Wave Power gets subsidy for large-scale technology testing

Renewables – Wave Power

Dutch Wave Power has received a subsidy of over €99,000 for large-scale testing and demonstration of its technology in the North Sea offshore Scheveningen.

The company develops technology to convert energy from waves at sea into electrical energy or hydrogen.

The subsidy from the Wadden fund (Waddenfonds) is co-financing of the Offshore For Sure (O4S) project, in which 15 partners from Flanders and the Netherlands participate to accelerate the energy transition at sea.

Dutch Waver Power generates electricity with a cylindrical float that lies at sea level. The waves moving up and down cause the float to rotate and the rotation is converted into electricity by a generator built into the float.

Research is underway at a test location near Scheveningen into how much energy the system generates from wave action in practice and what the technology does in difficult weather conditions. The security of supply, the ecological effects and the affordability of the technology are also examined.

The test is expected to provide insight into the market maturity and the chances of further rollout of the technology.

Original Source: https://ocean-energyresources.com/2024/04/07/wave-power-gets-subsidy-for-large-scale-technology-testing/