The Aegir wave farm was a planned wave farm off the south west of Shetland. The project was developed by Aegir Wave Power, a 2009 formed joint venture of Vattenfall and the wave power technology developer Pelamis Wave Power. The wave farm would have had capacity from 10 MW potentially up to 100 MW. Following the collapse of Pelamis in November 2014, the project was cancelled by Vattenfall in February 2015.