AMB - Our Approach to Wave Energy
17th August 2022 6:30 pm
Mocean Energy develops technology that generates renewable energy from ocean waves. This is a challenging space, which inventors and entrepreneurs have been exploring for decades without wide technical or commercial success. However, the industry is now at a turning point, and Mocean’s approach to developing wave energy reflects this. Technically, we are developing innovations that improve performance using software, geometry, and direct drive generators. Commercially, we are starting with relatively small, machines in high value markets, like O&G, and gradually scaling up through mid-sized machines in markets such as islands, towards a longer term vision of utility-scale wave power combined with offshore wind.
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