This report analyzes the Global market for Ocean Energy in Megawatts and US$ Million. Annual estimates and forecasts are provided for the period 2006 through 2015. The report profiles 56 companies including Atlantis Resources Corporation Pte Limited, Marine Current Turbines, Oceanlinx Limited, Ocean Power Technologies, Inc., OpenHydro Group, Pelamis Wave Power Ltd., and Verdant Power, Inc.  Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

TABLE OF CONTENTS

OCEAN ENERGY									MCP-6316
A GLOBAL MARKET REPORT


                                        CONTENTS



  I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-3
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3
       Wave Energy                                                      I-3
       Tidal Energy                                                     I-3
       Ocean Thermal Energy Conversion                                  I-4
       Salt Energy                                                      I-4


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW                                                  II-1
      Renewable Energy Industry                                         II-1
      Introduction to Ocean Energy                                      II-1
      State of Ocean Energy Industry                                    II-2
       Current and Future Analysis                                      II-2
       Key Trends in a Nutshell                                         II-2
       Types of Ocean Energy                                            II-2
        Wave Energy                                                     II-2
        Tidal and Marine Currents                                       II-3
        Tidal Barrages                                                  II-3
        Ocean Thermal Energy Conversion (OTEC)                          II-3
        Salinity Gradient (Osmotic Energy)                              II-3
        Marine Biomass                                                  II-3
      The Potential of Ocean Energy                                     II-3
       Table 1: Global Ocean Energy Market: Expected Annual Resource
       (in TW Per Hour) by Approach Type- Wave Energy, Tidal Energy,
       Osmotic Energy, and Ocean Thermal Energy                         II-4
       Fast Facts                                                       II-4
        Table 2: Global Ocean Energy Market: Breakdown of
        Exploitable Ocean Energy (in '000 TWh Per Annum) with
        Currently Available Technology by Approach Type - Wave
        Energy, Tidal Energy, Salinity Gradient Energy, and Ocean
        Thermal Energy (includes corresponding Graph/Chart)             II-4
      Major Trends                                                      II-5
       Increasing Investments in Research & Development                 II-5
        Table 3: Global Ocean Energy Market (2005, 2030 and 2050:
        Breakdown of Range of Investment Cost (In US$/KW) for Ocean
        Energy Projects by Segment                                      II-5

        Table 4: Global Ocean Energy Market (2005, 2030, and 2050):
        Range of Production Cost (In US$/KW) for Ocean Energy
        Projects by Segment                                             II-6
       Wave and Tidal Approaches Playing Major Role                     II-6
        Similarities Between Approaches                                 II-6
        Wave Energy: Dominates All Approaches                           II-6
         Increasing Government Support                                  II-7
         Future Looks Bright                                            II-7
         Europe: Dominates Technology Development                       II-7
         The United Kingdom: Global Leader                              II-7
      Ocean Energy: Opportunities and Challenges                        II-8
       Opportunities                                                    II-8
        Decades of Dedication                                           II-8
        Huge Potential                                                  II-8
        Predictability and Abundant Resources Edge Out Other
         Renewable Energy Sources                                       II-8
        Reducing Dependence on Exhaustible Energy Sources               II-8
        Low Production Cost                                             II-9
       Challenges                                                       II-9
        Extensive Support Required for R&D                              II-9
        Maintenance Problems                                            II-9
        High Infrastructure Cost                                        II-9
        Environmental Problems & Concerns                               II-9
        Unforeseen Expenditure                                          II-10
        Technological Challenges                                        II-10
        Non-Technological Barriers                                      II-10
         Grid Connection                                                II-10
         Regulatory Structure                                           II-10
         Financial Motivation                                           II-11
         Other Barriers                                                 II-11
      Industry Firsts                                                   II-11
      Status of Technology                                              II-11

  2. TIDAL POWER                                                        II-12
      Overview                                                          II-12
      Evolution of Tidal Power                                          II-12
      Methods of Energy Conversion                                      II-12
       Tidal Barrage                                                    II-12
        Table 5: Worldwide Major Locations with Mean Tidal Range >5
        Meters (includes corresponding Graph/Chart)                     II-13
        Major Drawbacks of Barrage System                               II-14
         Limited Area                                                   II-14
         Environmental Hazards                                          II-14
       Tidal Streams                                                    II-14
      Tidal Energy: Abundant Resources Despite Technology Barriers      II-15
      Tidal Power and Science                                           II-15
      Potential of Tidal Power                                          II-15
      Advantages and Disadvantages                                      II-15
       Inexhaustible and Highly Reliable                                II-15
       Cost and Environmental Concerns                                  II-16
      Application of Tidal Power                                        II-16
      Projects Initiated                                                II-17
       Table 6: Select Tidal Projects Worldwide (2008)                  II-18
       Table 7: Global Ocean Energy Industry (2008): Breakdown of
       Tidal Energy Installations by Technology (Capacity in MW)
       (includes corresponding Graph/Chart)                             II-18
       First-generation Tidal Power Plants                              II-19
        Drawbacks                                                       II-19
       Second-Generation or Tidal Current Devices                       II-19
        Advantages                                                      II-19
      Future Perspective of Tidal Energy                                II-20

  3. WAVE POWER                                                         II-21
      Market Overview                                                   II-21
       Availability of Wave Energy                                      II-21
       Major Resources                                                  II-22
       Potential of Wave Power                                          II-22
       Advantages of Wave Energy                                        II-22
       Challenges Faced by Wave Energy Power Facilities                 II-22
       Technology Overview                                              II-23
        Oscillating Water Column (OWC)                                  II-23
        Point Absorption Devices                                        II-23
        Attenuator                                                      II-23
        Overtopping Devices                                             II-23
         Table 8: Global Ocean Energy Market (2009): Status of Wave
         Energy Scaling Technologies by Type                            II-24

         Table 9: Global Ocean Energy Market (2008): Breakdown of
         Wave Energy Installations by Technology (Capacity in MW)
         (includes corresponding Graph/Chart)                           II-24
      Technology Development: UK and Portugal Lead the Way              II-25
      Select Wave Power Projects by Country                             II-25
       US                                                               II-25
       UK                                                               II-26
       Ireland                                                          II-26
       Scotland                                                         II-26
       Hawaii                                                           II-26
       Portugal                                                         II-26

  4. SALT POWER                                                         II-27
      Introduction                                                      II-27
      Resources                                                         II-27
       Table 10: Major Resources of Osmotic Energy Worldwide
       (includes corresponding Graph/Chart)                             II-27
      Technology Development                                            II-28
      Major Projects                                                    II-28

  5. OCEAN THERMAL ENERGY                                               II-29
      Introduction                                                      II-29
      Mechanism                                                         II-29
      State-of-the-Art                                                  II-29

  6. MAJOR WAVE & TIDAL ENERGY PROJECTS                                 II-31
      The United Kingdom                                                II-31
      North America                                                     II-31

  7. COMPETITIVE SCENARIO                                               II-32
      Global Ocean Energy Market: Breakdown of Market Participants
       in the Wave Power Segment by Technology                          II-32
      Table 11: Global Ocean Wave Energy Market: Percentage
      Breakdown of Technology Adoption by Market Participants
      (includes corresponding Graph/Chart)                              II-33
      Global Ocean Energy Market: Breakdown of Market Participants
       in the Tidal Power Segment by Technology                         II-34
      Table 12: Global Ocean Tidal Energy Market: Percentage
      Breakdown of Technology Adoption by Market Participants
      (includes corresponding Graph/Chart)                              II-34

  8. REGIONAL MARKETS                                                   II-35
      North America                                                     II-35
       The United States                                                II-35
        Ocean Energy Gaining Momentum                                   II-35
        Research and Development                                        II-35
        Major Funding in the Recent Past                                II-35
        Wave Energy Market                                              II-36
         OPT: The First Company to Issue IPO                            II-36
        Tidal Energy                                                    II-36
        Ocean Thermal Energy Conversion                                 II-37
       Canada                                                           II-37
        Focusing on Waves and Tides                                     II-37
        Leads Tidal Energy Resources                                    II-37
         Nova Scotia                                                    II-38
         New Brunswick                                                  II-38
        Status of Wave Energy                                           II-38
         Holds Promise Despite Limited Development                      II-38
      Europe                                                            II-39
       Ocean Energy Experiences Recession Effect                        II-39
       Focus on Select European Markets                                 II-39
        Denmark                                                         II-39
         Wave Energy                                                    II-39
        Finland                                                         II-39
         Wave Energy                                                    II-39
        France                                                          II-40
         Tidal Energy                                                   II-40
        Germany                                                         II-40
         Wave Energy                                                    II-40
        Greece                                                          II-40
         Wave Energy                                                    II-40
        Norway                                                          II-40
         Tidal Energy                                                   II-40
         Wave Energy                                                    II-41
        Portugal                                                        II-41
         Wave Energy                                                    II-41
          Pelamis Wave Power                                            II-41
          WaveRoller                                                    II-41
        Russia                                                          II-41
         Tidal Energy                                                   II-41
        Spain                                                           II-42
         Wave Energy                                                    II-42
        Sweden                                                          II-42
         Wave Energy                                                    II-42
        The United Kingdom                                              II-42
         Leads the Ocean Energy Industry                                II-42
         Reviving Interest in Marine Energy                             II-42
         Challenges Faced by the Marine Energy Market                   II-43
         Marine Energy Market Attracting Private Investors              II-43
         Tidal Energy                                                   II-43
          Select Tidal Energy Projects                                  II-44
           Eday Island                                                  II-44
           Alderney Island                                              II-44
           Northern Ireland                                             II-44
           The Skerries                                                 II-44
           Pentland Firth                                               II-44
         Wave Energy                                                    II-44
          Select Wave Energy Projects                                   II-45
         Scotland: A Major Market                                       II-45
          Wave Energy                                                   II-45
         Ireland                                                        II-46
          Wave Energy                                                   II-46
           Wavebob Ltd.                                                 II-46
           Ocean Energy                                                 II-46
      Asia-Pacific                                                      II-46
       Australia                                                        II-46
        Wave Energy                                                     II-46
         Port Kembla                                                    II-47
         Fremantle                                                      II-47
         King Island                                                    II-47
       China                                                            II-47
        Tidal Energy                                                    II-47
        Wave Energy                                                     II-48
       India                                                            II-48
        Tidal Energy                                                    II-48
        Wave Energy                                                     II-49
        Ocean Thermal Energy Conversion                                 II-49
       Japan                                                            II-49
        Wave Energy                                                     II-49
       Korea                                                            II-50
        Tidal Energy                                                    II-50
       Sri Lanka                                                        II-50
       The Philippines                                                  II-50
      Rest of World                                                     II-50
       Cuba                                                             II-50
        Ocean Thermal Energy Conversion                                 II-50
       French Polynesia                                                 II-51
        Ocean Thermal Energy Conversion                                 II-51
       Mexico                                                           II-51
        Wave Energy                                                     II-51
       Palau                                                            II-51
        Ocean Thermal Energy Conversion                                 II-51
       Puerto Rico                                                      II-51
        Ocean Thermal Energy Conversion                                 II-51
       South Africa                                                     II-52
        Wave Energy                                                     II-52

  9. CONCEPTS OF OCEAN ENERGY                                           II-53
      Ocean Energy                                                      II-53
      Types of Ocean Energy                                             II-53
       Marine Renewable Energy                                          II-53
       Marine Non-renewable Energies                                    II-53
      Ocean Energy Extraction                                           II-53
       Mechanical Energy                                                II-53
       Thermal Energy                                                   II-54
        Electricity Conversion Systems                                  II-54
        Ocean Thermal Energy Conversion (OTEC)                          II-54
       Wave Energy                                                      II-54
       Tidal Energy                                                     II-55

  10. RECENT INDUSTRY ACTIVITY                                          II-56
      Renewable Energy Holdings to Acquire Stake in Carnegie
       Corporation                                                      II-56
      Statkraft Acquires Stake in Atlantis Resources                    II-56
      Vattenfall Takes Over Interest in Irish Company                   II-56
      Crescent Point Takes Over Wave Energy                             II-56
      Orecon Becomes a Member of UK Wave Hub                            II-57
      Atlantis Resources to Experiment World's Largest Tidal Turbine    II-57
      Pulse Tidal Unveils New Prototype Tidal Energy System             II-57
      Aquamarine Power Rolls Out Hydro-Electric Wave Energy Device      II-57
      Nova Scotia to Establish Tidal Energy Facility                    II-57
      Ocean Power Technologies Collaborates with Lockheed Martin        II-58
      Voith Hydro Forms Joint Venture with RWE Innogy                   II-58
      Port of Hanstholm and University of Aalborg to Deploy New Wave
       Energy Centre                                                    II-58
      Florida Atlantic University Obtains Federal Grant                 II-58
      Atlantis Resources Forges Deal with Gujarat Government            II-59
      Om Sai Mantra Powergen to Establish Power Plant                   II-59
      Orecon Enters into Joint Venture with Eneólica                    II-59
      Voith Hydro and RWE Innogy Enter into Joint Venture               II-59
      Aquamarine Power Enters into Partnership with Airtricity          II-60
      Marine Current Turbines Enters into Partnership with Minas
       Basin Pulp and Power Company                                     II-60
      Orecon and Estaleiros Navais Do Mondego Sign Construction
       Agreement                                                        II-60
      Biopower Systems to Explore Wave Energy Generation from
       Pacific Ocean                                                    II-60
      Ocean Power Technologies and Lockheed Martin Sign Agreement       II-60
      AW-Energy Receives Contract from the European Union               II-61
      Ocean Power Technologies Inks Agreement with South West
       Regional Development Agency                                      II-61
      The Crown Estate and Marine Current Turbines Ink Agreement        II-61
      Vattenfall Signs Agreement with Wavebob                           II-62
      EDF Energy Nouvelles Signs Agreement with Renewable Energy
       Holdings                                                         II-62
      Pacific Gas and Electric Company and Finavera Renewables Ink
       Agreement                                                        II-62
      Lockheed Martin Secures Contract from U.S. Navy                   II-62
      Voith Siemens Hydro Power Generation to Change Name to Voith
       Hydro                                                            II-62
      Rentricity to Install Energy Recovery System                      II-63
      PWP Obtains Order from E.on for Wave Energy Converter             II-63
      Dresser-Rand and Orecon Ink Memorandum of Understanding           II-63
      Ocean Power Technologies Inks Agreement with Lockheed Martin      II-64
      Alstom Hydro Signs Agreement with Clean Current Power Systems     II-64
      Ocean Power Technologies Inks Agreement with Japan Wind
       Development, Mitsui Engineering & Shipbuilding, and Idemitsu
        Kosan                                                           II-64
      Ocean Power Tech Inks Agreement with Griffin Energy               II-65
      BioPower Signs Agreement with Siemens                             II-65
      Atlantis Resources Takes Over Morgan Stanley's Business           II-65
      Emera Acquires Stake in OpenHydro Group                           II-66
      Ocean Power Technologies Inks Agreement with Leighton Contractors II-66
      Ocean Power Technologies Enters into Agreement with Griffin
       Energy                                                           II-66
      Federal Energy Regulatory Commission Approves Installation and
       Licensing of Hydrokinetic Power Station                          II-66
      Ocean Power Technologies Signs Agreement with Leighton
       Contractors                                                      II-67
      Lockheed Martin Enters into Partnership with Industrial
       Technology Research Institute                                    II-67
      Atlantis and CLP Sign Memorandum of Understanding                 II-67
      Aquamarine Power Invests in Ocean Flow Energy                     II-68
      IBERDROLA Enters into Agreement with Tecnalia                     II-68
      SDE ENERGY and DESALINATION Ink Agreement                         II-68
      EDF to Build Tidal Turbine System                                 II-68
      Korea to Set Up Power Plant                                       II-68
      ESB Independent Energy Inks Power Purchase Agreement              II-69
      NYC Deploys Aluminum Alloy Turbine                                II-69

  11. FOCUS ON SELECT DEVICE DEVELOPERS                                 II-70
      Atlantis Resources Corporation Pte Limited (Singapore)            II-70
      Marine Current Turbines (UK)                                      II-70
      Oceanlinx Limited (Australia)                                     II-70
      Ocean Power Technologies, Inc. (USA)                              II-71
      OpenHydro Group (UK)                                              II-71
      Pelamis Wave Power Ltd. (UK)                                      II-72
      Verdant Power, Inc. (US)                                          II-72

  12. GLOBAL MARKET PERSPECTIVE                                         II-73
      Table 13: World Recent Past, Current & Future Analysis for
      Ocean Energy - Installed Ocean Energy Capacity in Megawatts
      for Years 2006 through 2015 (includes corresponding
      Graph/Chart)                                                      II-73

      Table 14: World Recent Past, Current & Future Analysis for
      Ocean Energy - Annual Revenues in US$ Million for Years 2006
      through 2015 (includes corresponding Graph/Chart)                 II-73


 III. COMPETITIVE LANDSCAPE

    Total Companies Profiled: 56 (including Divisions/Subsidiaries - 60)

     ------------------------------------------
     Region/Country                     Players
     ------------------------------------------
     The United States                     6
     Canada                                8
     Europe                               39
      France                               2
      Germany                              5
      The United Kingdom                  13
      Spain                                3
      Rest of Europe                      16
     Asia-Pacific (Excluding Japan)        6
     Middle East                           1
     ------------------------------------------