FAQs

Frequently Asked Questions

Our system consists of unique floaters connected to a hydraulic conversion system. The floaters movement creates hydraulic pressure (using biodegradable oil) which is transmitted to the hydro motor and the generator. The whole system is controlled by a smart automation which enables transmission of clean and stable electricity to the grid.

The World Energy Council estimates that the energy that can be harvested from the world’s oceans is equal to twice the amount of electricity that the world produces now.

Our technology has undergone various testing. Our first real conditions power plant was installed in the Black Sea operated for more than a year. This site was critical for our development, as the Black Sea is notorious for its very quick and harsh storms. We also continue to improve and enhance our product (and develop new technologies) at our R&D station at Jaffa Port in the Mediterranean Sea. Our Jaffa Port Station has been operational for more than two years. Moreover, we are also operational in our first commercial scale power station in Gibraltar, where we are sending clean electricity to the grid.

At the moment, EWP holds projects pipe line of 111MW, which keeps expanding.

Many countries, public and private entities have developed initiatives to make the switch to renewable energies. For example, during the construction of EWP’s project in Gibraltar, EWP received partial funding from the EU Regional Development Fund.

Some of our advantages:

  • Durability – Wave energy equipment sitting in a stationary position on the ocean surface typically has no way of avoiding storms. This is in contrast to EWP’s unique wave energy devices, which have an automatic control system that takes care of the floats’ rise and submersion process in case of stormy weather conditions.
  • Reliability and Cost Effectiveness – Waves are highly predictable, and can achieve high capacity factors in commercial scale implementation.

In addition, EWP is mainly using “off the shelf” proven mechanical components, which in turn increase component reliability and widens the supply chain options.

  • Low Maintenance Costs – most of of EWP’s system is located on land, just like a regular power station. As a result, costly offshore maintenance is not required.
  • Minimal Environmental Impact – EWP’s conversion room is connected to existent man-made structures, thereby is does not create any new “presence” in the sea or the sea floor and does not interfere with the marine environment.