Irish company OceanEnergy has already tested its oscillating water column generators at significant scale in Hawaii, and it's just signed on to a four-year project to test, validate and commercialize its biggest unit yet off Orkney, in Scotland.
A €19.6m project backed by the EU is seeking to take wave energy beyond the pilot scale and demonstrate that the technology can play a key role in decarbonisation.
Members of the European Parliament have adopted a new target for renewable energy, which raises the share of renewables in the EU’s final energy consumption to 45% by 2030, under the revision of the Renewable Energy Directive (RED).