Eco Wave Power (WAVE) Lytham Partners Fall 2026 Investor Conference summary

Industry trends and market opportunity

• Global data center electricity demand is expected to more than double by 2030, with many centers built along coastlines, making wave energy a strategic fit for direct power supply.

• About 60% of the global population lives within 200 km of a coastline, enabling efficient energy delivery and reduced transmission costs.

• Wave energy could provide up to 66% of U.S. energy needs and has a global potential of over 29,000 TWh per year.

Technology differentiation and advantages

• Most wave energy failures stemmed from offshore deployments, which were costly, unreliable, and environmentally intrusive.

• The current approach uses onshore installations with floaters attached to existing structures, keeping all electrical components on land for reliability and ease of maintenance.

• The system is environmentally friendly, cost-efficient, insurable, and features storm protection by lifting floaters above water during extreme conditions.

Project development and milestones

• Operational experience includes grid-connected projects in Gibraltar (2016–2022), Israel (2023, with EDF Renewables), and Los Angeles (2025, with Shell).

• Upcoming projects include turnkey pilots in Taiwan (Suao Port, with I-KE) and India (Mumbai oil terminals, with Bharat Petroleum), and a major 1 MW project in Porto, Portugal, as part of a 20 MW concession.

• The company holds 18 patents (13 approved, 5 pending) across multiple regions.