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@article{174667,
        author = {Sumit Kumar Dwivedi and Sunitha B K and Sachin K. Parappagoudar and Niral s and Sristi Ghosh and Dhruv M Jain and Deepen},
        title = {Wave-Powered Desalination: A Business Feasibility Study for Sustainable Water Supply},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {11},
        number = {11},
        pages = {370-381},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=174667},
        abstract = {The problems of water shortage and sustainable energy supply create essential global issues which affect coastal and arid regions. Traditional desalination methods effectively produce clean water but they consume significant energy from fossil fuel reserves so they become expensive to operate alongside creating long-term environmental problems. The research examines wave-powered desalination from both business practical and technological and financial perspectives as well as market prospects. The abundant yet unused renewable resource known as wave energy provides an attractive solution to power desalination plants through financial savings and environmental protection. The research analyzes important technological breakthroughs involving wave energy converters (WECs) and direct-drive reverse osmosis (RO) systems and hybrid energy systems which enhance operational efficiency and minimize expenses. The economic assessment of wave-powered desalination involves capital investment analysis alongside levelized cost of water (LCOW) and internal rate of return (IRR) and payback period evaluation which demonstrates its benefits versus conventional and other renewable-powered systems. Market adoption depends on three factors: regional water needs, supportive governmental policies and three potential business structures which include public-private collaboration and decentralized off-grid approaches and commercial desalination operations. The study reveals that wave-powered desalination becomes financially feasible for coastal areas with strong wave energy and creates multiple business prospects for isolated populations and industrial facilities as well as government-supported desalination projects. The main obstacles to implementing wave-powered desalination include expensive startup expenses and regulatory hurdles and difficulties scaling up technology. The development of profitable wave-powered desalination technology depends on strategic capital allocation and supportive government policies accompanied by mixed energy approaches. The study presents business-focused guidelines for entrepreneurs and investors together with policymakers to determine wave-powered desalination's sustainability as a commercial enterprise by providing information about cost reduction strategies and market scalability plans.},
        keywords = {Wave-Powered Desalination, Renewable Energy Integration, Market Adoption, Investment & Commercialization and Sustainable Water Infrastructure},
        month = {March},
        }