The Australian Renewable Energy Agency (ARENA) has congratulated Carnegie Wave Energy for reaching a significant milestone in a $34 million project that is set to advance wave energy in Australia and beyond.
The agency’s chief executive officer Ivor Frischknecht joined the Minister for Industry Ian Macfarlane at the unveiling of three newly constructed CETO units at the Australian Marine Complex in Henderson, Western Australia, saying it was a landmark demonstration of a complete grid-connected, commercial scale wave energy installation.
“ARENA is very pleased to be supporting this vital project, which will install three
240kW CETO Units, with $13.1 million funding,” Mr Frischknecht said.
“The three units will be tethered in an array that uses the energy in the ocean’s waves to drive offshore seabed pumps with the high-pressure water carried via a subsea pipeline to an onshore power station, driving hydroelectric turbines.”
The high-pressure water can also be fed into an onshore desalination plant, supplying fresh water without the need for electrically driven pumps.
“Australia’s wave energy resources along our south and south-west coasts are among the best in the world and, importantly, can be reliably predicted days ahead,” Mr Frischknecht said.
“There is great long-term potential for wave energy in Australia, with a range of competitive Australian technologies being developed towards commercialisation.”
Mr Frischknecht said the energy produced by the Carnegie Wave Energy project would be purchased by the Australian Department of Defence, supplying energy to the nation’s largest naval base, HMAS Stirling.
“This project will generate Carnegie’s first revenues and, although a relatively small generator, is a significant step forward in commercialisation of the CETO wave energy technology,” he said.
“This is a prime example of how ARENA is supporting technologies through demonstration towards bankability to increase the competitiveness of renewable energy.”