Research has demonstrated that co-locating wave and wind energy will deliver a saving of **12%** in the Levelized Cost of Energy for both projects. ***WES_LS09_ER_Wave_ Wind_Sharing**

Triple the annual output per sea area

By combining NoviOcean with Wind Turbines

7 MW Wind Turbine

• 24 000 MWh / Year

• Often objections if close to land

15 MW NoviOcean

Wind/Wave Direction

• 52 000 MWh / Year

• Close to land - No objections

22 MW Co-located

Wind/Wave Direction

• 76 000 MWh / Year

• Mitigate finance & investment risk with a diversified portfolio & 24/7 energy production

• Reduce LCOE by 12% shared infrastructure & storage needs by 33-50%

• Maximize energy supply stability with greener & cost-effective alternative to batteries

• Utilize sea area 3x more efficiently & provide higher power-to-weight ratio with high survivability

• Increase bid success for offshore arrays & advocate for favorable policies & incentives

Potential Co-Location Examples

Ireland: Inis Ealga

Status : Planned

Owner : Various

Nominal Rated Power : 1 000 MW

Location : N51.61 W7.59

Depth : 77 meters

**✓ Output Power Per km2 : 15 MW**

(1 MW rated x 15 units per square km)

✓1.5 x (times) more than only Wind Power

✓ 2.5 x in combination of Wind and NoviOcean

*** Capacity Factor at 44% : 55 000 MWh / Year****(55% Wave, 25% Wind, 9% Solar) => 6.5 MW average output**

✓ More than doubling the output per square kilometre

✓ Same lease and main infrastructure / half the relative cost per MWh delivered

**Details for calculations**

Mean Wind Speed (m/s) at 10 meters above sea: **7.81 m/sec**

Mean Wave Energy kW/m: 27 kW/m

San Borondón, Canary Island, Spain

Status : Planned

Owner : Various

Nominal Rated Power : 238 MW

Location : N27.84 W15.34

Depth : 45 meters

*** Output Power Per km2 : 15 MW**

(1 MW rated x 15 units per square km)

✓1.5 x (times) more than only Wind Power

✓ 2.5 x in combination of Wind and NoviOcean

*** Capacity Factor at 40% : 50 400 MWh / Year****(45% Wave, 33% Wind, 22% Solar) => 6.1 MW average output**

** **

✓ More than doubling the output per square kilometre

✓ If combined with offshore floating wind; same lease and main infrastructure /

half the relative cost per MWh delivered

**If given 32 square km of offshore area, we alone can substitute all use of fossils on the island, 450 units**

**Details for calculations**

Mean Wind Speed (m/s) at 10 meters above sea: **8.15 m/sec**

Mean Wave Energy kW/m: **16 kW/m**

Spain: San Brandan

Status : Planned

Owner : Various

Nominal Rated Power : 490 MW

Location : N43.95 W7.99

Depth : 162 meters

*** Output Power Per km2 : 15 MW**

(1 MW rated x 15 units per square km)

✓ 1.5 x (times) more than only Wind Power

✓ 2.5 x in combination of Wind and NoviOcean

*** Capacity Factor at 50% : 63 000 MWh / Year****(65% Wave, 25% Wind, 17% Solar) =>7.5 MW average output**

** **

✓ More than doubling the output per square kilometre

✓ Same lease and main infrastructure / half the relative cost per MWh delivered

** for calculations**

Mean Wind Speed (m/s) at 10 meters above sea: **7.49 m/sec**

Mean Wave Energy kW/m:** **60 kW/m

Norway: MET Centre Karmoy Floating

Status : Planned

Owner : Various

Nominal Rated Power : 10 MW

Location : N59.156 E5.078

Depth : 165 meters

*** Output Power Per km2 : 15 MW**

(1 MW rated x 15 units per square km)

✓ 1.5 x (times) more than only Wind Power

✓ 2.5 x in combination of Wind and NoviOcean

*** Capacity Factor at 50% : 63 000 MWh / Year****(45% Wave, 45% Wind, 9% Solar) =>6.48 MW average output**

** **

✓ More than doubling the output per square kilometre

✓ Same lease and main infrastructure / half the relative cost per MWh delivered

** for calculations**

Mean Wind Speed (m/s) at 10 meters above sea: **9.45 m/sec**

Mean Wave Energy kW/m:** 25 kW/m**

USA: Revolution Wind 2

Status : Planned

Owner : Various

Nominal Rated Power : 884 MW

Location : : N40.97 W70.79

Depth : 50 meters

*** Output Power Per km2 : 15 MW**

(1 MW rated x 15 units per square km)

✓ 1.5 x (times) more than only Wind Power

✓ 2.5 x in combination of Wind and NoviOcean

*** Capacity Factor at 35% : 44 100 MWh / Year****(39% Wave, 30% Wind, 16% Solar) =>****5.25**** MW average output**

** **

✓ More than doubling the output per square kilometre

✓ Same lease and main infrastructure / half the relative cost per MWh delivered

** for calculations**

Mean Wind Speed (m/s) at 10 meters above sea: **7.5 m/sec**

Mean Wave Energy kW/m:** 20 kW/m**

Germany N-12.2

Status : Planned

Owner : Various

Nominal Rated Power :** 2 000** MW

Location : : N54.87 E6.12

Depth : 39 meters

*** Output Power Per km2 : 15 MW**

(1 MW rated x 15 units per square km)

✓ 1.5 x (times) more than only Wind Power

✓ 2.5 x in combination of Wind and NoviOcean

*** Capacity Factor at 34% : 44 700 MWh / Year****(45% Wave, 25% Wind, 11% Solar) =>****5.2 ****MW average output**

** **

✓ More than doubling the output per square kilometre

✓ Same lease and main infrastructure / half the relative cost per MWh delivered

** for calculations**

Mean Wind Speed (m/s) at 10 meters above sea: **7.91m/sec**

Mean Wave Energy kW/m:** 19 kW/m**

Moneypoint Offshore Two, Ireland West Coast

Status : Planned

Owner : Various

Nominal Rated Power : 500 – 4000 MW

Location : 52°30’00.0″N 10°34’48.0″W

Depth : 77 meters

**✓ Output Power Per km2 : 15 MW**

(1 MW rated x 15 units per square km)

✓1.5 x (times) more than only Wind Power

✓ 2.5 x in combination of Wind and NoviOcean

*** Capacity Factor at 67% : 84 000 MWh / Year****(61% Wave, 80% Wind, 9% Solar) => 10.05 MW average output**

✓ More than doubling the output per square kilometer

✓ Same lease and main infrastructure / half the relative cost per MWh delivered

**Details for calculations**

Mean Wind Speed (m/s) at 10 meters above sea: **10.47 m/sec**

Mean Wave Energy kW/m: 41 kW/m

Taiwan: Greater Changhua 1 - South East

Status : Planned

Owner : Various

Nominal Rated Power : 605,2 MW

Location : N24.15 E119.95

Depth : 40 meters

**✓ Output Power Per km2 : 15 MW**

(1 MW rated x 15 units per square km)

✓1.5 x (times) more than only Wind Power

✓ 2.5 x in combination of Wind and NoviOcean

*** Capacity Factor at 46% : 58 000 MWh / Year****(36% Wave, 75% Wind, 20% Solar) => 6.9 MW average output**

✓ More than doubling the output per square kilometer

✓ Same lease and main infrastructure / half the relative cost per MWh delivered

**Details for calculations**

Mean Wind Speed (m/s) at 10 meters above sea: 8**.53 m/sec**

Mean Wave Energy kW/m: 18 kW/m

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.

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.

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.

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.

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.

NoviOcean aims to deliver stable ocean energy at a lower cost than offshore wind and secure 0.5 GW of contracted capacity by 2030.

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: Resilient, Efficient Wave WIND & SOLAR Energies

NoviOcean’s patented innovations and efficient components create a resilient, high-power-density Ocean Energy Converter. With streamlined processes for manufacturing, installation, and maintenance, NoviOcean offers lower costs and competitive LCOE values, challenging existing ocean energy solutions and fossil fuels.

Get In Touch with Us!

info@noviocean.energy

jan.skjoldhammer@noviocean.energy

anders.tengelin@noviocean.energy

Office Phone

+46(0)73 394 84 17

+46 704 28 70 84

Novige AB Lövängsvägen 91, 187 30 Täby, Stockholm Sweden