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The Australian wave energy company’s new hub is the world’s largest and most advanced for developing offshore renewable energy technology
Carnegie Wave Energy’s offshore energy-generating infrastructure is purposefully inconspicuous. Its patented CETO buoys, which resemble large circular tanks, are tethered to an anchor in the seafloor and remain fully submerged, out of sight.
It’s a design feature that prioritises long-term survival in the ocean over efficiency in converting energy, says Michael Ottaviano, Carnegie’s managing director.
Related: 'The heat is there': is there a future for geothermal energy in Australia?
It’s win-win. They get something that’s cleaner, cheaper and costs them less than what they’re getting [in diesel]
Related: New generation wave energy: could it provide one third of Australia's electricity?
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