Bringing wave power to a cost competitive level and commercial scale

Project description

Putting wave power technology on the path to commercial availability

Ocean waves contain tremendous energy potential. A host of challenges, including the difficulty of designing a device that can withstand the tough ocean conditions, have stymied efforts to generate electricity from the sea. The EU-funded Wave Scale project is developing an innovative wave energy converter that automatically recognises the different types of ocean waves, alerting the relevant system to either raise the floaters above the water level or submerge them for protection. The device will be entirely modular and produced in units of 1 MW. Once deployed at a large scale, it promises to deliver electricity at a levelised cost of energy between EUR 50 and EUR 90.

Fields of science

• engineering and technology › environmental engineering › energy and fuels › renewable energy › hydroelectricity › marine energy › wave power
• social sciences › economics and business › business and management › commerce

Programme(s)

• H2020-EU.3. - PRIORITY 'Societal challenges
• H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
• H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies

Topic(s)

• EIC-SMEInst-2018-2020 - SME instrument

Call for proposal

H2020-SMEInst-2018-2020-1
See other projects for this call

Funding Scheme

SME-1 - SME instrument phase 1

Coordinator

ECO WAVE POWER LTD

Address

16 Homa U'migdal St.
6777116 Tel Aviv
Israel

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

EU contribution

€ 50 000