NewEnergyNews: Finland’s Breakthrough Wave Energy

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  • TODAY AT NewEnergyNews, December 12:

  • TODAY’S STUDY: The Value Of Transportation Elecrification
  • QUICK NEWS, December 12: The “Fight-Climate-Change” Diet; Market For Advanced EV Batteries To Quadruple By 2026; The Low Lifecycle Costs In New Energy

    Friday, July 08, 2016

    Finland’s Breakthrough Wave Energy

    Shipwreck-inspired wave power idea nets EUR 10 mn for full-scale demo

    Joanna Roberts, 7 July 2016 (Horizon)

    “A device that can convert the kinetic energy of the waves into electricity that can be fed into the grid has won a EUR 10 million loan from the EU to enable its Finnish developer to build the first full-scale demonstration unit…It’s the kind of technology that society needs to rely on more and more as fossil fuel power is phased out in order to reduce greenhouse gas emissions and reign in global warming…[The concept was inspired by diver Rauno Koivusaari’s observation of a shipwreck’s hatch being] moved backwards and forwards with the waves…AW-Energy translated Koivusaari’s idea into WaveRoller – a system that consists of an underwater panel attached to the bottom of the ocean on a hinge which moves back and forth as the waves surge past it…Hydraulic pumps attached to the panel drive a motor which, in turn, drives an electricity generator, and the resulting power is taken on shore by an undersea cable…[The money will allow AW-Energy] to build a full-scale demonstration device…” click here for more

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