Ministry of New and Renewable Energy declares ocean energy as green power

The Ministry of New and Renewable Energy (MNRE) has approved a proposal to declare ocean energy as a renewable source of energy. The decision is expected to boost the use of ocean energy. The MNRE has clarified to all the stakeholders that energy produced using various forms of ocean energy such as tidal, wave, ocean thermal energy conversion among others shall be considered as renewable energy and shall be eligible for meeting the non-solar Renewable Purchase Obligations (RPO). Ocean Thermal Energy Conversion (OTEC) has a theoretical potential of 180,000 MW in India subject to suitable technological evolution. The total identified potential of tidal energy in India is around 12,455 Megawatt whereas the total theoretical potential of wave energy along the country’s coast is estimated at 40,000 MW.