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OES Annual Report 2012 - Ocean Energy Systems

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90<br />

renewable energy technologies, including ocean energy. Applications in the form of expressions of interest<br />

and “measures” aimed at promoting renewable energy in Australia can be made at any time. There are no<br />

limits on funding amount requests or proportion of project costs sought from ARENA.<br />

Relevant Documents released<br />

Documents relevant to the development of ocean energy in Australia include the <strong>Energy</strong> White Paper (2.1)<br />

and the CSIRO study “<strong>Ocean</strong> Renewable <strong>Energy</strong>: 2015 – 2050: An Analysis of <strong>Ocean</strong> <strong>Energy</strong> in Australia”.<br />

RESEARCH & DEVELOPMENT<br />

Government Funded R&D<br />

The majority of ocean energy research is done through the Australian university research system financed<br />

largely by the Australian Research Council (ARC). A number of Universities are involved in ocean energy<br />

research. These include the University of Tasmania’s Australian Maritime College, the University of<br />

Wollongong, the University of New South Wales Water Research Laboratory, the University of Sydney and<br />

spinoff companies from the University of Queensland testing facilities. This, and work by other universities,<br />

focuses on a wide range of topics of general interest in the ocean energy domain.<br />

CSIRO’s research has been focused on Australia’s ocean energy resource base and the economics of<br />

inclusion of ocean energy in the technology suite in Australia out to 2050. This has been largely exploratory.<br />

The development of specific ocean energy extraction devices has not, and is not likely to be in the future,<br />

a priority for the organisation.<br />

Industry Funded R&D<br />

An industry association, <strong>Ocean</strong> <strong>Energy</strong> Australia (OEIA), has been formed to provide a level of coherence<br />

to pilot and commercial scale developments in Australia 5 . OEIA currently has eleven industry members.<br />

OEA’s vision is to “help Australia meet its clean energy future through a thriving and vibrant ocean energy<br />

sector”. OEA aims to progress in three initial areas, namely a public education initiative, the preparation of<br />

ocean energy development strategy and building best practice for ocean energy governance in Australia.<br />

There are 19 companies active in Australia, varying in scale from concept development to demonstration to<br />

commercial deployment. The industry sums invested are commensurate with the scale of achievement. Those<br />

companies which have been successful in gaining government grants have had to invest at significant scale.<br />

Participation in Collaborative International Projects<br />

Several Australian companies have strong links with overseas partners assisting to develop their technologies.<br />

These include Carnegie, <strong>Ocean</strong> Power Technology Australia and <strong>Ocean</strong>linx.<br />

At present, Australia is involved with the <strong>Ocean</strong> <strong>Energy</strong> <strong>Systems</strong> Implementing Agreement though the<br />

CSIRO. Currently a temporary (observer status) agent is being used to maintain <strong>OES</strong> links until a permanent<br />

Executive Committee member and alternative is appointed.<br />

TECHNOLOGY DEMONSTRATION<br />

Operational <strong>Ocean</strong> <strong>Energy</strong> Projects<br />

Currently Australia has no commercial ocean energy projects in operation. The largest project proposed to<br />

date is a 62.5 MW <strong>Ocean</strong> Power Technologies Australia (OPTA) array (28 buoys) off the coast of Victoria.<br />

OPTA aims to install the first three “Power” buoys by the end of 2013 and will complete the 28-buoy array<br />

with “larger versions” of its modules by 2017. This is contingent on financial close for the first stages of the<br />

5<br />

http://oeia.org.au/wp-content/uploads/<strong>2012</strong>/10/OEIA_<strong>2012</strong>-2013_Membership_Packet.pdf<br />

ANNUAL<br />

REPORT <strong>2012</strong>

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