In May 2010 Aquamarine Power released the design of a new wave power device. Aquamarine had already begun testing its Oyster wave power device at the European Marine Energy Center (EMEC) in Orkney.
The new wave power device is its Oyster 2, a wave energy converter that has a generating capacity of 800kW. It measures 26 meters by 16 meters and it is capable of delivering 250 per cent more power than the original Oyster 1. The Oyster 2 incorporates design improvements which will allow it to produce more energy and make it simpler to install and maintain.
Three of the Oyster 2 devices are going to be deployed at EMEC in 2011. The three devices will be linked to an onshore hydro-electric turbine with a 2.4MW capacity. A wave energy farm of 20 Oyster 2 devices would produce a generating capacity of 16MW and enough electricity produced for over 12,000 homes.
In November a $50,000 grant was received from Oregon Wave Energy Trust (OWET) to undertake a feasibility study of deployment of the Oyster wave technology. The study will look at the intensity and the frequency of the waves along the Oregon shoreline. This gives the device two locations where the viability of a utility scale project might be developed.