Project description
Increasing the reliability of wave energy in Europe
To combat climate change and mitigate its effects, the EU and other European organisations are actively supporting the green transition by funding, promoting, and introducing innovative green solutions. While wave energy is a promising green energy solution, it faces challenges related to market confidence, bankability, and insurability. The EU-funded ONDEP project will develop and establish a 2 MW farm composed of four WaveRoller units connected to the grid in Peniche, Portugal, leveraging the site’s expertise and resources. The project will then replicate the requirements and challenges of a large-scale wave farm and build a reliable end-to-end European supply chain for gigawatt-scale deployment across Europe.
Objective
The untapped potential of wave energy emerges as a promising horizon projected to reach up to 1,800 TWh per year in Europe. However, full operational conditions of a wave energy farm are required to improve market confidence and increase the bankability and insurability of wave energy commercial projects.
In this context, ONDEP aims at setting up a 2MW farm composed of 4 WaveRoller units connected to the grid in Peniche, Portugal. This will leverage +10 years of experience at this site - including two years of full-scale demonstration of the patented and certified WaveRoller unit (2019-2021).
Over five years and a half, ONDEP aims at emulating the needs and technical challenges of future extra large-scale wave farms, while establishing a complete end-to-end European supply chain for GW-scale deployment in Europe. It also includes the first comprehensive environmental analysis spanning several decades for wave energy production. ONDEP is a pathway to scale up wave energy farms: in the short term and by 2030, the project expects to unlock 11 farms in 8 countries across 4 continents, with a cumulative 83 MW capacity (MoUs and support letters already signed) and a GWP <25 gCO2eq/kWh. Beyond 2035, the expected LCOE (<100€/MWh) will pave the way towards a sustainable blue economy creating up to 500,000 jobs in Europe.
To achieve its ambitious goals, ONDEP involves 9 countries and 14 leading organisations covering the whole end-to-end value chain of the wave energy sector.
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.
BT7 1NN BELFAST
United Kingdom
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.