This book describes a methodology for early fault detection and diagnostics in an ocean turbine using vibration analysis and Finite Element Modeling. This methodology relies on the use of advanced methods for machine vibration analysis and health monitoring. Because of some issues encountered with traditional methods such as Fourier analysis for non stationary rotating machines, the use of more advanced methods such as Time-Frequency Analysis is required. This book also includes the development of two LabVIEW models. The first model combines the advanced methods for on-line condition monitoring. The second model performs the modal analysis to find the resonance frequencies of the sub-systems of the turbine. The dynamic modeling of the turbine using Finite Element Analysis is used to estimate the baseline of vibration signals in sensors locations under normal operating conditions of the turbine. All this information is necessary to perform the vibration condition monitoring of the machine.