Carnegie's CETO 3 on track for 2010
Carnegie's wave energy CETO 3 deployment and testing is on track to be completed as scheduled on 2010.
The single unit deployment and testing at Garden Island will consist of an autonomous CETO unit, hydraulic energy dissipation system and instrumentation buoy. The hydraulic and instrument buoy avoids, in the first instance, the investment required for a physical connection to shore for the initial single unit installation.
Carnegie’s CETO technology is capable of generating zero-emission power and desalinated freshwater. CETO 3 is Australia’s first commercial scale wave energy unit and the buoyant actuator is the CETO technology’s energy collection system.
The successful completion of the CETO 3 testing process will allow Carnegie to proceed with its first grid-connected commercial wave power project and deliver Carnegie its first revenues from power sales. This will then be followed by the roll out of CETO projects at the most prospective sites internationally and in Australia.