Demonstration of the Next Generation Wave Energy Device – POWERMODULE

Project Information

PowerModule

Grant agreement ID: 783535

DOI

10.3030/783535

Project closed

EC signature date 16 October 2017

Start date 1 October 2017

End date 30 September 2019

Funded under

• SOCIETAL CHALLENGES - Secure, clean and efficient energy

Total cost

€ 3 991 875,00

EU contribution

€ 2 499 999,00

Coordinated by

WELLO OY
Finland

Periodic Reporting for period 2 - PowerModule (Demonstration of the Next Generation Wave Energy Device – POWERMODULE)

Reporting period: 2018-10-01 to 2019-09-30

Summary of the context and overall objectives of the project

PowerModule project was set to commercialize the further developed Penguin PTO (Power Take Off) system together with pilot customer with whom the demonstrator is developed ready to market. PowerModule is a stand alone device which converts the wave movement into electricity. Structure is compact and scalable and offers power for remote areas and applications.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

The objective of this project was to demonstrate Wello´s PowerModule technology in small-, mid-, and full-scale, and in a commercial vessel. Small-scale and mid-scale PowerModules were developed, manufactured in Finland and tested at Gulf of Finland. Testing of small-scale was done in tank. The Mid-scale PowerModule was installed on 10 meters long vessel for autonomous operation.

The performance of PowerModule technology is extremely promising when it is implemented on an asymmetric Penguin hull. Tests showed a 30% increase in energy yield. Power Module technology lowers material costs, and as a result, improved performance will have big effect on decreasing LCOE. Project ended with partially successful results in terms of technology validation. However the market readiness was not yet achieved but work continues in other context.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

PowerModule is a compact stand-alone power generation system which is expected to revolutionize the off shore power production in remote applications. Applications are expected to be continuous type processes.

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