Wave Energy Project News

South Korean wave energy developer INGINE revealed ambitious growth plans for 2022,its10th anniversary.Today the company is approaching a landmark fifth year of wave energy operation in North East Asia, via the Jeju Bukchon Wave Power Plant built in 2015. Additional international projects will see expansion across four continents throughout 2022 and beyond.This includes a Vietnamese and Korean initiative in Quang Ngai province - through a five-party MoU involving Quang Ngai People’s Committee…

CorPower, a Swedish developer of wave energy converters, is establishing an R&D, Manufacturing & Service Centre for wave energy converters in Viana do Castelo, Portugal.The location has been chosen to support CorPower’s demonstration project HiWave-5, and for the long-term development of supply and service capacity for commercial wave energy farms. "Several factors have contributed to choosing Viana do Castelo for this investment. A strong competence pool of engineers from adjacent sectors such as offshore wind…

While the recent swoon in world oil and gas prices has predictably cooled a number of offshore renewable projects, there is a palpable change regarding the way in which the world views renewable energy. Renewable energy projects, at one time merely serving as window dressing, are slowly weaving their way into the mainstream energy mix, with European countries, namely the U.K., leading the way. In November world leaders will arrive in Paris to negotiate a new global agreement on climate change…

The Australian Renewable Energy Agency (ARENA) today joined Minister for Industry and Science Ian Macfarlane to officially switch on the Carnegie Perth Wave Energy Project’s onshore power station. Following successful testing last year, the project is now up and running, feeding renewable energy into HMAS Stirling, Australia’s largest naval base. ARENA CEO Ivor Frischknecht said the occasion marked an important point in the history of wave energy and is the culmination close to a decade of work. “This is the first array of wave power generators to be connected to an electricity grid in Australia and worldwide,” Mr Frischknecht said

Wave energy developer Carnegie Wave Energy Limited has provided an update on the recent progress of the Perth Wave Energy Project. Carnegie has made significant progress on the assembly and testing stage of the Perth Wave Energy Project in advance of the project’s final commissioning and operation phase. Noteworthy recent progress includes the completion of the offshore preparations in advance of the deployment of the CETO unit, completion of construction of the onshore plant including installation of all power generation and conditioning equipment on Garden Island, and nearing completion of the testing of the CETO units. Over the past months, Carnegie has been working through a rigorous program of integration testing of the CETO units in advance of offshore installation and commissioning.

ARENA today announced $770,000 funding for Swinburne University of Technology to develop modelling on the performance of wave energy farms. The wave energy industry is emerging world-wide and there are few multiple device installations operating today. Predicting the best way to arrange future projects will help to better understand how different technologies will behave in certain circumstances. The modelling aims to discover the best ways of positioning wave arrays so that devices move in synergy with one-another, creating greater efficiencies. Swinburne is collaborating with interested Australian wave energy companies, which will sit on a project steering committee and have offered funding support and staff resources.

Lockheed Martin says it has signed a contract with Victorian Wave Partners Ltd. to begin developing the world’s largest wave energy project yet. The 62.5-megawatt peak power wave energy generation project will be built off the coast of Victoria, Australia, using Ocean Power Technologies' (OPT) PowerBuoy® wave energy converter technology. The company’s PowerBuoy wave generation technology uses a "smart," ocean-going buoy to convert wave energy into low-cost, clean electricity. The buoy moves up and down with the rising and falling of waves.

In this case, Ecology argues the Federal Energy Regulatory Commission (FERC) prematurely awarded a license in September to Northern Star Natural Gas for a liquefied natural gas terminal and pipeline that impacts Washington and communities. The proposed pipeline route for the Bradwood Landing project would cross the Columbia River and extend 17 miles underground through . Federal law requires FERC to perform a detailed environmental impact review. Ecology takes issue with the adequacy of FERC's review which guided the Commission's license decision. Rather than wait for FERC's decision on the request for rehearing, Gov. Chris Gregoire directed Ecology to help conduct a thorough environmental review through the State Environmental Policy Act.