RigDrive

RigDrive® is a new technology which short-cuts the traditional wave energy commercialisation market path by providing rapid access to the lucrative oil and gas market. This technology, known as RigDrive® is being developed as a retrofittable module which taps into the potential energy of an existing rig technology, transforming it from an energy consuming to an energy generating product. The energy generating potential of RigDrive® will significantly lower rig operating costs due to the fact that the floating oil rig itself becomes the energy absorber as it moves with the passing waves, allowing mulitple MegaWatts of energy to be generated.

Technology Developer

AquaGen Technologies

Additional Information

Device Website

Device Status Is the device actively being developed or is available for purchase (active)? Or has development or support ended (inactive)?

Inactive

Technology Type

Point Absorber

Power Take-Off Mechanism that converts the motion of the prime mover into a useful form of energy such as electricity, learn more

Hydraulic Generator

Surface Expression

True

Estimated TRL Estimated Technology Readiness Level scale from 1 to 9 with 9 being the most mature technology

TRL Last updated: 13 December 2013

2

Energy Resource

Wave

Water Column Position

Last Modified

2 July 2025

Citation Formats

“RigDrive.” Marine Energy Projects Database: Devices, PRIMRE, United States Department of Energy, https:https://openei.org/wiki/PRIMRE/Databases/Projects_Database/Devices/RigDrive. Accessed <day> <monthRoman> <year>.

Marine Energy Projects Database: Devices. <year>. "RigDrive." Accessed <monthRoman> <day>, <year>. https:https://openei.org/wiki/PRIMRE/Databases/Projects_Database/Devices/RigDrive.

PRIMRE/Databases/Projects Database/Devices/RigDrive

RigDrive

Citation Formats