Atmocean is currently working towards finalizing its wave energy converter with wave tank testing at TEXAS A&M. After four successful wave tank trials in 2016, Atmocean was able to reduce component cost by 15%. Two final wave tank tests are scheduled for the first half of 2017 which will enable Atmocean to implement final ocean trials in the second half of this year prior to commercialization.
In 2015, Atmocean was able to deploy two full size component systems off the southern coast of Peru. These tests accomplished and proved out the use of standard shipping methods, quick build out time with local labor, deployment using small boat operations, recovery, durability, and functionality under winter storm conditions in which our system experienced wave heights over 4m. These demonstrations have allowed Atmocean to showcase its wave energy technology to local stakeholders in municipal water, agriculture, and mining, with increased interest noted both in Peru and Chile. Meeting with various stakeholders, Atmocean intends to deploy a final system demonstration in 2017, bringing the Atmocean system to a technology readiness level of 7.
Why Chile, Peru, Colombia:
- The west coast of Latin America is an ideal location for this first Atmocean project due to the steady waves which originate in the Antarctic and are carried towards South America’s western coast. With less seasonal variability, efficiency is higher and costs are lower.
- With the exceptionally dry coastal climate, forecast population growth, and shrinking of glaciers at the headwaters of the Andes, the entire region is experiencing water shortages that are set to become more severe. Atmocean aims to be a sustainable water solution for this region.
- The business climate in Latin America continues to improve, with many economies maintaining robust growth at ~5% per year with low inflation. The need for new sources of water and energy are accelerating.
- Atmocean began business in 2006 and has to date conducted 29 sea trials, been awarded seven grants from Sandia National Laboratories, the Oregon Wave Energy Trust, and UK’s Technology Strategy Board. Additionally, Atmocean has performed eight trials at wave tank testing facilities at both the University of Plymouth (UK) and TEXAS A&M. This R&D has allowed us to run the simulations, deploy the pilot tests, and generate the models to get us through the prototype stage. Atmocean received a grant from Los Alamos National Labs in 2016 to model the level of carbon sequestration that is feasible from bringing fresh water onshore in desert regions to grow produce. We call this potential game changer, “greening the deserts.” Most recently, Atmocean received a grant from Santa National Laboratories to run fluid dynamic simulations of our current system under real world conditions experienced along the west coast of Latin America with the study set for completion in September 2017.