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Ocean Energy Sector Gains Momentum in 2023, EU Funding Boosts Tidal and Wave Projects

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Credit: Kellie Churchman/Pexels

The ocean energy sector surged forward in 2023, fueled by EU funding and national revenue support, according to the latest data released today by Ocean Energy Europe. Ocean Energy Europe reported that 137MW of tidal and wave energy projects are poised for deployment over the next five years, thanks to a combination of EU funding

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