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
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectrical engineeringelectric energy
- engineering and technologyenvironmental engineeringenergy and fuelsfossil energynatural gas
- engineering and technologyenvironmental engineeringenergy and fuelsrenewable energyhydroelectricitymarine energywave power
- natural sciencesearth and related environmental sciencesenvironmental sciencespollution
- engineering and technologychemical engineeringseparation technologiesdesalination
Programme(s)
- H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme
- H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
- H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
Funding Scheme
SME-2 - SME instrument phase 2Coordinator
02320 Espoo
Finland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.