According to the JRC Ocean Energy Status Report 2016, Europe is the global leader in the development of ocean energy technologies, hosting most of global developers (52% of tidal stream and 60% of wave energy developers). However, the installation of ocean energy devices is taking place at a slower pace than expected, with only 14MW of ocean energy installed capacity at the end of 2016, instead of 641MW declared by the EU Member States in their national renewable energy action plans.
Read the report and other publications: https://oceanenergy-sweden.se/publications
Source: https://ec.europa.eu/jrc/en/news/jrc-ocean-energy-status-report-2016-edition