Abstract
This report reviews the history and status of two emerging clean energy technologies—wave energy conversion and ocean thermal energy conversion—for providing ocean-generated power in developing member countries of ADB. The study builds on past research in the sector of marine-generated power to outline the major technological and economic challenges constraining the future development of these resources, and recommends near-term research and development needs.
Realizing the benefits of these emerging technologies will require sustained research and investment over time, but could bring about radical changes in power generation among ADB’s developing member countries that have long coastlines. We are therefore pleased to offer this report to facilitate the understanding and promotion of marine-based renewable energy technologies in Asia.