Australian wave energy technology developer Carnegie and tidal power peer Atlantis Resources have inked a collaboration deal aimed at screwing down the cost of marine renewables.
The tie-up will tackle "a
range of areas" including technology and project development to cut the
current price-tag for both wave and tidal generation, kicking off with a
project to rework the electrical architecture of the Carnegie's near-shore
hydraulics-driven Ceto device.
“Collaboration between developers
in the marine energy space is both essential for progress to be continued to be
made and inevitable as marine energy technologies and markets mature,"
says Carnegie managing director Michael Ottaviano.
Atlantis chief executive officer Tim Cornelius adds:
“There are numerous synergies, both technical and commercial, that exist
between wave and tidal power development and we look forward to working with
Carnegie whose Ceto technology is a truly unique approach in the wave energy
Carnegie is building a landmark
wave energy farm off Western Australia, has a pilot project with France's EdF
and DCNS off Reunion Island in the Indian Ocean and is scouting for development
sites in the UK for its next generation technology, Ceto 6.
which recently listed on the London Stock Exchange's AIM, was last
week gifted €7.7m ($10.5m) from the European Commission to support roll-out of
multiple tidal turbine arrays at its 400MW MeyGen development in the Pentland
Firth off northern Scotland.
It also has full-scale projects on the cards in
Canada's Bay of Fundy, India's Bay of Kutch, and off China.