Oregon Wave Energy Trust
Market Development
Initiate and support market development activities for the wave energy industry.
Please note: many of the OWET project reports posted on the Web site are large files. Download times may vary. We appreciate your patience.
Coastal Infrastructure Inventory (Wave Energy Infrastructure Assessment in Oregon)
Assessment of the needs of the wave energy industry and infrastructure in Oregon to support them.
Partner: Advanced Research Corporation
Completed: 2008-2009
Cost: $44, 960
Download: Full Report (PDF 36MB)
Industry Matching Funds: Coos Bay Project Development Grant
Grant to implement specific research projects in support of Ocean Power Technologies (OPT) Federal Energy Regulatory Commission (FERC) license application.
Partner: Ocean Power Technologies
Industry Matching Funds: Douglas County Project Development Grant
Matching grant provided for research projects in support of Douglas County’s FERC license application.
Partner: Douglas County, Oregon
Completed: 2008-2009
Cost: $89, 842
Industry Matching Funds: Reedsport/Winchester Bay Project Development Grant
Grant to implement specific research projects in support of OPT’s FERC license application.
Partner: Ocean Power Technologies
Completed: 2008-2009
Cost: $200,000
Marine Energy Interest Working Group (MEIG)
Co-sponsored creation of, and participated in, on-going forums to exchange information on marine-energy electric generation technologies, applications and market developments.
Partner: Electric Power Research Institute (EPRI)
Utility Market Initiative (UMI)
Creation of an effective strategy, including applicable tools, to help build an utility/wave energy industry relationship and guide the integration of wave energy projects in the electric utility system.
Partner: Pacific Energy Ventures
Completed: 2008-2009
Cost: $503, 925
Download: Full Report (PDF 10.5MB)
Download: Individual Sections
Membership
Join Us.
Become a memberfor 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.
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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.
