Objective
Wave energy convertors (WEC) capture the energy contained in ocean waves and use it to generate electricity. The use of wave energy provides the opportunity to generate energy at a wide range of locations throughout Europe, which will strengthen the stability of Europe’s energy networks. WEC developers have still not achieved a lower cost of energy through a viable and competitive technology. Ocean Harvesting Technologies AB (OHT) was founded in 2007 and develops an innovative and patented hydraulic collection system and storage technology for wave energy arrays. The power captured by wave energy converters (WEC) is pumped in the form of pressurized fluid through a piping system to a central tower, where the collected power is first smoothed by the novel OH energy storage device and then converted into electricity. OHTs vision is that their technology will solve the problems with current centralized hydraulic collection systems through a more efficient solution and ultimately lead to lower cost of energy. Besides generating efficient and even power, the simplicity of the OH design will allow better protection in rough conditions, and make its manufacture impressively cost-efficient. OHTs energy storage technology will not only remove the intermittent nature of wave energy but turn wave farms into flexible power plants. OHT have raised 3,2 M EUR in private equity to date.
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.
- natural sciences chemical sciences electrochemistry electric batteries
- natural sciences chemical sciences inorganic chemistry alkali metals
- engineering and technology environmental engineering energy and fuels renewable energy hydroelectricity marine energy wave power
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
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.
-
H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
See all projects funded under this programme -
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
See all projects funded under this programme
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.
SME-1 - SME instrument phase 1
See all projects funded under this funding scheme
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) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
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.
371 75 KARLSKRONA
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.