Research Project

Ocean wave energy is undergoing a renaissance, with significant funding and effort worldwide devoted to this source of clean energy. This is driven by multiple factors, including the need for decarbonisation and renewable energy development in the face of climate change, the recognition of the diverse benefits of ocean wave energy as part of clean energy systems and a burgeoning Blue Economy.

The establishment of a global offshore wind industry provides an example and opportunity for the development and scaling up of other types of offshore renewable energy generation, including wave energy. With the world’s largest national wave energy resource, Australia is uniquely well-placed to lead in this space, but is not keeping pace with global developments. Consequently, Australia is not realising the financial, social, and environmental benefits that could result from the development of a robust and sustainable ocean wave energy industry. 

Funding Information: Blue Economy CRC, 2024 - 2025, Project value: $36,152

”Ocean wave energy in Australia,” Blue Economy CRC project report, 2024. Link.