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Sign upAugust 15, 2023
EDF Renewables IL
Tel Aviv, Jaffa
Eco Wave Power installed and is currently operating a 100-kW installed capacity station at the Jaffa Port in Israel through a Joint Venture Agreement with EDF Renewables IL. EWP also received co-funding from the Israeli Ministry of Energy, which recognized the technology as a “pioneering technology.” Designed as a scalable, cost-effective alternative to fossil fuels, the project addresses energy security and complements solar and wind power. As of August 15th, 2023, the station officially connected to Israel’s national electrical grid – making it the first wave energy project to deliver electricity to the country’s power supply. The EWP EDF One project is currently subject to constant R&D development and continuous calibration. The performative improvements gained are to be deployed in our first commercial-scale project in Portugal. Eco Wave Power and EDF Renewables IL have started an analysis of the first set of results from January 2024 to April 2024.
The project is significantly contributing to reducing the carbon footprint by generating clean renewable energy from wave power and directly transmitting to local grid, which helps reduce reliance on fossil fuels, leading to a reduction in CO2 emissions. The project has had a positive impact on the economy by creating local jobs and supporting local industries. Throughout the development and implementation phases, the project generated employment opportunities for a variety of skilled workers.
Comprised of floaters submerged in the ocean/sea attached to structures such as piers and jetties, Eco Wave Power uses specially designed floaters use buoyancy force, changes in water level and flow, the ‘airlock’ effect, and the vertical movement of waves, to create an efficient energy conversion process. This system serves communities that have less heavy energy requirements and do not have the means for a cumbersome system that could be found further offshore. As such, the capital expenditure requirements are vastly reduced – about 1 million USD per Megawatt installed.
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