Wave energy.

A highly concentrated energy resource with five times higher energy density than wind and at least ten times the power density of solar energy.

Wave energy.

A highly concentrated energy resource with five times higher energy density than wind and at least ten times the power density of solar energy.
CorPower Ocean - Wave Energy

The opportunity.

0 GW

Global opportunity

0
- 0 Gt

Annual CO2 avoidance potential

0 k
Creating over 400.000 sustainable jobs by 2050
0 %

Share of global electricity demand.

0 M

Clean electricity for 500 million homes

0
/ 0 CFE
Wave energy accelerate the transition to Carbon Free Electricity

“The consistent power profile makes wave energy uniquely valuable by providing power also at times of low wind and solar production.”

— Miguel Silva - Managing Director

Consistent power profile.​

Waves on the large oceans are fetched over long distances, over multiple days from various weather systems, giving it a very consistent power flow, making it an excellent complement to stabilise the clean energy mix.
CorPower Ocean - Consistent wave power profile

24/7 carbon free electricity.

The biggest challenge for the world to transition to carbon free electricity is to ensure there is clean electricity available 24/7, each day of the year.

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, one that oil, gas and coal have played in the past, wave energy can make a major contribution to address climate change – and to help end our dependency on fossil fuels.

CorPower Ocean - Power lines
CorPower Ocean — Wave energy world map
CorPower Ocean - The best wave resources

The biggest battery on earth.

Created by weather systems, built up over several days across large oceans, travelling uninterrupted, the energy content is concentrated and smoothened. This delivers a consistent power profile to coastlines, with the best available wave resources typically at the exposed west coasts of the world, where most people live and businesses operate.

Zero-carbon electricity and Green hydrogen.

Wave energy enables carbon free system that balance to supply to demand at all times while requiring less generation capacity, less storage and less grid capacity. Balancing the system already at the stage of generation lowers the total cost of zero carbon electricity.

Supplying a more stable mix of renewable electricity can significantly improve the business case of green hydrogen. By reducing the variability, wave energy can enable electrolyze facilities to run at higher load factors, while requiring less generation capacity and less grid to power them. It can also reduce the H2 storage capacity required to keep continuous down-stream production.

CorPower Ocean - Steaming Factory
CorPower Ocean - Building a new industry

Building a new industry.

Wave Energy presents a major industrial opportunity, offering long term economic development in coastal regions around the world. The modular wave farm concept, using many relatively small units deployed in clusters enables local supply chains to deliver a high portion of the economic value through the development, manufacturing, installation and operation of wave farms.

Creating sustainable jobs.

Ocean energy offers a significant amount of new qualified and sustainable jobs to be created. With much cross-over on competences from oil & gas sectors where long experience of installing and operating machines in the marine environment have been built, this can help a just transition from fossil to zero-carbon energy.
CorPower Ocean – Creating sustainable jobs