Europe’s Wave Power Potential: A Clean Energy Future.
Europe’s vast coastline 202,000 kilometer, and strong wave energy density 2.5 to 30 kilowatt per meter, hold immense potential for clean, renewable power. With a theoretical annual potential 17 times the total electricity consumption, wave energy could be a game changer.
Challenges remain, but NoviOcean are developing innovative solutions. our 1 MW Hybrid Solution combines wave, wind, and solar energies, doubling power output per area, and offering stable energy supply.
NoviOcean’s Advantages:
High Efficiency: Delivers 52,000 MWh/year per kilometer square with a 40% capacity factor.
Low Impact: Minimizes visual and environmental disruptions.
Cost-Effective: Offers a significantly lower Levelized Cost of Energy.
Seize the opportunity to be at the forefront of clean energy innovation. NoviOcean is currently working on strategic investments and pilot project partnerships. By joining forces, we can unlock the immense potential of wave energy and contribute to a sustainable and profitable future. Invest in NoviOcean and become a part of the clean energy revolution.
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