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The European Commission's Joint Research Centre (JRC) has published its bi-annual report on the ocean energy.
This 2016 edition focuses more on the developments that have taken place in the sector over the past years in terms of tech-nological progress, market creation, and policy instruments available at European and national level. While the previous 2014 edition gave an overview of the ocean sector in the European Union.
Click here to download the report.
The European Parliament has adopted a proposal to reform the EU Emissions Trading System Directive for the post 2020 period.
The reform proposes an Innovation Fund which will finance clean energy and low carbon projects by auctioning ETS allowances.
According to Kasparas Kemeklis, ETIP Ocean project officer, “The vote is a step in the right direction for funding the energy transition".The Parliament proposes to increase allocations to an Innovation Fund from 400 to 600 million allowances. This will allow renewable energy demonstration projects, like ocean energy farms, to get the extra financing needed to get into the water.
Next steps
Members of the European Parliament will now enter into negotiations with the Maltese Presidency of the Council and the other national governments to reach an agreement on the final shape of the legislation.
The new ETIP Ocean website is now online.
This website is ETIP Ocean's knowledge sharing hub. It will feature information about all of ETIP Ocean's activities.
The website allows you to view recordings of ETIP Ocean webinars and download all of ETIP Ocean's reports.
A wealth of resources will be accessible, including links to academic and technical research, environmental impact assessments and external databases.
Visit ETIP Ocean's website regularly for updates.