Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave...

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Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK A MUS example: combined wave energy converters with a seaweed producing farm – utilizing the calm water behind the Wave Dragon Consortium Description The consortium will be composed of two companies: Wave Dragon Seaweed Energy Solutions (SES) The independent organisation, Bellona Foundation will also be involved. Company Profiles Wave Dragon is a private Danish/UK based company working towards the commercialisation of wave energy converter (WEC) technology to extract electricity directly from ocean waves. Seaweed Energy Solutions (SES) is a Norway-based seaweed innovation and business development company. Bellona Foundation is an independent non-profit organization that aims to mitigate against challenges of climate change through identifying and implementing sustainable environmental solutions.

Transcript of Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave...

Page 1: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Final Project Presentation30 & 31 August 2016 | Cork, Ireland

Wave DragonSeaweed Energy Solutions

Wave Energy and Offshore Aquaculture in Wales, UK A MUS example: combined waveenergy converters with a seaweedproducing farm – utilizing the calmwater behind the Wave Dragon

Consortium Description• The consortium will be composed of two companies:Wave DragonSeaweed Energy Solutions (SES)

• The independent organisation, Bellona Foundation will alsobe involved.

Company Profiles

• Wave Dragon is a private Danish/UK based company working towardsthe commercialisation of wave energy converter (WEC) technology toextract electricity directly from ocean waves.

• Seaweed Energy Solutions (SES) is a Norway-based seaweedinnovation and business development company.

• Bellona Foundation is an independent non-profit organization thataims to mitigate against challenges of climate change throughidentifying and implementing sustainable environmental solutions.

Page 2: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Hans Christian Soerensen, PhD, Chairman of the boardErik Friis-Madsen, MSc, CEO

The Wave Dragon technology SES Pilot 2014/15: 100 tons

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• Flexible system with 16 LLs; 200m each• Innovative substrates; industrial hatchery

Frank Neumann, Technology and Cultivation

AN OCEAN OF OPPORTUNITIES

Illustration: Ocean Forest - no reproduction without written permission

ReservoirWaves overtopping thedoubly curved ramp

The Wave Dragon Principle

Wave climate - Power - Production__12 kW/m 1.5 MW 4 GWh/y/unit24 kW/m 4 MW 12 GWh/y/unit36 kW/m 7 MW 20 GWh/y/unit48 kW/m 12 MW 35 GWh/y/unit

Turbine outlet

Wave reflector

Page 3: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

☺ It works! Power delivered to the grid

☺ 20,000 hours operational track record☺ Wave energy absorption performance verified

☺ Offshore wave energy is a reality

Why farm seaweed?

• 50% of the world primary production (phososynthesis)takes place in the sea

• Still 99% of our food energy comes from agriculture onland…

• Seaweed farming is sustainable: no freshwater, land areaor fertilizers are needed (limiting factors on land)

• Wide range of market opportunities for seaweed biomass

• Rapidly increasing interest in seaweed products andseaweed cultivation

“Seaweed is possibly the largestunexploited resource in Europe…”

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Rough introduction of seaweed market

Total production 28 million ton. Annual growth rate 8-10%.

Market value 8 billion USDMarkets: food (75 %), hydrocolloids (13 %), feed,fertilizers, cosmetics, pharmaceuticals and chemicals.

Main production from cultivation in Asia (95%)Commodity Mton/y

Marine fish 73

Seaweed 28

Molluscs 22

Crustaceans 10

Salmonids 4

Page 4: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Markets and applications

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3. Plant health & nutrition– Growth promoters– Plant defense– Macronutrients (N, P, K)– Micronutrients (Fe, Ca, Cu)– Trace elements

2. Health & nutrition(humans and animals)

– Gut health (fibers, prebiotics)– Immune stimulation– Anti-oxidants– Anti-inflammatory– Anti-biotic– Protein– Vitamins– Minerals– Fatty acids– Skin health (cosmetics)– Animal fur and mucus health– Pharmaceuticals/bioactives

1. Human food– Sea vegetables, snacks– Salt replacement– Flavour– Texturizer

5. Industrial fermentation– Biofuels– Biochemicals– Single cell protein (SCP)

4. Specialty chemicals– Alginate, carrageenan, agar– Alginate derivatives– Mannitol and derivates– Fiber/textiles– Minerals

(Integrated biorefineries)

Dominating the entire cultivation cycle

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SES Pilot 2015/16: 20 tons final food product SES exposed offshore farming vision(s)

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Passive survivability design (structures moving likeseaweed)

Two distinct approaches analysed/considered:

Active submergence in storms(wave power with classical farm designs)

• Technical challenges (sea operations; wear onequipment; fewer days with work weather)

• Logistics: longer journey times and expensiveharvest/transport/delivery sequence

Page 5: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Description of projectsPilot project in

Wales1st Commercial

project in Wales2nd Commercial

project; newlocation

3rd commercialproject

WaveDragon

1 WD; 4MW 9 WD; 30MW 9 WD; 30MW 45WD; 180MW

SES 80 tonnes/y 4000 tonnes /y 4000 tonnes/y 20 000 tonnes/y

Key figures3rd commercial project

Wave Dragon 45WD@4MW = 180MW

SES 20 000 tonnes/y

Pay back 4.3 years

IRR 24.4%

• Wave Dragon and SES have solid track records in their fields

• Joint MUS project WD/SES has been initiated upon invitation of MARIBE

• SES can cultivate in areas otherwise difficult to work in or inaccessible

• WD can serve as operational base for (seaweed) aquaculture

• The combined wave energy and aquaculture farm has a significant bettereconomy than stand alone solutions (~10% reduction in levelised cost).

• MARIBE has facilitated significantly the exploration of this MUS, and

provided valuable help and contacts for development of this vision

• A WD/SES pilot seems realistic in Welsh waters within a short time frame,

provided that appropriate funding can be obtained.

Conc

lusio

n Backup slides Wave Dragon

Page 6: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

• Wave energy focusing• OvertoppingAbsorption

• Above sea level reservoirStorage

• Low-head variable speed propeller turbines• PM generators & frequency invertersPower-take-off

The Wave Dragon Technology

ReflectorRamp

Reservoir Turbines

Floating Barge + River Hydro Power Station = Wave Dragon

The Wave Dragon Technology

Page 7: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Wave Dragon # 25Erik Friis-Madsen

The Danish Academy of Technical SciencesMeeting on Energy Storage

57 m wide 200 tonnes WaveDragon prototype with 7turbines deployed andconnected to the grid in 2003as worlds first floating WEC

Full scale Wave Dragondevice sizes

Wave energy powerplants – any needfor energy storage?

Page 8: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Turbine operation and power production

Example:• Four power producing turbines in continous

operation• Three dummy turbines handles overtopping

variation 7

5 ,5

4

2 ,5

15 6 7 8 9 1 0 1 1 1 2 1 3 1 4 1 5 1 6 1 7

0 %1 0 %2 0 %3 0 %4 0 %5 0 %6 0 %7 0 %8 0 %9 0 %

1 0 0 %

P o w e r

W a v e h e ig h t , s ig n if ic a n t ,m e t e r s

W a v e p e a k p e r io d in s e c o n d s

W a v e D ra g o n p o w e r c u rv e s

4 MW Wave Dragon site Wales

Grid connection

Ship traffic

Wave climate

From the EIA report

How visible is a WD power plant?

Seen from 100 feet above sea level and at a distance of 5km

Under the horizon at a distance of 10km

Page 9: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Wave Dragon # 33Erik Friis-Madsen

The Danish Academy of Technical SciencesMeeting on Energy Storage

1:50 Model test 100 year wave

Wave Dragon # 35Erik Friis-Madsen

The Danish Academy of Technical SciencesMeeting on Energy Storage Cylinder gate turbines running

Wave Dragon # 36Erik Friis-Madsen

The Danish Academy of Technical SciencesMeeting on Energy Storage

Ice and WEC’s is a bad combination!The prototype was designed for a 3 year life time, but was not scrapped until 2011after more than 8 years of operations.

Page 10: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Wave Dragon # 37Erik Friis-Madsen

The Danish Academy of Technical SciencesMeeting on Energy Storage

Animation: LOKE film

Backup slides SES

Large-scale offshore seaweed farming:a missing link in the food & feed chain?

Frank Neumann, Kaia Kjolbø Rød, Diogo Raposo, Luiza Neves, Maren Sæther, Jon FunderudOffshore Mariculture 2016 Conference, Barcelona

• Seaweed introduction to food and feed markets

• State-of the art of offshore seaweed (Kelp) farming in Europe

• IMTA and synergies to other aquaculture activities

Seaweed as functional feed ingredient

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An emerging market

• Brown seaweeds has a high content ofdietary fibers (laminaran, alginate, cellulose)

• Both soluble and insoluble fibers

• Seaweed as a functional feed ingredient(beneficial for digestion and gastrointestinalhealth)

• Laminaran (branched β-1,3/1,6-glucan) isan immunostimulant

• Several bioactives properties of alginate

• Antibiotics replacement

• Seaweed as a sustainable and local feedingredient

Page 11: Final Project Presentation · Final Project Presentation 30 & 31 August 2016 | Cork, Ireland Wave Dragon Seaweed Energy Solutions Wave Energy and Offshore Aquaculture in Wales, UK

Land plants vs. seaweed cultivation

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Mato Grosso, Brazil

Challenges for cultivation in Europe

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Situation:• Suitable (protected) sites limitedmove

offshore

• High labour cost mechanisation needed

To realize the potential of seaweed biomass, newand innovative cultivation technology is needed…

Exposed waters seaweed farming:

Develop industry in easier waters and graduallymove farther out to sea

• Technically possible – shown in Frøya and Portugal• Forces and wear on the equipment• Need for new designs (structures/equipment)• Operation and Safety - fewer work days at sea• Logistics – transport and fuel; buffer storage

Stepping-stone: IMTA

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• BioremediationResidual nutrients capture (seaweed as a biofilter in integrated aquaculture;large part (50%?) of the feed nutrients are lost in the sea)

• Recreation of the natural ecologic processes (increased biodiversity)Attracts marine life, provide shelter and habitat

www.salmonfarmscience.com

• Positive effect on seaweedBetter growth of the seaweeds close to

the fish farms (nutrient availability)

Aquaculture Technology

Logistics and Operations

Obvious synergiesof salmon

farming andseaweed!

¡Gracias!

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Large challenges ahead…“One company cannot solve this alone” – need to work together

www.seaweedenergysolutions.com