Wave energy developer Carnegie Wave Energy Limited advised a new report from Australia’s national science agency highlighting the significant role that wave energy can play in Australia’s future energy mix.
The study, carried out by the CSIRO (Commonwealth Scientific and Industrial Research Organisation), concluded that the total near shore wave energy between Geraldton and Tasmania was some 1300TWh/year or about five times Australia’s total energy demand.
Importantly the report highlights not only the enormous size of the resource but also its significantly higher consistency and predictability when compared with wind energy, with a high confidence of predictability some 3 days in advance.
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Offshore WIND staff, July 26, 2012; Image: carnegiewave