Opportunities in Wave EnergyOpportunities in Wave Energy

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OceanlinxCompany formed as Energetech Australia in 1997

GWH / Wavelinx Lda established 2008

Headquarters Sydney: 25+ staffHeadquarters Sydney: 25+ staff

European & North American staff

Global patents for OWC and turbine

Strong shareholder base

NewEnergyFund

COMMERCIAL IN CONFIDENCE2

Basic Concepts

Energy in waves is extracted through a Oscillating Water Column (OWC)…

… and converted into electricity by using a turbine‐generator set.

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OLX technology evolutionMk3>2.5MW

Mk21.5MW

Mk1500kW

1997-2006 2007-2008 2009-2010

Timeline

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OLX “Steel in the Water”

1/3-scale research unit(floating)

Full scale evaluation unit(fixed to seabed)

Pre Commercial scale unit(floating)(floating) ( g)

•Complete system design• International contracts• Real sea OWC operation

•Offshore design and operation

•No turbine just data•Full structural demo•Two turbines Real sea OWC operation

• Demo Dennis Auld turbine• Near shore marine

ti

o tu b e just data•System dynamics andOWC operation•Marine operations

i

Two turbines•Power Matrix•Modelling verification•Design convergence

poperations pexperience

2005 - 2009 2007-2008 2009-2010

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The Oceanlinx Mk3 Wave Energy ConverterMark 3 PCMark 3 PC

• Deployed in Port Kembla 

(A t li )(Australia)

• 8 OWCs

• 2 chambers with turbines• 2 chambers with turbines

• 6 damped chambers

• Demonstration scale device• Demonstration scale device

• 200 m off shore

• Grid connected and exporting 

power

• Transformer and 11kV grid 

connection

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Mk3 Wave Energy ConverterMain Features• Approx 2,000 tonnes

• >2.5 MW rated capacity

• Survivability in a 100 years storm

• 25 year design life

• Fully certified design by mid 2010

Key Strengths• Protection of PTO from wave energy

• No emissions or corrosive substances

• Unmanned and remotely controlled

• Simple hardware 

• Single moving part (turbo‐gen set)

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Full Scale Demonstration in Portugal• Wavelinx established

• Technology• Established and proven through private 

funding

• Government Grants Required

• Balance private investmentp

• Encourage early deployments

• TariffTariff

• Revenue support mechanism to encourage 

energy generationenergy generation

• Pilot ZoneE bli h d P G

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• Established: Portuguese Government

• Operations: REN

Oceanlinx / WavelinxStrategic Partners & Ultimate Shareholders

NewNewEnergyFund

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Partners & Supply Chainpp y• Financial • Academic / Research

• Enhance and customise

E i l & P li• Environmental & Policy

• Industrial• Ship yards – fabrication & assembly

• Component suppliers• Component suppliers

•Offshore deployment and O&M

• Electricity generation•Government

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Government

• Policy

Oceanlinx Limitedwww.oceanlinx.comwww.oceanlinx.com

Nathan Faulks Business Development Director

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Business Development Directornathan.faulks@oceanlinx.comwww.oceanlinx.com