Key Benefits
• Reducing CO2 / GWP footprint by 2 700 tons per year / unit.
• Demand and supply in close proximity and in own jurisdiction .
• Regulatory Compliance.
Key Benefits
• Cost savings by reducing diesel reliance.
• Reduced carbon emissions and enhanced safety.
• Continuous demand and scalability.
Key Benefits
• High demand for freshwater solutions in arid regions
• Reduced operational costs and carbon footprint
• Expanding market size and integration with water infrastructure
Key Benefits
• High diesel costs and logistical difficulties for fuel supply
• Support from governments and NGOs for sustainable solutions
• Enhanced sustainability for local communities and tourism
Key Benefits
• High potential for wave energy.
• Complementary to other renewable energy sources like solar and wind.
• Significant reduction in energy costs and carbon emissions
Key Benefits
• Potential for growth as regulatory frameworks stabilize
• Complementary energy generation with wind and wave integration
Key Benefits
• Suitable for various coastal and near-shore applications
• Provides stable and renewable energy in diverse conditions
Key Benefits
• Global shift towards clean hydrogen as a sustainable energy source
• Significant market potential as hydrogen technology advances
STAGE 1 (TRL 1-3)
2016 - 2017- 2018
Concept Validation
0.3 M€
Prototype NoviOcean No1 Scale 1:7
COMPLETED
STAGE 2 (TRL 4-5)
2019 - 2020- 2021
1:6 Scale Prototype
0.9 M€
COMPLETED
STAGE 3 (TRL 6)
2022 - 2023- 2024
1:5 Scale Prototype
3 M€
COMPLETED
STAGE 4 (TRL 7)
2025 - 2026- 2027
1:1 Scale Pilot Project
9 M€
STAGE 5 (TRL 8)
2028 - 2029- 2030
Pre-commercial Array
25 M€
COMMERCIAL (TRL 9)
2031 - 2032
Commercial Deployment
Generate profit due to incentives from unit no. 2
Unique triple wave-wind-solar hybrid sharing structure, moorings & subsea cables
Only device having a rectangular float, lifting 600 tons
Only device using the well proven hydraulic cylinder to extract such high force
Only structure using the well proven Pelton turbine to convert the slow wave motion to high generator RPM
Delivers 4x the output of any other validated concept
NoviOcean’s Strategy for Cost-Competitive Wave Energy 650 kW Wave, 300 kW Wind, 50 kW Solar. (40% Capacity Factor | 3.5 GWh /unit/year) Bridge to Commercial Viability after first Pilot 1- Competitive Development: New Technology starting at higher Costs (CAPEX AND OPEX). *NoviOcean on par with Offshore Floating Wind at 0.1 MW (about 100 units) Deployed. Colocation plus solo arrays where wind power is not desirable will be the…
Celebrating Innovation: NoviOcean Wins StartUp4Climate Award, Claims 1M SEK Prize A Triumph for Renewable Energy Innovation in the Fight Against Climate Change NoviOcean Triumphs in StartUp4Climate Award, Secures 1M SEK Prize In a notable victory for renewable energy innovation, NoviOcean has won the prestigious StartUp4Climate award, securing a substantial prize of 1 million Swedish Krona (SEK). The award, celebrated for its prominence in the energy sector, recognizes groundbreaking…
Innovating for a Greener Future: Novige Competes in Startup4Climate Challenge Join Novige in Accelerating the Energy Transition with NoviOcean Novige is presented once more in the Startup4climate challenge We are pleased to be a contestant in the Startup4climate competition, Sweden’s largest innovation challenge within the energy sector, organized by GodEl and Ellevio. The purpose of this challenge is to promote and support clean energy solutions and innovations that have the highest potential…
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’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.
info@noviocean.energy
jan.skjoldhammer@noviocean.energy
+46(0)73 394 84 17
Novige AB Lövängsvägen 91, 187 30 Täby, Stockholm Sweden
