This work would not have been possible without the support of many people. First I would like to thank my supervisor Professor John Dalsgaard Sørensen for his advice, encouragement and guidance during my work. His knowledge has been a great inspiration to me. Thanks also go to Associate Professor Jens Peter Kofoed for the support concerning the wave energy sector. Furthermore, I would like to thank Associate Professor Morten Kramer for organising the collaboration with Wavestar A/S and for the helpful discussions about the technical background of this kind of device. Also, thanks to our contacts from DNV-GL, especially Claudio F. Bittencourt, for sharing their knowledge about wave energy devices and for showing the problems from an industrial perspective. Thanks to my colleagues at the Department of Civil Engineering for the fruitful discussions we had during the 10 o'clock break and the time we spent together during our spare time. Also, many thanks to the secretary staff at the department, who made it a warm welcome when starting the PhD and helped me a lot with different paperwork.