The marine energy industry is still in the nascent stages of development. Consequently, many technologies are largely in the research, development, and demonstration phases. The lack of many commercially ready technologies also means the industry isn't always aware of different market opportunities and benefits of marine energy technologies. It also creates limited familiarity with the technologies themselves, industry perceptions of high technical risk, and limited experience in designing and manufacturing devices.
WPTOs Data Access and Analytics Activity Area aims to address these challenges through the following approaches:
- Provide original research to assess and communicate potential market opportunities, including those relevant for other maritime markets,
- Aggregate and analyze data on marine and hydrokinetic performance and maintain information sharing platforms to enable dissemination, and
- Leverage expertise, technology, data, methods, and lessons learned from the international marine and hydrokinetic community, as well as other offshore scientific and industrial sectors.
WPTO's Marine Energy e-newsletter shares news and updates on tools, analysis, and emerging technologies to advance marine energy.