OceanSET is a Horizon 2020 project, that will provide support during the Discovery Phase of the ocean energy SET Plan IP. At this stage, the SET Plan IP will  devise a collective monitoring approach by the Members States and Regions and agree an oversight management process for projects and funding, focusing on wave and tidal technologies.

The key objectives of the project are:

• Facilitate the implementation of the technology development actions of the Implementation Plan and provide support to the Implementation Working Group,
• Promote knowledge sharing across the European Commission, Member States, Regions and other stakeholders in the ocean energy sector,
• Investigate collaborative funding mechanisms between Member States and Regions.

Ocean SET will produce a total of three annual progress reports on the ocean energy sector, based on the collection of information on various aspects (policies, technical, financial, and environmental), on the analysis of the data collected and its gap analysis, on the monitoring of the evolution of the state of the art in order to provide recommendations in key areas of research and industry.