Wave energy developer, Carnegie Wave Energy Limited (CWE), is pleased to announce the signing of key agreements with the Australian Department of Defence unveiled by the Australian Prime Minister, the Honourable Julia Gillard, and the Federal Member for Brand, the Honourable Gary Gray, at Carnegie’s Wave Energy Research facility at Fremantle, Western Australia. Australian Department of Defence (Defence) and Carnegie have signed formal power supply and grid connection agreements for the Perth Wave Energy Project on Garden Island, the base of HMAS Stirling, Australia’s largest naval facility. These agreements govern the exclusive purchase of all the electricity generated from the Perth Wave Energy Project and the connection of the wave project into the local HMAS Stirling electrical infrastructure.
Carnegie’s Managing Director and CEO, Dr Michael Ottaviano, said today, “It is significant, in light of current efforts by international navies to increase their renewable energy mix such as the US Navy, for the Australian Department of Defence and Royal Australian Navy to be supporting the development of emerging clean technologies like Carnegie’s CETO through the purchase of electricity.” “We greatly appreciate the efforts of the Defence Support Group in facilitating our development efforts along with the support of the Australian and Western Australian Governments in co-funding the Project.” The signing of this licence marks the end of a rigorous assessment process by Defence and symbolises their ongoing commitment to reducing their environmental footprint and supporting local industry. Whilst providing HMAS Stirling with a source of renewable green power, the project would also contribute to Defence and Commonwealth greenhouse gas reduction targets.
Carnegie Wave Energy Limited is an Australian, ASX-listed (CWE) wave energy technology developer. Carnegie is the 100% owner and developer of the CETO Wave Energy Technology intellectual property. The CETO system distinguishes itself from other wave energy devices by operating out of sight and being anchored to the ocean floor. An array of fully submerged buoys is tethered to seabed pump units. The buoys move in harmony with the motion of the passing waves, driving the pumps which in turn pressurise water that is delivered ashore via a pipeline.
