Lots of Moving Parts Dan Solomon and Walter Kemmsies Moffatt & Nichol Advisory Group.
Ocean Compressed Air Energy Storage (OCAES) : Moffatt & Nichol
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Transcript of Ocean Compressed Air Energy Storage (OCAES) : Moffatt & Nichol
Ocean Compressed Air Energy Storage (OCAES)
Enabling Renewables To Become Baseload Energy
Innovative GCAES™ Compressor/Expander Technology
• Shore-Based• Modular• Scalable• No External Fuel / Carbon-Free
Air Receivers in Deep Ocean Waters
• 600M to 2000M Water Depths• Uses Ocean Water Column to Eliminate Need for Pressure Vessel• Scalable
Submarine Pipeline
• Linking Compressor / Expander Units to Air Receivers• Horizontal Directional Drill / Micro Tunneling in Shallow Water Region
What is OCAES?THREE KEY COMPONENTS:
(OCAES)Ocean Compressed Air Energy Storage
+ Fully Dispatchable Clean Power + Utility-Scale Bulk Storage+ Low Cost
• Founded by Veteran Wind Developers
• Backed by Development Financing from US Renewable Group, Duke Energy, and Others
• Developers of GCAES™ Technology
• Also Funded Under DOE ARPA-E
• Incorporated 2006
• Headquarters: Newton, MA
• Engineering News Record Top 100 Design Firm
• Global Infrastructure Consultancy Specializing in Marine Nearshore and Offshore Projects
• 27 Global Offi ce Locations
• Incorporated 1945
• Headquarters: Long Beach, CA
What Makes OCAES Compelling?
Why choose OCAES?
Who Are We? PARTNERSHIP BETWEEN GENERAL COMPRESSION + MOFFATT & NICHOL
Corporate Office
3780 Kilroy Airport Way, Suite 750
Long Beach, California 90806
phone: 562.590.6500
fax: 562.590.6512
www.moffattnichol.com