CNM carnegie corporation limited

From the Adelaide Advertiser - c/- Google Alerts - see link and...

  1. 279 Posts.
    lightbulb Created with Sketch. 3
    From the Adelaide Advertiser - c/- Google Alerts - see link and text below: Not much to get excited about but at least its keeping things in the public eye.

    Cheers
    JD

    http://www.news.com.au:80/adelaidenow/story/0,22606,23201807-5003680,00.html

    VALERINA CHANGARATHIL
    February 11, 2008 10:30pm

    PORT MacDonnell waves are being considered as an alternative energy source to power water-desalination plants to supply Adelaide.

    The potential is being explored by Carnegie Corporation in talks with the State Government.

    The Perth-based company last week successfully deployed a wave energy prototype, called CETO 2, off the coast of Fremantle in Western Australia.

    Carnegie - through British technology owner Renewable Energy Holdings - is the sole developer and operator in the southern hemisphere of CETO, or Cylindrical Energy Transfer Oscillating technology.

    CETO can be described simply as a technology that pumps high-pressure sea water ashore for power or desalination use.

    South Australia's MacDonnell region, off the coast of Mt Gambier, has a good wave-energy regime, Carnegie Corp's managing director, Michael Ottaviano, told The Advertiser.

    A CETO wave farm would operate well in the 2m wave-height range, which is quite common across SA.

    Another possible location is on the Eyre Peninsula, which has significant wave-energy resources.

    Both regions would be ideal to facilitate supply of power and desal water to Adelaide and also the mining industry, Mr Ottaviano said.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.