Marine Renewables Canada canada them here means finding solutions for the world . The emerging market is significant , with the International Energy Agency ’ s Ocean Energy Systems estimating that there is the potential to develop 748 GW of ocean energy by 2050 , resulting in 160,000 direct jobs by 2030 . Canada ’ s Marine Renewable Energy Technology Roadmap established in 2011 also recognizes this as a substantial market , targeting Canadian involvement in 50 % of world projects and estimating $ 2 billion in annual economic value by 2030 , assuming Canada can establish and maintain a leadership role .
Canada is well positioned to tap into this emerging market due to its natural advantage in marine renewable resources , capabilities in marine , offshore , and energy industries and its early leadership in the sector . Worldwide interest in Canada has been growing and is evidenced by international companies seeking and investing in business opportunities associated with tidal energy development in the Bay of Fundy , major wave energy potential on the west coast , and river energy prospects throughout the country . Recognizing the opportunities presented by developing Canada ’ s waves , tides , and rivers , Marine Renewables Canada has worked to advance the development of the industry since 2004 . As the national association dedicated to sector advancement , Marine Renewables Canada identifies and fosters collaborative opportunities , provides information and outreach , and represents the best interests of the sector .
Our Vision A Canadian sustainable marine renewable energy sector , serving domestic and export power needs and providing projects , technologies and expertise in a global market .
Our Mission & Objectives Marine Renewables Canada aligns industry , academia and government to ensure that Canada is a leader in providing marine renewable energy solutions to a world market . To accomplish this mission , our association works to :
• Promote development of Canadian marine renewable energy
www . marinerenewables . ca 101