PERTH, Australia 5/17/12 (PennWell) -- Australian hydrokinetic power developer Carnegie Wave Energy has completed a year-long study that demonstrates the viability of a commercial ocean power project in Bermuda.
Carnegie and partner Triton Renewable Energy of Bermuda signed a memorandum of understanding in 2008 to develop the demonstration project, which was deployed off Bermuda's south shore in April 2011.
The demonstration featured Carnegie's CETO technology. The system uses the vertical motion of waves to drive a pump, which delivers pressurized water to an onshore turbine via a submerged pipeline.
Carnegie imagines that the Bermuda complex could eventually provide a capacity of as much as 20 MW, which would help ease the island-nation's reliance on imported fuels.
"Bermuda is a densely populated isolated oceanic island with limited natural resources that can be called upon," says Tim Hasselbring, Triton managing director. "This project promises significant benefits to the community in the form of job creation, significantly increased energy and freshwater security and reduced dependence on imported oil."
Carnegie recently secured a US$10.3 million grant from the Australian government to fund a similar project near Perth in Western Australia, HydroWorld.com reported earlier this month.