News and Announcements
Wave Swell Energy’s technology tackles climate change mitigation and climate change adaptation
- Published February 03, 2020 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
With climate change increasingly becoming a global concern, governments around the world are prioritising action to deal with it. This action takes two forms – climate change mitigation and climate change adaptation. Mitigation measures are aimed at reducing the future severity of climate change. The most obvious mitigation measure is the replacement of fossil fuel energy generation with renewable sources. Adaptation measures seek to help societies adapt to the inevitable changes that will occur regardless of the success or otherwise of mitigation measures. For example, adaptation will be required to cope with the effects of sea level rise on many coastal towns and villages in low lying nations.
The Wave Swell Energy (WSE) technology is in the unique position of offering both a climate change mitigation measure – producing pure renewable energy from waves to displace the use of diesel and other fossil fuels – and a climate change adaptation measure, with its structure doubling as a seawall or breakwater, thereby protecting coastlines from the effects of erosion caused by increasingly extreme weather events. This dual use is likely to result in the WSE technology being a global renewable energy source of preference in the ongoing fight against climate change.
About Wave Swell Energy
WSE has developed a unique cost-effective technology to convert the energy in ocean waves into electricity. The technology involves no moving parts whatsoever in the water, thereby precluding costly underwater access for maintenance. The company is currently developing a 200 kW project at King Island, aimed at demonstrating the commercial viability of the technology.