The International Energy Agency (IEA) was created in 1974 in response to the oil crisis. The IEA is an autonomous intergovernmental organization based in Paris, France, and acts as an energy policy advisor to its 29 member countries.
International energy technology cooperation can provide a cost-effective way to help guarantee energy security and address climate change issues. The IEA encourages such international collaboration in a variety of areas, including renewable energy technologies, through a network of 42 Technology Collaboration programmes (TCPs). The TCPs provide a management framework and legal mechanism for guiding the IEA’s collaborative program activities.
The Technology Collaboration Program for Ocean Energy Systems (OES) is one of these collaborative programmes, embracing the full range of Ocean Energy Technologies: Wave, Tidal Range, Tidal and Ocean Currents, Ocean Thermal Energy Conversion (OTEC) and Salinity Gradients.
OES’s ultimate goal is to collaborate to accelerate technology development to commercialization, identifying key opportunities and challenges, acting effectively and avoiding duplication.