Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Department of Finance and Deregulation - Australia : World-First Wave Energy Technology to Reduce Emissions and Electricity Use

02/28/2013 | 03:14am US/Eastern

The Hon Gary Gray AO MP
Special Minister of State
Minister for Public Service and Integrity
Federal Member for Brand
The Hon Greg Combet AM MP
Minister for Climate Change and Energy Efficiency
Minister for Industry and Innovation

GG 15/13
28 February 2013

World-First Wave Energy Technology to Reduce Emissions and Electricity Use

The Gillard Labor Government will invest revenue from the carbon price to support Western Australia's Carnegie Wave Energy Limited in trialling a project to power desalination plants with wave energy.

This world-first project will use the power of ocean waves to directly drive high pressure desalination pumps at a pilot-scale desalination plant, substantially reducing emissions and electricity consumption.

Federal Minister for Industry and Innovation, Greg Combet, and Special Minister of State, Gary Gray, announced a grant of $1.27million from the Gillard Government's Clean Technology Innovation Program to support the $2.5million project.

"Contrary to the hysteria from Tony Abbott, the Gillard Government and businesses are working together to invest in renewable energy projects that will cut carbon pollution and make Australia more competitive," Mr Combet said.

"Carnegie Wave Energy's innovative wave-energy project is an example of how Australian businesses are leading the way to cut power bills and prepare for a low carbon economy."

The desalination plant will be co-located on Garden Island with the power station. The $31.2million power station is being supported by a $9.9million grant from the Australian Renewable Energy Agency.

Mr Gray congratulated Carnegie Wave Energy for another world leading project.

"Carnegie Wave Energy is already in partnership with the Gillard Government to supply power to HMAS Stirling through its Wave Energy Project at Garden Island and I am pleased we are expanding our partnership by supporting this desalination project," said Mr Gray.

"The company will deploy its existing CETO technology to harness the power of waves off Garden Island to drive the desalination pumps on the Island to make sea water drinkable.

"This world-first process has the potential to reduce the electricity consumption of traditional desalination plants by up to 90 per cent."

Carnegie Wave Energy Carnegie Wave Energy Chief Operating Officer Greg Allen said the Company's CETO system deploys fully submerged buoys which are tethered to pump units on the seabed.

"These buoys move with the motion of passing waves, pressurising water that is delivered onshore to drive the hydraulic motor and pumping system for the desalination plants," Mr Allen explained.

"Together, the wave powered power station and desalination plant on Garden Island will produce power and clean, drinkable water for the Navy. The Garden Island site will enable us to demonstrate the technology to organisations interested in developing wave powered power stations and desalination plants throughout the world."

The Clean Technology Innovation Program funding will assist in the design and development of the seawater intake and brine discharge system; control instrumentation; and hydraulic system interface to enable integration with a traditional desalination facility.

The $200 million Clean Technology Innovation Program provides grants to innovative businesses to help them develop new clean technologies.

The Clean Technology Innovation Program is an important part of the Gillard Government's plan for a Clean Energy Future. It will help create new business opportunities, new industries and new jobs.

The Program provides grants of between $50,000 and $5 million.

Applications are accepted on a continuous basis and potential applicants should visit ausindustry.gov.au.
Media Contact: Phone:
Minister Gray's Office - John Arthur 0408 991 261
Minister Combet's Office 02 6277 7920
distributed by
Latest news
Date Title
1m ago MOKO SOCIAL MEDIA : Blue Nation Review Update
1m ago EDEN ENERGY : Wins National Contracting Industry Environment Award
1m ago KORN/FERRY : Leading Pharmaceutical Company in Indonesia, PT. Combiphar, Partners With Korn Ferry to Manage Growing Talent Requirements
4m ago Researchers Submit Patent Application, "Sparstolonin B Based Pharmaceutical Agent to Treat Pathological Angiogensis", for Approval
4m ago Researchers Submit Patent Application, "Needle Hub and Disposal Device for Single-Use Needle Assemblies", for Approval
4m ago Patent Issued for Rubber Composition for Studless Tire and Studless Tire Using the Same
4m ago ALLERGAN : Patent Issued for Variable Cohesive Gel Form-Stable Breast Implant
5m ago ALLERGAN : Patent Issued for Biological Tissue Growth through Induced Tensile Stress
5m ago VERTEX PHARMACEUTICALS : to Announce Third Quarter 2014 Financial Results on October 28
5m ago Patent Issued for Pharmaceutical Composition for Preventing and Treating Liver Fibrosis Or Nonalcoholic Fatty Liver Disease
Latest news
Advertisement
Hot News 
BOULDER BRANDS : Announces Preliminary Third Quarter 2014 Results
TUPPERWARE BRANDS : Reports Third Quarter Results
WILLBROS : Elects John T. McNabb, II Chief Executive Officer
CLICKSOFTWARE TECHNOLOGIES : Appoints New CFO
ALTISOURCE PORTFOLIO SOLUTIONS : INVESTOR ALERT: Glancy Binkow & Goldberg LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Against Altisource Portfolio Solutions S.A.
Most Read News
5h ago TERADYNE : beats Street 3Q forecasts
3h ago AT&T revenue misses forecasts as more customers bring own phones
5h ago ATMEL : Patent Issued for Apparatus and Method for Increasing the Quantity of Discrete Electronic Components in an Integrated Circuit Package
5h ago EXELON : ICC Approves ComEd’s Grand Prairie Gateway Project
1h ago NORTHFIELD BANCORP : Announces Third Quarter 2014 Results
Most recommended articles
12m ago China forex regulator says not worried about capital outflows
18m agoDJKIMIA FARMA : Attractive Long-term Growth Prospects -- Barron's Asia
21m agoDJDomestic Terror Threat Becomes Real for Canada
22m ago USD/CAD TECHNICAL ANALYSIS : Channel Support in Focus
22m ago EUR/GBP TECHNICAL ANALYSIS : July Bottom in the Spotlight
Dynamic quotes  
ON
| OFF