TWEFDA: Combined wave energy converter & green storage
What if instead of decommissioning old assets, you could invest in re-purposing them for clean energy generation and storage?
Wave Energy
Waves can travel for extremely vast distances. In fact, if nothing stops them, they will travel forever. This means that we can find waves where there is no wind which means that virtually, wave energy can be at a given place almost at any time. The best thing about wave energy is that it will never run out because waves are renewable. They don’t depend on seasons and they can always be counted on.
Harnessing Wave Energy
The ES-Wave device was designed to harness unprecedented levels of energy and its portability can allow for it to be sitting in different locations. It is technically a point absorber wave energy converter when acting as a generator and works similarly to a Pumped Hydro when acting as an energy storage device. The working strategy behind the technology also allows the device to be working on a 24/7 basis.
Using the tidal range, the machine can potentially deliver to the energy provider (usually the national grid) even more energy than what was absorbed from it.
The capacity factor for wind farms was about 37.4% in 2018 reaching 63% with the avant-garde Haliade-X. The estimates for the capacity factor for the ES-Wave are over 80% as a generator and close to 100% by using its dual capabilities.
Storing Green Energy
The TWEFDA Hub would act as a green energy storage hub. The energy stored in the ES-Wave devices can be used to deliver energy to the grid when it is needed and the excess energy can also be transformed into hydrogen and accumulated in storage tanks on the TWEFDA Hub.
A large grid of energy storage assets could create a reliable network of nodes which would help secure the energy storage needs of the national grid and even become a part of the refuelling infrastructure necessary to sustain the future’s fleet of hydrogen or electric vessels.
Recommission not Decommission
The possibility of re-using old existing assets, which would otherwise simply be decommissioned, makes this technology a great investment opportunity; rather than spend millions of pounds on removing the old asset and cause environmental damage to the existing marine life, the already factored-in decommissioning costs can be diverted into giving the asset a new life and purpose thus transforming the operation into a highly productive intervention rather than a mere removal process.
With the growing need for clean and reliable energy storage and the world moving towards a greener and more sustainable future, this technology could provide a great solution for many old assets which are reaching their existing end-of-life utility.
Find out more at www.twefda.com
Published: 11-04-2022
