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 Work

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

What’s New

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.

2010 Conference

EnergyOcean Pacific collocated with Ocean Renewable Energy Conference V, September 29 & 30, Portland, Oregon

2010 Conference

Membership

Join Us.

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.

Business Oregon

Oregon Inc