Recent developments of Ocean Energy in India – An Overview

Abstract

This paper presents an overview of ocean energy technology as a source of renewable energy. It investigates ocean energy resources and new technologies under development to capture that energy. Ocean energy (also referred as Marine Energy) refers to the energy carried by ocean waves, Tides, temperature difference & salinity. Ocean energy has the potential to play a significant role in the future energy system, whilst contributing to the reduction of carbon emissions and stimulating economic growth in coastal and remote areas where there is a scarce of electricity and cost of transmission of electricity is very high. Ocean energy has attracted increasing interest, particularly in India because India has long sea shore. A number of policy initiatives and mechanisms have been put in place to ensure that ocean energy technologies could become cost-competitive in the short term, in order to exploit the benefits that these technologies to India.