Seabased

Seabased is a company that offers cost-competitive renewable energy from wave to grid. With a slogan of "Cost-competitive renewable energy from wave to grid", their mission is to develop and lead the emerging and potentially enormous wave energy market. The company has been full-scale ocean testing for over 10 years and has pilot experience managing every aspect of their turnkey wave parks. Waves work 24/7/365, are highly predictable and utterly renewable, aiding with grid integration and avoiding the need for expensive batteries. Their modular wave parks allow customers to start recovering costs before the entire park has been completed. Seabased wave parks can be a great source of energy for many coastal and island populations, as they don’t require scarce and expensive land area, and they don’t create eyesores or loud noises. The company's technology is aligned with the UN Sustainable Development goals, and research indicates that their parks create artificial reefs that provide a refuge for marine wildlife. Seabased has been awarded the European Commission's Seal of Excellence and is a beneficiary of multiple grants, currently including two Interreg grants, OESA and Dual Ports.