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Ocean Renewables Touted as Climate Change Solution (Ind. Report)
Ocean Renewable Energy Action Coalition
Date: 2020-06-12
The attached report from the Ocean Renewable Energy Action Coalition's (OREAC) Ocean Panel has found that ocean-based renewable energy, such as offshore wind, floating solar, tidal and wave power, could meet nearly 10 pct of the global annual greenhouse gas (GHG) emissions reductions needed to remain on a Paris-compliant 1.5 degrees C pathway in 2050.

The report estimates that up to 85 pct of this decarbonization potential will come from offshore wind. 1,400 GW of offshore wind would power one-tenth of global electricity demand while saving over 3 billion tpy of CO2 -- equal to taking 800 million cars off the road.

OREAC is spearheaded by Orsted and Equinor, and includes other major players in the global offshore wind industry: CWind, Global Marine Group, JERA, MHI Vestas, MingYang Smart Energy, Mainstream Renewable Power, Shell, Siemens Gamesa Renewable Energy, TenneT, and GE Renewable Energy. Additional partner organisations include Global Wind Energy Council, World Resources Institute, UN Global Compact, the Chinese Wind Energy Association and Ocean Energy Systems.

Download the OREAC The Ocean as a Solution to Climate Change report HERE. (Source: OREAC, PR, reve, June, 2020) Contact: OREAC, www.oceanrenewable.com

More Low-Carbon Energy News Ocean Renewable Energy Action Coalition,  Ocean Energy,  Renewable Energy,  Wave Energy,  Tidal EnergyCarbon Emissions,  Climate Change,  


Ocean Renewable Energy Action Coalition Launched (Int'l Report)
Ocean Renewable Energy Action Coalition
Date: 2020-01-15
An international Ocean Renewable Energy Action Coalition has been formed to advance sustainable deployment of ocean-based renewable energy -- offshore wind, floating solar, tidal and wave power -- and at the same time mitigate the impacts of climate change while meeting roughly 10 pct of the annual greenhouse gas emissions reductions needed by 2050 to keep global temperatures under 1.5 degreeC above pre-industrial levels, according to a report released by the High-Level Panel for a Sustainable Ocean Economy. Most of this climate change mitigation potential is expected to come from offshore wind.

The Action Coalition includes MHI Vestas, Orsted, Equinor, CWind, Global Marine Group, JERA, Shell, Mainstream Renewable Power, Siemens Gamesa, TenneT and The UK Crown Estate.

Download the The Ocean as a Solution to Climate Change -- Five Opportunities for Action Report HERE. (Source: High-Level Panel for a Sustainable Ocean Economy, Various Media, Maritime Executive, 13 Jan., 2020) Contact: High-Level Panel for a Sustainable Ocean Economy, www.oceanpanle.org

More Low-Carbon Energy News Ocean Energy,  

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