The basis of the study lies with a newly patented gearbox by cardiologist and inventor Stig Lundbäck. Stig founded CorPower Ocean AB to further develop the gearbox to be used in a wave energy device. The purpose of this project is to develop a concept of a lifting system with CorPower Oceans gearbox that is more energy efficient than a hydraulic lifting system. The goal is to use technology from CorPower Oceans gearbox inversely to perform heavy lifting as an alternative to hydraulics. The project is limited to applying the gearbox and gear rack on a forklift with a lifting capacity of ten tons.The main tool in this project will be the product development process Systems Engineering where only the most relevant parts will be used to develop a concept. Calculations of the strength and dimensions of the gear racks are made to ensure the possibility of this solution.

The ocean has tremendous potential in terms of energy generation, and wave energy is especially promising. However, wave energy technology is still non-commercial. Along with ambitious renewable energy targets and investments, much is happening within the field and the wave energy converter developers CorPower Ocean intend to have their technology proven in the upcoming years. This study aims at investigating the value of commercial wave energy in an energy system. This is fulfilled by the possibilities of achieving 24/7 Carbon-free Energy with the wave energy technology from CorPower Ocean at the stage of commercialization. An energy system is modeled with wave energy, floating offshore wind energy, lithium-ion battery storage and the Portuguese national grid, supplying Northvolt’s and Galp’s future lithium conversion facility in Portugal. Different system configurations are compared based on three Key Performance Indicators: 24/7 Carbon-free Energy performance, system emission, and cost for the electricity consumer. In addition, a review of available financial support mechanisms for renewable energy technologies and especially wave energy is done to understand how such mechanisms can affect the economic feasibility of the energy system modeled. The wave energy technology from CorPower Ocean shows to have a high power output and 24/7 carbon-free Energy performance in this study. Although a combination of wave and floating offshore wind energy better ensure energy security with generation profiles that peak at different times, the modeling shows that a system with wave energy alone is preferred for supplying the facility with electricity both from an environmental and economic perspective. The economic feasibility of Lithium-ion battery storage in the system is uncertain and to achieve 24/7 Carbon-free Energy supply of the facility a longer duration storage solution is needed. The price for wave energy in this study is higher than for other commercial renewable energy technologies such as solar PV. However, based on the available financial support structures from governments and other stakeholders, wave energy technology has the potential to be competitive as soon as the technology is proven. / Energigenerering från våra hav har stor potential, inte minst från vågkraft. Trots att vågkraftstekniken ännu inte har nått ett kommersiellt stadie händer det mycket inom området i takt med fler ambitiösa miljökrav och investeringar. CorPower Ocean utvecklar vågkraftsteknik och planerar att ha sin teknik bevisad inom några år. Den här studien syftar till att undersöka värdet av kommersiell vågkraft, vilket uppfylls genom möjligheterna till förnybar el 24 timmar om dygnet med CorPower Ocean’s vågenergiomvandlare. Ett energisystem modelleras med vågkraft, flytande vindkraft, litium-jon batterier och det portugisiska elnätet för att försörja Northvolts och Galps planerade anläggning för litiumkonvertering i Portugal. Olika systemkonfigurationer är jämförda utifrån tre parametrar: 24/7 förnybar el prestation, systemutsläpp och elkostnad för konsumenten. I tillägg utförs en studie om vilka finansiella supportmekanismer som finns för hållbar energiteknik och speciellt för utvecklingen av vågkraft. Detta för att få insikt i om vågkraft kan få finansiellt stöd och konkurrera med andra förnybara energitekniker. Studien visar att vågkraftstekniken presenterar bra utifrån de tre parametrarna. Trots att en kombination av våg och flytande vindkraft ger bättre elsäkerhet med alternerande produktionskurvor visar modelleringen att ett system med endast vågkraft är att föredra både från ett ekonomiskt och ett miljöperspektiv. En investering av litium-jon batterier i energisystemet är tveksam och för att uppnå förnybar elförsörjning av anläggningen 24 timmar om dygnet krävs en energilagringsteknik som möjliggör lagring över längre perioder. Priset för vågkraft i studien är högre än för andra kommersiella förnybara energitekniker så som solpaneler. Baserat på det finansiella stöd som finns från myndigheter och andra intressenter så är det möjligt för vågkraften att bli konkurrenskraftig så fort tekniken är bevisad.

In this thesis, a model has been developed to analyze the behavior of wave energy converter arrays in the frequency domain. This development serves the purpose of establishing an in-house model tool for array modelling for CorPower Ocean. A literature review has been conducted to compare various modelling approaches and prior studies on different configurations of wave energy converter arrays have been examined. The literature review is followed by theory that includes linear wave theory and the equation of motion. Following this, the model is introduced, accompanied by behavior validation in comparison to similar models. The selected case studies for this thesis are divided into two parts. Firstly, the investigation of different layout configurations with 16 Wave Energy Converters: 1) Circular configuration, 2) Double Circular configuration, 3) Double Row configuration (2x8), 4) Square Grid configuration (4x4), and 5) Randomized layout. The second chosen study case involves investigating layout 3) Double Row configuration (2x8) with four different distances between each Wave Energy Converter, 50, 100, 150, and 200 meters. The results demonstrate the presence of interactions within the wave energy converter arrays. The Double row layout exhibits the largest power outputs but power drops at certain waveperiods were also observed. Additionally, the results of different distances between the Wave Energy Converters demonstrate that larger spacings result in reduced interactions.