwide is based on primary and secondary data from the U.S. Energy Information Administration, the European Ocean Energy Association, the International Energy Agency and the Sustainable Energy Coalition, along with information from trade associations such as the Ocean Renewable Energy Coalition and business journals, company literature and websites, and research services such as Simmons Market Research Bureau.

What You' ll Get in This Report

Ocean Energy Technologies and Components Worldwide makes important predictions and recommendations regarding the future of this market, and pinpoints ways current and prospective players can capitalize on current trends and spearhead new ones. No other market research report provides both the comprehensive analysis and extensive data that Ocean Energy Technologies and Components Worldwide offers. Plus, you' ll benefit from extensive data, presented in easy-to-read and practical charts, tables and graphs.

How You' ll Benefit from This Report

If your company is already doing business in the Ocean Energy Technology market, or is considering taking the plunge, you will find this report invaluable as it provides a comprehensive package of information and insight not offered in any other single source. You will gain a thorough understanding of the current market for four types of ocean energy technology, as well as projected markets and trends through 2013.

This report will help:

• Entrepreneurs and Investors identify market opportunities and gain a better understanding of which types of areas benefit most from ocean energy technology.
• Research and development professionals stay on top of competitor initiatives and explore demand for ocean energy technology.
• Green Marketing and Advertising agencies working with clients in the green energy market understand the potential impact of ocean energy technology and the advantages for coastal cities.
• Business development executives understand the dynamics of the ocean energy technology market and identify possible private and government partnerships.
• Information and research center librarians provide market researchers, brand and product managers and other colleagues with the vital information they need to do their jobs more effectively.

Table of Contents

Chapter 1: Executive Summary

• Introduction
• Scope of Study: All Ocean Energy Technologies and Products
  • Sources
• Research Methodology
  • Study Focus Primarily Tidal, Wave, and Thermal
• Tidal Energy Generators
  • Underwater Turbines
  • Hydrokinetic Power Generation
• Wave Power Generators
  • Point Absorbers
  • Attenuators
  • Terminator Devices
  • Overtopping devices
• Ocean Thermal Energy
  • Closed Cycle OTEC
  • Open Cycle OTEC
  • Desalination
  • Refrigeration fluid

The Ocean Energy Technology Market

• Figure 1-1: Total Global OET Projects in Development, 2000-2008
• Ocean Energy Investments
  • Figure 1-2: Global Investments in Ocean Energy, 2004-2008 (in million $)
  • Growth in World Wave-Energy Market
  • Figure 1-3: World Wave Energy Projects and Values, 1998-2009
  • Ocean Energy Production in the Years Ahead
  • Figure 1-4: Projected Growth in Ocean Energy Generated, 2009-2013
• U.S. Tidal Energy Market
  • Pending US Tidal Projects 2008
• U.S. Wave Energy Market
  • Only One Company Takes Advantage of FERC Decision
• U. S. Annual Ocean Thermal Energy Projects
  • Positive Factors in Future Growth
  • External Factors Favoring Growth
• Internal Factors Favoring Growth
  • Environmental Impact Concerns
  • Legal/Regulatory Issues
  • FERC and MMS Reach New Agreement on Outer Continental Shelf
  • Potential Growth in U.S. Ocean Energy Power Output
  • Figure 1-5: Potential Growth in U.S. Ocean Energy Generated, 2009-2013

Ocean Energy Technology Competitors

• Types and Sizes Companies
• Most Development Driven by Local Marine Conditions

Competitors by Product Category/Segment

• Competitors: Attenuator Energy Competitors
  • Table 1-1: Selected List of U.S./Global Attenuator Competitors
• Competitors: Horizontal Axis Turbines
  • Table 1-2: Selected List of U.S./Global Tidal (Wave) Energy Market Competitors
• Competitors: Overtopping Devices
  • Table 1-3: Selected List of Overtopping Device Companies

Ocean Energy Technology Market Trends

• Foreign Dominance of Research and Development
• Scotland, Ireland and the UK
• Table 1-4: UK Renewable Obligation Time Table (percent)
• Australia
• Portugal
• Horizontal and Vertical Integration
• Stock Market Trends
• Table 1-5: OET Companies Trading on Public Stock Markets: By Exchange and Stock Symbol
• Ocean Energy Trends in the United States
• Figure 1-6: U.S. Energy Consumption, 2007 (percent)

Financing Trends

• Emerging Financing Models
• Federal Government Trends
• State Trends
• California
• Florida
• State Rebate Programs
• Table 1-6: Coastal State Renewable Portfolio Standards (percent)

Distribution Structure

• Geographic Limitations
• Where is the power in the waves?
• Where is the Power in the Tides?
• Ocean Thermal Energy Conversion Still Catching On
• Socioeconomic Considerations
• Growth through Established Renewable Energy Market

Chapter 2: Ocean Energy Technology Systems/Products

• Introduction: Market Parameters
  • Scope of Study: All Ocean Energy Technology Systems
    • Not Included: Other Renewable Energy (RE) Sources
    • Not Included (With Qualifications): Nonrenewable Energy (NRE) Sources
    • Note on Abbreviations
  • Tide Energy Systems
    • Overview
    • Hydrokinetic Power Generation
    • Potential Energy (gravity-based)
    • Estuary Systems
    • Barrage components
    • Turbines
    • Impact on Local Ecosystems
  • Wave (Marine) Current Systems
    • Overview
    • Point Absorbers
    • Attenuators
    • Terminator Devices
    • Overtopping Devices
    • Pneumatic Power
    • Mechanical Power

Ocean Thermal Energy Conversion (OTEC) or Ocean Thermal Energy (OTC)

• Closed Cycle OTEC
• Open Cycle OTEC
• Hybrid Cycle OTEC
• Benefits of OTEC
• Floating Structure
• Pipes
• Desalination and Potable Water
• Refrigeration Fluid
• Electric Cable to Shore
• Boiler
• Condenser
• Hydrogen Production
• Environmental Impact
• Benefits to Island Nations and Communities
• Salinity Gradient
• Overview
• Fresh Water/Seawater Mix
• Osmotic Power Potential
• Pressure-retarded Osmosis
• Prototypes in Place

Chapter 3: The Ocean Energy Technology Market

• U.S. Ocean Energy Technology Market in a Global Context
  • Overview
• Ocean Energy Investments
  • Figure 3-1: Global Investments in Ocean Energy, 2004-2008 (in million $)
  • Growth in World Wave-Energy Market
  • Figure 3-2: World Wave Energy Projects and Values, 1998-2009
  • Growth in World Tidal/Current-Energy Market
  • Figure 3-3: World Tidal Energy Projects and Values, 2001-2009
  • World Ocean Energy Technology Projects
  • Figure 3-4: Total Global OET Projects in Development, 2000-2008
  • Costs of Setting up an Ocean Energy Power Converter
  • Leading Global Wave Energy Companies
  • Table 3-1: World Wave Energy Companies with Full-Scale Prototypes
  • World Leaders in Tidal Energy Development
  • Table 3-2: World Tidal Energy Companies with Full-Scale Prototypes
  • Ocean Energy Production in the Years Ahead
  • Figure 3-5: Projected Growth in Ocean Energy Generated, 2009-2013
  • Projected Growth World Growth in Ocean Energy Projects
  • Figure 3-6: Global Ocean Energy Technology Projects Nearing Final Stages of Development, 2009
  • Potential Market Value from 2009-2013
  • UK Ocean Energy Technology Companies to Watch
  • Table 3-3: U.K. Companies with OET Projects in Early Development

The U.S. Ocean Energy Technology Market

• Overview
  • FERC and MMS Reach New Agreement on Outer Continental Shelf
  • Commercially Available Ocean Energy Technology
  • Hydropower - Industry Activities
• U.S. Tidal Energy Market
• Table 3-4: Issued and Valid Hydrokinetic Projects Preliminary Permits 2007
  • Geographic Locations
  • Pending US Tidal Projects 2008
  • Table 3-5: Pending Hydrokinetic Tidal Current Projects Preliminary Permits
  • Power Capacity of Full-Scale Tidal Current Prototypes
  • Table 3-6: Power Capacity of Full-Scale Tidal Current Prototypes
  • Potential Growth in U.S. Ocean Energy Power Output
  • Figure 3-7: Potential Growth in U.S. Ocean Energy Generated, 2009-2013
  • Estimated Price per Watt/Installed/Projected
• U.S. Wave Energy Market
  • Table 3-7: Geographic Locations and Potential Wave Energy Output
  • Table 3-8: Issued and Valid Hydrokinetic Wave Projects Preliminary Permits, 2008
  • Only One Company Takes Advantage of FERC Decision
  • Table 3-9: Pending Hydrokinetic Wave Energy Projects Preliminary Permits
  • Full-Scale Wave Energy Prototypes
  • Table 3-10: Power Capacity of Full-Scale Tidal Current Prototypes
  • Price per Watt/Installed/Projected
• U. S. Annual Ocean Thermal Energy Projects
  • Figure 3-8: Potential Markets for Ocean Thermal Energy Projects
  • U.S. Ocean Thermal Energy Projects
• U.S. Salinity Gradient Projects
  • Still too new for the United States
• OET State Support
• U.S. Ocean Energy Technology Market: Sales and Growth
  • Figure 3-9: US Wave Energy Potential
  • U.S. Wave-Energy Market Growth from 2001-2008
  • Figure 3-10: Number of U.S. Wave Energy Projects, 1998-2008
  • U.S. Tidal-Energy Market Growth 2001-2008
  • Figure 3-11: Number of U.S. Tidal Energy Projects, 1997-2008

Factors in Future Growth

• Positive Factors in Growth
  • Overview
  • The Obama Recovery Plan
  • External Factors Favoring Growth
  • Table 3-11: Coastal States with RPS Requirements
  • The Economy: Supplies
  • Ecology: Climate Change
  • Private Sector Investment
  • Public Sector Support
• Internal Factors Favoring Growth
  • Environmental Impact Concerns
  • Legal/Regulatory Issues
  • Utility Obstacles (Integration into Existing Grids)
  • Geographic Obstacles
  • Recession
  • Impact on commercial and recreation fishing sites
  • Marine transit routes
  • Surfing and coastal recreation

Chapter 4: The Competitors

Overview

• Competitive Context
  • At What Cost?
  • Public/Private Interaction
  • Young Formation
  • External Market Factors Integral to Market Structure
• Ocean Energy Trade Associations
  • European Ocean Energy Association (EU-OEA)
  • International Energy Agency - Implementing Agreement on Ocean Energy Systems (IEA-OES)
  • Table 4-1: List of 2008 IEA-OES Members
  • Ocean Renewable Energy Coalition (OREC)
  • Table 4-2: List of 2008 Ocean Renewable Energy Coalition Members
  • Table 4-3: OREC Strategic Partners

Ocean Energy Technology Competitors

• Types and Sizes
• Most Development is Driven by Local Marine Conditions

Competitors by Product Category/Segment

• Competitors: Attenuator Energy Competitors
  • Table 4-4: Selected List of U.S./Global Attenuator Competitors
• Competitors: Horizontal Axis Turbines
  • Table 4-5: Selected List of U.S./Global Tidal (Wave) Energy Market Competitors
• Competitors: Oscillating Hydrofoil
  • Table 4-6: Selected List of Oscillating Hydrofoil Companies
• Competitors: Overtopping Devices
  • Table 4-7: Selected List of Overtopping Device Companies
• Competitors: Ocean Thermal Energy
  • Table 4-8: Selected List of U.S./Global Ocean Thermal Energy Competitors
• Competitors: Point Absorber Companies
  • Table 4-9: Selected List of Point Absorber Companies
• Competitors: Vertical Axis Turbine
  • Table 4-10: Selected List of Vertical Axis Turbine Companies
• Competitors: Salinity Gradient Energy

Competitive Profiles

• Introduction

Pelamis Wave Power Ltd.

• Corporate Background
• Product and Brand Portfolio
• Performance
• Company News
  • Growth
  • Outlook
  • Personnel Changes
  • Affect of Recession in 2008 and into 2009

Marine Current Turbines Ltd.

• Corporate Background
• Product and Brand Portfolio
• Company News
  • Projects in Development
  • Looking for Investors

OCEES International, Inc.

• Corporate Background
• Projects in Development
• Strategic Partners

Grays Harbor Ocean Energy Company

• Corporate Background
• Product and Brand Portfolio
• The Oscillating Water Column Technology
• Company News
  • Innovation
  • Outlook
  • Collaborations

Finavera Renewables

• Corporate Background
• The AquaBuOY
• Company News
  • Acquisition of AquaEnergy Group, Ltd.
  • AquaBuOY 2.0
  • Humboldt County, California
  • Coos Bay, Oregon
  • Makah Bay, Washington State, USA
  • Innovation
  • Outlook

Chapter 5: Ocean Energy Technology Market Trends

• Competitive Trends
• Globalization of U.S. Ocean Energy Technology Market
• Foreign Dominance of Research and Development
• Scotland, Ireland and the UK
• Table 5-1: Scotland Marine Energy Programme Distribution
• Table 5-2: UK Renewable Obligation Time Table (percent)
• Australia
• Table 5-3: Proposed Australian Renewable Energy Fund, 2009
• Table 5-4: Oceanlinx' s Funding Sources, 1999-2009
• Israel
• Table 5-5: S.D.E. Orders 2005-2008
• Portugal
• Table 5-6: Ocean Energy Projects in Portugal
• Canada
• Table 5-7: Wave-energy Projects in Canada
• Table 5-8: Tidal-energy Projects in Canada
• UK Technology at Work in Canada
• Building the Marine Technology Network in British Columbia
• China
• Japan
• Ocean Energy Trends in the United States
• Figure 5-1: U. S. Energy Consumption, 2007
• Competing with Fossil Fuels and other Renewables
• Table 5-9: Use Energy Consumption by Energy Source, 2003-2007
• Horizontal and Vertical Integration
• Government and State Support

Investment Trends

• Investor Trends in 2007
• Table 5-10: Ocean Energy Investments, 2007
• Investor Trends in 2008
• Table 5-11: Ocean Energy Investments, 2008
• Stock Market Trends
• Table 5-12: OET Companies Trading on Public Stock Markets: By Exchange and Stock Symbol

Financing Trends

• Financing Is Fundamental
• Emerging Financing Models
• New OET Financiers
• Cautionary Note
• Subsidies

U.S. Federal and State Trends

• Federal Government Trend
• California Trends
• Florida Trends
• State Rebate Programs
• Table 5-13: Coastal State Renewable Portfolio Standards (percent)

Chapter 6: Market Distribution

• Distribution Structure
• Geographic Limitations
• Where is the power in the waves?
• Table 6-1: Global Distribution of Wave Energy Manufacturers (percent)
• Where is the Power in the Tides?
• Figure 6-1: Global Distribution of Tidal Energy Companies (percent)
• Ocean Thermal Energy Conversion Still Catching On
• Socioeconomic Considerations
• Overview: Theme and Variations
• Table 6-2: Ocean Energy Companies in Agreement with Utilities
• Distribution and Distributors
• Growth through Established Renewable Energy Market
• Growth through Power Collaboration with Industry Leaders
• Growth through Memorandum of Understanding
• A Unique Investment in Ocean Energy
• Getting the Word Out About Ocean Energy Technology
• Distribution, Direct-Sales Retailers, and the End-User

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