Economic success gave chance to change the energy industry
Navigating Waves of Change: The Birth of NoviOcean’s Revolutionary Wave Energy Converter Jan Skjoldhammer’s Vision to Transform Energy with Innovation and Sustainability Economic success gave chance to change the energy industry After an economic success at a land deal, the plan was crystal clear for the environmentally engaged airline captain Jan Skjoldhammer. Instead of settling down, or continuing to fly, he decided to do something more meaningful with his time and capital. He would develop an innovative and revolutionary wave energy converter (WEC) with the potential to change the entire energy industry. Given Jan’s background as a pilot, he has a burning passion as well as deep expertise in engines, technology, the sea, and large powerful machines. This, combined with both his willingness and ability to contribute to technical solutions, initiated the idea of a high-performing wave energy converter. Wave energy technology, as such, is not new; it has been experimented with for a few hundred years but without any remarkable success. Other wave energy converters are, of course, out there, but usually, they are too heavy, fragile, complex, and expensive to manufacture, and above all, they provide far too little electrical energy. – I decided on a completely different approach with the conviction that to succeed, it must be lighter than others, to bring down the cost and to keep it so high in the water that it is not torn by the waves. Likewise, it should be simple, based on well-known technologies, have few parts, and have high efficiency, and not the least, be inexpensive in relation to its output, says Jan Skjoldhammer. With an awareness that solar and wind power will not suffice for the increased energy demand as well as the knowledge about the oceans’ potential, the foundation for the NoviOcean wave energy converter by Novige was established. – I and the team are convinced that different technologies complement each other, which is a must if we are to solve the climate challenges and the problems surrounding energy access, concludes Jan Skjoldhammer. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 kW Wave, 300 kW Wind, 50 kW Solar.(40% capacity Factor | 3.5 GWh /unit/year) Lighter, low LCOE, more powerful – the future of clean, efficient energy Wave energy: 5x denser than wind, 10x solar, available 24/7, highly predictable. Since 2016, pioneering simplicity, efficiency, and sustainability in cleantech By 2030, 0.5 GW contracted, and by 2050, 10 GW, reflecting our ambition to campture 25% of the EU’s 2050 target, worth E 30 billion in Europe alone. The global market is six times larger Structured path: Full-scale prototype 2022, commercial phase by 2029. Cost-efficient tech, global partners, and a sustainable future. Let’s connect! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next
Application Mission Innovation Champion
Application Mission Innovation Champion F.A.Q. 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. 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 LCOE reaching €100/MWh after only 100 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 7), developing a 1:1 scale pilot 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.
NoviOcean NO1 Prototype (by Novige AB) during Tank Testing
NO1 Prototype Tank Testing Journey Exploring NoviOcean’s Innovation in the COAST Laboratory under EU Funding NoviOcean NO1 Prototype (by Novige AB) during Tank Testing https://www.youtube.com/watch?v=zcX5Yyur4zY In this video, we show you a glimpse of the rigorous tests on our NO1 prototype in the highly equipped COAST Laboratory Ocean Basin, Plymouth, UK, under the MaRINET2 initiative. The tests were performed during two weeks of March 2020.The research leading to these results has received funding from the European Union Horizon 2020 Framework Programme (H2020) under grant agreement no 731084. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 kW Wave, 300 kW Wind, 50 kW Solar.(40% capacity Factor | 3.5 GWh /unit/year) Lighter, low LCOE, more powerful – the future of clean, efficient energy Wave energy: 5x denser than wind, 10x solar, available 24/7, highly predictable. Since 2016, pioneering simplicity, efficiency, and sustainability in cleantech By 2030, 0.5 GW contracted, and by 2050, 10 GW, reflecting our ambition to campture 25% of the EU’s 2050 target, worth E 30 billion in Europe alone. The global market is six times larger Structured path: Full-scale prototype 2022, commercial phase by 2029. Cost-efficient tech, global partners, and a sustainable future. Let’s connect! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next