Wave Power Technology, Wave power technology uses mechanical devices to capture ocean energy, contributing to sustainable electricity.

Wave Power Technology refers to the various methods and devices used to harness and convert ocean wave energy into electricity or other useful forms of energy. These technologies, also known as WECs, can be categorized by their location of deployment (onshore, near-shore, or offshore) and their operating principle. Examples of wave power technology include point absorbers, attenuators, and the oscillating water column devices. The field is continuously evolving with new designs aimed at improving efficiency, survivability, and cost-effectiveness.

The Wave Energy Converter Industry is a highly innovative and technologically driven field. It comprises a mix of specialized startups, research institutions, and a few major energy companies investing in next-generation wave power technology. The industry is heavily focused on research and development to improve the efficiency, durability, and cost-effectiveness of various WEC designs.