The CEO of Atlantis, Tim Cornelius, said that the uninterrupted production at the facility had generated "large volumes of valuable performance data" which would be used to "improve performance, optimize future system design" and "provide confidence to project financiers."Atlantis' project update comes in the same week that two other firms signed a strategic collaboration agreement to develop "significant wave energy projects" off the coasts of Ireland and the U.K. In an announcement Tuesday, CorPower Ocean and Simply Blue Energy said that the agreement would focus on "the large scale, commercial roll out of wave energy arrays."Under the terms of their agreement, Simply Blue Energy has "exclusive rights" to use technology from CorPower in areas it has identified as being suitable for commercial wave energy projects. It is hoped that electricity can start being generated and exported by 2024.
The success of a £29 million Orkney energy storage pilot scheme has the potential to generate “tens of thousands” of UK renewables jobs, according to the project developer. “Between enabling new renewable generation and developing energy storage virtual power plant systems themselves, the jobs growth potential is huge in the UK.”.
A dam is a great visual for the power grid. Water is one of those never-ending renewable energy sources that we often forget about. If you want to teach kids about the electricity grid, visit a dam. It’s a huge visual representation of a battery that illustrates the energy the world needs. The lake formed by the dam is, essentially, the battery storage. When energy demand is high, water tumbles through the dam into the small river below. When demand is low, water is pumped back up into the dam, creating more energy reserves. Take a tour if you can.
In addition, Simply Blue Energy will look into developing projects that combine floating wind and wave energy technologies.