Pelamis Set to Expand as Founder Sees Boost in Wave Energy #oceanenergy

Pelamis Set to Expand as Founder Sees Boost in Wave Energy | Renewable Energy News Article

renewableenergyworld.com 31 Oct '12, 3pm

Pelamis Set to Expand as Founder Sees Boost in Wave Energy #oceanenergy

Pelamis is in discussions with several companies and making “good progress” toward an agreement, Richard Yemm, founder and director of the Edinburgh-based developer, said in an interview. Pelamis needs the “right solution” in place before receiving orders for multiple machines in one to two years, Yemm said. The company’s technology, which uses the motion of waves to generate power, received a boost from the U.K. and Scottish governments in 2011 with an increase in the incentives provided for marine-energy production. While no commercial-scale wave or tidal projects are in operation, government data show they have the potential to meet as much as 20 percent of Britain’s current electricity demand, spurring Pelamis to prepare for expansion. “When we reach the stage of the big array orders — considering that even a 10-megawatt array is 60 to 70 million pounds ($96 million to...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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@FootJeff » 31 Oct '12, 10pm
RT @RenewablesBlog: Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] #oceanenergy
@EcoManLeader » 31 Oct '12, 5pm
#Renewable Pelamis Wave Power Ltd., supplier of the world's first multiple-machine wave farm, is in talks on a... [link]
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RT @REWorld: Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] #oceanenergy
@REWorld » 31 Oct '12, 3pm
Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] #oceanenergy
@24HOfNews » 31 Oct '12, 3pm
Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] Pelamis Wave Power Ltd., supplier of the world's first m...
@drjimcarey » 01 Nov '12, 1pm
Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link]
@RenewablesBlog » 31 Oct '12, 8pm
Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] #oceanenergy
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Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link]
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RT @REWorld: Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] #oceanenergy
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Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link]
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RT @REWorld: Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] #oceanenergy
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RT @REWorld: Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] #oceanenergy
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RT @REWorld: Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link] #oceanenergy
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Pelamis Set to Expand as Founder Sees Boost in Wave Energy [link]