The European Commission announced a new call for grants to attract projects to improve the environmental monitoring of tidal and wave energy technologies, supporting the European development of ocean energy.
– The deadline for applications is 15 January 2020. –
Specifically, the €2.3 million grant will assist future deployments by de-risking and documenting the licensing process.
Ocean energy could boost EU’s energy independence and its goal of sourcing minimum 32% of EU energy consumption from renewables by 2030. The EU is currently the global leader in ocean energy technologies.
EU informs that the goals of the project are to:
- Increase environmental data and knowledge of impacts of ocean energy devices
- Improve modelling of potential impacts
- Build capacity among ocean energy developers and Member States’ authorities
- Feed the public debate and inform stakeholders
The ‘Powering Homes Today, Powering Nations Tomorrow’ report, in line with EU’s ocean energy, informs that the ocean energy industry forecasts that 100GW of wave and tidal energy capacity can be deployed in Europe by 2050, meeting 10% of Europe’s current electricity needs.