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Oregon Wave Energy Trust (OWET) – with members from fishing and environmental groups, industry and government – is a nonprofit public-private partnership funded by the Oregon Innovation Council since 2007. Its mission is to promote the responsible development of ocean energy in Oregon. We serve as a connector for all stakeholders involved in wave energy project development – from research and development to early stage community engagement, final deployment and energy generation and job creation – positioning Oregon as the North America leader in this nascent industry and delivering its full economic and environmental potential for the state. OWET’s goal is power two Oregon communities with ocean energy by 2025.
OWET 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.
For more information about OWET or to support the development of wave energy in Oregon please contact us by email.