THE BOURSE WHISPERER: Wave energy developer Carnegie Wave Energy has delivered its next generation commercial scale CETO unit (CETO 4) to its deployment location on Reunion Island with the help of French marine defence contractor DCNS.
The unit will now be subjected to pre-deployment testing similar to the CETO 3 pre-deployment testing undertaken by Carnegie at its Fremantle test facility in Western Australia earlier this year.
Once pre-deployment testing is completed, offshore installation of the unit is currently scheduled to take place during the Southern Hemisphere summer, subject to completion of some final installation aids.
The CETO 4 unit will be deployed and tested offshore at the Reunion Island project site.
Successful testing and operation of CETO 4 is planned to be followed by a grid-connected two mega-watt CETO project at the same site with subsequent further expansion to 15MW.
Activities to date have been two-thirds funded by French Government grants and the grid connected project will receive a marine energy feed-in tariff.
The work being carried out by Carnegie associated with Reunion Island and CETO 4 follow on from the company’s signing of a CETO technology licence and Joint Venture agreement with Electricité de France (EDF EN) in 2009 and a Memorandum of Understanding with EDF EN and DCNS in 2010.
The MoU outlined the intention of the parties to work together to test a single CETO unit ahead of a two mega-watt CETO project which would be expanded to a 15MW project at the same site at Reunion Island.
DCNS performs engineering, procurement, and construction management (EPC) activities for the project.
The CETO 4 unit involves some design modifications from the recently tested and independently verified CETO 3 unit deployed off Western Australia.
“The CETO 4 project represents the first joint project activities of Carnegie, EDF EN and DCNS,” Carnegie Wave Energy managing director and CEO Michael Ottaviano said in the company’s announcement to the Australian Securities Exchange.
“As well as testing the CETO system in a different wave climate, we’ve taken the opportunity to test some new design ideas.
“We’re grateful to the support of the French Government and the local Reunion region.”
Carnegie said the recent activities are consistent with the Carnegie and EDF EN technology licence and joint venture agreement, which established the framework for the company and EDF EN to work together to jointly deliver projects in the Northern Hemisphere and on Reunion Island.
All commercial stages beyond the initial CETO 4 unit deployment will result in Carnegie being paid a fee for licensing the CETO technology to the projects.