Green Ocean Energy secures funding for Wave Treader
Green Ocean Energy has secured £45,000 funding through ITF to develop its Wave Treader technology for the oil and gas industry.

According to a statement, the six-month project will examine the potential of the Wave Treader device to provide sustainable electricity to unmanned platforms and offshore installations being decommissioned.
The device works by rotating to face into oncoming waves and converting the motion of the wave into electricity. This electricity is then fed back to the shore through the offshore windfarm’s existing cable network.
Graeme Bell, chief executive officer of Green Ocean Energy, said: ‘Wave Treader was originally designed to attach onto offshore wind turbines, but this project is to explore using Wave Treader with either new or existing offshore oil and gas installations.
‘Remote manned and unmanned offshore platforms currently rely on diesel generators for electricity. These incur fuel and maintenance costs, additional vessel activity and health and safety issues, as well as contamination and pollution risks. There is great potential for our wave energy project to revolutionise how the oil and gas sector is powered.’
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