Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


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,  

Showing 1 to 1 of 1.