Ocean Energy (Emerging Industry Overview)

This paper provides an overview of the ocean energy industry, primarily in the United States. Ocean energy is the energy carried by ocean waves, tides, salinity and ocean temperatures, which is said to be the next hope for replacing the world's reliance upon fuel energy within the next 20 years.

Emerging Industry Overview: Ocean Energy

Industry Snapshot

Ocean energy refers to the energy carried by ocean waves, tides, salinity, and the ocean temperatures. Although relatively new and still under development, ocean energy is said to be the next hope for replacing our reliance upon fuel energy within the next 20 years. This change in energy source requires intellectual capital as research and development by energy companies progresses enough to create machinery, processes, and energy output to replace fuel or natural gas outputs. However, hopes are that ocean energy may bring in thousands of jobs over the next decade. This will...

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