There is great potential for wave energy technology, as 80% of Australia's population resides along the coast.
In June of 2016, the Perth-based Carnegie Wave Energy Project set a world record by completing 14,000 cumulative operating hours. For the entire year prior, the project utilized wave energy to generate clean, renewable energy and potable desalinated water for the largest naval base in Australia, HMAS Stirling. Located near Garden Island, Western Australia, the CETO 5 marine energy system is the first of an entire fleet of wave power generators intended to be connected to an electricity grid.
“ARENA is proud to help local companies, like [Carnegie Wave Energy Limited], develop new renewable energy solutions that have the potential to change the way the world generates electricity,” said ARENA CEO Ivor Frischknecht. “We do this by providing Australian innovators with the support they need during the critical RD&D period, when patient funding is essential.”
As Climate Action Programme notes, wave energy technology is a true game-changer, particularly for Australian residents. This is because it can provide zero emissions electricity to 80% of the country’s population which resides along the coast.
At the time of its reporting, clean energy technicians were preparing to launch CETO 6. Each one has a targeted one-megawatt capacity – four times the output of the CETO 5 unit. A subsea cable transmits the power onshore, and it’s this design that will be used in commercial CETO projects.
The Australian Renewable Energy Agency (ARENA) provided $13.1 million in funding for the project.
Though this news was initially released in 2016, few in the world are aware of the development, which is why it’s being revisited. What are your thoughts? Please comment below and share this news!
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