OCEAN WAVE ENERGY IN CANADA by ulz11512

VIEWS: 53 PAGES: 9

									OCEAN WAVE ENERGY IN CANADA

     Resources in Canada
          Technology
  Pre-commercial development
           Rewards
             Risks
     How to make it happen
             Ocean Wave Energy in Canada

Canadian Resources
• Wave energy has excellent potential
  – Vancouver Island
  – Queen Charlotte Islands
  – Nova Scotia
  – Newfoundland
               Ocean Wave Energy in Canada

Technologies; pre-commercial development

• Oscillating Water Column (OWC) and Heaving
  Buoy; development in 80’s and 90’s
• Limpet OWC, late 90’s (connected to weak grid)
• Energetech (OWC) in Australia, and OPD (Pelamis)
  in Scotland will be Pilot projects connected to grid in
  2004
              Ocean Wave Energy in Canada

Rewards
• Excellent energy resource
• Minimal environmental impact,
• Significant economic development potential (built
  locally)
• Easily replicated and expanded
• Resource forecasting 48 to 72 hours in advance
• Potential to be low cost and dependable
               Ocean Wave Energy in Canada

Risks

•   New technologies, not fully proven
•   Unknown regulatory environment
•   Marine safety
•   Economic viability
•   Investment limitations
             Ocean Wave Energy in Canada

The Vision



 “To build ocean wave energy devices in Canada that
      meet power quality requirements and that are
             replicable at a commercial level”
                Ocean Wave Energy in Canada

Meeting the Vision
• Government of Canada
   – Include ocean wave energy as new
     appropriate technology for funding support.

• Electric Utilities
   – Enable ocean wave energy through offtake of
     power at commercial rates or better
              Ocean Wave Energy in Canada

Wave Energy Companies
• Promote technology through successful pilot
  projects

Developers (IPP or Utility)
• Invest in Ocean Wave Energy pilot projects for
  strategic portfolio and long term growth.
             Ocean Wave Energy in Canada

Next Steps

• Include ocean wave energy in submission to
  Government.
• Form Canadian Ocean Wave Energy Association (in
  partnership with tidal energy).

								
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