TECHNOLOGY DEVELOPERS SHOWCASE COMPANY INTRODUCTION To be the world leader in wave energy by owning the best technology for deployment on a massive scale Australian Stock Exchange ASX listed ID: 815877
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05 December 2019
OCEAN ENERGY MARKET DEVELOPMENT SUMMITTECHNOLOGY DEVELOPERS SHOWCASE
Slide2Slide3COMPANY INTRODUCTION
To be the world leader in wave energy by owning the best technology for deployment on a massive scale.Australian Stock Exchange (ASX) listed11,000 shareholders, mostly retail
One of the global leaders in wave energy technology. 10+ years of CETO development including tank testing, rapid small scale prototyping and large commercial scale prototypes and array
Experienced team covering engineering, analysis, corporate, commercial, offshore, operations, maintenance, electrical, mechanical capabilities
Deep engagement with global supply chain of Wave Energy Converter (WEC) technologies, subsystems and components
The global need for renewable energy is critical
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Wave energy is an immense, untapped resource.Carnegie harnesses wave energy through our deep expertise , innovative technology and passionate people
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COMPANY
Slide4CETO
CCE invested $140m on the CETO technology and developing capability over 6 generations.
CETO advantages:
Consistent and predictable power output
Scalable and suitable for large arrays
Submerged: reduced exposure to corrosion and breaking waves
Environmentally friendly, attracts marine life & minimal visual impact
Only device operated in an array of 3 Units and grid connected over 4 seasons. 4
TECHNOLOGY
OCEAN ENERGY TECHNOLOGY
CETO 5 array deployedCETO 6 array design CETO 5 assembly
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PROJECTS
CURRENT STATUS -PROJECTS
A new approach – digital development
Much less capital intensive
Simulation driven
Rapid design iterations
Uses supercomputers
Machine learningValidation through: - tank testing- small-scale physical testing
Delivers virtual prototype
Supercomputer
Kinematic Simulation
Wave Tank Test
Hydrodynamic Simulation
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CETO remains adaptable to key marketsLarge grids
Utility scale deployment
Low tariffs
Microgrids
Small grids dominated by diesel = high tariffs
Often Islands and remote coastal areas
Offshore PowerAquaculture, offshore platformsInvestigation via AOEG and CRC Blue Economy
TARGET MARKET & WHY
MARKETS
Slide7NAME: Jonathan Fiévez
P. +61 8 6168 8400E.
enquiries@carnegiece.com
Web: www.carnegiece.com
oceanenergygroup.org.au
COMPANY CONTACT