Objective
Wello has developed and patented a concept which is able to convert the movement of waves into electric energy without
any hydraulic joints and gears. The idea of Wello’s Power Module innovation is to combine vessel stabilization, damping and
power production into one electro-mechanical device. This is achieved by installing Power Modules to the ship and other
floating vessels. Power Modules are optimized either for providing energy to the process or for stabilizing the vessel
movement. The difference between working principle is done by configuring user software and in some cases by
dimensions. In Wello’s Power Module, the power take-off unit (PTO), consists of an eccentric spinning mass that rotates
around the vertical generator axis. The innovation has been developed in small and full scale in EMEC (European Marine
Energy Centre) at Orkney Islands during last several years.
The clients of this innovation are cruise liner and other ship owners and operators, offshore oil&gas field operators as well as
emerging small scale offshore power users like fish farms, desalination process stations, algae cultivation and remote island
systems. The market size is several billion Euros. Stabilization for vessels is needed for health and safety reasons.
Renewable energy replacing CO2 emissions and other pollution at vessels.
Objective of this project is to demonstrate the concept in full scale and in operational environment, and to create full
production capability. Outcome of this project is 300kW ocean energy generator. It can be installed into different vessel types
and it produces stable electricity always when there are waves.
Wello will make ocean energy feasible by offering a cost effective solution that is able to provide renewable energy at
competitive cost. It offers stabilization and damping for vessels which other competing renewable energy sources cannot
deliver. The innovation will deliver significant growth, jobs and investments for Europe.
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 electrical engineering, electronic engineering, information engineering electrical engineering electric energy
- engineering and technology environmental engineering energy and fuels fossil energy natural gas
- engineering and technology environmental engineering energy and fuels renewable energy hydroelectricity marine energy wave power
- natural sciences earth and related environmental sciences environmental sciences pollution
- engineering and technology chemical engineering separation technologies desalination
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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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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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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.
SME-2 - SME instrument phase 2
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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) 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.
02320 Espoo
Finland
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.