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WaveFarm unleashes a wave of energy for a sustainable future

Wave energy is the single largest unused renewable energy source on the planet. The total theoretical wave energy resource worldwide stands at an impressive 30,000 TWh/year, surpassing the combined human consumption of electrical energy. If this energy could be properly harnessed, it would increase

Unlike some renewable sources, wave conditions are highly predictable, allowing grid operators to forecast them days ahead with remarkable accuracy. According to Matthew Pech, CFO of AW-Energy, WaveRoller can “ deliver electricity closer to baseload power than other renewables, and keep Europe at the forefront of innovative renewable technologies.” The WaveFarm project “ enabled AW-Energy to take significant steps towards positive cash generation, both for the company and the European ocean energy sector, by readying the technology and the company for commercial deployment of the devices, and in developing the sales pipeline itself. Deploying WaveRoller technology is projected to reduce 250,000 tonnes of CO2 emissions by 2030, making a substantial contribution to the transition to a sustainable blue economy.

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