Carnegie Launches Wave Energy Device to Power Moored Vessels

Wednesday, October 20, 2021

ASX-listed wave energy technology company Carnegie Clean Energy has launched a CETO-derived wave energy product designed for moored vessels, which "offers a solution to the challenge of securing clean and reliable energy for offshore activities, reducing reliance on diesel generation."

CETO is a fully submerged, point absorber-type wave energy technology. A submerged buoy sits a few meters below the surface of the ocean and moves with the ocean’s waves. This orbital motion drives a power take-off (PTO) system that converts this motion into electricity.

The new $3.4m product, called MoorPower Scaled Demonstrator, will be delivered with funding support from the Blue Economy CRC and in close collaboration with a consortium of partners including two of Australia’s largest aquaculture companies, Huon Aquaculture, and Tassal Group.

"The initial target market for MoorPower™ is offshore vessels such as feeding barges for the aquaculture sector, but the future
market is broader and includes the many other offshore operations that require energy," Carnegie said.



Over the next 2 years, Carnegie will design, install and operate a scaled demonstrator of the MoorPower technology just offshore from its headquarters and research facility in North Fremantle, Western  Australia. 

Carnegie's CETO Technology - Credit: Carnegie

The project's academic and industry partners include DNV GL Australia, Advanced Composite Structures Australia, University of  Tasmania,  Climate  KIC/Australian  Ocean  Energy  Group,  AMC  Search, and the University of Queensland. The project is supported by $1.35m cash from the Blue Economy CRC, $265k cash from Carnegie, and $1.8m of in-kind support from all the project partners.

Carnegie said: "MoorPower was developed by Carnegie with the goal of decarbonizing the energy needs of offshore operations, particularly in aquaculture. As the aquaculture sector moves operations further offshore, operations such as feeding barges will no longer have access to shore-based power and the reliance on diesel generators comes with many associated costs, carbon emissions, and environmental risks, including fuel storage and spillage risks while refueling offshore."  

"This challenge presents an opportunity to utilize wave energy, an untapped energy source constantly flowing around offshore facilities. Ocean Energy Europe  (OEE) forecasts significant growth for wave energy with a €653b market potential by 2050," Carnegie said.

According to Carnegie, MoorPower can be deployed for any type of moored vessel and is not limited to fish farming. Carnegie’s
vision for the MoorPower™ product is that the technology will be an integrated solution with other offshore renewable energy systems including hydrogen and batteries, the company said.

Categories: Offshore Energy Renewable Energy Wave Energy Wave Power

Related Stories

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Woodside to Shed Some Trinidad and Tobago Assets for $206M

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

CIP Reaches Financial Close for Offshore Wind Farm in Taiwan

ORE Catapult and Japan’s FLOWRA to Jointly Advance Floating Wind

Marine Masters Secures Wellhead Platforms Installation Job Off India

Eco Wave Finds Partner for Wave Energy Project in India

Flare Gas Recovery Meets the Future

The Five Trends Driving Offshore Oil & Gas in 2025

Current News

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com