CWE 0.00% 4.2¢ carnegie wave energy limited

initial feedback from the conference, page-27

  1. 20,020 Posts.
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    Not many sellers now at 23c. Let's see if the 22c selling kicks in again. Hope not.

    Just on those blue nitrogen cylinders - I checked my notes and for the record they are called "Nitrogen Bladder Accumulators".

    Also, other factoids that have I have not relayed so far...

    The universal joint attachment for the pump to the foundation is made in Melbourne.

    The hydraulic ram pumps being high cycle tested are being made by three companies, one in Melb, one elsewhere in Aus and one in France. The way I see it they haven't passed or completed the high cycle testing yet, otherwise they would have settled on a supplier, is that fair?

    The tether is a high tech item and is supplied by a UK company that specialises in rope design.

    The BA is designed to sit 1 m below the surface when at rest.

    The foundation is made from steel and has a 15m monopile which is driven into the sea bed. The surface section of the foundation is 1m diameter. The main design spec for the foundation is that the upward force of the BA can't dislodge it from the sea bed.

    Garden Island, Sepia Trench is a much less stressful environment for CETO III than Albany (or off Rottnest for that matter) because Five Fathom Bank acts as a 'filter' and reduces the power of the oncoming waves. This is why it has been chosen as the site for the first test CETO III deployment but is still not officially the site yet for the 5 MW plant.

    DireAussie - you asked about technical hurdles the other day. I didn't get to ask too many probing questions I'm afraid, particulary when it came down to costs. But my opinion is that the biggest technical hurdle at the moment is the high cycle testing of the pumps. Is this something they are likely to release data on at some stage or have independently verified? Does anyone know what the norm is here? This is a critical component I would have thought. Plus the survivability of the BA is important as well but there is no way of testing that unless it is in-water and pumping away, the way I see it, so they will have to wait until the first one is deployed later this year (mooring/foundation) and early 2010 (first CETO III deployment in water).
 
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