Per the terms of the agreement, Eco Wave Power has initiated a three-month, in-depth feasibility study in the United States and key regions across the globe. The studies explore the best proposed implementation sites for commercial installations, and reviews 77 sites in-detail in the U.S. coastline, in terms of wave availability and compatible marine structures, with encouraging results, while also proposing a five and a 10 year roadmap for wave energy commercialization.
“Wave energy can power communities with clean, reliable energy and be a strong force in combating climate change,” said Eco Wave Power Founder & CEO Inna Braverman. “We are thrilled to help provide in depth analysis about wave energy to an industry leader that is exploring many avenues for clean energy.”
Just few months ago, Eco Wave Power announced that its landmark EWP-EDF One power station in Jaffa Port was officially connected to the grid, providing power from wave energy to Israel’s national energy grid for the first time.
Eco Wave Power also has a pilot station located at AltaSea at the Port of Los Angeles. Currently on static display, the station is set to be installed in the coming months and will be the first onshore wave energy pilot station in the United States.
Recently, California Gov. Gavin Newsom signed new legislation that directs the California Energy Commission to evaluate the feasibility of wave and tidal energy in California, including the costs and benefits of implementing the technology across the state’s coastline. In New Jersey, similar legislation is awaiting consideration from the New Jersey State Senate Environment & Energy Committee.
The United States Department of Energy’s National Renewable Energy Laboratory found that wave energy in the United States alone has the technical resource potential to produce over 1,400 TWh/year – enough to power 130,000,000 homes.