The US$760,000 (Ca$975,000) project brings together several ocean engineering partners to commercialize the convergence of societies with ocean energy solutions. This project will create a single controller with algorithms for various communities, while every community currently has a tailor-made design. With this approach, algorithms are chosen and parameterized based on equipment scores. This technology growth should facilitate the greening of power for all sizes of communities, especially rural communities, presently reliant on diesel generation and building capacity to implement advanced grids for ocean energy.
“We are proud to partner with both the Ocean Supercluster of Canada as well as our Sustainable Marine teammates even further to establish a smart grid system for remote communities utilizing ocean energy generators,” states Darcy Byrtus, the project’s leading Canadian President of Engineering Consultants BMT. “The Ocean Supercluster’s Enhanced Ocean Solutions Project offers a chance to promote a truly revolutionary program that we agree has the power to change the distribution of energy in the remote coastal communities.”
The Ocean Supercluster in Canada is an effort led by the industry to accelerate ocean solutions’ production and commercialization. Accelerated Ocean Solutions Program focuses on the growth of smaller projects with shorter timelines. Other collaborators include Sustainable Marine, a tidal energy solution provider, Turtle Island Innovation, an electronics maker, Rainhouse, and the University of Victoria. The global ocean economy, or ‘blue economy’ as it is also called, is predicted to double in size to $3 trillion by the year 2030 as per the Ocean Supercluster, surpassing the growth of the wider global economy by about 20 percent by 2030.
The latest study on Ocean Energy in Islands, as well as Remote Coastal Areas by the International Energy Agency’s Technology Partnership Program on Ocean Energy Systems (OES), notes that technologies of ocean energy can be an attractive choice for this energy sector, providing merits such as low vision as well as environmental concerns and predictability compared to other renewable energy technologies. In addition, islands, as well as remote coastal areas, appear to have strong resource capacity for any of these technologies, as well as ocean technology will face fewer difficulties in competing with more advanced technologies due to the high costs of current energy technologies.
Relatively close market opportunities found for communities for ocean energy technologies include desalination and independent power systems, while recovery and disaster resilience are emerging. Business prospects at sea entail near-term ocean observation as well as underwater vehicle charging, marine aquaculture as emerging, and gas mining as well as potential seawater mineral.https://themarketeagle.com/