OCEAN ENERGY MARKET DEVELOPMENT SUMMIT · 2020. 9. 9. · COMPANY INTRODUCTION Wave energy...
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05 December 2019 OCEAN ENERGY MARKET DEVELOPMENT SUMMIT TECHNOLOGY DEVELOPERS SHOWCASE
Transcript of OCEAN ENERGY MARKET DEVELOPMENT SUMMIT · 2020. 9. 9. · COMPANY INTRODUCTION Wave energy...
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05 December 2019
OCEAN ENERGY MARKET DEVELOPMENT SUMMITTECHNOLOGY DEVELOPERS SHOWCASE
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COMPANY INTRODUCTION
Wave energy technology developer
• Based in Stockholm, Sweden, with offices in Norway, Scotland and Portugal
• Founded in 2012
• 30 employees today
• Structured five-stage product verification program – IEA-OES/Equimar.
COMPANY 3
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COMPANY INTRODUCTION
Wave energy technology developer
• Based in Stockholm, Sweden, with offices in Norway, Scotland and Portugal
• Founded in 2012
• 30 employees today
• Structured five-stage product verification program – IEA-OES/Equimar.
• Investors with experience from the ocean energy sector, 24 MEUR funding secured to date, mostly non-dilutive
• Major utilities and project developers engaged as customers/partners
• The most mature technology in the Wave Energy Scotland program.
• The only Wave technology promoted by InnoEnergy.
COMPANY 3
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4TECHNOLOGY
OCEAN ENERGY TECHNOLOGY
▪ Tuned point absorbero Resonnating in normal operationo Detuned in storms ⟶ limiting loads
▪ Performance before readiness
Grid connection
WEC system
PTOComposite buoy
Mooring system
Foundation
Ø ≈ 10 m400-500 m3
90 tonnes300 to 450 kW
WaveSpringnegativespring mechanism
Pretensionsystem
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4TECHNOLOGY
OCEAN ENERGY TECHNOLOGY
▪ Tuned point absorbero Resonnating in normal operationo Detuned in storms ⟶ limiting loads
▪ Performance before readiness▪ Large structural efficiency ⟶ low cost
Grid connection
WEC system
PTOComposite buoy
Mooring system
Foundation
WaveSpringnegativespring mechanism
Pretensionsystem
A. Babarit et al. 2012: “Numerical benchmarking study of a selection of Wave Energy Converters”.
10 MWh / tonne
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~30MW ~1GW ~5 GW~500MW
~30MW ~1GW ~7.5GW~500MW ~2GW ~4GW ~15GW ~30GW ~60GW ~120GW ~240GW~250MW~120MW~60MW~7MW ~14MWInstalled Capacity
€150/MWh by 60-100 MW installed capacity (generation 8)
€100/MWh by 250-500 MW installed capacity (generation 10-11)
€60-50/MWh by 4-7 GW installed capacity (generation 14-15)
5PROJECTS
CURRENT STATUS -PROJECTS
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5PROJECTS
CURRENT STATUS -PROJECTS
Stage 4: 2018-2021 Demonstration and prototype certification of single device full scale C4 WEC. Taking the technology from TRL 6 to TRL 7
Stage 5: 2022-2023 Demonstration and type certification of pilot array with three C5 WECs.Taking the technology from TRL 7 to TRL 8
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TARGET MARKET & WHY
MARKETS
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TARGET MARKET & WHY
MARKETS
Wind (6.5 GW) and solar (13.5GW) production: Actual time series of the period Wave production (6.0 GW): Estimate based on measured wave data and CorPower power matrix 6 GW wave energy devices evenly distributed over four sites along the coast of California
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Anders Jansson, Commercial Director
P. +46 707-575762
Web: www.corpowerocean.com
oceanenergygroup.org.au
COMPANY CONTACT
http://www.corpowerocean.com/
