Carnegie unveils wave energy product validation roadmap

Carnegie Clean Energy has released its new product validation roadmap for its primary CETO and MoorPower technologies, alongside additional products Wave Predictor and Mooring Tensioner.

The new roadmap follows the completion of the Digital Development Pathway, which resulted in the company reaching its initial target of incorporating innovations that enhanced CETO performance and reduced the device’s cost of energy, shortening the timeframe to commercialization.

The latest roadmap outlines activities to be progressed over the next 18 months and ahead, in order to validate Carnegie’s products, which represents an important stage in their commercialization pathways.

According to the company, it is in strong position to validate its core CETO and MoorPower technologies through delivery of projects that have support from key partners and funding bodies.

Namely, Carnegie said it currently hold approximately Au$4 million ($2.8 million) in cash, with no debt, and expects this to be sufficient for the company to complete the projects underway.

Jonathan Fiévez, Carnegie’s CEO, said: “I am extremely proud of the advancements made by our team culminating in the release of our new product validation roadmap which shows the next stage in our commercialization journey. Alongside our core CETO technology, we have a unique set of complementary products in MoorPower, Wave Predictor, and the Mooring Tensioner to accelerate wave energy adoption.

“This is all underpinned by a solid commercialization strategy and world-class partnerships. Our goal is to continue validating our technologies whilst reinforcing long-term commercial partnerships and bringing forward revenue streams for our products. This is only the beginning for Carnegie as wave energy can play a huge role supporting efforts towards global decarbonization.”

Carnegie’s core technology, CETO wave energy device, will be validated through EuropeWave and ACHIEVE projects.

The EuropeWave Phase 1 project, currently ongoing, is taking the innovation concepts of the Digital Development Pathway and progressing the design of a CETO prototype that, if awarded future phases, will lead to the full design, manufacture, deployment and operation of the CETO prototype. According to Carnegie, this provides a clear validation pathway for the CETO technology.

With the recent completion of tank testing in Spain, the team, including a strong consortium of partners, are currently preparing the final deliverables under the EuropeWave Phase 1 contract. If awarded a contract for the Phase 2 of the project, front end engineering and design activities would start at the end of September 2022, Carnegie said.

MoorPower, a CETO derived wave energy product, will be validated via scaled demonstrator and commercial-scale prototype projects. It has been designed to deliver a sustainable energy supply for marine industries operating at a fixed moored location, reducing their reliance on diesel.

Carnegie expects major aquaculture project industry partners to be the first adopters of the technology.

A scaled demonstrator of the technology will be deployed and operated just offshore from Carnegie’s office and research facility in North Fremantle, Western Australia. A subsequent commercial-scale prototype is also planned to follow from the scaled demonstrator, subject to continued partner participation and project funding.

It is likely to be deployed on a feeding or lighting barge used by aquaculture company at an offshore site, Carnegie said.

Carnegie’s Wave Predictor is an offering capable of predicting upcoming waves using artificial intelligence (AI) up to minutes into the future before they impact the shore, a structure, or a wave energy converter.

The next key development activity for the product is expanding the possible input into the Wave Predictor to include image-based data input such as stereoscopic imagery or radar. According to Carnegie, this will enable the product to be more adaptable to a wide range of application and also to reduce the cost associated with the data input required.

Over the coming months, Carnegie said it would work to deliver on this expanded potential while also increasing data acquisition via direct and indirect methods. The company is in discussions with multiple potential end-users and intends to test and validate the expanded Wave Predictor as a demonstration project with a future client.

Carnegie’s Mooring Tensioner product provides passive tension required for rotary electric power take-off systems, such as is required for CETO and MoorPower. In addition, Carnegie claims that there is potential for the product to be a standalone offering that provides other services such as improving station-keeping for vessels.

The next key stage in the Mooring Tensioner roadmap is the design and integration of a prototype into the power take-off of the MoorPower scaled demonstrator which will operate during 2023.

These activities will deliver operational validation of the product in an operating MoorPower application., which would lead to delivery of a Mooring Tensioner for the commercial-scale MoorPower product to be deployed in real aquaculture operating environment offshore.

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