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OHT

A hydraulic collection tower, with a novel energy storage device for wave energy arrays

Total Cost €

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EC-Contrib. €

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Partnership

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Project "OHT" data sheet

The following table provides information about the project.

Coordinator
OCEAN HARVESTING TECHNOLOGIES AB 

Organization address
address: CAMPUS GRASVIK 28
city: KARLSKRONA
postcode: 371 75
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Sweden [SE]
 Project website http://www.oceanharvesting.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-06-01   to  2017-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    OCEAN HARVESTING TECHNOLOGIES AB SE (KARLSKRONA) coordinator 50˙000.00

Map

 Project objective

Wave energy convertors (WEC) capture the energy contained in ocean waves and use it to generate electricity. The use of wave energy provides the opportunity to generate energy at a wide range of locations throughout Europe, which will strengthen the stability of Europe’s energy networks. WEC developers have still not achieved a lower cost of energy through a viable and competitive technology. Ocean Harvesting Technologies AB (OHT) was founded in 2007 and develops an innovative and patented hydraulic collection system and storage technology for wave energy arrays. The power captured by wave energy converters (WEC) is pumped in the form of pressurized fluid through a piping system to a central tower, where the collected power is first smoothed by the novel OH energy storage device and then converted into electricity. OHTs vision is that their technology will solve the problems with current centralized hydraulic collection systems through a more efficient solution and ultimately lead to lower cost of energy. Besides generating efficient and even power, the simplicity of the OH design will allow better protection in rough conditions, and make its manufacture impressively cost-efficient. OHTs energy storage technology will not only remove the intermittent nature of wave energy but turn wave farms into flexible power plants. OHT have raised 3,2 M EUR in private equity to date.

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The information about "OHT" are provided by the European Opendata Portal: CORDIS opendata.

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