Carnegie Clean Energy (CCE) has announced that it will consider constructing a 20mW wave energy farm off the cost of Albany in Western Australia. However, the company said that the project will only be realized if the Labor Party wins the state poll and keeps its promise to offer $19.5 million in funding.
CCE is currently working on its first full-size wave farm located off the coast of Fremantle to provide the Garden Island naval base with a battery storage and a combination of solar and wave energy.
As for the Albany wave energy farm, the company was said to start with a 1mW pilot project before installing the 20mW plant. It will use its CETO 6 technology, which is the world’s first wave energy technology to be deployed with multiple units. The company also said that the plant could eventually be upgraded to produce 100 mW of power.
Michael Ottaviano, chief executive of CCE, stated that the Albany wave farm will provide an opportunity to tap into a consistent renewable energy resource and deliver power to the electrical grid. Pointing out the great potential Albany has for harnessing such a form of energy and the role of his company in the project, Ottaviano said:
“Albany has one the most consistent wave energy resources in the world, experiencing greater than 1m swell 99.7 per cent of the time. The project presents a fantastic opportunity for local industry capability and export. It’s time for Australia to embrace the potential of wave energy.
“It is well understood that our wave resource is the best in the world. It is essential that we take advantage of this resource and the world-leading capability and technology that exists in companies like Carnegie.
“Wave energy justifiably demands the sort of investment that other power technologies, whether fossil fuel or renewable, have benefited from.
“Unlike other power technologies where Australia has become a “technology taker”, wave has the potential to build an industry we can commercialize locally and export globally.”
CCE revealed that it has been working on plans for the Albany farm for nearly 10 years now and has already spent more than $1 million on research and design.
The main idea is to create an excellent wave farm, building on international research relationships and existing world-class capabilities.