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Wave Predictor

Objective

Offshore waves are irregular and unpredictable. The only way offshore operations can be managed safely is through a combination of elaborate statistics and large safety margins. These have been inalienable truths for all offshore operations and vessels for decades.
Some progress has been made in radar technology to analyze surrounding wave spectra real-time, and calculate the probability that a too high wave arises. This is the current state-of-the art in offshore technology, but has several consequences and limitations for operational safety and costs:

- “Safe” is still not 100% safe; a 1/1000 probability that a critical wave height is exceeded is often deemed acceptable. Far from land and handling expensive equipment, the consequences of accidents can be large (millions of euros, injury or death), another reason for the large safety margins;
- Double costs regularly arise when conditions are deemed safe and a transport or operation is started, but subsequently abandoned empty-handed;
- Opportunity costs are enormous as well, due to lost working hours when there would have been plenty safe operational windows - if only they were known upfront.
Next Ocean has developed a world-wide unique technology to predict (critically high) waves 3 minutes in advance. Their Wave Predictor, which is the result of more than ten years of research, contains unique “deciphering” and predictive algorithms for upcoming waves and the resulting ship motions. The WP predicts exactly when and where dangerously high waves, enabling users to anticipate proactively in time.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

NEXT OCEAN BV
Net EU contribution

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.

€ 50 000,00
Address
PAARDENMARKT 1
2611 PA Delft
Netherlands

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 71 429,00
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