CorPower comment on IPCC Report
The latest IPCC report is summarized as ‘Code Red for Humanity‘ by UN Secretary-General António Guterres, starting...

The latest IPCC report is summarized as ‘Code Red for Humanity‘ by UN Secretary-General António Guterresstating ‘The alarm bells are deafening, and the evidence is irrefutable:  greenhousegas emissions from fossil-fuel burning and deforestation are choking our planet and putting billions of people at immediate risk.  Global heating is affecting every region on Earth, with many of the changes becoming irreversible.”

The challenge ahead of us is huge, and we need to act now. On the good side, there are new exciting tools becoming available to fight the climate crisis. One example is Our Oceans, that offer a toolbox with major opportunities that we are currently not making use of.

Ocean energy is one of the largest untapped sources of clean energy on earth. Ocean waves could generate 500GW of clean electricity to coastal locations around the world where most people live. Replacing oil and coal, this provides an CO2 reduction potential of 1-2 Gigatons / year. With a consistent and highly predictable production profile, wave energy can offset the intermittency of wind and solar, offering a new way to fill the gaps when it is not windy or sunny.

An energy mix combining wave, wind and solar energy is more stable and helps clean electricity supply to meet demand at all times of the year. For many places of the world, adding wave energy to the mix offers the most reliable and lowest cost path to transition to a 100% renewable energy system.  

There has been significant progress in demonstrating reliable and competitive ocean energy technology in recent years. Several technology developers, CorPower Ocean included, will be ready to start shipping first bankable products to projects in the coming years. Ocean energy is moving out of R&D to become a major commercial opportunity.

We are here to support massive scale-up on a global level.

Read more at:

www.corpowerocean.com and 

www.oceanenergy.eu    

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Our Company

Wave power.
To power the planet.

CorPower Ocean brings high-efficiency Wave Energy technology enabling reliable and cost-effective harvesting of electricity from ocean waves.

With our research and development spanning decades, our innovations are inspired by the pumping principle of the human heart. Ocean energy brings stability to the clean energy mix, accelerating the transition to zero-carbon energy.

Headquartered in Sweden, with offices in Portugal, Norway and Scotland, we design, build and install turnkey solutions that allow our customers to power the planet with clean energy from ocean waves.

CorPower Ocean
© 2022 All rights reserved

Headquarters: Stockholm, Sweden.
CorPower Ocean AB.
Västberga Allé 60, 126 30 Hägersten Sweden.
Corporate number: 556584-9824

What we do

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Copyright © 2021-2022 CorPower Ocean. Headquarters:
Stockholm, Sweden. All rights reserved. CorPower Ocean
AB. Västberga Allé 60, 126 30 Hägersten Sweden.
Organisation number: 556584-9824