Oregon Wave Energy Trust

What we do.

We’re a connector to all stakeholders.
Oregon Wave Energy Trust (OWET) is a nonprofit public-private partnership funded by the Oregon Innovation Council. Its mission is to support the responsible development of wave energy in Oregon.
OWET emphasizes an inclusive, collaborative model to ensure that Oregon maintains its competitive advantage and maximizes the economic development potential of this emerging industry. Our work includes stakeholder outreach and education, policy development, environmental assessment, applied research and market development.

OWET Projects Categories

  • ClearinghouseActs as an information hub for industry, identifying and resolving barriers, and linking groups to provide a forum for wave energy stake-holders.
  • Market DevelopmentInitiates and supports market development activities for the wave energy industry.
  • Applied Research And DevelopmentInitiates applied research projects that answer questions surrounding development.
  • Environmental ResearchInitiates environmental research projects to answer questions key to wave energy development.
  • Policy And RegulationSupport policy and regulatory framework development to advance the wave energy industry.

Annual Report

OWET Annual Report Cover

What’s New

2012 Conference




By the Numbers: World Energy Consumption



Wave energy is created by large storms hundreds of kilometers offshore that generate and transmit huge amounts of energy. This energy travels great distances (via swells) and mixes with local influences (seas) to arrive on shore. The World Energy Council has estimated that approximately 2 tw (2 million mw) – about double current world electricity production? could be produced from the oceans via wave power.

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    Reaching Out

    Did You Know?

    Oregon is a leader in wave energy.
    Oregon focuses on a collaborative model for getting wave energy projects in the water.

    That Oregon’s Coastline is among a few places in the world that has the key elements to tap into wave energy?

    That Oregon can enjoy an abundance of energy generated by ocean waves?

    That our state contains internationally- recognized experts who are leading efforts to responsibly develop wave energy?

    That Oregon has capacity to build, maintain and deliver sustainable wave energy power to the grid?


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    Membership

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    Become a member for Oregon’s future.
    Why support Oregon Wave Energy Trust?

    Wave energy is one key part of the comprehensive alternative energy solution for Oregon. And thanks to a combination of unique characteristics is the only source of energy where Oregon enjoys such a clear competitive advantage. As a result, Oregon’s wave energy industry provides myriad opportunities to deliver significant economic benefits to the state.

    Oregon Wave Energy Trust (OWET) works closely with our state- wide stakeholders: fishing and environmental groups, coastal communities and industry, government agencies and other partners in responsibly developing this new industry while establishing Oregon as the North American leader in wave energy. The work that we do is the real benefit we offer our members.

    Our Founding Partners

    Oregon Wave Energy Trust was funded in part with Oregon State Lottery Funds administered by the Oregon Business Development Department. It is one of six Oregon Innovation Council initiatives supporting innovation and long term economic growth.

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