Meygen Tidal Energy Project, Scotland |
Twenty-five years after the creation of IEA-OES, ocean energy is entering a new phase. What was once driven primarily by vision, research and early experimentation is now increasingly defined by operational evidence, larger-scale ambitions and growing investor and policy confidence. Across tidal, wave, OTEC and other ocean energy applications, the sector is demonstrating that it can move beyond promise and deliver practical value.
Today, the challenge for ocean energy goes beyond demonstrating that technologies can operate at sea. It is about showing that they can perform reliably over time, be deployed at greater scale and make a meaningful contribution to the energy transition. Recent progress also reflects the development of more robust approaches to environmental assessment, maritime spatial planning and stakeholder engagement, creating stronger conditions for deployment and real-world impact
LHD Tidal Current Power Station, China
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Perhaps the most important signal of progress is the growing evidence from long-term operation and cumulative electricity generation.
Top: CorPower Ocean, Portugal
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Another defining characteristic of the sector today is the gradual but clear shift from isolated device demonstrations towards pre-commercial arrays and coordinated deployment strategies. This transition is essential: it signals that the industry is beginning to operate at the scale required for future market relevance.
The sector is being shaped by technologies that are reaching increasingly high levels of engineering maturity, supported by improved design, extended operation in real-sea conditions and growing experience in installation, maintenance and performance assessment. Orbital Marine Power’s O2 is a leading example, having demonstrated the operation of a large-scale floating tidal turbine over an extended period.
Ocean energy is also proving its value beyond conventional grid supply. In many parts of the world, it offers solutions that respond directly to local needs, including freshwater production, thermal energy services and diesel displacement in remote or islanded systems.

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The progress of recent years is also reflected in a broader shift in perception. Ocean energy is increasingly recognised both as a field of technical innovation and as a strategic option within the future clean energy mix. Major public support mechanisms, including EU Innovation Fund grants and the UK’s Contracts for Difference scheme, show that ocean energy is beginning to attract the kind of policy and financial backing associated with emerging investable sectors.
This shift is part of a broader policy transition that has taken place over the past 25 years. Ocean energy has moved steadily from the margins of energy policy towards a more visible place in national and regional clean energy strategies. As highlighted in the IEA-OES policy report Technology Push & Market Pull, governments and public funding bodies increasingly recognise that ocean energy requires dedicated and well-sequenced support, combining research and innovation funding, demonstration opportunities, and market frameworks tailored to the needs of the sector. Across a growing number of programmes, this transition can be seen in the emergence of ringfenced support, pilot deployment schemes, and longer-term revenue mechanisms. This reflects an important change: ocean energy has transitioned from a long-term research topic into a technology with strategic economic, industrial, and decarbonisation value. The opportunity is significant. The IEA-OES roadmap identifies a potential contribution of 300 GW of ocean energy by 2050, with the capacity to create more than 680,000 jobs, generate over $340 billion in gross value added, and avoid more than 500 million tonnes of carbon emissions. Realising this potential will depend on policy frameworks that support the full innovation pathway, from early-stage R&D and testing infrastructure to demonstration, grid integration and commercial deployment.
This does not mean that all barriers have been overcome. But it does mean that the sector is moving into a more mature phase, where confidence is built through evidence, partnerships and delivery. The foundations laid over the past 25 years are now supporting a new chapter — one in which ocean energy is increasingly positioned not at the margins of the energy transition, but as part of its future.