Biologically Inspired Ocean Power Systems · Ocean Power 〉 Global resource 〉 More consistent...
Transcript of Biologically Inspired Ocean Power Systems · Ocean Power 〉 Global resource 〉 More consistent...
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Alternative Energy For Coastal Cities
Town Hall House Sydney
May 27 2009
Biologically Inspired Ocean Power Systems
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Ocean Power 〉 Global resource 〉 More consistent and predictable than wind 〉 Low environmental impact – low (no) visual impact 〉 Higher energy density compared to solar, wind 〉 Higher capacity factor 〉 Could be cheapest of all renewables 〉 Equipment market of 1.1 Billion AUD p.a. by 2020, and 3 Billion by 2025 (MI, SEI, 2006)
Wave Power • 1-10 TW, globally • ~20 companies • $1 Billion pa. market potential
(2020)
In-Stream Tidal Power • over 5 TW • ~10 companies • $700M pa. market potential
(2020)
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Wave Energy Resource 2.0m
1.6m
1.4m
1.3m
1.1m
1.6m
26-05-2009
13:00 AEST
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Tidal Energy Resource
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Wave Energy Technology
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bioWAVE tank tests
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Tidal Energy Technology
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bioSTREAM tank tests
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Size Comparison 250kW tidal stream generator vs 250kW wind turbine
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1/2 acre
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Advantages
Lightweight, modular systems
In-built survival mechanisms Low-cost transport Common wave/tidal
components Low environmental impact Biomimicry No visual impact
COST
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Unit PowerCost (c/kWh)
Wave Height
Design Approach
DesignCondition
frequency ofoccurence
BPSDesignCondition
Othersco
stad
vant
age
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Pilot Project Flinders Island, Tasmania Flinders Island 〉 Tidal current power
conversion 〉 bioSTREAM technology 〉 250kW 〉 200 homes 〉 Interconnect: Hydro
Tasmania 〉 Equipment: Siemens,
Bosch-Rexroth 〉 Commissioning: early-2010 〉 Demonstration/Testing: 1 yr
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Pilot Project King Island, Tasmania King Island 〉 Wave power conversion 〉 bioWAVE technology 〉 250kW 〉 200 homes 〉 Interconnect: Hydro
Tasmania 〉 Equipment: Siemens,
Bosch-Rexroth 〉 Commissioning: early 2010 〉 Demonstration/Testing: 1 yr
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Installation Method
Cost-effective Reliable Repeatable Flexible
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• Founded in 2006, based in Sydney
• Funded by: • CVC REEF & CVC Sustainable Investments
• Lend Lease • Federal Govt. Grants
• Business Model:
• ProducEon of commercial systems for energy extracEon from ocean waves and Edal streams
• Technology licensing and product sales • Currently:
• mature R&D
• two 250kW pilot projects underway in Australia
• projects in Australia and Europe in pre‐development phase
Company
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www.biopowersystems.com