Today is the second day of the Energy Ocean International 2012 conference. The technical program for today includes panels on advances in wave and tidal energy projects, offshore winds, permitting and project finance. Today's sessions follow many of the themes discussed in yesterday's technical program. What new technologies are being developed that may enhance the cost-effectiveness of converting energy from the ocean realm into something humans can use?
For technology innovators, what does it take to test and demonstrate a new device, and ultimately convince a project developer that this technology is appropriate for their project?
For project developers, what are the processes needed to develop a successful project, including securing regulatory approvals, minimizing environmental impacts, and putting together a commercially viable financing package? Fundamentally, what does the future hold for ocean energy development? How and when can ocean energy projects be environmentally responsible and cost-effective? By bringing together the broad spectrum of stakeholders interested in ocean energy, perhaps these questions can be answered sooner rather than later.