Wave Energy at its best

Transcription

1 2006 Mk1 Full scale pilt unit Wave Energy at its best Sept 2011

2 Summary Currently at TRL 7 and ready fr pilt scale deplyment at very cmpetitive csts cmpared t all renewable energies 28 patents (granted r pending) internatinally OLX is ne f the mst established and credible cmpanies in the internatinal wave energy technlgy dmain OLX is ready t create a centre fr excellence in wave technlgy OLX has cmmenced the final capital raising prcess befre cmmercialisatin

3 Cst prjectins fr greenwave 3

4 Cmpany histry & backgrund Oceanlinx was funded by Dr Tm Denniss in 1997 The cmpany currently emplys: 12 members f staff in the Sydney ffice 10 members f staff acrss strategic natinal and internatinal lcatins Over 100 years f staff experience in the develpment, installatin and peratin f marine renewable systems. 100% Australian develped and wned technlgy All cre intellectual prperty is internatinally patent prtected T date the cmpany has spent $86m develping its wave energy cnversin systems 4

5 System integratin Asynchrnus generatr & drive Air turbine Air pressure Ocean waves OWC Renewable electricity 5

6 Technical milestnes 40,000 hurs f peratinal experience 5000 hurs f electricity generatin Only wave energy cnverter t grid cnnect in Australia 2005 became the 1 st wave energy device t generate desalinated water abard a WEC 1 f 3 devices t achieve grid cnnectin internatinally Over 8000 hurs f labratry testing (aerdynamic & hydraulic) Several years f academic cllabratin: Hydraulic Marine Research Centre, Australian Maritime Cllege Uni. f Wllngng, Queens Uni. Belfast, Sydney Uni., Uni. f New Suth Wales, Uni. f Rhde Island, Uni. f Hawaii and mst recently Uni. f Adelaide 6

7 Develpment milestnes - systems 2005: MK1 full scale prttype unit 500kW full scale system peratin Single fixed shallw water OWC design Many thusands f hurs f peratin between st time prductin f desalinated water abard a wave energy cnverter 2007: MK2 3rd scale prttype Represented a 1.5MW rated generating plant Prvided a significant amunt f data n the peratinal behaviur f a flating structure OWC in pen sea cnditins Precursr t cnsiderable technlgical imprvements in OWC design 2010: MK3PC 3 rd scale prttype Represented a 2.5MW rated capacity unit Multi-bmerang OWC flating platfrm 1 St Australian grid cnnected WEC Validated all design and perating parameters Demnstrated grid standard pwer utput 7

8 Oceanlinx Prduct and Deplyment Evlutin Air Turbines 1 st generatin: Denniss-Auld 2 nd generatin: PAT turbine 3 rd generatin: airwave 8

9 MAIN FEATURES Direct evlutin frm MK1 greenwave Fixed cncrete cnstructin standing n seabed Incrprates airwave turbine Electrical pwer r Desalinated water Capable f prviding 1GL f RO water per year OLX patented bmerang resnant OWC Shallw water applicatins (10 15 m) Rbust design prmtes survivability - 25 years 9

10 greenwave TECHNICAL DATA Length Width Draft Depth Mass (cncrete) Capacity Water depth 16.0 m 22.0 m 10.0 m 16.0 m 4000 tnnes 1 MW ~10 m 10

11 Cmmercial maturity f device develpers 11 Emerging Energy Prgram, Octber 2010

12 Internatinal awards and acclades 2006: St Luis, USA The Internatinal Academy f Science names the Energetech technlgy as ne f the Ten Mst Outstanding Technlgies in the Wrld. This award spanned technlgies f all frms, nt just energy technlgies. 2009: Shenzhen, China The United Natins Industrial Develpment Organizatin (UNIDO) ranks Oceanlinx third in its annual list f the Tp Ten Renewable Energy Investment Opprtunities in the Wrld. 2010: Sydney, Australia The Annual EcGen Cnference names Oceanlinx s latest wave energy device the Mst Outstanding Clean Energy Technlgy Innvatin f

13 The way frward R & D cmpleted and the designs are ready fr full scale manufacture OLX is develping a greenwave prject fr 5MW in Australia- energy levels in excess f 42kw/m OLX intends t hld a Liquidity Event within the next 2 years OLX has cmmenced a capital raising exercise fr AUS$20m The new investments culd be at OLX r prject levels 13

14 2007 Mk2 1/3 scale research unit 2010 Mk3 Pre-Cmmercial scale unit 2005 Mk1 Full scale pilt unit 2007 Mk2 1/3 rd scale research unit 2010 Mk3 1/3 rd scale unit Thank Yu