Ocean Renewable Power Company Chris Sauer, President & CEO 2013 Arctic Energy Summit Akureyri,...
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Transcript of Ocean Renewable Power Company Chris Sauer, President & CEO 2013 Arctic Energy Summit Akureyri,...
![Page 1: Ocean Renewable Power Company Chris Sauer, President & CEO 2013 Arctic Energy Summit Akureyri, Iceland October 9, 2013.](https://reader036.fdocuments.in/reader036/viewer/2022062304/56649e055503460f94af18e4/html5/thumbnails/1.jpg)
Ocean Renewable Power Company
Chris Sauer, President & CEO
2013 Arctic Energy SummitAkureyri, IcelandOctober 9, 2013
![Page 2: Ocean Renewable Power Company Chris Sauer, President & CEO 2013 Arctic Energy Summit Akureyri, Iceland October 9, 2013.](https://reader036.fdocuments.in/reader036/viewer/2022062304/56649e055503460f94af18e4/html5/thumbnails/2.jpg)
www.orpc.co
About ORPC• Established in 2004 to develop new technology and eco-
conscious projects that generate emission-free electricity from rivers and oceans while creating substantial local economic benefits
• Modular, effective and proven core technology component (turbine generator unit, or TGU) with low vertical profile that has been adapted for tidal, river and deep water ocean current applications
• An industry leader in development of hydrokinetic energy projects, including community, agency and other stakeholder outreach, environmental protocols, monitoring and licensing, supply chain development, and maximizing community economic opportunities
• Headquartered in Portland, Maine; operations center in Eastport, Maine; and project development office in Anchorage, Alaska. Currently 25 employees.2
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www.orpc.co3
Cobscook Bay TidGen® Power System is the first
hydrokinetic ocean energy project to deliver power to an
electric utility grid in all of the Americas.
Making HistoryAugust 2012
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www.orpc.co4
• Self-deploying pontoon support structure tested in Alaska in 2011.
• Power system tested in Maine in 2012.
• Next-generation system to be installed in Igiugig, Alaska in 2014.
RivGen® Power System
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www.orpc.co
Energy Supply Issues in the Arctic• Reliable energy supply in Arctic communities is critical, a
life-or-death situation.
• Arctic communities are consumers of energy that is not often affordable, reliable or accessible to them, greatly impacting their sustainability.
• Energy supply to Arctic communities is almost always imported from elsewhere.
• Responsible and sustainable development of renewable and extractive energy
resources is a challenge (and an opportunity) in the Arctic.
• Because of remoteness and low population densities, energy supply issues in the Arctic are
not in the forefront when energy policy is being developed.5
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www.orpc.co
Arctic Renewable Energy Development
• The harsh weather, fragile environment, remoteness and unique cultures of Arctic communities make sustainable development of any kind a challenge.
• Introducing new technology into the Arctic environment adds a whole new level of complexity.
• Because populations are small and dispersed over large areas, Arctic communities don’t offer the same profit potential as large cities.
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Challenges
Opportunities• The Arctic has abundant renewable energy resources, including
wind, solar, geothermal, river and tidal current, and wave energy. • The “avoided cost” of new electricity supply is very high.• Technology exists today for integrating different types of
renewable energy into a complete energy supply solution.• Arctic communities are motivated and committed to new solutions.
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www.orpc.co
Success Model
Successful Projects
Reliable, economic, sustainable energy supply for and by
northern peoples that create jobs and other
long term economic opportunities
Technology & Project
DevelopersRenewable
energy expertiseNew technology
Replication
Arctic Communities & Companies
Community SupportLocal knowledge
& expertiseInfrastructure
GovernmentPolicies
promoting development
Sensible regulations
Funding assistance
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