OUR GREAT MINDS

by Tina Olivero

Wave Energy: Top Companies Harnessing the Power of Wave Innovation

Wave energy is a renewable energy source that harnesses the power of ocean waves to generate electricity. The following are the steps involved in generating electricity from wave energy:

  1. Capturing the Energy of Waves

Wave energy is captured using devices that are placed on the surface of the ocean or submerged in the water. These devices are designed to move with the motion of the waves and convert the kinetic energy of the waves into mechanical energy.

  1. Converting Mechanical Energy to Electrical Energy

The mechanical energy generated by the wave energy devices is converted into electrical energy using a generator. The generator is connected to the device and converts the mechanical energy into electrical energy.

  1. Transmitting Electricity to Shore

The electricity generated by the wave energy devices is transmitted to shore using an underwater cable. The cable connects the device to an onshore substation, where the electricity is converted into a form that can be used by homes and businesses. There are several methods for harnessing wave energy, including:

  1. Placing electricity generators on the surface of the ocean
  2. Utilizing the up and down motion of waves to power pistons/turn generators
  3. Using submerged buoys to capture the energy of ocean waves
  4. Using submerged panels to capture the energy of ocean waves
  5. Attaching floaters to existing structures such as breakwaters, piers, or jetties to capture the energy of ocean waves.

Wave energy is a renewable source of energy that produces fewer carbon emissions than traditional sources of energy such as fossil fuels. It is also a promising alternative to traditional sources of energy that release harmful carbon emissions into the air when harnessed for energy.

Wave energy is a promising renewable source of energy that has great potential for generating clean electricity from ocean waves. Here are five leading wave energy companies that are generating electricity from ocean waves.

  1. Ocean Power Technologies (OPT)

Ocean Power Technologies (OPT) is a leading wave energy company that develops and commercializes innovative systems that generate electricity from ocean waves. OPT’s PowerBuoy® system is a patented technology that uses the motion of waves to generate electricity. The system consists of a buoy that floats on the surface of the water and is anchored to the seabed. The buoy contains a power take-off system that converts the motion of the waves into electricity, which is then transmitted to shore via an underwater cable.

Offshore wind is a quickly growing focus area for renewable energy supply. Autonomous OPT solutions can provide cost-effective assistance through all phases of site planning and development to safe and secure operations.

  1. Carnegie Clean Energy

Carnegie Clean Energy is an Australian wave energy company that develops and commercializes innovative wave energy technologies. Carnegie’s CETO® technology is a patented system that uses submerged buoys to capture the energy of ocean waves. The buoys are connected to pumps that drive high-pressure water through onshore turbines, generating electricity.

Carnegie is the owner and developer of the CETO® technology, which captures energy from ocean waves and converts it into electricity.
They use the latest advances in artificial intelligence and electric machines to optimally control the device and generate electricity in the most efficient way possible
  1. CorPower Ocean

CorPower Ocean is a Swedish wave energy company that develops and commercializes innovative wave energy technologies. CorPower’s Wave Energy Converter (WEC) is a patented system that uses a buoyant structure to capture the energy of ocean waves. The WEC consists of a buoyant structure that oscillates in resonance with the incoming waves, driving a power take-off system that generates electricity.

Cofounder and CEO of CorPower Ocean, Patrik Möller, says, “With its consistent and complementary production profile, wave energy helps plug the voids of wind and solar and brings stability to a future powered entirely by renewables. By taking on this critical role of providing stability, wave energy can make a major contribution to addressing climate change – and to help end our dependency on fossil fuels.”

Cofounder and CEO of CorPower Ocean, Patrik Möller
  1. AW-Energy

AW-Energy is a Finnish wave energy company that develops and commercializes innovative wave energy technologies. AW-Energy’s WaveRoller® technology is a patented system that uses a submerged panel to capture the energy of ocean waves. The panel moves back and forth with the motion of the waves, driving a hydraulic piston that generates electricity.

WaveRoller is a device that converts ocean wave energy to electricity. The machine operates in near-shore areas (approximately 0.3-2 km from the shore) at depths of between 8 and 20 meters. Depending on tidal conditions it is mostly or fully submerged and anchored to the seabed. A single WaveRoller unit (one panel and PTO combination) is rated at between 350kW and 1000kW, with a capacity factor of 25-50% depending on wave conditions at the project site.
The technology can be deployed as single units or in farms.
  1. Eco Wave Power

Eco Wave Power is an Israeli wave energy company that develops and commercializes innovative wave energy technologies. Eco Wave Power’s technology uses floaters attached to existing structures such as breakwaters, piers, or jetties to capture the energy of ocean waves. The floaters move up and down with the motion of the waves, driving hydraulic pumps that generate electricity.


Eco Wave Power installed its systems in the onshore and nearshore environment
by attaching the system to marine structures, such as breakwaters.


The top wave energy companies in the world are developing innovative solutions for harnessing this power, including submerged buoys, oscillating structures, submerged panels, and floaters attached to existing structures. As these technologies continue to evolve and improve, they have the potential to play an increasingly important role in meeting our growing demand for clean, renewable energy.

Wave energy is an exciting renewable energy source with great potential for generating clean electricity from ocean waves.

Sources & Pictures:
Alternate Energy Tutorials
JustEnergy.com
www.energy.gov
Australian Academy of Science – https://www.science.org.au
National Geographic – https://education.nationalgeographic.org/resource/tidal-energy

Tina Olivero

30 years ago, Tina Olivero looked into the future and saw an opportunity to make a difference for her province and people. That difference came in the form of the oil and gas sector. Six years before there was even a drop of oil brought to the shores of Newfoundland, she founded The Oil and Gas Magazine (THE OGM) from a back room in her home on Signal Hill Road, in St. John’s, Newfoundland. A single mother, no financing, no previous journalism or oil and gas experience, she forged ahead, with a creative vision and one heck of a heaping dose of sheer determination. With her pioneering spirit, Ms. Olivero developed a magazine that would educate, inspire, motivate and entertain oil and gas readers around the world — She prides herself in marketing and promoting our province and resources in unprecedented ways. The OGM is a magazine that focuses on our projects, our people, our opportunities and ultimately becomes the bridge to new energy outcomes and a sustainable new energy world. Now diversifying into the communications realms, a natural progression from the Magazine, The OGM now offers an entirely new division - Oil & Gas Media. Today, The Oil and Gas Magazine is a global phenomenon that operates not only in Newfoundland, but also in Calgary and is read by oil and gas enthusiasts in Norway, Aberdeen, across the US and as far reaching as Abu Dhabi, in the Middle East. Believing that Energy is everyone’s business, Ms. Olivero has combined energy + culture to embrace the worlds commitment to a balance of work and home life as well as fostering a foundation for health and well being. In this era of growth and development business and lifestyle are an eloquent mix, there is no beginning or end. Partnering with over 90 oil and gas exhibitions and conferences around the world, Ms. Olivero's role as a Global Visionary is to embrace communication in a way that fosters oil and gas business and industry growth in new and creative ways.

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