Download - John McCarthy, CEO. oceanenergy.ie
John McCarthy, CEO.
www.oceanenergy.ie
Annual Global Electricity Usage; 18,000 TW/h
Achievable Wave Electricity Supply; 2,000 TW/h
Global Market Worth up to; € 200 B. p.a.
Resource Renewed; Continually.
OCEANENERGY - The Resource
Voith Hydro (Wavegen) Concept Design, Fixed Shore Device
Voith Hydro – Fixed Shore Device, Islay, Scotland
- Founded in 2001.
- Focus on commercial Wave Energy Devices.
- Funding to date : Equity and State Supports.
- Quarter Scale live Sea state testing completed.
OCEANENERGY – The Company
OceanEnergy - Technology
• Simple Design and Ease of Construction.
• Only one moving part in power generation.
• Low mooring forces - vastly improved survivability.
• Low maintenance.
• Plug and Play / Unplug Away.
OCEANENERGY BUOY OPERATION
Galway Bay – 1:4 Test Device
2006 - 2009, The Results• Survivability.
• 21,900 (2 ½ Years) hours on Station.
• Wave heights scale 32m during trials.
• Air flows and Power Output confirmed.
• Minimum Mooring Tensions.
Development & Evaluation ProtocolHMRC (UCC) & Marine Institute (2003)
• Phase 1 ; Validation Model.
• Phase 2 ; Design Model.
• Phase 3 ; Process Model.
• Phase 4 ; Prototype Device.
• Phase 5; Demonstration Device.
Ocean Energy in IrelandGovernment Strategy (2006)
• Phase 1 (2005-2007) ; Large Scale proto-types.
• Phase 2 (2008-2010) ; Pre-commercial grid devices.
• Phase 3 (2011-2015) ; Large scale array.
• Phase 4 (2016 onwards) ; Large scale market deployment.
Commercialisation 1:1
Live Sea Trials 1:1.25
Live Sea Trials1:4
HMRC, ECN FRANCE
1:15
UCC HMRC 1:50
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20112012
onwards
OE Buoy Performance
0 2 4 6 8 10
Significant Wave Height
Po
we
r
1:50 Tests1:15 TestsGalway Bay Tests
Ocean Energy LimitedNext Steps
• ¾ Scale device; • Build; 2009 - 2010
• Deployment; 2010 - 2011
• Full scale device ;• Build; 2011 – 2012
• Deployment; 2012 - 2013
Irish Government – Ocean Energy
• Government Target 2020 ; 500mw.
• Feed-in tariff ; €220 MW/h.
• Funding Package ; €26m.
• Funding Agency ; 1 v Multi.
Employment – Wind Industry
Manufacturing
71%Other Direct
Employment
10%
Operations &
Maintenance
12%
Installation
7%
Source; EWEA
Investors in the Industry
GE, Iberdrola, Total SA, Voith Siemens, RWE, Fred Olsen, Chevron, Vattenfal, Emera, Norsk HydroEDF Energy, ESBI, Scottish and Southern Energy, NIE,NPower, Guernsey Electricity,Dresser – Rand Pacific Gas & Electric
Source; Emerging Energy Consulting
B.A.N.A.N.A.
Build Absolutely Nothing Anywhere Near Anybody.
www.oceanenergy.ie