Base load power, page-3

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chazza

52 Posts.

26/05/15

20:31

Post #: 15355712
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Originally posted by Lodiac ↑

Hi Chazza,
I'm not an engineer, but in answer to your questions:

Can CETO supply base load power? Base load power consists of two aspects - consistency and satisfying minimum power demand.
I read somewhere on CWE's website that wave energy can supply power 95-99% of the time if the site has been selected well. So fairly consistent, but of course it can never stand totally alone until much more advanced power storage solutions are found - but that applies to all current renewable energies. The bigger issue is output. Even the CETO 6 is a relatively low output device, but certainly uselful for remote islands etc, which is the type of market CWE is targeting.

It will most definitely be ramped up over the next decade or two. A CETO 8 or 9 will make CETO 5 and 6 look pretty basic. Getting to that stage rests on attracting more funding and finding good research partners but CWE have historically been very good at that.

How far from commercialisation? CWE claim CETO 6 has commercial applications (ie remote islands) and the prototype will be built in 2016/17. Now, CWE have to my knowledge never delivered a prototype on time, but again that's to be expected - I don't know of many companies on this level who do. At any rate, assuming they do have it built by 2017, deployment will be summer 2017/18 at the earliest. Then it will need to be tested and given time to see how it goes, so add another 6-12 months.

The only other issue for me is cost, but we're told that CETO 5 costs around the same as diesel generation on a remote island, so theoretically CETO 6 would be cheaper than diesel, due to its higher output. If the same applies to military bases (another target market) then I don't see why they would not make a few sales after 2018.

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Thanks Lodiac,

Look forward to hearing good things from this tech, im just worried that other renewables are so far in front that CWE wont be able to compete.

CWE Price at posting: 5.3¢ Sentiment: None Disclosure: Held
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Base load power, page-3

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