Quarterly Update – Q3 FY21

The team has continued its focus on optimising the CETO system for the lowest cost and highest energy production by advancing and implementing the innovation streams previously highlighted, including intelligent control, hydrodynamics and system design, and advanced power take-off system. Significant strides have been made since the start of the Digital Development Pathway.

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Carnegie’s Vision for New Wave Power Product Presented at the Blue Economy CRC Participants Workshop

Carnegie’s unveiled a vision for a new wave power product at the Blue Economy Cooperative Research Centre’s (BE CRC) Annual Participant Workshop in Brisbane, held on the 24th – 26th of March 2021.

The new product concept is a spin-off that incorporates aspects of Carnegie’s core CETO technology and know-how into a novel wave-powered system for use in offshore energy demand applications. The first market for this product may be aquaculture barges and vessels that require energy for offshore operations. As the aquaculture sector moves further offshore into highly energetic conditions, Carnegie’s new wave power product would address the challenge of securing clean and reliable energy and replace the diesel generation otherwise required.

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Commencement of New International Collaborations

Carnegie’s two new international technical collaborations supporting continued advancement of the CETO power take-off (PTO) and mooring systems.

Wave energy developers Carnegie Clean Energy, CalWave Power Technologies, Marine Power
Systems (MPS)
, and Oscilla Power have entered into a Collaboration Agreement to undertake
a Joint Industry Project (JIP) to advance an innovative belt design that will support the
commercialisation of rotary PTO systems for CETO like wave energy converters.

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Quarterly Activities Report

The Carnegie team has made excellent progress in the last quarter as you’ll see below. We’re also not expecting the 5-day coronavirus constraints to materially affect the work underway. Remote working proved to be effective during the early part of last year.

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Garden Island Microgrid Operations Resumed

Carnegie’s Garden Island Microgrid has resumed normal operations following the temporary disconnection required by the Department of Defence due to electrical upgrade works being undertaken on HMAS Stirling.

Department of Defence (Defence) is undertaking a significant electrical system upgrade as part of the HMAS Stirling Redevelopment Stage 3A Project. As part of this Project, the point of connection for Carnegie’s 2MW solar PV and 2MW/0.5MWh battery system underwent a significant refurbishment by Defence.

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