Carnegie Clean Energy CEO was on Smart Money with John Dee at 6.30pm tonight 07/12 Sky Business.
Key points:
Commercialisation of wave energy 2yrs away
Rapid expansion once commercialisation achieved to drive down costs
CCE expect to have monopoly on wave energy globally with 100% ownership of IP for only proven workable wave energy system
Expect to seek licencing deals with power major much like the French one they already have
Compared wave energy to where wind and solar was 20yrs ago
Despite this being a recent interview as they mentioned the EMC deal was just finalised the footage was clearly a CETO 5 and commentary gave impression that they were still providing power to Garden Is which I found misleading.
Should be able to find online somewhere.
CWE Price at posting:
4.0¢ Sentiment: Sell Disclosure: Held
