marine energy technology News
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Mediterranean Blue Energy Delegation Visit
Last week, Waves4Power hosted a study visit from members of the Maestrale project, part of the Interreg MED Programme. This project aims to lay the basis for a Maritime Energy Deployment Strategy in the Mediterranean. The delegation, from Southern Europe energy agencies, universities and other institutions engaged in marine energy, visited Gothenburg and Waves4Power to study marine energy ...
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New UKERC & ETI marine energy roadmap says sector should aim to half costs by end of decade
A new roadmap developed by the UK Energy Research Centre (UKERC) and the Energy Technologies Institute (ETI) has identified the research and development areas that need to be addressed to make marine energy cost competitive with other energy technologies. Marine energy resources, consisting of wave and tidal stream energy, are abundant in UK waters. Although marine technology must secure cost ...
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Minesto selected to present at CleanEquity Monaco 2010
Minesto has been selected to present at CleanEquity Monaco 2010, the foremost event for next generation clean and green technology. The conference takes place March 4th and 5th at the Sporting d'Hiver, Monaco. Minesto, a Swedish and UK based company, develops new technology for electricity generation from slow water currents. This niche opens up entirely new areas for electricity production from ...
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New design to capture ocean’s motion gets Carbon Trust funding
The Carbon Trust has awarded a Belfast-based company over GBP 153,000 to accelerate the development of its innovative electricity-generating wave energy converter. The converter aims to improve the efficiency with which energy is captured from the sea by harnessing power from both the vertical and horizontal motion of waves. The DUO WEC concept, developed by Pure Marine Gen Ltd, is designed to ...
By Carbon Trust
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Hendry: excellent response to EU funding call for CCS and innovative renewables (press notice)
An impressive total of 14 UK projects have applied for funding from the EU’s New Entrant Reserve (NER) scheme – a fund worth between EUR4.5 billion and EUR9 billion to support carbon capture and storage (CCS) and innovative renewable projects across the European Union. Energy Minister Charles Hendry said: “The strong level of interest received for CCS projects in particular is ...
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Department of energy awards $37 million for Marine and Hydrokinetic energy technology development
U.S. Energy Secretary Steven Chu today announced selections for more than $37 million in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies, which seek to generate renewable electricity from the nation's oceans and free-flowing rivers and streams. The 27 projects range from concept studies and component design research to ...
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Wärtsilä´s consultation process in Finland completed
Wärtsilä Corporation, Press release, December 8, 2010 at 15:00 EETAs announced on October 18, 2010 Wärtsilä has decided to implement a global design for all its support functions in order to support the business in the most efficient way.To adjust to the new global way of working and lower volumes a consultation process with employee representatives was initiated with the aim to reduce 130 jobs ...
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MaRINET2 testing
In the next two weeks, the team will have the opportunity to test its desalination technology in a controlled environment, a wave simulator in Nantes, France. MaRINET2 is a network of European partners, involving research centers and organizations working together to advance offshore marine renewable energy (EMR) technologies such as waves, tides and offshore wind. This pan-European network ...
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Marine Power (Wave and Tidal) - Installed Capacity, Levelized Cost of Energy (LCOE), Profiles of Technology Developers and Key Country Analysis to 2030
Reportlinker.com announces that a new market research report is available in its catalogue: Marine Power (Wave and Tidal) - Installed Capacity, Levelized Cost of Energy (LCOE), Profiles of Technology Developers and Key Country Analysis to 2030 ...
By ReportLinker
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Wärtsilä to support Crisis Management Initiative as Lead Partner
Wärtsilä Corporation, Press release, 4 April 2011, at 12 noon (EET)Wärtsilä, a leading provider of power solutions to marine and energy markets, has entered into co-operation with Crisis Management Initiative, an independent Finnish non-profit organisation, which works to resolve conflicts and to build sustainable peace. As lead partner, Wärtsilä supports the activities of CMI and creates ...
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Renewable energy to bring £25bn of investment into uk economy - Davey
Changes to subsidies for renewable electricity could incentivise between £20 billion and £25 billion of new investment in the economy between 2013 and 2017. The Banding Review for the Renewables Obligation will support jobs and deliver more clean power with a reduction in costs to consumers between 2013 and 2015, Ministers said. Bandings were today set for renewable technologies ...
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Scaling Up For 2021: Aw-Energy Seeking Growth Capital To Deliver Its First Scheduled Commercial Wave Energy Projects With Its Certified Technology
AW-Energy Oy (AWE), the Finnish global leading wave energy technology company, is using corporate finance advisory firm Fredericks Michael & Co. in New York to identify and approach potential strategic partners and investors for additional growth capital needs in support of the commercial WaveRoller® deliveries scheduled in 2021. With projects in US, Europe and Asia, AWE expect to see ...
By AW-Energy Oy
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Ocean Power Technologies deploys wave energy device off Hawaii coast
Ocean Power Technologies, Inc. (OPT) announced on February 1 that it has successfully deployed one of its PowerBuoy wave energy devices about a mile offshore from a U.S. Marine Corps Base on the island of Oahu in Hawaii. The device generates up to 40 kilowatts of power from the rise and fall of the waves, and since its deployment in December 2009, it has been generating power within ...
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Aquamarine Power announces additional £6 million of funding
Wave energy developer Aquamarine Power announces that it has successfully raised an additional £6 million of funding. This follows the recent unveiling of the design of its Oyster 2 device which will be built in Scotland later this year. This new, next generation 800kW device will deliver 250 per cent more power than the original Oyster 1 with only a 50 per cent increase in footprint. ...
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GBP 8m project to help unlock potential of marine energy launched by The Energy Technologies Institute
An £8 million project that will produce tools capable of accurately estimating the energy yield of major wave and tidal stream energy has been approved by the Energy Technologies Institute.Performance Assessment of Wave and Tidal Array Systems (PerAWaT), a project led by Garrad Hassan, and including EDF Energy, EON, the University of Edinburgh, the University of Oxford, Queen’s University Belfast ...
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Energy Department Launches Competition to Drive Innovations in Wave Energy
The Energy Department today announced the opening of the registration period for the Wave Energy Prize competition that aims to double the state-of-the-art performance of wave energy conversion (WEC) devices over the next two years. By accelerating the development of WEC devices that capture more energy from ocean waves, the winning devices will help reduce costs and move wave energy closer to ...
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Copenhagen’s Steeper Energy Aps awarded 17,280,000 DKK grant from the Danish Department of Energy (EUDP)
Copenhagen Denmark – November 1, 2013 – Steeper Energy Aps, a Danish-Canadian clean-fuel company, has been awarded a DKK 17.3 million grant from the Danish Department of Energy (EUDP). The grant provides support to Steeper Energy from January 2014 to December 2017 in support of the commercialization of Hydrofaction™. The Energy Technology Development and Demonstration Program ...
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Energy Department Awards $7.4 Million to Develop Advanced Components for Wave and Tidal Energy Systems
The Energy Department today announced four entities selected to receive $7.4 million to spur innovation of next-generation water power component technologies, designed for manufacturability and built specifically for marine and hydrokinetic (MHK) systems. The projects will address technical challenges in three areas: advanced controls, crosscutting power take-off (PTO)—which converts ...
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Carbon Trust to slash costs of marine energy by 20%
£1m Carbon Trust research initiative to reduce costs of marine energy using innovative technologies transferred from traditional industries including aviation, oil and gas.Giant turbine blades developed using technology from the aviation industry and underwater hydraulic power networks as used in the oil and gas industry are just two of the technologies that could be harnessed by the marine ...
By Carbon Trust
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ScottishPower Renewables announce world`s largest tidal stream projects
ScottishPower Renewables confirmed they are evaluating three separate coastal sites for the development of the world’s largest tidal stream projects. This historic milestone has been made possible by the successful trial of the world’s most advanced tidal turbine - Lànstrøm. Two of the sites are being planned in Scotland, in the Pentland Firth and the Sound of Islay, with the third off the North ...
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