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Ocean energy can be defined as that sector which
produces energy from different sources such as wave
energy, tidal or sea current energy, ocean thermal
energy conversion (OTEC) and salinity gradient.
According to the worldwide organization Ocean Energy
Systems (OES), ocean energy development could
reach 748GW by 2050 providing benefits both in terms
of jobs and investments.

Amongst the renewable energies,
offshore wind and ocean energy in
particular have a closer DNA
to that of Saipem’s business

The implementation of ocean energy will significantly
reduce GHG emissions, potentially by 5.2 billion tonnes
by 2050. Other estimates set the theoretical production
of tidal energy at 1,200 TWh/year. Finally, according to
carbon trust estimates, between 2010 and 2050 wave
and tidal energy markets could amount to 535 billion
euros. Thus, it is a growing market where projects are
expected to increase in number and where Saipem’s
added value could make a difference.

Ocean energy development

could reach 748GW by 2050

The news of recent an agreement between global
players such as Eni, Fincantieri, Terna and Wave for
Energy, to mention just one Italian case, underlines the
fact that this sector is gaining momentum. More utilities
and power generation companies are expected to
enter this vast and potentially huge market. While
potential is large in various areas of the world, such as
the North Atlantic, South America and South Africa,
there are also significant possibilities available in the
Mediterranean Sea, where optimum wave resource is
available along the west coast of Sardinia and Sicily and
optimal tidal source has been reported in the Strait of
aipem S.p.A. is a global solution Messina.
provider in the energy and infrastructure During its long offshore experience, Saipem has
industry with more than 60 years of developed competences that are difficult to match. The
experience in offshore operations. The company has performed transportation and installation
group is widening its business portfolio of large and heavy structures as well as small and
Sby embracing Renewable Energies complex equipment in the seven seas, operating both
and Green Technologies with the aim of supporting the in harsh environments and in extreme conditions, while
energy transition and the decarbonization of our clients’ at all times maintaining an enviable safety record.
energy assets. Amongst the REN, offshore wind and Saipem draws upon a state-of-the-art fleet to perform
ocean energy in particular have a closer DNA to that of its operations, including vessels equipped with dynamic
Saipem’s business. positioning as well as mooring systems. Saipem can
also charter third party vessels to complement the
A full GemStar farm installed requirements of a project as needed.
in the Strait of Messina Saipem also designs and operates its own Remote
could provide as much as 161 GWh Operated Vehicles (ROV), a highly technological fleet
of energy per year that facilitates the execution of delicate operations

IndustrIal Plants - May 2020
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