Marine Renewable Energy

The United States has significant ocean, marine and tidal energy resources. Development of the technologies to capture these resources can play a significant role in our nation´s economic recovery and expand our renewable energy portfolio. Unfortunately, the U.S. is falling behind in the race to capture the rich energy potential of our oceans. Many countries, particularly in Europe, have already deployed viable, operating, electricity generating projects using the emission-free power of ocean waves, currents and tidal forces. In 2010, the United Kingdom led the world with 2.4MW installed and 2,500 MWh of marine and hydrokinetic (MHK) power generated for the U.K. grid. However, it is not too late for the U.S. to establish itself as a world leader in this industry with the right support. The Electric Power Research Institute estimates U.S. wave and in-stream tidal hydrokinetic energy resource production potential is equal to about 10% of present U.S. electricity consumption, which presents a huge opportunity for U.S. domestic energy production.

Helios Strategies is at the forefront of defining the emerging marine renewables industry in the United States. Advanced research and breakthrough technologies are beginning to reshape the way we think of how to harness energy from the nation´s water resources. Our mission is to bring together industry professionals, academia, National Labs and the Federal Government to develop and enable technology that leads to a robust, commercially viable marine renewable energy industry.