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John McCarthy, CEO. oceanenergy.ie

John McCarthy, CEO. www.oceanenergy.ie. O CEAN E NERGY - The Resource. Annual Global Electricity Usage; 18,000 TW/h Achievable Wave Electricity Supply; 2,000 TW/h Global Market Worth up to; € 200 B. p.a. Resource Renewed; Continually.

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John McCarthy, CEO. oceanenergy.ie

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  1. John McCarthy, CEO. www.oceanenergy.ie

  2. OCEANENERGY - The Resource • Annual Global Electricity Usage; 18,000 TW/h • Achievable Wave Electricity Supply; 2,000 TW/h • Global Market Worth up to; € 200 B. p.a. • Resource Renewed; Continually.

  3. Voith Hydro (Wavegen) Concept Design, Fixed Shore Device

  4. Voith Hydro – Fixed Shore Device, Islay, Scotland

  5. OCEANENERGY– The Company • - Founded in 2001. • - Focus on commercial Wave Energy Devices. • - Funding to date : Equity and State Supports. • - Quarter Scale live Sea state testing completed.

  6. OceanEnergy - Technology • Simple Design and Ease of Construction. • Only one moving part in power generation. • Low mooring forces - vastly improved survivability. • Low maintenance. • Plug and Play / Unplug Away.

  7. OCEANENERGY BUOY OPERATION

  8. Galway Bay – 1:4 Test Device

  9. 2006 - 2009, The Results • Survivability. • 21,900 (2 ½ Years) hours on Station. • Wave heights scale 32m during trials. • Air flows and Power Output confirmed. • Minimum Mooring Tensions.

  10. Development & Evaluation Protocol • HMRC (UCC) & Marine Institute (2003) • Phase 1 ; Validation Model. • Phase 2 ; Design Model. • Phase 3 ; Process Model. • Phase 4 ; Prototype Device. • Phase 5; Demonstration Device.

  11. Ocean Energy in Ireland • Government Strategy (2006) • Phase 1 (2005-2007) ; Large Scale proto-types. • Phase 2 (2008-2010) ; Pre-commercial grid devices. • Phase 3 (2011-2015) ; Large scale array. • Phase 4 (2016 onwards) ; Large scale market deployment.

  12. OE Buoy Performance 1:50 Tests 1:15 Tests Galway Bay Tests Power 0 2 4 6 8 10 Significant Wave Height

  13. Ocean Energy Limited • Next Steps • ¾ Scale device; • Build; 2009 - 2010 • Deployment; 2010 - 2011 • Full scale device ; • Build; 2011 – 2012 • Deployment; 2012 - 2013

  14. Irish Government – Ocean Energy • Government Target 2020 ; 500mw. • Feed-in tariff ; €220 MW/h. • Funding Package ; €26m. • Funding Agency ; 1 v Multi.

  15. Employment – Wind Industry Source; EWEA

  16. Investors in the Industry GE, Iberdrola, Total SA, Voith Siemens, RWE, Fred Olsen, Chevron, Vattenfal, Emera, Norsk Hydro EDF Energy, ESBI, Scottish and Southern Energy, NIE, NPower, Guernsey Electricity, Dresser – Rand Pacific Gas & Electric

  17. Source; Emerging Energy Consulting

  18. B.A.N.A.N.A. Build Absolutely Nothing Anywhere Near Anybody.

  19. www.oceanenergy.ie

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