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Energy Globe Award

With more than 182 participating countries and over 2000 project submissions annually the Energy Globe Award is today's most prestigious environmental prize worldwide. It distinguishes projects regionally, nationally and globally that conserve resources such as energy or utilize renewable or emission-free sources. Award ceremonies are held all over the world. Prominent personalities as well as Energy Globe Ambassadors in 90 countries support the mission of Energy Globe. The activities of Energy Globe attract worldwide media attention - international TV stations report each year with approximately 1,000 hours of broadcasting time. The aim of the Energy Globe is to raise global attention on sustainable, everywhere applicable environmental solutions and to motivate people to also become active in this area.

National ENERGY GLOBE Award Gibraltar 2018

Submitted by: Eco Wave Power
Wave Energy Power Station

Eco Wave Power is the first commercial wave energy array in Europe that is selling electricity to the electrical grid. The system works by drawing energy via specially designed floaters which move up and down with the movement of the waves to create pressure which in turn drives a hydro motor and a generator mechanism. The first stage of this project consists of a 100KW grid connected power plant.

Initial situation
Many countries did not standardize their wave energy tariffs as well as other governmental payment instruments therefore; they faced the challenges and barriers of commercialization of wave energy through the tariff for wave energy. The other stumbling block to the success of wave energy technology is that many officials want to see the wave energy technology operating in their own coun-try's waters and climate.

This company is the first in the world to sell wave energy to the electrical grid of Gibraltar. The solution is to use specially designed floating mechanism to produce wave energy that turns the electric motor to produce energy. These floaters can be attached to many types of structure and they also contain sensors that continuously monitor the performance of the onboard system.

In this project, the company uses innovative, patented design features in order to produce low cost and reliable wave energy with a smart system which identifies incoming storms. In addition, the company offers a disruptive approach to the wave energy market therefore, instead of using expensive machinery offshore they install floaters in the on-shore and near-shore zones.

Capital: Gibraltar (Stadt)
Official language: English
Total area: 6.7 kmĀ²
Population: 32.194
GDP/Capita/Year: $50.941
Source: Wikipedia 2012