Investor Presentaiton
Energies 2019, 12, 3658
Total Projects
300
250
200
150
100
50
Central America
& Caribbean
0.94%
Asia
13.35%
Europe
60.66%
Africa
1.64%
(a)
North America
17.10%
South America
0.70%
Oceania
5.62%
0
South America Central America
& Caribbean
Africa
Oceania
Continents
North America
Asia
Europe
Current
Wave
Tidal Range
■OTEC
■Salinity Gradient
(b)
Figure 10. Distribution of the ocean renewable energy projects by (a) continent and (b) source for
each continent.
Technology distribution
The databases were used to determine the technological distribution of the projects. As Figure 12
illustrates, and as was expected, the most employed technologies are current and wave energy
technologies. Current energy technologies are closest to technological maturity showing a significant
convergence with the use of horizontal axis turbines. Most projects use horizontal axis turbine
technology, followed by vertical axis turbines, tidal kites, and oscillatory hydrofoils. On the other hand,
more technology diversity can be observed for wave energy converters, partly due to the diversity
of wave resources and the complexity of harnessing wave energy. The wave energy technologies are
dominated by point absorber devices followed by OWC, oscillating wave surge converters, attenuators,
rotating masses, overtopping devices, and submerged pressure differential devices (see Section 3).
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