CorPower Ocean

CorPower Ocean hosted Enlit Europe on the Road this week for its Portugal energy transition series. Enlit's media team visited our base in Viana do Castelo to hear latest updates on the HiWave-5 wave energy project, where our C4 Wave Energy Converter recently completed the first cycle of ocean commissioning off the coast of northern Portugal. Already boasting one of Europe’s highest ratios of renewable energy, Portugal is aiming to secure 80% of electricity from clean sources by 2026. More details on Portugal's energy transition live in action, including CorPower Ocean's interview, will be published through Enlit's dedicated website page - https://lnkd.in/ek6txBBx featuring industry leaders driving Portugal's energy transition including EDP Renewables, Principle Power, APREN - Associação Portuguesa de Energias Renováveis, Floene and Smart Energy LAB. #energytransition #netzerofuture #waveenergy #oceanenergy #renewables

CorPower Ocean has been highlighted by the Svenska institutet (Swedish Institute) as a standout company contributing to the nation's green and digital transformation.   Sweden was the first country in Europe to meet renewable energy targets set by the EU for 2020 with the government now targeting 100% fossil-free electricity production by 2040. Inspired by the pumping principle of the human heart, CorPower Ocean's technology builds on 40 years of hydrodynamic research to deliver five times the electricity - per tonne of equipment -compared to previous state-of-the-art wave energy devices.   Proud to appear alongside fellow change-makers including Minesto, Liquid Wind, Elekta, Einride, Candela, Heart Aerospace, Volta Greentech, Northvolt and CemVision   Read more: https://lnkd.in/d2p98Nj2   #NetZeroFuture #EnergyTransition #Renewables #SwedishInstitute

Wave energy to have a key role in realising the UK’s net zero ambitions, according to new report 🌊 Research from LUT University Finland has found that to deliver a cost-effective net zero energy system, the UK should seek to harness 27GW of wave energy. 🌊 It comes as Swedish wave energy developer CorPower Ocean announces major industry breakthrough after commissioning first full-scale wave energy device. 🌊 Marine Energy Council is calling for consistent route to market for wave energy, plus a clear and ambitious target to deploy 300MW by 2035. https://lnkd.in/erx4mX5n

Research from LUT University Finland has found that the UK should seek to harness 27GW of wave energy, to deliver a cost-effective net zero energy system. It comes as CorPower Ocean announces a major industry breakthrough after completing the first cycle of commissioning for its first full-scale wave energy device. UK Marine Energy Council UK is now calling for a consistent route to market for wave energy, plus a clear and ambitious target to deploy 300MW by 2035.    Read more: https://lnkd.in/dEBiFjHk   #waveenergy #oceanenergy #energytransition #netzero2050 #renewableenergy

Critical breakthroughs for CorPower Ocean’s wave #energy converter: #energytransition #waveenergy #renewableenergy https://lnkd.in/eaNuyj3H

CorPower Ocean has paid tribute to a pioneer of modern wave energy research, Stephen Salter MBE, who passed away peacefully on February 23, 2024, aged 85. Emeritus Professor of Engineering Design at The University of Edinburgh, Salter is widely credited for leading the modern scientific pursuit of wave energy in the 1970s, in response to the oil crisis.  “Stephen has been and will continue to be a great inspiration to anybody delving into wave energy, and we are hugely thankful for the knowledge he contributed to the field,” said CorPower Ocean Lead Scientist Jørgen Hals Todalshaug.    Read more:  https://lnkd.in/dRTUTjn9   #waveenergy #oceanenergy #energytransition #climatechange    

CorPower Ocean announces wave energy breakthrough. CorPower Ocean’s C4 Wave Energy Converter (WEC) has completed the first cycle of the ocean commissioning program at the Aguçadoura site in northern Portugal.   Now proven at commercial scale, at the exposed Atlantic test site, CorPower Ocean’s C4 device has demonstrated unique ability to tune and detune according to varying sea states, limiting response to extreme storm waves (up to 18.5m) while amplifying motion and power capture in regular waves using novel phase control technology.  Patrik Möller, CorPower Ocean CEO said: “The progression marks a crucial milestone for wave energy addressing the two major obstacles which have hampered commercial adoption to date – survivability and efficient power generation in normal ocean conditions.”  The inflection point provides a firm signal of wave energy’s readiness for widescale adoption.   Since deployment in August 2023, all key aspects of the C4 system functions have now been successfully verified also including power export to grid, automated control and monitoring of the system as well as safe Operations and Maintenance (O&M) methods. Click here for further details on the first phase of C4 operations: https://lnkd.in/dxty5c9w #wavenergy #oceanenergy #energytransition #24/7renewables #renewableenergy #offshorengineering

On the opening day of Tech Arena 2024 – in the backdrop of CorPower Ocean’s stand – the world’s most powerful climate activitist Al Gore gave an impassioned speech expressing his desire to accelerate the energy transition. “The climate crisis is still getting worse faster than we are providing solutions to it,” said Gore. “We’ve got to wake up and shift into a higher gear. Today we’re putting another 162million tonnes of man-made heat trapping pollution into the sky. Every night the TV news is like a nature hike through the Book of Revelation. It’s insane, but we’ve gotten used to it. Here’s the good news, if we get to true Net Zero the temperatures will stop going up almost immediately, with a lag time as little as three to five years. If we stay at true Net zero, half of all the human cause of global warming pollution will have fallen out of the atmosphere in as little as 25 to 30 years. There is hope, we can do this. But we are not yet doing it fast enough.” CorPower Ocean is on a mission to power our planet with clean energy from ocean waves. Visit our exhibition space – next to the Main Arena stage – to see a ¼ scale model of our C4 Wave Energy Converter, which was recently deployed (at full-scale) off the coast of northern Portugal. Read more: https://lnkd.in/dFRNSMrN Omid Ekhlasi Techarenan Vinnova KTH Royal Institute of Technology Stockholm University Karolinska Institutet Uppsala University Lund University Business Sweden Nordea Teknikföretagen SPP EIT InnoEnergy #WaveEnergy #OceanEnergy #RenewableEnergy #EnergyTransition #NetZero

Visit CorPower Ocean today at Scandinavia’s largest tech, the Tech Arena 2024, and see our 1⁄4 scale Wave Energy Converter on display. We’re located opposite the main Arena Stage where headline speakers - former US Vice President Al Gore, Apple co-founder Steve Wozniak and NASA Astronaut Jessica Meir will take to the stage. Current discussion underway ‘The Energy Transition: Addressing the Biggest Challenge of Our Time’- featuring BlackRock, Northvolt and one of our lead investors EIT InnoEnergy. Organised by Techarenan with backing from the Swedish Innovation Agency, key themes include the energy transition, innovation, economics, sustainability and global megatrends. #waveenergy #oceanenergy #innovation #TechArena2024 #energytransition #sustainability

Listen to CorPower Ocean in the latest Euronews Ocean episode explaining how Europe can make better use of its oceans to generate a reliable and sustainable source of electricity.     CorPower Ocean segment begins at 6.00min.    'Our wave technology has addressed the key challenges that have previously held back commercial adoption of wave energy, by surviving storms and delivering a large amount of power with respect to materials and cost," CorPower Ocean Portugal Managing Director Miguel Silva.    "It's a future where coastlines become a production not only for electricity, but the production of sustainable jobs since these technologies can be produced locally. With a mix of wind, solar, wave and tidal energy, you have a decarbonised energy system that delivers low-cost energy to the consumer." Ocean Energy Europe CEO Rémi Gruet.    Read more: https://lnkd.in/g4Csvahq    #oceanenergy #wavenergy #decarbonisation #energytransition #netzerofuture