Oregon Wave Energy Trust

Why Support the Oregon Wave Energy Trust?

The ocean is the largest, most concentrated supply of renewable energy on earth. Some experts have estimated it has the potential to provide 10 percent of the world’s energy. In Oregon, our goal is to have wave energy producing 500 MW by 2025.

Wave energy is one part of a comprehensive alternative energy solution for Oregon and the only source of energy – thanks to a combination of characteristics unique to the state – where Oregon has a clear competitive advantage. The wave energy industry has the potential to deliver significant economic benefits to the state.

The Oregon Wave Energy Trust is working with stakeholders statewide – fishing and environmental groups, coastal communities and industry, government agencies and other partners – to responsibly develop this new industry and establish Oregon as the North American leader in wave energy. The work we do is the real benefit we offer our members:

We work everyday with different stakeholders to understand their concerns, listen to their ideas and share information in a two-way stream.
We are conducting research that will independently answer many environmental and socio-economic questions.
We are working with policymakers to understand and reduce barriers to development.
We are working with utilities and others to create an efficient marketplace for wave energy.

The three key ingredients needed to become a global leader in this clean, sustainable energy are starting to come together for Oregon – an unending supply of ocean energy, emerging technological knowledge to harness that energy and a promising marketplace to supply that energy to the grid. Now, we need your help turn innovation into reality.

Become a member. Get involved. Stay informed.

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.