Lead institution:
Korea Institute of Ocean Science and Technology (KIOST) – South Korea
The sustainable use of Ocean Energy and attainment of a circular economy are crucial when achieving SDGs in SIDS when transitioning from a fossil fuel-based economy to a Blue Economy.
The potential amount of Ocean Energy is around 76,350TWh, twice the global electric power demand. Ocean Energy allows securing resources and establishing a circular economy through sector coupling based on electricity, heat, water, and hydrogen in coastal areas. The sustainable development and usage of Ocean Energy can strengthen SDG14-related resilience in SIDS.
In order to accelerate and raise efficiency of global research developments and demonstration projects on putting ocean-based renewable energy into practical use, we need an international platform dealing with data exchange, technology transfer, test application, and knowledge sharing. Thus, we would like to start a living lab demonstration program on knowledge sharing with SIDS through international cooperation and spread its contents.
Start Date: 01/01/2023
End Date: 12/31/2030
Lead Contact: Jin-Hak Yi (yijh@kiost.ac.kr)