Wave energy scotland
Discover how we're driving the development of wave energy technology in Scotland
Wave Energy Scotland Limited was incorporated on 19 December 2014 as a company limited by guarantee (SC 493764) at the request of the Scottish Government.
WES operates as a subsidiary of Highlands and Islands Enterprise (HIE) to facilitate research and development activity to accelerate the development of wave energy technologies. Funding is provided by the Scottish Government via HIE.
Find out more about WES in our objectives.
Discover our headline figures
funded contracts
organisations benefited from our support
awarded contracts
countries involved in our wave energy programmes
WES uses a pre-commercial procurement model to drive innovation. This is effectively a technology competition, where a number of potential suppliers enter the programme through an open tender and then carry out a phase of development. At the end of the phase, the concepts are tested, and the best technology is taken through to the next stage for further development. This continues for 3 phases of development, until mature technology can be achieved.
The advantage of this approach to the suppliers is that they can receive up to 100% funding to develop their technology, and the public procurer can quickly identify the best technology through this competitive approach.
This funding mechanism was absolutely essential to Mocean Energy being launched as a company.Cameron McNatt, Co-founder and Managing Director, Mocean Energy