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European Regions Lead the Charge on Ocean Energy

The Commission for the Environment, Climate Change and Energy of the Committee of the Regions (CoR) adopted today a report confirming that the ocean energy sector will make an “important meeting the future energy needs of the European Union”. 

The ocean energy industry welcomes this report from the Committee of the Regions, and recognises the strong leadership Europe’s regions have played in driving the sector forward. With the resource anchored at regional level, ocean energy developments will mean fresh economic activity for existing port infrastructures and maritime supply chains.

Rémi Gruet, CEO Ocean Energy Europe

Providing an analysis of the ocean energy industry, the report highlights Europe’s global leadership in the sector and the benefits in terms of industrial growth, jobs and exports. At the same time it underlines both the pivotal role of the EU in pushing the development of the sector and the significant potential that could be unlocked through exploiting synergies between regions, Member States and the EU itself.

With 100GW of installed capacity by 2050, the ocean energy industry can make a major contribution to Europe’s energy security and decarbonisation goals. This report is particularly timely and correctly identifies the key actions for Europe to maintain its global dominance and benefit from the growth of ocean energy around the world.

Rémi Gruet, CEO Ocean Energy Europe

The report also supports the European Commission’s Ocean Energy Forum initiative, assigned to draft an industry roadmap by September this year. The final roadmap will be presented to European Ministers during a summit on ocean energy taking place in Dublin, on 20 October 2015.

View the full report here.

About Ocean Energy Europe

Ocean Energy Europe is European industry body for ocean renewable energy, with the stated goal of delivering 100GW of renewable energy in Europe by 2050. It has nearly 100 members including Europe’s leading utilities, industrialists and research institutes. Their combined strength make Ocean Energy Europe the largest and most powerful network of ocean energy professionals in the world.

About the Committee of the Regions

The European Committee of the Regions (CoR) is the European Union's (EU) assembly of local and regional representatives that provides sub-national authorities (i.e. regions, counties, provinces, municipalities and cities) with a direct voice within the EU's institutional framework. Established in 1994, the CoR was set up to address two main issues. First, about three quarters of EU legislation is implemented at local or regional level, so local and regional representatives needed to have a say in the development of new EU laws. Second, there were concerns about a widening gap between the public and the process of European integration; involving the elected level of government closest to the citizens was one way of closing the gap.