Periscope inputs to report on “Accelerating Energy Innovation for the Blue Economy”
Periscope partner EMEC provided insight for the new report from The Economist Intelligence Unit, entitled “Accelerating Energy Innovation for the Blue Economy”. This report examines the past, present and future of energy innovation for the blue economy, looking at the energy needs of different ocean economy sectors, assessing ground-breaking innovations and outlining an enabling environment for energy innovation within the blue economy.
Key questions are posed, such as: What is the demand for energy within the blue economy? What enablers have driven past innovations, and what were the impacts? What is the current state of marine energy innovation?
As the blue economy continues to grow, energy needs will continue to rise. At the same time, as new energy innovations emerge the potential of the blue economy to create both sustainable value and jobs can be realised through the expansion and transformation of existing markets as well as the creation of new ones.
Insights have been gleaned from three case studies alongside in-depth interviews with blue economy, energy innovation and marine energy experts, including Periscope partner EMEC, to determine the central elements needed to create an enabling environment for innovation within the ocean economy.