Key features: Wave Energy Scotland (WES) – funded by the Scottish Government - takes an innovative approach to supporting the commercialisation of the wave energy sector.
Award: Up to £7million
Opens: 19 Mar 2015, 00:00
Registration closes: 15 May 2015, 12:00
Closes: 22 May 2015, 12:00
Support phone number: 0300 321 4357
Power Take Off (PTO) Systems for the Wave Energy Sector
Wave Energy Scotland (WES) – funded by the Scottish Government - takes an innovative approach to supporting the commercialisation of the wave energy sector. Set up as part of Highlands & Islands Enterprise (HIE).
What makes Wave Energy Scotland unique is its long-term commitment to the sector: WES will take innovative technologies from concept to being ready for private sector investment. It is anticipated that this will take up to ten years using a technology development process that focuses on proving technology and engineering quality.
This first part of this programme is for secondary energy conversion technology – commonly known as power take-off (PTO) systems and WES has launched 4 new competitions with a total budget of up to £7M to fund development of new innovative energy conversion solutions that are applicable to the wave energy sector.
Wave energy is a new renewable energy resource with a significant market potential. Globally the International Energy Agency forecast that by 2050 projects totalling a capacity of up to 130GW could be installed should the technology become cost competitive with other forms of renewable energy.
How to apply