- Landmark Collaboration in Marine Energy.
- The partnership signifies a significant stride towards nurturing a thriving marine energy sector.
- Focus on tackling challenges and addressing joint priorities for sector growth.
The National Hydropower Association (NHA) in the US and Marine Renewables Canada (MRC) have signed a historic Memorandum of Understanding (MoU). Aimed at advancing marine energy for global net zero goals.
Focuses on collaborative advancement and knowledge exchange in marine energy development, reports Water Power Magazine.
Shared Commitment to Advancement
Both organizations are leading advocates for marine energy in their respective nations. Dedicated to propelling marine energy solutions forward on a global scale.
The partnership signifies a significant stride towards nurturing a thriving marine energy sector.
Amplifying Potential of Marine Energy
NHA and MRC aim to spearhead innovation and surmount challenges. The goal is to expedite the transition towards a sustainable energy landscape.
The collaboration will amplify the potential of marine energy in various sectors and applications.
Vast Opportunities in North America
Marine energy holds immense promise in decarbonizing energy portfolios in the US and Canada.
The US has estimated marine energy resources equivalent to 56% of its total electricity generation in 2021. Canada boasts auspicious tidal, wave, river currents, and offshore wind energy reservoirs.
Confidence in Collaboration
Elisa Obermann, Executive Director of Marine Renewables Canada, expresses confidence in the collaboration.
Strengthened collaboration will support industry development towards commercial clean energy solutions. Focus on tackling challenges and addressing joint priorities for sector growth.
Addressing Key Challenges
Malcolm Woolf, President and CEO of NHA, emphasizes the need to work closely to overcome challenges.
Collaboration aims to build partnerships, share information, and accelerate sector development.
Focus on collaborative efforts to grow the marine energy sector in the United States and internationally.
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Source: Water Power Magazine
