Point Absorber Wave Converter Market Growth Forecast

Point Absorber Wave Converter, Point absorber wave converters use buoy systems to harness wave energy efficiently in offshore conditions.

A Point Absorber Wave Converter is a common type of WEC that consists of a floating buoy-like structure. It works by capturing the vertical motion of waves and converting that up-and-down movement into electrical energy through a hydraulic or mechanical system.

The key advantage of a point absorber wave converter is its ability to absorb energy from waves coming from all directions. They are typically deployed offshore, anchored to the seabed, and can be used individually or in large arrays to generate a significant amount of power.