Newark, April 18, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 1.6 billion wave and tidal energy market will reach USD 5.1 billion by 2033. Wave energy is captured from ocean surface waves and used to pump water into reservoirs, generate electricity, and desalinate. Since they produce the most concentrated form of renewable energy, wave and tidal energies are the most promising green technologies. An endless supply of renewable energy can be found in the oceans. Thus, the most sustainable energy source is anticipated to be generated using wave and tidal energy from the ocean’s surface. These are the environmentally friendly ways to generate electricity by using the energy of the oceans. These renewable energy sources are commonly used by nations worldwide because they offer a reliable and consistent clean energy supply. Growing reliance on electricity has resulted in a rise in sustainable power generation, of which wave and tidal energy is one. Nevertheless, sustainable government power generation projects may be the main driver of wave and tidal energy growth.
● Wave Swell
● Orbital Marine Power
● OpenHydro
● CorPower Ocean
● AW Energy
● Ocean Power Technologies
● Wello
● Carnegie Clean Energy
● SIMEC Atlantis Energy
● Eco Wave Power
● Aquamarine Power
● Seabased
● BioPower Systems
● Wave Energy
● Tidal Barrages
● Tidal Stream Generator
● Tidal Turbines
● Tidal Fences
● Power Generation
Head of Business Development
Phone: +1-315-215-1633
Email: [email protected] 
Web: www.thebrainyinsights.com 
(GlobeNewsWire)