Low price wave energy conversion through force cancellation.

Projektinformationen

Wavepiston

ID Finanzhilfevereinbarung: 663466

DOI

10.3030/663466

Projekt abgeschlossen

EK-Unterschriftsdatum 7 März 2015

Startdatum 1 Februar 2015

Enddatum 31 Mai 2015

Finanziert unter

• SOCIETAL CHALLENGES - Secure, clean and efficient energy

Gesamtkosten

€ 71 429,00

EU-Beitrag

€ 50 000,00

Koordiniert durch

WAVEPISTON AS
Denmark

Periodic Reporting for period 1 - Wavepiston (Low price wave energy conversion through force cancellation.)

Berichtszeitraum: 2015-02-01 bis 2015-05-31

Zusammenfassung vom Kontext und den Gesamtzielen des Projekts

Globally wave energy has a large market potential. However it has yet to be successfully harnessed at a commercial level due to the large structural and installation cost of wave energy converters resulting in a high levelised cost of energy unable to compete with other renewable forms of energy. Wavepiston's business innovation project intends to bring to the market a new wave energy converter that is able to bring down the levelised cost of energy making it competitive and therefore will enable the commercial adoption of wave energy. So far in Wavepiston's development it has received many positive results in test and strong interest from potential customers. Wavepiston has been in development since 2006 and has now reached a technology readiness level of 7. Wavepiston intends to demonstrate and validate the Wavepiston system in a full-size demonstration at the wave test site DanWEC in Denmark. This will allow them to validate both the structural aspects of the system but also the power generating potential and therefore will put them in a more advanced position to attract commercial interest. Additionally Wavepiston will focus on developing their business so it is ready for market entry and able to industrially produce Wavepiston.

Arbeit, die ab Beginn des Projekts bis zum Ende des durch den Bericht erfassten Berichtszeitraums geleistet wurde, und die wichtigsten bis dahin erzielten Ergebnisse

During the feasibility report Wavepiston has defined their product development plan to achieving their objective of commercialisation, and decided that following on from their current 1:2 size system, it will be important to follow on with a full-size demonstration of the system. Further more they have accessed need for financing for this roadmap the necessary key partnerships have been established. The final financial and employment impact of Wavepiston has also been accessed.

Fortschritte, die über den aktuellen Stand der Technik hinausgehen und voraussichtliche potenzielle Auswirkungen (einschließlich der bis dato erzielten sozioökonomischen Auswirkungen und weiter gefassten gesellschaftlichen Auswirkungen des Projekts)

The expected outcome of the project is to start the full commercialisation of Wavepiston at the end of PH2 as the first on the market wave energy converter. Wavepiston will establish their first commercial system (a 1 MW Wavepiston) competitively priced renewable energy to their target market of islands and isolated coastal communities. This will reduce their dependency on expensive and polluting old diesel generators. With the large global potential market and scalability of Wavepiston allowing it to be placed in many coastal environments, Wavepiston intends to increase the adoption of renewable energy via wave energy, and thereby lowering emissions and the subsequent environmental impact.

Wavepiston at Nissum Bredning

Wavepiston at Nissum Bredning

Wavepiston close to a city (visualisation)

Testing at University of Aalborg