April 16, 2024

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How startups harvest electricity from the sea

How startups harvest electricity from the sea

Visualization of a wave power plant

The movement powers generators, which in turn produce green electricity.

(photo: Corepower)

Munich Patrick Müller, CEO and co-founder of Swedish startup Corpower Ocean, wants to usher in a “new era” in order to “provide the planet 24/7 with a previously untapped clean energy resource.” On a blue-lit stage in Stockholm, the 46-year-old presents the new wave power plant “C4”, which looks like a huge blue-and-yellow buoy.

Principle: When there are waves, the buoy fixed on the sea floor dances up and down. This movement powers two generators inside that produce electricity. Electricity is brought to shore via submarine cables.

The thing about the 300-kilowatt power plant, which corresponds to about one-thirtieth of modern offshore wind turbines at peak load: CorePower’s 75-strong team can overcome a critical hurdle to commercial breakthrough of wave power.

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