ABSTRACT
The ocean energy is a dynamic, new-frontier renewable sector with enormous potential for future development that continues to make significant techno-innovatory advances. Ocean energy exploits the kinetic, thermal, or chemical energy of seawater, converting this into electricity generation or other forms of usable power. Ocean energy development has significantly benefitted from techno-innovatory advances in marine engineering, such as in material science, construction, submarine cables and communications, and anti-corrosion technologies. Ocean energy's future looks far more promising in South Korea, China, and Japan. The Green Growth Strategy (GGS) new National Energy Plan introduced a multi-phase ocean energy strategy and roadmap with ambitious techno-innovatory and installation objectives set over the two-decade plan period. At the same time, it is likely to make only limited contributions to delivering the cleaner energy and lower carbon development in East Asia, and globally into the foreseeable future, due to its relatively small size.
