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WAVE ENERGY AS
POWERING THE FUTURE –MARINE ENERGY OPPORTUNITIES
Lisbon November 5th, 2009
Monika Bakke, General Manager
- Technical sales engineer, Weatherford 2004-2006- Oil service technician, Aker Well Service/Bakke Oil Tools 1999-2004
John Peter Hernes, Board Member
- 12 yrs experience from investment management- Managing Director of Saakorn Vest Management - 10 years of executive search work and organizational management- MBA of Warwick, BSC, University of Stavanger
Leif Inge Slethei, Founder / Board Member
- 35 yrs experience from the oil &gas industry- Investor with several board positions- Founder Independent Oil Tools, Wepco, KL Oil Tools
Tor Norbye, Chairman
- 25 yrs experience executive positions /board work- Since 2000, partner of Interforum Partners AS- Core competence: Strategy, business development, international sales and marketing
Stig Bakke, Founder / Board Member
- 25 yrs experience from the oil service industry and from technology development work- Managing Director of Motorteknikk AS, Norway- Founder and Managing Director of Bakke Oil Tools, 1994-2002
Organization
Kjartan Gilje, Product Developer
-15 yrs experience technical design and development
TechnologySSG Multi reservoir concept
• Overtopping principle – multiple reservoirs• High efficiency• System reliability
– Robust concrete structure– Few moving parts– Low maintanance requirements– Low operational failure risk
TechnologyMST – Multi stage turbine
• Patented turbine that enables utilization of multiple heights of water with only one turbine
• Reducing start/stop sequences
• Optimizing overall efficiency
• Cost reduction
Implementation in breakwater structures• Cost reduction – sharing facilities
• Existing infrastructure- Installation- Maintenance- Grid connection
• No additional visual impact on environment
Development & Testing• Model testing
– Defining structure geometry– Hydraulic optimization of design– Structure load testing– Verification from DNV
• Partners:– Universitet i Ålborg, Danmark– Delta Marine Consultants, Holland
Full-scale demonstration Svåheia Eigersund, Norway
Full-scale demonstration Svåheia Eigersund, Norway
Market
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9
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16 19
21 22
2326
27
28
29
30
31
5
67
8
1718 20
24
25
32● Good● Acceptable● Poor
SSG Breakwater designBiscaya Spania
SSG Breakwater designBiscaya Spania
Port of Hanstholm
Port of Hanstholm
Vision & Goals
Vision:• Provide renewable power to societies around the globe by delivering
cost effective large scale wave energy projects.
Goals:• Operational breakwater test facility in 2011• Project start in 2010 and 2011 for early commercial projects to be
developed• Decide on partners for international commercialization 2013
Thank you for your attention
For more information:www.waveenergy.no