Ocean technology companies announce collaboration to propel wave energy to the next level

wave

Wave energy companies Eco Wave Power and Ocean Power Technologies Inc. (OPT), have announced that they are working to utilise their complementary technologies and skills to accelerate global wave energy projects, under an agreement that was signed at an earlier date. The companies will work together on several fronts, including knowledge sharing, joint grant submissions, […]

Global power systems under strain as demand for electricity surges

power

Global electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record high, according to the latest report from the International Energy Agency (IEA) Electricity is central to modern life, and clean electricity is pivotal to energy transitions, but in the absence […]