This week, the Oceanic Platform of the Canary Islands (PLOCAN) hosted the Annual General Assembly of the European SHY Project (Seawater Hydraulic PTO using Dynamic Passive Controller for Wave Energy Converters). The event brought together the nine consortium partners from universities, research centers, and leading companies in the marine renewable energy sector from across Europe.
The meeting highlighted the strong coordination and international collaboration of the project. As host and key partner, PLOCAN played a central role in the organization and facilitation of the sessions, contributing with its expertise in technological demonstrators and real-sea validation.
The SHY Project, funded by the European Union with nearly €4 million, aims to develop innovative technologies to optimize marine wave energy capture, promoting more efficient, reliable, and sustainable solutions. In addition to PLOCAN, the consortium includes: Wavepiston AS (Coordinator), Julia Fernández Chozas, Applied Renewables Research, Fibron Pipe GesmbH, Maynooth University, Marine Systems Modelling, LESER GmbH & Co. KG, and the Technical University of Denmark (DTU).
During the assembly, the partners reviewed the work packages, completed deliverables, and the financial progress of the project, confirming that the work remains on schedule according to the established plan. Strategies were also defined to achieve the project’s upcoming milestones.
Collaborative workshops were held around key thematic areas such as numerical modelling, prototype design, and control strategies. Additionally, key issues such as data management and the reduction of the Levelized Cost of Energy (LCOE) were addressed. The day concluded with a review of the upcoming meeting schedule and the joint validation of the workshop results.
The consortium reaffirmed its commitment to the project’s main objectives, notably a 30% increase in energy capture, improving system reliability to 98% availability, extending component lifespan by 25%, and fostering the development of a European supply chain for the wave energy sector.
The agenda also included a visit to Wavepiston’s facilities in Arinaga (Gran Canaria), where partners had the opportunity to see firsthand the progress of prototypes and systems under development, further strengthening technical collaboration within the consortium.
SHY – Seawater Hydraulic PTO using Dynamic Passive Controller for Wave Energy Converters
Total project budget: €3,978,212.02
Total EU funding: €3,811,110.32 → ≈ 95.8% funded
Total allocated to PLOCAN: €199,375.00
EU funding for PLOCAN: €199,375.00 → 100% funded
