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This Technical Specification establishes a system for estimating, analysing and reporting the wave energy resource at sites potentially suitable for the installation of Wave Energy Converters (WECs). This system may be applied at various stages of site assessment (from initial investigations to detailed design). It should provide suitably accurate estimates of the wave energy resource to enable the theoretical annual energy production to be calculated in conjunction with the IEC Technical Specification on WEC performance. The Technical Specification specifies methods for determining wave climate properties relevant to the design of an isolated WEC or a wave energy array. The wave energy resource is primarily defined using hydrodynamic models that are validated against measurements. The framework and methodologies prescribed in this Technical Specification are intended to ensure that only appropriate models are used, and that they are applied in an appropriate manner so that one can have confidence in the results. Moreover, the document prescribes methods for analysing metocean data (including the data generated by modelling) in order to properly quantify and characterize the scale and attributes of the wave energy resource, and for reporting the results of a resource assessment in a comprehensive and consistent fashion. The responsible committee is DKE/GK 385 "Meeresenergie-, Meeresströmungs-, Wellen- und Gezeiten-Kraftwerke" ("Marine energy - Wave and tidal energy converters") of the DKE (German Commission for Electrical, Electronic and Information Technologies) at DIN and VDE.