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Content archived on 2024-06-20

Aquabuoy demonstration offshore wave energy plant

Objective

This STREP project will demonstrate operational performance of a grid-connected 2 MW wave energy power plant to be located 10km off the Portuguese coast in a 60m water depth near Figuera da Foz. The AquaBuOY is a wave energy conversion device that makes significant advances in performance from ocean tested predecessor technologies. It is now ready for a full scale demonstration. A grid connection licence has been received from EDP in Portugal.

The municipality expressed full support for the project. The project will achieve the following performance objectives: - # of devices | nameplate capacity (MW) up to 10 devices | 2 MW - Offshore site (distance | depth) ~ 10 km | 60 m - Technical availability > 80% - Energy production (MWh/yr) ~ 5000 - Capital cost (_/kW) < 1500 - Cost of energy (_/kWh) < 20 - Capacity factor (%) > 25 - Conversion efficiency (%) > 40 The project promotes introduction of an innovative, cost competitive renewable energy system from ocean waves.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP6-2005-TREN-4
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

STREP - Specific Targeted Research Project

Coordinator

FINAVERA RENEWABLES OCEAN ENERGY (EUROPE) LTD
EU contribution
No data
Address
16 Park View, Winchmore Hill
LONDON
United Kingdom

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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data

Participants (8)

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