Breakthrough Advancements in Wave and Tidal Renewable Energy Generation: 2024 Study – China Leads Breakthrough Advancements in the Patent Landscape

DUBLIN, Feb. 26, 2024 /PRNewswire/ — The “Breakthrough Advancements in Wave and Tidal Renewable Energy Generation” report has been added to  ResearchAndMarkets.com’s offering.

This research study focuses on breakthrough advancements in wave and tidal renewable energy generation

The study draws attention to the unique ability of these technologies to provide a stable and predictable energy output and their potential to address some of the challenges presented by the irregularities and other disadvantages of solar and wind energy. Industry players are developing technologies to tap into tidal and wave energy. Although these developments are nascent, they show strong potential to generate renewable energy.

This report includes an in-depth comparison of different wave energy converters, such as point absorbers and surface attenuators. It also looks at tidal range and stream systems, discussing their benefits and limitations. The report identifies leading companies and countries in wave and tidal energy and highlights innovations that can enable the large-scale deployment of wave and tidal technologies.

The study also provides a comparative analysis of the levelized cost of energy (LCOE) of different forms of renewable energies while suggesting ways to lower wave and tidal energy’s LCOE. It explores the possibilities of integrating wave and tidal systems with existing wind power setups and other offshore segments like aquaculture and desalination.

It also discusses the potential transition of wave and tidal energy systems from standalone solutions to cost-effective, supportive solutions. The study identifies the factors driving and restraining the growth of these technologies and concludes by highlighting the opportunities emerging from this space for market players and stakeholders to leverage.

Key Topics Covered:

1 Strategic Imperatives

Why Is It Increasingly Difficult to Grow?The Strategic Imperative: Factors Creating Pressure on GrowthThe Impact of the Top 3 Strategic Imperatives on Breakthrough Advancements in Wave and Tidal Renewable Energy GenerationGrowth Opportunities Fuel the Growth Pipeline EngineResearch Methodology

2 Growth Opportunity Analysis

Scope of AnalysisGrowth DriversGrowth RestraintsComparison of Tidal and Wave Energy with Major Renewable Energy Sources

3 Breakthrough Advancements in Wave and Tidal Renewable Energy Generation: Technology Analysis

Wave Energy: An IntroductionWave Energy Converter: SegmentationWave Energy Converter: ComparisonTidal Energy: An IntroductionTidal Energy Systems: SegmentationTidal Energy Systems: Comparison

4 Innovation Ecosystem

The Largest Tidal Energy Project using Yaw Module-based Tidal Energy Turbines to Obtain Maximum Energy OutputThe Largest Wave Energy Project using On-shore Floaters Tidal to Obtain Grid-connected Wave PowerDominant Players in the Design, Development, and Operation of Wave Energy SystemsDominant Players in the Design, Development, and Operation of Tidal Energy Systems

5 Growth Analysis

China Leads Breakthrough Advancements in the Wave and Tidal Renewable Energy Generation Patent LandscapeDeveloped Markets Dominate the Funding Ecosystem

6 Growth Opportunity Universe

Growth Opportunity 1: Wave and Tidal Energy as the Future for Remote Islands Battling Spatial Constraints and Energy IntermittencyGrowth Opportunity 2: Co-location of Wave Energy with Aquaculture and Desalination Plants to Generate Additional Income StreamsGrowth Opportunity 3: Wave and Wind as a Hybrid Approach to Lower LCOE

For more information about this report visit https://www.researchandmarkets.com/r/uqa837

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SOURCE Research and Markets