Bringing ocean energy through the Valley of Death

Bringing ocean energy through the Valley of Death
21 November 2019 18:25 - 18:40

Speaker: Rémi Gruet CEO, Ocean Energy Europe (OEE)

Rémi Gruet will give an overview of the European ocean energy sector. He will give an update on the state of the technology. The leading ocean energy companies in Europe are demonstrating full-scale wave and tidal devices in real sea conditions, either as individual wave devices or in tidal farms. This is the ‘Valley of Death’ stage of innovation, where learnings and cost reductions are greatest, but where risks and costs remain high. Rémi’s presentation will outline these challenges and present the policy framework needed to bring ocean energy through this Valley to the point of industrial roll-out.


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