25 JULY 2010
RESEARCH TO CREATE NEW WAVE OF CLEAN ENERGY TECHNOLOGY
Edinburgh, United Kingdom: BAE Systems has joined forces with wave energy developer Aquamarine Power as part of a project worth almost £1 million to deliver cheaper, more reliable sources of clean energy for homes across the UK and beyond.
The Technology Strategy Board awarded a £450,000 grant, which the partners match-funded, to support a 30 month research, development and demonstration project to enable large-scale commercial production of Aquamarine Power’s Oyster wave energy converter. The innovative device – a buoyant hinged flap – attaches to the seabed and moves backwards and forwards in the nearshore waves, pumping high pressure water onshore to drive a hydro-electric turbine, which then generates electricity for the National Grid.
Under the partnership, engineers at BAE Systems usually involved in the design, repair and maintenance of complex naval systems, will work with Aquamarine Power to develop an intelligent diagnostic system and remote ballasting mechanism. Together, these innovations will drive down maintenance costs and help to maximise energy production, paving the way for this ground-breaking technology to be rolled out on a commercial scale to establish Oyster clean energy farms around the world.
Kevin McLeod, Engineering Director at BAE Systems’ Surface Ships division, said: “This is a great opportunity for us to apply skills developed in naval design and the management of large complex maritime engineering programmes to support the emerging marine energy industry. “In working with Aquamarine Power as a partner, we are helping to pioneer commercial clean energy solutions that will help the UK meet its ambitious climate change targets.” “The Oyster system works well,” says Aquamarine Power Chief Executive, Martin McAdam. “Our next step is to drive down the cost of electricity generated from wave power through improvements in Oyster reliability and reduced maintenance costs. “BAE Systems is a fantastic company with extensive experience in marine systems performance modelling and analysis. Our companies are very different in size, but we share a passion for engineering excellence and a belief in the global potential of wave energy. We are grateful to the Technology Strategy Board for providing the grant funding which has enabled this collaboration to take place.”
Aquamarine Power’s innovative Oyster technology is designed to be installed at around 10 metres depth, 0.5km from shore. Aquamarine Power has already installed and tested its Oyster 1 demonstration device at the European Marine Energy Centre in Orkney, Scotland, where it generates electricity which is transmitted to the National Grid to power homes in the local area. It is estimated that a farm of 20 next generation Oyster 2 devices will generate enough energy to power more than 12,000 homes.
Iain Gray, Chief Executive of the Technology Strategy Board, said: “By 2050 we are going to have very different energy needs than we have today and we will be getting our energy from different sources. The UK is well placed to exploit wave and tidal stream energy resources with all of the coast line that we have, and it is expected this kind of technology will be an important part of the renewable energy mix needed in the future. “We still need to prove which technological solutions will most successfully harness marine energy and we need to reduce the cost of the energy produced to make the technology competitive with other renewable energy solutions. So there are a range of technological challenges to address.”
BAE Systems is already involved in a number of initiatives to support the renewable energy sector. The defence company actively works with the wind farm industry to resolve issues about their disruption to radars. Its engineers designed the electrical distribution system for the largest land based wind farm in Europe at Whitelee and BAE Systems is also working with partners to develop an deepwater offshore windfarm design.
Aquamarine Power closed a £6 million funding round this year and has subsequently been awarded more than £3 million from the Scottish Government WATERS fund (Wave and Tidal Energy: Research, Development and Demonstration Support). The company is actively seeking a major investment partner and a strategic technology partner to take the Oyster device through to commercialisation. Aquamarine Power has won numerous national and international awards for innovation in the renewable energy sector including the Company Pioneer Award 2010 (EnergyOcean International) and the British Renewable Energy Award for best renewable energy product 2010 (Renewable Energy Association). Further information on aquamarine can be found at www.aquamarinepower.com.
About BAE Systems
BAE Systems is a global defence, security and aerospace company with approximately 107,000 employees worldwide. The Company delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. In 2009 BAE Systems reported sales of £22.4 billion (US$ 36.2 billion).
For further information, please contact:
Kristina Crowe, BAE Systems
Tel: +44 (0) 239 289 6232 Mob: +44 (0)7540628673
kristina.crowe@baesystems.com
Carrie Clement, Buchanan Communications, Aquamarine Power
Tel: +44 131 2264427 Mob: +44 7738 469781
carriec@buchanan.uk.com
Issued by:
BAE Systems, Farnborough, Hampshire GU14 6YU, UK
Tel: +44 (0) 1252 384719 Fax: +44 (0) 1252 383947
24hr media hotline: + 44 (0) 7801 717739
www.baesystems.com
Ref: 169/2010
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