WSE is embarking on a comprehensive technology enhancement program called Project Bluefire.
Project Bluefire will include using real data generated from the grid connection of UniWave200 at King Island in Q1, 2021. It is designed to prove the cost effectiveness of the technology for larger capacity commercial projects of 1 MW or more.
Cost effectiveness may initially be achieved by displacing diesel power generation in remote locations and/or integrating the units into new or existing breakwaters. However, the eventual aim is to be cost competitive with other forms of renewables at grid scale. Established evidence around technology learning rates will be used to estimate how much installed capacity is required to achieve this.
The intended outcomes of Project Bluefire include:
- a validated software simulation tool that will model any resource and output the expected annual yield
- an advanced OWC with significant efficiency improvements over the current UniWave200
- the detailed design of the next generation cost effective UniWave structure; and
- design and incorporate an electrical system that is more efficient and cost effective at scale. (An energy storage module is planned to be installed in the King Island unit.)
These innovations are expected to increase the energy output of WSE devices, lower the cost of energy generation, and broaden the market applicability of the WSE technology by making it suitable for use in a wider range of locations.