Empowering a Sustainable Future

NoviOcean Vision and Goals in Addressing the Climate Crisis and Transforming the Energy Landscape

Goals

Our goal is to deliver stable ocean energy at a more cost-effective rate than offshore wind, contributing to a sustainable and resilient future.

To deliver stable energy from the oceans at a lower price than offshore wind

To globally deploy thousands of units over the coming decades

To play a vital role in mitigating the climate crisis in a huge global market

NoviOcean Objectives

2030

4 GW

€14 billion

contracted

2050

20 GW

deployed

25% of EU’s 2050 target =>

€70 Billion in sales

This only in Europe. Global market 3 x larger.

COP28 did not deliver as needed

“Our goal is to make the annual profit of using NoviOceans so high, that it by itself will be the catalyst for deployments in the thousands.”

Jan Skjoldhammer, CEO / Founder / Inventor

COP28 did not deliver as needed

“Our goal is to make the annual profit of using NoviOceans so high, that it by itself will be the catalyst for deployments in the thousands.”

Jan Skjoldhammer, CEO / Founder / Inventor

"Wave energy is the single largest unused renewable energy source on the planet, "

- The European Commissionr

"Between now and 2050, we will transition from 20% economy-wide electrification to 70%." "For investors this represents one of the greatest opportunities in the history of capitalism."

- The Swiss bank Lombard Odier

“The next 1,000 unicorns won't be search engines or social media companies, they'll be sustainable, scalable innovators – startups that help the world decarbonize and make the energy transition affordable for all consumers.”

- Larry Fink, BlackRock CEO

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. 

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.