All Technology Relations for DONG Energy and Wavestar Enter into Collaboration on Wave Power
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17. Jan 2012
DONG Energy and Wavestar Enter into Collaboration on Wave Power
DONG Energy A/S and Wavestar A/S has entered into a research and development collaboration that is to explore the prospects of combining wind energy and wave power. Wavestar have developed a 0.6 MW wave machine that will form the basis for the two companies’ investigation of the prospects of combining these two energy sources.
”Wavestar has been testing a wave power machine in the North Sea off Hanstholm for more than two years. We are now ready to take the next step in the development process and are therefore delighted about our partnership with DONG Energy. DONG Energy is a world leader in wind power and therefore the ideal partner to explore the possibilities of combining wind power and wave power in joint offshore energy farms,” says Bent Kristensen, Wavestar’s CEO.
View Wave Star's profile on stateofgreen.com.
For DONG Energy, the partnership also offers exciting prospects.
”We see exciting future prospects for wave power. Wave power is not currently a commercially viable technology, but offers highly interesting prospects in combination with offshore wind farms in the longer term. The collaboration with Wavestar will enable us to explore the interaction between wave power and wind power,” says Charles Nielsen, R&D Director at DONG Energy.
View DONG Energy's profile on stateofgreen.com.
Wavestar’s demonstration machine has a capacity of 0.6 MWe and an annual output of 1.4 GWH, equivalent to the energy consumption of 350 households.
Facts
Wavestar
Wavestar is a Danish company that has been conducting research into harnessing wave energy for eight years. The company has been operating a demonstration machine near Hanstholm for two years and, during this period, has been the only wave power operator to feed electricity into the grid. The company is owned by the Clausen family, which is also behind Danfoss.
For further information, see www.wavestarenergy.com.
DONG Energy
DONG Energy is one of the leading energy groups in Northern Europe. We are headquartered in Denmark. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. We have approximately 6,000 employees and generated DKK 55 billion (EUR 7.3 billion) in revenue in 2010. DONG Energy is in the process of a fundamental conversion of our electricity generation from black to green, and it is our long-term vision to be able to provide clean and reliable energy. For further information, see www.dongenergy.com.