Application Mission Innovation Champion
NoviOcean’s innovative Hybrid Energy Converter (NHEC) harnesses the combined power of wave, wind, and solar energy. This groundbreaking technology delivers efficient and cost-effective renewable energy, paving the way for a sustainable future.
For illustration only — the actual design is shared in closer dialogues.
F.A.Q.
How efficient is NoviOcean Hybrid Energy Converter (NHEC)?
NoviOcean HEC delivers double the power output per sea area compared to wind power. Its hybrid design (wave, wind, solar) and efficient use of infrastructure lead to a lower Levelized Cost of Energy (LCOE) in early evolution.
What are the advantages of Noviocen HEC?
Noviocean HEC is easy to produce, install, and maintain due to its modular design and well-proven parts. It boasts a low environmental footprint and superior power-to-weight ratio compared to offshore wind.
Why invest in NoviOcean?
NoviOcean offers competitive development costs, with customer LCOE of about 4–8 c€/kWh at the first commercial units, falling to 2–5 c€/kWh at 200–1,000 units deployed, then lower. Investment benefits include attractive incentive programs, expected high profits, participation in a meaningful and scaleable clean energy solution, and not the least, extremely positive marketing effects for partners and users.
What is the current project stage?
NoviOcean is in Stage 4 (TRL 6–7), with the 1:1 scale pilot as the next phase, to demonstrate real-world performance and pave the way for commercial deployment.
What are NoviOcean’s short-term goals?
NoviOcean aims to deliver stable ocean energy at a lower cost than offshore wind and secure 0.5 GW of contracted capacity by 2030.
What are NoviOcean’s long-term goals?
NoviOcean envisions having 10 GW deployed by 2050, capturing 25% of the EU’s 2050 target and generating €30 billion in sales within Europe alone. The global market potential is three times larger.