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ONDEP

Wave
Founded 20240

About

Founded in 2024, ONDEP is a renewable energy company specializing in Wave.

ONDEP is a multi-partner European initiative uniting 14 leading organizations across nine countries to unlock wave energy potential and support Europe's blue economy. The project will establish a 2MW demonstration wave energy farm in Peniche, Portugal, featuring four WaveRoller units. ONDEP combines technology development, environmental assessment, manufacturing capabilities, and grid integration to scale wave energy technology for gigawatt-scale deployments. The consortium includes technology developers (AW-Energy), research institutions (Queens University Belfast), engineering firms (Dr.techn. Olav Olsen AS, TECNALIA), manufacturing partners (ASTURFEITO, ETERMAR ENERGIA), environmental specialists (TecAmb, WavEC), and testing facilities (EMEC). The project targets a levelized cost of energy below €100/MWh by 2035 and aims to create up to 500,000 jobs in Europe.

wave energymarine renewable energyEuropean collaborationWaveRollerocean energyblue economysustainable energyoffshore energy

Founded

2024

Business Models

B2BEPC

Value Chain

R&DManufacturingDevelopmentEngineeringConstructionO&MConsultingCommunity Engagement

Industry Memberships

Ocean Energy Europe

Projects

Peniche Wave Energy Farm

European Wave Energy Deployment Programme

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