Release of the H2020 OceanSET project 1st annual report: an overview and analysis of progress in the ocean energy sector

By May 6, 2020 News
Wedge Global WEC

Strong public funding support, high technology readiness level for tidal concepts and progress in full‐scale wave energy converter development

This first OceanSET annual report provides an overview of progress in the ocean energy sector in 2018.

Key findings from the annual data collection are presented below:

  • 6 Member States out of 11 have an ocean energy
  • Ocean Energy received €26.3M funding from Member States in
  • 90 ocean energy projects were funded by Member States in 2018, 2/3 of which concern wave energy
  • 12 ocean energy projects operational in 2018 were identified as TRL 7 or
  • 3 Member States consented wave or tidal projects in
  • Test sites enabling demonstration can be found in almost all of the Member
  • The supply chain in most Member States is considered

A structured mapping methodology

The annual report is built on a survey that Member states and developers filled out and which gathered information on the current state of ocean energy sector. The data collected will be used to inform the European Commission of the support required to develop the sector. The survey focused on 4 types of information, aligned with the requirements of the implementation plan: general, technical, financial and environmental.

The survey contained two sections:

  • Section 1 captured high‐level information from Member States on their ocean energy sector that will feed into the annual report for the European Commission;
  • Section 2 gathered project specific information on developers who have devices or are undertaking projects to develop their technology to a TRL 7 or above.

The metrics for the survey were developed in Deliverable 5.1, which is publicly available on the OceanSET website.

To go further: the full report and a dedicated webinar

  • The entire first OceanSET annual report is publicly available on the OceanSET website as Deliverable D6.5;
  • A dedicated webinar will be organised on 7 May 2020 at 11:00 AM CEST in close collaboration with ETIP Ocean to provide an update on the ocean energy sector, based on recent information on costs, technologies, revenue support and other facts from numerous European countries as presented in the first annual report. Registration is already open and the programme is online:


You can keep up to date with progress by visiting the OceanSET website at or by contacting France Energies Marines ‐ contact@ite‐ ‐ T. +33 (0)2 98 49 98 69