Public data, results, and final report from a study on methods to design and optimize an over-voltage protection (OVP) system for a floating, two-body Wave Power System (WPS). The work has been performed by assessing the conditions under which hydrodynamically induced transient over-voltage (OV) events occur, identifying means to detect these events, formulating and assessing solutions to mitigate their impact and protect embedded equipment, and performing a comparative analysis against the baseline to evaluate the impact on: 1. Power Performance (percent improvement in annual mean electrical power (MEP) at PacWave-South); 2. Capital expense (capital cost of OVP, increase over the base system); and 3. Reliability (mean time to failure (MTTF) for the improved OVP system). To perform this comparative analysis, the proposed OVP system solution was compared against a baseline, an industrial standard design for emergency fault protection in wind turbines, which included a dynamic braking chopper (DBC) for DC link protection and a standard 3-phase remote operated circuit breaker for generator disconnect. Improvement in real time DC link voltage management is necessary to minimize OV events and reduce risk to components connected to the DC link, specifically electrolytic capacitors. In practice, DC link voltage regulation between multiple inverter power sources, the generator and BESS power converters, can be achieved with advanced high-speed real-time control loops, such as PROFINET, an industrial standard for real-time communications. Modeling showed that built-in approaches to OVP, namely the DBC and BESS, can raise the trip threshold versus baseline from 7.6 RPM to 8.5 RPM, greatly increasing MEP. The modeling effort found two additional viable approaches to OVP, flux weakening and the use of a solid-state or other fast-acting disconnect switch, that further improve annual MEP and MTTF to completely fulfill the original project goals. This project is part of the TEAMER RFTS 13 (request for technical support) program.