Wave energy

The global ocean energy resources are huge, and ocean energy technology clearly represents the largest untapped business potential within the renewables sector. The map below indicates areas where wave energy potential is greatest.

Values of annual average power flux in kW/m at different points across the globe for deep water sites.

There is strong correlation between surface and bottom wave energy. The ideal conditions for WaveRoller are at a depth of 7 - 15 metres, where the swell period is 5 - 20 seconds.

Despite the technological limitations of existing solutions, the market for ocean energy equipment is expected to take off rapidly, and investments in the sector are growing constantly.It has been estimated that ocean wave energy has the potential to contribute 10% of the entire need for electricity globally, with an investment cost of EUR 820 billion..