Low price wave energy conversion through force cancellation.

Información del proyecto

Wavepiston

Identificador del acuerdo de subvención: 663466

DOI

10.3030/663466

Proyecto cerrado

Fecha de la firma de la CE 7 Marzo 2015

Fecha de inicio 1 Febrero 2015

Fecha de finalización 31 Mayo 2015

Financiado con arreglo a

• SOCIETAL CHALLENGES - Secure, clean and efficient energy

Coste total

€ 71 429,00

Aportación de la UE

€ 50 000,00

Coordinado por

WAVEPISTON AS
Denmark

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

Período documentado: 2015-02-01 hasta 2015-05-31

Resumen del contexto y de los objetivos generales del proyecto

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.

Trabajo realizado desde el comienzo del proyecto hasta el final del período abarcado por el informe y los principales resultados hasta la fecha

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.

Avances que van más allá del estado de la técnica e impacto potencial esperado (incluida la repercusión socioeconómica y las implicaciones sociales más amplias del proyecto hasta la fecha)

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