We have developed and patented a new way of harnessing the energy from slow moving currents in oceans, rivers, and tides: “The Ocean Energy Turbine”.
With our patented concept we are able to reduce the cost per MWh produced to a level which competes with most renewable energy concepts. Our large production platform is able to deliver approximately 180 GWh per year, similar to the cumulative production from approximately 20 large onshore wind turbines with the capacity to fully power 18,000 homes with an average energy consumption of 10,000 kWh pr year.
This turbine design has been developed over several years throughout numerous optimization processes continuously improving the functionality and energy efficiency resulting in groundbreaking results and is ready for test deployment. Throughout the process we have obtained two global patents with PCT approvals, and a third patent is now approved and currently in the PCT application process.
This new concept has the potential to develop a new industry branch within the renewable industry, given the enormous energy potential of currents in oceans, rivers, and tides. Most of the optimization process has been conducted using an industry standard Computational Fluid Dynamics (CFD) with a comprehensive 400 pages report.