This paper deals with the performance analysis and design of impulse turbine for owe type wave energy plant. Numerical analysis is performed using a commercial software FLUENT. This parametric study includes the variation of several important parameters, such as the number and shape of blades, hub ratio, and tip clearance. Since parametric study at various flow coefficients requires a considerable amount of computing time, two-dimensional analysis is employed to find out optimum principal particulars. Full three-dimensional calculations are also performed for several test cases, in order to confirm the validity of the two-dimensional approach. Up to the present stage, tentative results are demonstrated the usefulness of 2-D analysis.