Approximately 70% of the Earth is covered by water, and 97% of that water is to be found in the oceans.

Theorists profess that 100% of the world energy needs can be sauced from the sea. In practice however the reality is that only certain areas of the oceans are viable for the deployment of wave energy converters.

Wave energy converters cannot be installed in areas in or close to shipping lanes, and politically each country has territorial rights to the ocean up to 12 nautical miles from their coast. More importantly however is the available wave resource around the world, as this dictates the commercial viability of generating enough power to offset the cost of manufacture and installation.

The chart below shows the areas of coastline around the world and their corresponding wave resource.

Wave energy converter developers have to date been concentrating on building devices that will function in the areas of high and extreme wave resource (marked in red and orange) as these contain the most inherent energy for conversion.

Whilst this seems like an obvious decision it is not without its problems. Extreme sea states also contain some of the harshest environments on earth making installation and maintenance difficult and creating issues around the survivability of the devices.

The efficiency of Ocean Navitas' Aegir Dynamo allows it to be operated in areas as low as 15-20kW per meter providing a significantly larger market and operational area, and mitigates some of the issues mentioned above.