The present work aims to evaluate the wave energy resources in the Black Sea basin. The study is focused on the western part of the sea, which is traditionally considered as being more energetic. In order to give a first perspective of the wave climate, a medium-term wave analysis was carried out using in situ measured data. As a further step, a wave prediction system was implemented for the Black Sea. This was based on the simulating waves near-shore model, which is used for both wave generation and near-shore transformation. This methodology has the advantage that a single model covers the full scale of the modelling process. Various tests were performed considering data measured at three different locations. Special attention was paid to the whitecapping process, which is still widely considered to be the weak link in deep water wave modelling. Comparisons carried out against measured data show that the wave prediction system generally provides reliable results, especially in terms of significant wave heights and mean periods. By increasing the resolution in geographical space, the field distributions of wave energy were analysed for both high and average wave conditions. The analysis and the wave prediction system developed are a prerequisite for further investigations extended in time and with increased resolution in the near-shore direction.