Scots ocean energy pioneer Mocean Energy is heading to COP 28 this week as part of a delegation of 19 leading companies seeking to showcase Scotland’s ambition and expertise in net zero. Company co-founder and Managing Director Cameron McNatt will take part in an intensive programme of events in the United Arab Emirates where he and other business leaders from … Read More
Mocean Energy raise £2.2million new equity plus £500,000 grant to drive commercialisation plans
Press release – 13th November 2023 Wave energy pioneer Mocean Energy has raised £2.2million new equity alongside a £500,000 grant to drive the commercialisation of its wave energy technologies. The equity funds come from existing investors including Equity Gap, Scottish Enterprise and Old College Capital, the University of Edinburgh’s venture investment fund, alongside new shareholders Norwegian impact investors Katapult Ocean … Read More
Mocean Energy lands £3million for next generation wave machine
Press release – 5th September 2023 Wave energy pioneers Mocean Energy has secured over £3million EU funding to develop and deploy a 250kW wave machine in Orkney. The large-scale wave energy device – named Blue Horizon 250 – will be manufactured in Scotland and will be deployed in a grid-connected berth at the European Marine Energy Centre (EMEC) in Orkney … Read More
Wave energy agreement targets stranded reserves and life extension
Press release – 24th August 2023 Aker Solutions Subsea and Mocean Energy will explore low-carbon solutions that increase the lifetime of brownfield energy infrastructure by using locally generated ocean power to tie-back stranded reservoirs. Wave energy could help tap new reserves from well-used oil and gas infrastructure under a joint-industry plan revealed today. Wave energy specialists Mocean Energy and offshore … Read More
Mocean hosted Orkney Industry Day
On the 13th of June, we had the pleasure of welcoming guests for a first-hand look at our collaborative Renewables for Subsea Power demonstrator project. We were joined by our project partners from Verlume, Transmark Subsea, Baker Hughes, and representatives from our sponsors Serica Energy, Harbour Energy and PTTEP who travelled all the way from Thailand for the occasion, as … Read More
Key themes emerge from leading conference on ocean energy
Key themes emerge from leading conference on ocean energy
Founder’s Blog – The Potential of Wave Energy
Company co-founder and managing director Cameron McNatt discusses current activity and the future of the wave energy sector. The energy in ocean waves is 50% due to kinetic energy (the fluid particles move in ellipses) and 50% due to potential energy (the water surface goes up and down). The wave energy industry is also split between kinetic (i.e. what is … Read More
Founder’s Blog – The Wave Energy Scotland Experience
29 November 2019 With the Wave Energy Scotland Annual Conference coming up, the fourth that WES has held and the fourth that Mocean will attend, company co-founder and managing director Cameron McNatt reflects on Mocean’s expereince in the WES programme. Have you ever been waiting to find out something really important, something that would change your life, and with the assumption that … Read More
EWTEC 2019 Paper
3 September 2019 After 3 years of technical development funded by Wave Energy Scotland, we finally have had the opportunity to present some of our results at the 2019 European Wave and Tidal Energy Conference in Naples, Italy. A draft version of the paper is attached below. The paper describes the results of our Stage 2 WES project, in which … Read More