Ocean Power wins grant for wave project
Ocean Power said work on the 19 megawatt project, enough to power 10,000 homes, was expected to begin by the second quarter of 2010.
The company uses buoys floating up and down to drive an electrical generator, with the power generated being transmitted onshore via an underwater cable.
The project off the coast of Victoria is being carried out in conjunction with Leighton Contractors, a unit of Australian mining contractor Leighton Holdings.
The Australian government is aiming to generate 20 percent of the country's electricity from renewable sources by 2020 and the grant awarded to Ocean Power forms part of funding totaling $235 million for four renewable energy projects.
Ocean Power said, however, further funding would be needed to complete the wave power station.
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Project examines potential for Europe's power grid to increase HVDC Technology
PARIS - A partnership of 14 leading European energy industry companies, research organizations and universities has launched a new project to identify opportunities to increase integration of HVDC technology into the European transmission system.
The HVDC-WISE project, in which the University of Strathclyde is the UK’s only academic partner, is supported by the European Union’s Horizon Europe programme.
The project’s goal is to develop a toolkit for grid developers to evaluate the grid’s performance under extreme conditions and to plan systems to realise the full range of potential benefits from deep integration of HVDC technology into the European transmission system.
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