Thursday, June 2, 2011

Floating Wind/Wave Energy Platform Bound for U.S

A new U.S.-based company to be called Floating Power is meant to commercialize a Danish company called Floating Power Plant ( FPP) which specializes in wave energy. In 2008, FPP launched a roughly 121 foot testing and demonstration plant at an open sea site in the Southern part of Denmark. FPP says that the data that was gathered during this two year long, grid-connected test indicates that their device [Poseidon 37] is stable and efficient. The company seems optimistic that the Poseidon can generate predictable energy that could address what it sees as an intermittency issue while, perhaps, approaching base load consistency.
 
Oregon-based Floating Power will reportedly have exclusive rights to the installations of the devices produced by FPP throughout the Americas & U.S. government facilities worldwide. According to Bridgeworks Capital, Oregon was chosen because of its demonstrated support of wave energy projects. A combination of factors including "optimal wave conditions, electrical grid availability, preparatory work by the Oregon Innovation Council and Oregon Wave Energy Trust, a cluster of marine universities (including Oregon State University), port infrastructure and the presence of heavy industry offer a favorable climate for commercializing the technology" were said to be what sealed the deal for the Oregon location.

Source:

http://www.reuters.com/article/2011/05/23/idUS227120649420110523

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