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En Dn Otes I M Arket and Indu Stry Trend S ENDNOTES · MARKET AND INDUSTRY TRENDS · HYDROPOWER 03 95 GE, 2018 Annual Report (Boston: February 2019), pp. 19, 121, https://www.ge.com/investor-relations/sites/default/files/ GE_AR18.pdf. 96 Ibid., p. 17. MARKET 97 Ibid., p. 18. 98 Voith, Annual Report 2018 (Heidenheim an der Brenz, Germany: December 2018), p. 76, http://voith.com/corp-en/VZ_annual- report-2018_18_vvk_en.pdf. ENDNOTES I 99 Ibid., pp. 85-86, 120. AND INDUSTRY TRENDS 100 Ibid., pp. 73, 84-86. 101 Ibid., pp. 84-86. 102 Andritz, op. cit. note 30, p. 73. 103 Ibid., p. 73. 281 ENDNOTES · MARKET AND INDUSTRY TRENDS · OCEAN POWER 03 OCEAN POWER homes in Nova Scotia”, press release (Halifax, NS: 20 September 2018), https://www.canada.ca/en/natural-resources-canada/ 1 Organisation for Economic Co-operation and Development and news/2018/09/minister-sohi-announces-major-investment-in- International Energy Agency, Renewables 2018 (Paris: 2018), p. 39, renewable-tidal-energy-that-will-power-2500-homes-in-nova- MARKET https://www.iea.org/renewables2018/. scotia.html; “Ottawa commits $30 million for new tidal power 2 Total capacity from International Renewable Energy project in Bay of Fundy”, CTV News, 20 September 2018, https:// Agency, Renewable Capacity Statistics 2019 (Abu Dhabi: globalnews.ca/news/4471735/tidal-power-project-bay-of-fundy/. March 2019), http://www.irena.org/publications/2019/Mar/ 23 “Canada’s tidal commitment step forward for the sector, Renewable-Capacity-Statistics-2019. industry agrees”, MarineEnergy.biz, 24 September 2018, https:// ENDNOTES I 3 Ocean Energy Systems (OES), Annual Report 2017 (Lisbon: March marineenergy.biz/2018/09/24/canadas-tidal-commitment- AND INDUSTRY TRENDS 2018), https://report2017.ocean-energy-systems.org/documents/ step-forward-for-the-sector-industry-agrees/; “Canada awards OES-Annual-Report-2017/. C$30 million for 9MW tidal energy scheme”, MarineEnergy. 4 See, for example, European Commission (EC), Study on Lessons biz, 21 September 2018, https://marineenergy.biz/2018/09/21/ for Ocean Energy Development (Brussels: April 2017), p. iii, canada-awards-c30-million-for-9mw-tidal-energy-scheme/. https://publications.europa.eu/s/fEDw. 24 Sustainable Marine Energy, “PLAT-I installed in Grand 5 “Swansea Bay tidal lagoon rejection decision criticized”, BBC News, 26 Passage, Nova Scotia, Canada”, 20 September 2018, https:// June 2018, https://www.bbc.com/news/uk-wales-44609454; “Swansea sustainablemarine.com/news/plat-i_canada; Schottel, “SIT Bay Tidal Lagoon: Firm behind project in debt deal”, BBC News, instream turbine”, https://www.schottel.de/schottel-hydro/sit- 20 September 2018, https://www.bbc.com/news/uk-wales-45592824. instream-turbine/, viewed March 2019. 6 Gavin Smart and Miriam Noonan, Tidal Stream and Wave Energy 25 Sustainable Marine Energy, “Schottel backs Sustainable Marine Cost Reduction and Industrial Benefit (Glasgow: Offshore Renewable Energy to deliver its global tidal energy ambitions, starting in Canada”, Energy Catapult, May 2018), https://www.marineenergywales.co.uk/ 20 January 2019, https://sustainablemarine.com/news/schottel-1. wp-content/uploads/2018/05/ORE-Catapult-Tidal-Stream-and- 26 Atlantis Resources, “MeyGen Phase 1A completes construction Wave-Energy-Cost-Reduction-and-Ind-Benefit-FINAL-v03.02.pdf. phase and officially enters 25 year operations phase”, press 7 EC, op. cit. note 4, pp. 7-14; Smart and Noonan, op. cit. note 6, p. 4. release (Edinburgh: 12 April 2018), https://simecatlantis. com/2018/04/12/meygen-phase-1a-completes-construction- 8 Smart and Noonan, op. cit. note 6, p. 4. phase-and-officially-enters-25-year-operations-phase/. 9 EC, op. cit. note 4, pp. 14-20. 27 Ibid.; Atlantis Resources, “MeyGen operational update”, press 10 Smart and Noonan, op. cit. note 6, p. 4; eight types from European release (Edinburgh: 19 December 2018), https://simecatlantis. Marine Energy Centre Ltd. (EMEC), “Wave devices”, http://www. com/2018/12/19/meygen-operational-update-2/; mean electricity emec.org.uk/marine-energy/wave-devices/, viewed March 2019. demand of Scottish households from UK Department for Business, 11 OES, Annual Report 2016 (Lisbon: April 2017), p. 173, Energy & Industrial Strategy, “Sub-national electricity and gas https://report2016.ocean-energy-systems.org/. consumption statistics – Regional and local authority”, December 2018, https://assets.publishing.service.gov.uk/government/uploads/ 12 See, for example, Ocean Energy Europe, “European ocean energy system/uploads/attachment_data/file/678653/Sub-national_ continues its march towards industrialization”, press release electricity_and_gas_consumption_summary_report_2016.pdf. (Nantes, France: 25 October 2017), http://www.oceanenergy- europe.eu/press-release-european-ocean-energy-continues-its- 28 SIMEC Atlantis Energy, “Plans to enhance MeyGen project returns march-towards-industrialisation. and deliver 40% increase in yield through the installation of at least two new Atlantis turbines”, press release (Edinburgh: 30 October 13 Naval Energies, “MRE: Naval Energies stops its investment in 2018), https://simecatlantis.com/2018/10/30/plans-to-enhance- tidal-turbine energy and concentrates on floating wind turbines meygen-project-returns-and-deliver-40-increase-in-yield-through- and ocean thermal energy conversion”, press release (Paris: 27 the-installation-of-at-least-two-new-atlantis-turbines/. July 2018), https://www.naval-energies.com/en/news/mre-naval- energies-stops-its-investment-in-tidal-turbine-energy-and- 29 Nova Innovation, “Crown Estate Scotland extends Nova’s concentrates-on-floating-wind-turbines-and-ocean-thermal- Shetland seabed lease to support tidal project growth”, energy-conversion/. press release (Edinburgh: 16 October 2018), https://www. novainnovation.com/news/crown-estate-scotland-extends-nova- 14 Naval Energies, “Cape Sharp Tidal successfully connects s-shetland-seabed-lease-to-support-tidal-project-growth; Nova in-stream tidal turbine from the Bay of Fundy to Nova Scotia Innovation, “EU flagship tidal energy project gets green light for electric grid”, press release (Parrsboro, NS: 25 July 2018), https:// next stages of delivery”, press release (Edinburgh: 6 September www.naval-group.com/en/news/cape-sharp-tidal-successfully- 2018), https://www.enfait.eu/news/eu-flagship-tidal-energy- connects-in-stream-tidal-turbine-from-the-bay-of-fundy-to- project-gets-green-light-for-next-stages-of-delivery/. nova-scotia-electrical-grid/. 30 Nova Innovation, “EU flagship…”, op. cit. note 29. 15 Naval Energies, “Naval Energies inaugurates the first dedicated tidal-turbine assembly plant: Two first OpenHydro tidal turbines 31 Nova Innovation, “A world-first for Nova Innovation: the ‘Holy Grail’ will be assemble the plant [sic] in a few months” press release, of baseload tidal power”, press release (Edinburgh: 2 November https://www.naval-energies.com/en/news/naval-energies- 2018), https://www.novainnovation.com/news/a-world-first-for- inaugurates-the-first-dedicated-tidal-turbine-assembly-plant- nova-innovation-the-holy-grail-of-baseload-tidal-power. two-first-openhydro-tidal-turbines-will-be-assemble-the-plant- 32 Orbital Marine, “Scotrenewables Tidal clocks record level of in-a-few-months/, viewed 21 June 2018. power generation”, press release (Edinburgh: 21 August 2018), 16 Naval Energies, “Official start of the construction of the Naval https://orbitalmarine.com/flotec/press-release-scotrenewables- Energies/OpenHydro tidal-turbine plant in Cherbourg”, press tidal-clocks-record-level-of-power-generation/. release, https://www.naval-energies.com/en/news/official-start- 33 Orbital Marine, “Scotrenewables Tidal Power commences site of-the-construction-of-the-naval-energies-openhydro-tidal- preparations for commercial production unit”, press release turbine-plant-in-cherbourg/, viewed 24 July 2017. (Edinburgh: 18 September 2018), https://orbitalmarine.com/ 17 Naval Energies, op. cit. note 13. flotec/press-release-scotrenewables-tidal-power-commences- 18 Ibid. site-preparation-commercial-production-unit/. 19 Directorate-General for Maritime Affairs and Fisheries of the 34 Orbital Marine, “Orbital Marine Power unveils design for Orbital European Commission, Market Study on Ocean Energy (Brussels: O2 tidal turbine”, press release (Edinburgh: 16 November 2018), 20 June 2018), https://publications.europa.eu/en/publication- https://orbitalmarine.com/flotec/press-release-orbital-marine- detail/-/publication/e38ea9ce-74ff-11e8-9483-01aa75ed71a1/ power-unveil-design-for-orbital-o2-tidal-turbine/. language-en/format-PDF/source-99081151. 35 Minesto, “Minesto breaks new ground in the energy sector 20 Ibid. as it proves its subsea kite technology”, press release (Västra Frölunda, Sweden: 30 August 2018), https:// 21 OES, Annual Report 2018 (Lisbon: March 2019), p. 5, minesto.com/news-media/minesto-breaks-new-ground- http://report2018.ocean-energy-systems.org/. energy-sector-it-proves-its-subsea-kite-technology; 22 Natural Resources Canada, “Minister Sohi announces major Minesto, “Minesto generates electricity for the first time investment in renewable tidal energy that will power 2,500 with commercial-scale unit”, press release (Västra Frölunda, 282 ENDNOTES · MARKET AND INDUSTRY TRENDS · OCEAN POWER 03 Sweden: 9 October 2018), https://minesto.com/news-media/ 8 January 2019”, https://www.waveenergyscotland.co.uk/news- minesto-generates-electricity-first-time-commercial-scale-unit. events/two-scots-firms-secure-77m-funding/; Wave Energy 36 Minesto, “Minesto generates…”, op. cit. note 35. Scotland, “About us”, http://www.waveenergyscotland.co.uk,
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