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 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