Ocean Energy Report for 2005

Ocean energy technologies have been around for decades. But for a variety of reasons, including rising oil prices, technological advancements and the sheer grit of a handful of pioneer developers, ocean energy has made a huge splash in 2005. We’ll list this year’s ocean energy milestones and then discuss what needs to be done so the ocean energy industry keeps its momentum.

The EPRI Report concluded that generation of electricity from wave energy may be economically feasible in the near future and as such, warrants continued investigation.

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