The Strategic Plan for Development and Support of New and Renewable Energy
such as Ocean Energy announced by the Ministry of Oceans and Fisheries (MOF) in 2017. The MOF plan includes a 2030 Development Plan for Ocean Energy. In addition, the MOF 2017 plan has four strategies and it is summarized as follows:
Strategy 1: Expansion of R&D in ocean energy and establishment of real sea test bed.
Strategy 2: Construction of large-scale ocean energy farm.
Strategy 3: Enter the global market and expand domestic supply.
Strategy 4: Establishment of certification system and strengthening of policy support.