Annual Report 2017

Work Programme

The OES is self-financed by the participants, either through financial and/or in-kind contributions. The participants themselves decide whether cost-sharing, task-sharing or a combination of both is most appropriate. Under the cost-sharing approach, each participant contributes to a common fund which can then be used to finance activities under the OES’s programme of work; under the task-sharing approach, each participant contributes resources in-kind.

In 2017, OES had 10 active co-operative tasks bringing together experts from industry, government, and research institutions around the world to exchange information and participate in various research activities (Table 3).

Two tasks were approved in 2017 by the Executive Committee: Task 12 on Stage Gate Metrics for Ocean Energy and Task 13 on Numerical Code Validation for Tidal Energy, both of which will formally begin in 2018. The ExCo also approved a new study on the Cost of Energy, as a continuation of the work done in 2016 under task 7.

Further, three proposals for new activities were discussed in the last ExCo meeting addressing ocean energy in insular conditions, ocean energy jobs creation and open water testing. These proposals are presented in chapter 2.