Search company, investor...

The European Marine Energy Centre


Private Equity | Alive

Total Raised


Last Raised

$26.51M | 18 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+10 points in the past 30 days

About The European Marine Energy Centre

Developer of marine power devices. [Keywords: cleantech, energy/electricity generation, tidal/wave]

Headquarters Location

Old Academy

KW16 3AW,

United Kingdom

44 1856 852 060

Missing: The European Marine Energy Centre's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: The European Marine Energy Centre's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest The European Marine Energy Centre News

Wave energy trials exceed expectations

Nov 1, 2022

By Rachel Smart  | Updated: 13:03, 01 November 2022 Easier access to your trusted, local news. Subscribe to a digital package and support local news publishing. Waveswing trials exceeded expectations. Inverness-based AWS Ocean Energy has announced highly encouraging results from the current phase of sea trials of its wave energy device at the European Marine Energy Centre (EMEC) in Orkney. In a key highlight of the scientific testing programme to date at EMEC’s Scapa Flow test site, the Waveswing wave energy converter captured average power over 10kW and peaks of 80kW, during a period of moderate wave conditions. These figures exceeded the developer’s own predictions by 20 per cent. Other key findings underline the survivability potential of the subsea Waveswing which continued to deliver power in poor weather conditions. AWS demonstrates this in a simple but highly effective video clip, shot during Force 10 gales, showing a steel nut suspended on a string inside the device. The testing programme also demonstrated that deployment of the Waveswing from sitting on the quayside to being installed and fully operational is possible in under 12 hours. The current phase of sea trials is scheduled to complete by the year end and AWS is looking to re-deploy for further testing early in 2023. Simon Grey, chief executive of AWS Ocean Energy said: “These figures underline our strong belief that Waveswing is the real deal. "While we have always been confident about the performance potential of the Waveswing, it is wonderful to see that confidence endorsed by real data. We believe this performance compares very favourably with equivalent figures for any previous wave device tested on the same site. "We are now actively seeking discussions with commercialisation partners, other end users and anyone who is genuinely interested in developing commercial wave power. This includes for example sponsored testing programmes, so that partners can get to know the Waveswing and its potential up close.” Simon Grey, chief executive of AWS. Looking to the future, Mr Grey added: “The Waveswing features a single absorber design, with unique features which make it ideal for remote power applications such as powering subsea oilfield assets and oceanographic monitoring. "However, for utility scale power, we are convinced the future lies in multi-absorber platforms which can achieve the scale necessary for wave power to make a significant contribution to renewable energy supplies. "We expect to develop platforms hosting up to twenty 500 kW units with a potential capacity of 10 MW per platform”. When installed, the 50 tons, seven-metre high, four-metre diameter device is moored to a gravity-base anchor on the seabed using a single tension tether and sits around three metres below the surface. The Waveswing generates energy by reacting to changes in pressure caused by passing waves. The subsea location and ability to winch low in the water column allows extreme storm loadings to be avoided so that the device can continue to operate in rough sea conditions. The Waveswing is also designed to react to long ocean swell waves as well as short, wind-driven seas, for high energy capture. The £3.4m prototype development project has been funded by Wave Energy Scotland (WES), as part of the Novel Wave Energy Converter development programme. The demonstration at EMEC is also supported by the Interreg North-West Europe’s Ocean DEMO project. Tim Hurst, managing director of WES, said: “WES is excited to see real data coming from the sea trials for the Waveswing device, and the evidence coming forward that its design features are working successfully to deliver energy generation performance above and beyond expectations”. Neil Kermode, managing director, EMEC said, “It has been great to see the Waveswing deploy, survive and operate at our test site this year. "We are looking forward to analysing the data from these trials in the coming weeks as we complete a performance assessment and help the AWS team show exactly what they have achieved with this imaginative project. “We know there are epic amounts of energy in the seas around the UK and indeed the world. It is really rewarding to see a Scottish company make such progress in harvesting this truly sustainable energy.” The Waveswing development programme has been supported by a strong, predominantly Scottish team of subcontractors including 4c Engineering and Quoceant on design, Sequentec on supply of the control system, Malin Marine for the main build and assembly work, and JGC Engineering for fabrication of the anchor frame. International subcontractors include Trelleborg for supply of the rolling seal and SRP Subsea for supply of the Rocksteady mooring connector. Quayside and marine operations were carried out by Orkney-based companies Green Marine, Leask Marine, and Heddle Construction, with demonstration activities supported by EMEC’s operational team. Do you want to respond to this article? If so, click here to submit your thoughts and they may be published in print.

The European Marine Energy Centre Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

The European Marine Energy Centre Rank

The European Marine Energy Centre Frequently Asked Questions (FAQ)

  • What is The European Marine Energy Centre's latest funding round?

    The European Marine Energy Centre's latest funding round is Private Equity.

  • How much did The European Marine Energy Centre raise?

    The European Marine Energy Centre raised a total of $26.51M.

  • Who are the investors of The European Marine Energy Centre?

    Investors of The European Marine Energy Centre include Scottish Government, Highlands and Islands Enterprise, 350 Investment Partners and BIS.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.