WaveRollerPresent And Future Developments

Jussi Åkerberg / CTO AW-Energy Oy

WaveRoller

Panel

PTO

Foundation

https://youtu.be/-Z94liCl9pI

AW-Energy, Finland, Since 2003

Coherent Development & Significant milestones

Grid connected sea

trials

Performance verified by

DNV GL

Full scalePTO test facility

Technology qualified

Company ISO 9001

EiB financing through InnovFin

programme

Lloyd’s Register certified

design and manufacture

WaveRoller assembled and

deployed

Bankable insurance

criteria met

2014 2015 2016 2016 2018 20192019

WaveRoller awarded Solar Impulse Label

= both ecological &

profitable

Sea Trials, Demonstration Unit 2012-14In Peniche, Portugal

WaveRoller Test Facility for PTO

WaveRoller First-Of-A-Kind Manufacturing

Foundation Manufacturing in Portugal

Panel and PTO transportation to Portugal

STRICTLY CONFIDENTIAL

11

Panel and PTO Unloading in Peniche

Final Assembly in Peniche

Final Assembly in Peniche

Shore Substation in Peniche

Subsea Cable Assembly

Installation in Peniche

Installation in Peniche

Working Together, Time for a Toast

Grid Connected, CommissioningOptimise settings & power performance

Artificial Reef Created by the Foundation

Low Visual Impact

2/2014

Validation of power

performance

9/2015

Endorsement of TQ plan

2/2015

Statement of Feasibility

11/2014

Inspection after operation ISO 9001

9/20166/2016

Technology Qualification

certificate

8/2017

Design appraisal certificate

2/2019

Manufacturing certificate

Third Party Validation

Third Party Certification

Efficient Insurance Efficient FinanceMet criteria for Business Interruption Insurance

5/2019

58/21

79

MegaRoller -Project▪ EU funded Horizon 2020 –project

▪ Designing, building and testing the Power-Take-Off of the first megawatt-level Oscillating Wave Surge Converter

24

Research institute SME Large enterpriseUniversity

In-Kind contributions

This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 763959

Process Innovation

This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 763959

YES WE CAN!

26This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 763959

Total theoretical wave

energy potential:

32 000 TWh / year

Wave energy potential at US coast

is 64% of 2018 electricity generation

Several sites under development ~65MW

Customer financed studies & development

Many other projects in discussion globally

This

Global Opportunity - let’s do it!

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