Wave power

Global Wave Energy Converter Industry Report 2023: Market Size, Share, Trends, Opportunity, and Forecast, 2018-2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 13, 2023
Alternative Energy, Energy, Utilities, Research, Climate change, Organization, Oyster wave energy converter, USD, Health, Compound annual growth rate, Water, WEC, Growth, Electricity, Wave power, Renewable energy

The "Global Wave Energy Converter Market - Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Wave Energy Converter Market - Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Wave Energy Converter (WEC) market constitutes a specialized segment within the renewable energy sector, focusing on the research, development, manufacturing, deployment, and commercialization of technologies explicitly designed to harness the kinetic and potential energy present in ocean waves and transform it into electrical power.
  • The primary objective of the WEC market is to contribute significantly to the global transition toward cleaner and more sustainable energy sources.
  • As governments and organizations around the globe intensify their endeavors to combat climate change and decrease greenhouse gas emissions, the Wave Energy Converter market assumes a pivotal role.

Global Wave Energy Converter Market Trends, Opportunity, and Forecast, 2018-2022 and 2023-2028: Government Policies, Increasing Focus on Energy Security and Rising Environmental Awareness

Retrieved on: 
Wednesday, December 13, 2023
Knowledge, Research, Climate change, Organization, Grid, Oyster wave energy converter, Risk, Energy, USD, Health, Compound annual growth rate, Water, WEC, Growth, Electricity, Population growth, Wave power, Pharmaceutical industry, Renewable energy, Demolition, Fossil fuel

This market encompasses a diverse array of WEC technologies, including point absorbers, oscillating water columns, attenuators, and other innovative designs.

Key Points: 
  • This market encompasses a diverse array of WEC technologies, including point absorbers, oscillating water columns, attenuators, and other innovative designs.
  • The primary objective of the WEC market is to contribute significantly to the global transition toward cleaner and more sustainable energy sources.
  • Wave energy is recognized as a highly promising source of renewable energy due to its predictability, consistent availability, and minimal environmental footprint when compared to fossil fuels.
  • Growing Energy Demand and Renewable Energy Goals:
    Global energy demand rising due to population growth and industrialization.

Global Ocean Energy Market to Grow at a Remarkable 39.7% CAGR, Reaching 1.3 Million Kilowatts by 2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 12, 2023
Alternative Energy, Energy, Shift, Investment, Natural gas, Urbanization, Kilowatt-hour, Wave power, Urban area, Petroleum, Period, Power, Primary energy, Coal, Renewable energy, Agriculture, Electricity

Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035

Key Points: 
  • Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
    Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
    Shift to Renewable Sources of Energy: An Inevitable Reality
    Global Renewable Energy Breakdown by Type: 2010 Vs 2030
    Global Energy Production by Energy Source (2030 & 2040): Breakdown of Electricity (Billion Kilowatt Hours) and Percentage Share for Petroleum, Nuclear, Natural Gas, Coal and Renewables
    Huge Untapped Kinetic Energy Potential of Oceans: A Fundamental Growth Driver
    Total Number of Patents Filed for Marine Energy Technology Worldwide for the Years 2000, 2005, 2010, 2015 & 2016
    Superior Attributes of Tidal Energy Attract New Developers, Benefits Market Adoption
    Despite Dominance of Tidal Energy, Wave Energy Garner Growing Attention and Investments
    World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
    Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050

China Expected to Achieve Impressive 7.4% CAGR, Reaching a $2.2 Billion Market Size by 2030 in the Ocean Energy Sector

Retrieved on: 
Tuesday, October 10, 2023
Shift, Investment, Natural gas, Urbanization, Kilowatt-hour, Wave power, Urban area, Petroleum, Period, Power, Primary energy, Coal, Renewable energy, Agriculture, Electricity

Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035

Key Points: 
  • Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
    Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
    Shift to Renewable Sources of Energy: An Inevitable Reality
    Global Renewable Energy Breakdown by Type: 2010 Vs 2030
    Global Energy Production by Energy Source (2030 & 2040): Breakdown of Electricity (Billion Kilowatt Hours) and Percentage Share for Petroleum, Nuclear, Natural Gas, Coal and Renewables
    Huge Untapped Kinetic Energy Potential of Oceans: A Fundamental Growth Driver
    Total Number of Patents Filed for Marine Energy Technology Worldwide for the Years 2000, 2005, 2010, 2015 & 2016
    Superior Attributes of Tidal Energy Attract New Developers, Benefits Market Adoption
    Despite Dominance of Tidal Energy, Wave Energy Garner Growing Attention and Investments
    World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
    Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050

WAVR Prototypes Consumer-Sized Wave Energy Converter

Retrieved on: 
Tuesday, May 9, 2023
Government, Wave power, Wind, Electricity, Plague, WAVR, WEC, Attention, IOT, Environment of Hawaii, Internet, Renewable energy

HONOLULU, May 9, 2023 /PRNewswire/ -- WAVR LLC has introduced a prototype of its modular Wave Energy Converter (WEC) concept. The technology transforms the energy naturally produced by ocean waves into electricity. The prototype is a consumer-size unit, but the technology is expandable to larger applications. The design also allows for easy integration with other renewable energy technologies.

Key Points: 
  • Modular design allows scaling up, expanding into hybrid applications
    HONOLULU, May 9, 2023 /PRNewswire/ -- WAVR LLC has introduced a prototype of its modular Wave Energy Converter (WEC) concept.
  • Whereas peak solar averages less than seven hours per day, wave energy is nearly constant.
  • Therefore, the WAVR device does not suffer from the intermittency issues that plague other renewable energy technologies.
  • The Hawaii Clean Energy Initiative aims to achieve a 100 percent clean energy portfolio by 2045.

Global Wave and Tidal Energy Market Size Will Reach USD 4,541.8 Million by 2030, Growing at 27.4% CAGR: Polaris Market Research

Retrieved on: 
Thursday, December 1, 2022
Growth, Geography, Detail, Government, Research, Wave power, Online shopping, Renewable energy, Application

Also, a growing number of beneficial policies and initiatives by the government to encourage the use of pollution-free renewable energy resources are also propelling the wave and tidal energy industry growth in the region.

Key Points: 
  • Also, a growing number of beneficial policies and initiatives by the government to encourage the use of pollution-free renewable energy resources are also propelling the wave and tidal energy industry growth in the region.
  • With the presence of a strong legislative framework and national public funding, Canada has emerged as the largest market for the wave and tidal energy industry.
  • Tidal stream generator segment is expected to grow fastest during the projected period, which is mainly attributed to growth in tidal energy infrastructure.
  • Polaris Market Research has segmented the wave and tidal energy market report based on type, application, technology, and region:

Inna Braverman, Eco Wave Power's Founder & CEO, to Give Keynote Address at WIRED Impact Conference in London

Retrieved on: 
Thursday, October 27, 2022
People, Framework Programmes for Research and Technological Development, IMPACT, Amazon, Food, BMW, Wired (magazine), Braverman, Renewable energy, Innovation, European Commission, Annual report, Climate change, Private Securities Litigation Reform Act, WIRED, Wave power, Technology, Apple, City, Fast Company, Organization, Company, Partnership, Innovate UK, CEO, Conference, SEC, Port, First Nations in Ontario, Risk, Google, Outernet London, United Nations, Pioneer Technology Center, Port of Los Angeles, European Commission Investment Plan for Europe, ESG

Braverman will be giving a keynote presentation on Eco Wave Power's pioneering wave energy technology, and its' upcoming projects in Europe and the U.S.

Key Points: 
  • Braverman will be giving a keynote presentation on Eco Wave Power's pioneering wave energy technology, and its' upcoming projects in Europe and the U.S.
  • The conference will take place on November 2, 2022, at Outernet London, an immersive entertainment district in the heart of central London.
  • Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
  • Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program.

Inna Braverman, Eco Wave Power's Founder & CEO, to Give Keynote Address at WIRED Impact Conference in London

Retrieved on: 
Thursday, October 27, 2022
People, Framework Programmes for Research and Technological Development, IMPACT, Amazon, Food, BMW, Wired (magazine), Braverman, Renewable energy, Innovation, European Commission, Annual report, Climate change, Private Securities Litigation Reform Act, WIRED, Wave power, Technology, Apple, City, Fast Company, Organization, Company, Partnership, Innovate UK, CEO, Conference, SEC, Port, First Nations in Ontario, Risk, Google, Outernet London, United Nations, Pioneer Technology Center, Port of Los Angeles, European Commission Investment Plan for Europe, ESG

Braverman will be giving a keynote presentation on Eco Wave Power's pioneering wave energy technology, and its' upcoming projects in Europe and the U.S.

Key Points: 
  • Braverman will be giving a keynote presentation on Eco Wave Power's pioneering wave energy technology, and its' upcoming projects in Europe and the U.S.
  • The conference will take place on November 2, 2022, at Outernet London, an immersive entertainment district in the heart of central London.
  • Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
  • Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program.

Eco Wave Power Sponsors AltaSea's Blue Economy Fundraiser Event, which Coincides with the Arrival of Eco Wave Power's Wave Energy Technology at AltaSea - the First of Its Kind in the US

Retrieved on: 
Friday, October 7, 2022
Adoption, Port, European Commission Investment Plan for Europe, Book, WAVE, SEC, Blue Hour, Electricity, Science, Port of Los Angeles, Framework Programmes for Research and Technological Development, Annual report, Parley, Program, First Nations in Ontario, Risk, Technology, Private Securities Litigation Reform Act, American depositary receipt, Company, The Blue Economy, Blue economy, United Nations, Wave power, CEO, Awareness, Solar Impulse Foundation, Climate change, Ministry, Nasdaq, Innovation, Innovate UK, Warehouse, Foot, European Commission, Nightclub, Renewable energy, Security (finance), Berth

Prominent guest artist David LaChapelle will auction off a rare, limited edition copy of one of his books.

Key Points: 
  • Prominent guest artist David LaChapelle will auction off a rare, limited edition copy of one of his books.
  • This pilot station is part of Eco Wave Power's increased focus on bringing its pioneering wave energy technology to the United States and expanding its worldwide presence.
  • The AltaSea pilot project marks the first time Eco Wave Power's technology will be located in the United States.
  • Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program.

Eco Wave Power Sponsors AltaSea's Blue Economy Fundraiser Event, which Coincides with the Arrival of Eco Wave Power's Wave Energy Technology at AltaSea - the First of Its Kind in the US

Retrieved on: 
Friday, October 7, 2022
Adoption, Port, European Commission Investment Plan for Europe, Book, WAVE, SEC, Blue Hour, Electricity, Science, Port of Los Angeles, Framework Programmes for Research and Technological Development, Annual report, Parley, Program, First Nations in Ontario, Risk, Technology, Private Securities Litigation Reform Act, American depositary receipt, Company, The Blue Economy, Blue economy, United Nations, Wave power, CEO, Awareness, Solar Impulse Foundation, Climate change, Ministry, Nasdaq, Innovation, Innovate UK, Warehouse, Foot, European Commission, Nightclub, Renewable energy, Security (finance), Berth

Prominent guest artist David LaChapelle will auction off a rare, limited edition copy of one of his books.

Key Points: 
  • Prominent guest artist David LaChapelle will auction off a rare, limited edition copy of one of his books.
  • This pilot station is part of Eco Wave Power's increased focus on bringing its pioneering wave energy technology to the United States and expanding its worldwide presence.
  • The AltaSea pilot project marks the first time Eco Wave Power's technology will be located in the United States.
  • Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program.