European technologies are currently leading the world in ocean energy, and many devices have already been tested extensively at sea.
The next step towards commercialisation is the transition from single machine to multi-device farms. Scaling up to multi-device farms requires higher capital investments, but will also improve competitiveness by reducing costs. This will prove the business case and increase investor confidence.
Ocean DEMO helped ease the transition towards multi-device farms by providing free access to Europe’s world leading network of open sea test centres.
In addition, Ocean DEMO national ambassadors in France, the Netherlands and the United Kingdom worked closely with the ocean energy stakeholders in their respective countries to create a supportive policy environment for the industry.
Thanks to their work, the political support from the House of Representative in the Netherlands is stronger than ever, the United Kingdom allocated tens of millions of revenue support for tidal energy and the French Government recently announced its support to FloWatt, the largest tidal farm project in the world.
Discover the stories of the technology developers who are moving the ocean energy sector foward on our new Success Story Website.