A wave energy project, called WEDUSEA, has received formal approval from the European Union to move towards the commercialization of this innovative energy source. This marine project becomes an ideal option for future maritime companies and consortiums.
The wave energy project and applied tests
With a total value of €19.6 million, the project involves 14 partners from the UK, Ireland, France, Germany and Spain. It is coordinated by OceanEnergy, an Irish company with experience in the sector, and co-financed by the Horizon Europe program and Innovate UK.
The project will demonstrate a 1 MW floating wave energy converter called “OE35” at the European Marine Energy Centre (EMEC) marine energy test site in Orkney, Scotland. Over two years, the converter will be evaluated in the extreme conditions of the Atlantic to ensure its performance and commercial viability. The device has the potential to harness wave energy, which, according to estimates, could produce 10 times Europe’s annual electricity consumption.
The OE35 device is the largest of its kind and is designed to“capture energy from the oscillation of water” beneath the ocean surface. Its success would mark a technological breakthrough, and could also lay the groundwork for the mass commercialization of wave energy. wave energyThe success of the project would be a technological breakthrough, and could also lay the groundwork for the mass commercialization of wave energy, driving the energy transition to renewable sources.
Project phases
- Design and construction: Adaptation of the device to operate in Orkney’s oceanic conditions.
- Technical and environmental demonstration: Conducting a series of tests, over the course of two years, at the EMEC site.
- Commercialization: Exploitation and capitalization of results for future expansion to a larger scale.
The WEDUSEA wave energy project. Source: WEDUSEA
This project strengthens Europe’s moves into renewable energy and its commitment to decarbonization and technological innovation. Construction of the converter will begin in the second half of 2024, and operational testing is scheduled for June 2025.
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Source: WEDUSEA
Photo: OceanEnergy