This article is dedicated to providing a detailed review concerning the SPH-based hydrodynamic simulations for ocean energy devices (OEDs). Attention is particularly focused on three topics that are tightly related to the concerning field, covering (1) SPH-based numerical fluid tanks, (2) multi-physics SPH techniques towards simulating OEDs, and finally (3) computational efficiency and capacity. In addition, the striking challenges of the SPH method with respect to simulating OEDs are elaborated, and the future prospects of the SPH method for the concerning topics are also provided.