Alternative Energy Norway: Funding for Wave Power
Norwegian state foundation Enova has granted around US $5 million as a subsidy towards financing a sea-wave power plant in Rogaland county.
A company owned by shipowner Fred Olson will build the floating wave power plant which will be positioned in the ocean west of Karmoey.
The production units are mounted on floating platforms, and consist of several floats which are moved up and down by the waves, thus creating energy which drives generators.
The pilot project will begin test production in December 2005, with on-line production to the national grid by March 2006. If test production is successful, more units will be added over the next two years.
posted by James at 8:39 am
2 Comments:
From Ireland: Congratulations Norway on pushing ahead with ocean wave energy! Wish Ireland could be as progressive! Am trying to find out the most up to date information on ocean wave energy and happened on this site. Roll on wave energy. Roll on out outdated fossil fuel energy resources!! Slainte!
I am actively involved with ocean wave energy research in the US, but there is essentially NO government support for this kind of work. It seems kind of ridiculous that an economy as large as the US doesn't even have a few million dollars for R&D in ocean energy conversion. A few years ago it looked like England and Ireland were going to aggressively get behind it. I don't know why they changed their minds. Maybe everyone thinks it's just too far off and too expensive to pursue right now.
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