The global electricity consumption is rising rapidly. At the same time as we see a transformation from oil & gas we experience a constantly increasing number of electricity consumers around the world. This coupled with new electrical applications such as the electrification of cars, industrial processes, heating & cooling etc. we face a growing need of renewable energy sources.
Wave power also offers more predictable energy output, with power levels that can be forecasted 1-2 days in advance and a different timing of intermittency compared to wind and solar. This predictability is very beneficial for grid balancing and matching the supply of energy to demand. All regions have different prerequisites for the optimism energy mix and in many areas wave power will be an important component to a reliable and cost effective energy system.
The unique features of ocean wave energy make it a very strong alternative for the generation of 100% clean, renewable energy with no carbon dioxide emissions.