Project description
The dawn of utility-scale wave power
The North Atlantic’s waves carry enough energy to power entire countries. However, powerful storms make wave energy a high-risk option for investors, insurers, and utilities. Turning this unpredictable force into a reliable source of power has remained a major barrier to decarbonisation. The EU-funded POWER-Farm project aims to deploy the world’s largest wave energy farm. This 2.5-megawatt installation will feature seven advanced wave energy converters, designed to demonstrate that wave power can be both robust and scalable. The project goes beyond electricity generation. It is helping to build a full European supply chain for wave energy. It will lay the groundwork for future 100-megawatt arrays, positioning wave power as a dependable pillar of Europe’s clean energy system.
Objective
Led by CorPower Ocean, the POWER-Farm EU team will deploy the world’s largest ever wave energy farm – a 2.5MW installation composed of 7 world-leading CorPower wave energy convertors (WECs) – in the highly energetic North Atlantic ocean. This will de-risk wave energy technology, making it insurable and bankable, so that it can be deployed at large scale and play a significant role in decarbonising the EU's energy supply and advance energy security. The project will translate the EU's technology leadership in ocean energy into supply chain dominance by helping scale EU supply chain capacity, supporting strategic autonomy.
The project builds on results from CorPower’s structured development programme, which has seen an individual WEC demonstrated in open-sea in Northern Portugal since 2023. Multiples of these WECs will be demonstrated along with farm-level demonstration of control systems, electrical architecture, anchoring, and offshore operations and maintenance methodologies.
The farm's WECs will be derisked and optimised at CorPower’s dry testing facilities in advance of ocean deployment. Following this, the team will deploy the farm at the European Marine Energy Centre, the world’s leading test site for wave energy technology, which has existing onshore and offshore electrical infrastructure to connect the farm to the grid, and is pre-consented for wave energy technologies. It will operate for 15 years.
The project will also demonstrate a step-change in volume manufacturing of wave energy devices, and develop capacity to service 100s of MWs of wave energy projects by the end of the project. The team will develop a pipeline of wave energy projects to enable commercialisation and support supply chain development.
The project will incorporate a best-in-class environmental monitoring programme, gathering knowledge on the impacts of wave energy farms for the first time.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels renewable energy hydroelectricity marine energy wave power
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.2.5 - Climate, Energy and Mobility
MAIN PROGRAMME
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HORIZON.2.5.2 - Energy Supply
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-IA - HORIZON Innovation Actions
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-CL5-2024-D3-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
126 30 HAGERSTEN
Sweden
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.