Finally give up, page-45

One of the few successes that CCE can claim out of the Perth Wave Energy Project was their ability to deploy and recovery very large buoys.  Not even DCNS were able to do that.

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The deployment and recovery part, they were able to do.  The operation through four seasons, they were able to do as well. The part they couldn’t do was to make enough electricity to make it all pay.

When they came to realise this, it seems they went about trying to salvage what they could from what was left.

At that point it seems, they chose to concentrate on the part they could do and outsource the part they couldn’t (ie economical anchoring system and power take off).

We don’t know yet if companies like Bosch Rexroth, Artemis, NEMOS, E-Drive or Umbra Cuscinetti, etc have the. PTO that makes Ceto 6 viable.

If any of them are at that point, or very near to it, would any of the government or non government institutions be willing to throw out a lifeline?

Tens of millions, (if not hundreds of millions) have been spent already trying to get the industry established.

Can the UN, EU, WES, WaveHub, EMEC, ARENA, CEFC etc. afford to sit by and see another failure like Pelamis happen?