Wave Energy Converter Technology
CorPower Ocean CorPower Oceanâ€™s Wave Energy Converters (WEC) address the challenges of cost effective electricity generation from ocean waves in a new and more efficient way. CorPower Ocean has developed a compact, high-efficiency WEC, inspired by the pumping principles of the human heart. Using a patented phase control method, the buoys oscillate in resonance with a wide range of incoming waves, thereby greatly amplifying the energy generating motion of the device. This allows a large amount of power to be generated with a small buoy.
Incorporating many small units enables mass production to drive down device cost, and allows an effective maintenance strategy. Low CAPEX and OPEX, coupled with high production, provides a step-change reduction in Cost-of-Energy, enabling wave power to compete with offshore wind after 50MW of installed capacity. To learn more about this and other innovative solutions Go to OceanExchange(dot)Org