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Mocean Energy

Mocean Energy develops new technologies that can harness the power of waves and accelerate the transition to a zero-carbon world.

Published March 2, 2023 • Updated September 12, 2024
Mocean Energy
Industrial Decarbonization
Power & Utilities
Electrification & Efficiency
Renewables & Energy Storage
Insights
Details
Materials

Product Overview

Overview

Mocean Energy designs and delivers ocean energy technology to provide clean, carbon-free, renewable power.

Established in Scotland during 2015, with main offices in Edinburgh and Aberdeen and additional satellite offices throughout the UK, Mocean Energy is developing scalable wave energy technology.

The company's technology, which also utilizes solar and battery storage as part of an integrated solution, helps decarbonize and electrify new or existing subsea operations traditionally reliant on expensive and carbon-intensive seabed umbilical cables.

The approach uses numerical modeling and optimization, rapid prototyping, and tank testing to deliver wave energy machines that produce power for their size and work in some of the world’s harshest environments.

They have secured more than £5 million in funding support from the Scottish and UK governments, and the EU. This allowed them to build a prototype model – the Blue X. It is combined with Verlume's Halo, an easy to install autonomous seabed energy storage system. Installed off the coast in spring 2021, Blue X has successfully completed 18 months of sea trials, which included being part of the world-leading "Renewables for Subsea Power" program.

The Blue X enabled rich data to be gathered and used for the development of two core technologies, Blue Star and Blue Horizon.

Both technologies are based on the same concept: a hinged raft with a unique geometry that improves performance by up to 300 percent compared to traditional hinged rafts and increases survivability by diving through the largest waves.

The core innovation is in the software-optimized shape of their wave energy tech that produces 2-4x more power than the previous generation of technology.

Blue Star

The company's Blue Star device is now commercially ready, and provides reliable, affordable, and renewable power for a range of subsea applications – from control systems and ROVs to autonomous underwater vehicles.

In spring 2021, Mocean Energy entered a collaborative initiative to demonstrate how wave energy coupled with underwater energy storage can power subsea equipment. Net Zero Technology Centre provided grant funding, matched by financial and in-kind contributions from other partners, including Harbour Energy, Transmark, Serica Energy, Baker Hughes, and energy storage developers Verlume.

Blue Horizon

Mocean is also developing a much larger wave energy converter – the Blue Horizon – based on the same principles as the Blue Star. Deployed in wave farms offshore, the Blue Horizon will deliver grid-scale power.

Business Model

As other wave energy converter technology developers Mocean Energy will start focusing on a lower-risk, cost-of-ownership-driven markets in which their current technology (the Blue Star at TRL 7) delivers a significant value proposition, and then move to more competitive, but much larger utility-scale markets (with the Blue Horizon at TRL 4 by Q3 2024).

Technology Innovations

AI Optimization

Software to optimize products and projects

Novel Hull Geometry

  • Moves more in waves, generating more power
  • 2-4x more power per mass than first gen
  • Patented

Novel Direct Drive Generator

  • Ultra low speed, high torque generator & motor
  • Improves reliability, efficiency, reduces maintenance
  • Spin-off product in the electrification of heavy industry – developing commercial proposition.
Applications

Mocean energy has developed innovative solutions to harness wave power to provide ocean equipment and the grid with clean carbon free renewable energy.

Mocean is developing two wave energy technologies:

  1. Blue Star, a device that will power a range of subsea equipment, inspection and maintenance systems; and
  2. Blue Horizon, a larger machine designed to generate grid-scale electricity.

1. Decarbonize offshore assets and ocean equipment

The Blue Star wave energy converter will provide reliable, renewable power for a range of subsea applications – from control systems, to ROVs, to fully autonomous underwater vehicles. Its compact design fits in 40 foot shipping containers, and uses magnetic-geared power to charge onboard batteries, providing continual power.

2. Grid-scale electricity

They are also developing a much larger hinged-raft wave energy converter – the Blue Horizon – based on the same principles as the Blue Star. The Blue Horizon is their utility-scale machine, designed for deployment in wave farms off the coast to deliver reliable, green energy to transmission networks around the world. Some applications like ports, aquaculture, subsea data centers, direct water CO2 capture, or combined offshore wind energy parks.

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