Imagine capturing the endless movement of ocean waves and turning it into electricity for our homes. This project is building a small-scale power plant in Portugal using specialized wave-catching devices. By proving this works at a real-world scale, they are creating a blueprint for giant wave farms across the globe.
Wave energy lacks the bankability and insurance confidence needed for large-scale investment. There is currently no established end-to-end European supply chain for GW-scale deployment.
A 2MW wave energy farm consisting of 4 patented WaveRoller units connected to the Portuguese grid.
If you are a utility provider dealing with the instability of wind or solar—this project developed a 2MW farm of WaveRoller units that provides a predictable ocean energy source. It aims to lower the cost of energy to under 100€/MWh by 2035.
If you are an engineering firm dealing with the lack of a reliable supply chain for ocean power—this project is establishing a complete end-to-end European supply chain. This allows for the deployment of GW-scale farms in the ocean.
If you are a consultant dealing with the uncertainty of ocean energy's ecological impact—this project is conducting the first comprehensive environmental analysis spanning several decades. It targets a carbon footprint of less than 25 gCO2eq/kWh.
Beyond 2035, the project expects the Levelized Cost of Energy (LCOE) to be less than 100€/MWh.
The project is setting up a 2MW farm with 4 units in Portugal, with a short-term goal by 2030 to unlock 11 farms across 4 continents totaling 83 MW capacity.
The project utilizes the WaveRoller unit, which is explicitly described as patented and certified.
The project runs from October 1, 2024, to March 31, 2030.
The 2MW farm in Peniche, Portugal, is designed to be connected directly to the grid.
The consortium is heavily industry-driven, with 64% of the 14 partners being industrial entities, 9 of which are SMEs. This high ratio of commercial players across 9 countries suggests a strong focus on market entry and supply chain readiness rather than pure academic research.
Contact The Queen's University of Belfast for partnership inquiries.
Contact us to identify potential supply chain partners for the 83MW wave energy rollout.
