Carnegie Announces Two UK Funding Applications

Business & Finance

Carnegie Announces Two UK Funding Applications

Carnegie Wave Energy Limited has announced two successful UK funding applications to support technology development and environmentally sustainable development of commercial CETO projects.

Carnegie recently won EU funding from the MARINETs Transnational Access initiative to support wave tank testing and validation of its next generation CETO 6 technology. Through its UK and Irish subsidiaries, CETO 6 will be tested at the University of Edinburgh’s state of the art All-Waters Combined Current and Wave Test Facility. This allows simulation in hours or days of conditions that would take years at sea, thereby accelerating CETO 6 technology development in a cost effective manner whilst still ensuring high standards of engineering rigour.

Additionally, Carnegie has partnered with the Scottish Association for Marine Science (SAMS) to undertake a project to better understand the environmental risks and benefits of deploying renewable energy arrays in the marine environment. The project will leverage off the knowledge generated by Carnegie’s Perth Wave Energy Project, a world first grid connected CETO array currently under construction in Western Australia and due for commissioning in Quarter 2, 2014. The project is partly funded by the UK Natural Environment Research Council’s (NERC), as part of collaborative research and development, under its Marine Renewable Energy Knowledge Exchange Programme (MREKEP) programme. The partnership with SAMS provides Carnegie with access to world class impartial marine science and the opportunity to exchange knowledge and expertise between Australia and the UK, thereby building capacity and understanding within the wave energy industry.

The MREKEP programme supports knowledge exchange between the academic, public and private sectors to better understand the risks and benefits of deploying renewable energy arrays in the marine environment, and ensure an environmentally sustainable future for the sector.

Press release, February 6, 2014; Image: carnegie