Carnegie's Australian Sites
Australia has a significant wave energy resource that has been confirmed by both internal Carnegie studies as well as national studies by the CSIRO.In 2012, the CSIRO (Commonwealth Scientific and Industrial Research Organisation), released a report on Ocean Renewable Energy that concluded that the near shore wave energy between Geraldton and Tasmania was some 1300Twh/year or about five times Australia's total energy demand.
The report suggests that wave energy could provide up to 11% of Australia's power by 2050 utilising current electrical transmission infrastructure. Furthermore, this study also confirmed that wave energy provides significantly higher consistency and predictability when compared with wind energy, with a high confidence of predictability some 3 days in advance.
Carnegie has a number of potential CETO power and water project sites at various stages of development along the southern coast of Australia including: Albany (WA), Port MacDonnell (SA), Portland (VIC), Warrnambool (VIC), Phillip Island (VIC) and Eden (NSW).