Oregon Wave Energy Trust

About OWET

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.

OWET Board of Directors
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For more information about OWET or to support the development of wave energy in Oregon please contact us by email.

    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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    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