Oscilla Power is focused on developing large scale wave energy converters (WEC’s) that can provide reliable, utility-scale energy, enabling significant reductions in carbon emissions. Our 100kW Triton-C system is currently located in Hawaii and is waiting to be installed at the Wave Energy Test Site off the Marine Corps Base Hawaii. The Triton technology is known as a “multi-mode point absorber” and consists of a geometrically optimized floating hull connected to a submerged reaction structure.

In Sub-Saharan Africa, electricity access is progressing, but electricity use for economic growth remains stagnant. Powering economies sustainably is vital to enhancing livelihoods and is particularly challenging in agriculture-led rural economies, where the financial viability of electrification hinges on having sufficient demand to ensure sustainable revenues for utilities, which in turn provides economic benefits to consumers.

Floating offshore wind energy is a nascent form of renewable energy development that marries oil and gas floating technologies with wind components from the well developed bottom mounted offshore wind sector. With steep bathymetry and deep waters, coupled with world class wind resources, the west coast is poised to develop 10’s of gigawatts of floating offshore wind. Europe dominates this sector to date, but Asia, and China in particular, are quickly developing and will soon lead Europe in installed capacity.

The rapid integration of variable renewable energy sources (VRES) into power grids increases variability and uncertainty of the net demand, making the power system operation challenging. Operating reserve is used by system operators to manage and hedge against such variability and uncertainty.