#93 - Patrik Möller - CorPower Ocean - "Wave energy could surpass global nuclear capacity."

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New Wave | Hugo Rauch | Substack

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🌊 Riding the Next Energy Wave

Why wave energy might become the missing piece of the 24/7 clean power puzzle.

We’re joined by CorPower Ocean co-founder & CEO Patrick Müller, an engineer and deeptech entrepreneur building one of the world’s most advanced wave energy companies.

In this episode, we dive into the future of wave energy, and unpack what it really takes to turn one of the ocean’s harshest environments into a scalable source of clean electricity. Patrick explains why wave energy has historically failed, what changed technically over the last decade, and why CorPower believes it can finally make ocean power commercially viable.

In our conversation, we covered:

→ Why wave energy could become a multi-terawatt global opportunity

→ The brutal engineering challenge of surviving 18-meter ocean waves

→ How CorPower’s “phase control” technology boosts energy capture 3x

→ Why wave energy complements solar and wind instead of competing with them

→ The economics behind 24/7 clean power systems

→ Why modular “Lego-style” deployment matters more than giant machines

→ The role of grants, public support, and first commercial projects

→ Why data centers may become one of wave energy’s biggest customers

→ How CorPower spent nearly 14 years de-risking the technology before scaling

One of the most interesting parts of the conversation was Patrick’s framing of the ocean as a giant natural battery. Instead of generating power only when the wind blows or the sun shines, wave energy captures energy already “stored” in ocean swells, creating a much smoother and more predictable production profile.

And that changes the economics of clean energy systems entirely.

According to CorPower, adding wave energy into a renewable mix can significantly reduce the amount of storage and grid infrastructure required to reach near-constant clean electricity.

✨ Leave a review and share the episode if this conversation challenged the way you think about growth, innovation, and sustainability.