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
React to this article
Latest news
Date Title
5m ago SONY : Sen. Kirk wants to show 'The Interview' at campaign event
5m ago AMAZON : Small retailers' big ideas try to cater to holiday shoppers
6m ago FEDEX : Official: No evidence found of shots fired at truck in Miss.
6m ago SOUTHWEST AIRLINES : Chicago Tribune Gregory Karp column
7m ago Announcement from the saudi stock exchange (tadawul) regarding the listing of electrical industries company
7m ago JUNGFRAUBAHN : Ronan Keating ist Special Guest am SnowpenAir
8m ago KRAFT FOODS : CEO set to get two years of severance worth more than $2 million
8m ago WALGREENS : Boots to trade under WBA symbol
14m ago FIVE BELOW : INVESTOR ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Five Below
14m ago INVICTUS MD STRATEGIES CORP. : Announces Closing of Amalgamation Agreement and Private Placement
Latest news
Advertisement
Hot News 
DENDREON : Entry into a Material Definitive Agreement, Change in Directors or Principal Officers, Other Events, Financial Statements and Exhibits (form 8-K)
DIXONS CARPHONE : *exane bnp raises dixons carphone price target to 510 (450) pence - 'outperform'
BERKELEY MINERAL RESOURCES : Obsidian IR
Anchor BanCorp Wisconsin Inc. to Join Multiple Russell Indexes
ATLANTIS RESOURCES : Makes First MeyGen Facility Drawdown
Most Read News
2h ago Obama vows U.S. response to North Korea over Sony cyber attack
3h ago U.S. labor agency files complaints against McDonald's
3h ago SYSCO : Poised to Complete US Foods Deal (Report)
1h agoDJBank of Nova Scotia to Buy Citigroup Retail, Commercial Operations in Peru
3h agoDJU.K. Police Arrest Man in Forex Market Manipulation Probe -- Update
Most recommended articles
15m ago Obama mocks absurd plot twist of cyber attack on Sony
20m ago U.S. judge rejects HP settlement in Autonomy shareholder case
22m ago WEEKLY TRADING FORECAST : How Far can the Dollar Go in 2014?
1h ago Japanese Yen May Resume Recovery on Year-End Capital Flows
1h ago GBP/USD Range in Focus Ahead of U.K. & U.S. 3Q GDP Reports
Dynamic quotes  
ON
| OFF