Media Coverage 2008
Hot Stocks - Carnegie Corporation (155Kb) //
G Magazine, December 2008
John O'Brien, the managing director of Australian Cleantech Consulting says, "There are 10 to 15 serious wave power developers but only three or four of these wave technologies are likely to be globalised on a commercial scale. Carnegie has a fair chance of being one of these global success stories."
Climate Change creates a building boom (360Kb) // 
WWF, 2008
Sea and ocean energy power stations. Estimated resource available is 5000MW. Example CETO Project, WA, pre-commercial prototype in operation.
Australia's wave energy potential lapping at our shores //
EcoGeneration, November/December 2008
"The World Energy Council estimates that the energy that could be harvested from the world's oceans is equal to twice the amount of electricity the world currently consumes" said Carnegie Managing Director Michael Ottaviano.
Carnegie installs CETO pumps and investigates wave energy farm at Albany //
EcoGeneration, November/December 2008
Carnegie Managing Director Michael Ottaviano said "Having multiple units operating in a small array is a significant step forward in the development of the technology."
Channel 7 South Australia(Windows Media Video 3.71Mb) // 
Channel 7 South Australia, 18th Oct 2008
Carnegie says that wave energy can provide seventeen times South Australia's current power needs.
A global warming warning delivered // 
Gladstone Observer, 15th Oct 2008
Carnegie Corporation has harnessed wave power with a system of generation attached to the sea bed that when operational sometime after 2010 will produce 50 megawatts of electricity or about enough power to power 30,000 households.
Gas rethink fuels push for renewable sources // 
Business News, 9th October 2008
In WA, wave-powered electricity is one step closer to reality with trials of a technology called 'CETO' yielding promising results.
Wave power the way to go - Carnegie // Business News, 9th October 2008
'This report further supports Carnegie's view that Australia has the world's best wave energy resource,' managing director Michael Ottaviano said.
Carnegie rides the green wave // 
Business Spectator, 8th October 2008
Carnegie Corporation managing director Michael Ottaviano explains to Business Spectator's Isabelle Oderberg: How waves are used to generate power and how the energy is harnessed
West Coast sites considered for wave energy // 
Port Lincoln Times, 7th October 2008
Carnegie managing director Dr Michael Ottaviano said: "The World Energy Council estimates that the energy that could be harvested from the world's oceans is equal to twice the amount of electricity that the world currently consumes."
New Wave of power in energy market // 
Adelaide Advertiser, 7th October 2008
Carnegie Chief Operating Officer Greg Allen said "Wave energy will be an important part of the mix of renewable energy. An important part of this resource and technology is that it has zero (carbon) emissions."
Flocking to renewable energy // 
Fremantle Herald, 4th October 2008
"Everyday here at Carnegie we see a base-load power resource washing up on our shores" said Carnegie Managing Director Dr Michel Ottaviano.
New wave of power in renewable energy market // 
Sunday Age, 5th October 2008
Dr Ottaviano said, "The analysis showed that a significant wave height of greater than one metre - above which CETO units generate electricity - occurred for an average of 95% of the time."
New wave of economical power // 
Daily Telegraph 30th September 2008
"Carnegie says more than a third of Australia's base-load power needs could be economically generated by wave technology."
Waves could clean up // 
Herald Sun 30th September 2008
Carnegie said: "Australia has the world's best wave energy resource, a resource we hope will be utilized through technologies such as CETO."
Wave power viable // 
Canberra Times 30th September 2008
"Australia has a potential near-shore wave-energy resource of about 171,000 megawatts, four times the country's total installed power generation capcatiy", Carnegie said.
New electricity scheme just swell // 
Geelong Advertiser 30th September 2008
"Consultants RPS MetOcean, found waves had the potential to generate four times the existing national electricity output."
Carnegie promotes electricity from sea // 
Border Mail 30th September 2008
"Carnegie will use the RPS study to further inform commercial CETO site selection," Dr Ottaviano said
Third of power from sea // 
Newcastle Herald 30th September 2008
"Clean power group Carnegie Corporation says more than a third of base-load power needs could be economically generated by wave technology."
Riding the wave of a new power // 
Warrnambool Standard 30th September 2008
"This report further supports Carnegie's view that Australia has the world's best wave energy resource" - managing director Michael Ottaviano said
Albany Environmental Report(Windows Media Video 1.43Mb) // 
WIN News 5th September 2008
Albany is one step closer to hosting WA's first wave farm after an independent environmental report delivered encouraging results.
Carnegie takes first step to wave energy // WA Business News 4th September 2008
A preliminary review into the feasibility of a wave farm in Albany has concluded there is unlikely to be 'fatal flaws' in the proposed development.
Carnegie closer on wave power (58Kb) // 
The West Australian 3rd September 2008
Carnegie managing director Michael Ottaviano said the 'extremely positive' outcome was a good first step
Premier tries to catch the wind (190Kb) // 
The Australian 27th August 2008
Carnegie managing director Michael Ottaviano said the $1 million-a-year incentives were a significant boost for his plan to build a 50MW zero-emission wave energy facility.
Perth team buoyed by wave energy (411Kb) // The West Australian 8th August 2008
Carnegie Managing Director Michael Ottaviano said the ocean was the most obvious source of sustainable, renewable power.
Wave Power (Windows Media Video 3Mb) // WIN News Albany 8th August 2008
Perth-based Carnegie Corporation is considering building a wave farm on the south coast near Albany's wind farm. The state government granted exclusive access to more than 3000 hectares of coastline to determine whether the area is suitable for the hi-tech project.
Clean power goes way beyond carbon capture (1.77Mb) // 
Australian Financial Review 19th July 2008
listed West Australian wave power company Carnegie Corporation proposes...a 50MW plant to produce zero-emissions electricity and desalinated water
WASEA growing a green brand (1.33Mb) // WA Business News July 2008
Carnegie Corporation Managing Director Dr Michael Ottaviano says "Professor Garnaut highlights that Australia is fortunate in having so many renewable energy options and that funding support should be targeting these new technologies."
Despite concerns over gas emissions, coal stocks can still do a power of good for investors (274Kb) // The Weekend Australian, 26th July 2008
Stocks in the pure alternative space "include Geodynamics and Petrotherm (hot rock technology), Carnegie Corp (wave energy) and Dyesol (solar)." - Greg Canavan (Fat Prophets)
Waving it in (395Kb) // 
Anthill Magazine June 2008
today Perth-based Carnegie Corporation is at the forefront of wave farm technology with CETO, a unique wave power converter.
Australian firm wants to catch West Coast waves for energy project (184Kb) // 
New Zealand Herald, 26th May 2008
Carnegie Corporation's Chief Operating Officer Greg Allen said "the main aim (of CETO) is to provide baseload energy."
Update on CETO wave energy farm commercial site selection process (609Kb) // 
Energy Source & Distribution, 8th June 2008
In parallel with the final stages of the CETO technology development, Carnegie is investigating a number of prospective commercial CETO Wave Energy Farm sites across Australia and Internationally.
Carnegie ready to make waves with sea power (499Kb) // Australian Financial Review 6th June 2008
Carnegie Corporation Managing Director Dr Michael Ottaviano says "Wave offers a baseload potential. A wave farm will always be producing some amount of power."
Ocean energy developers prepare to embark on power trip (483Kb) // Australian Financial Review 4th June 2008
Ocean energy projects are continuing to attract the interest of venture capitalists and traditional power companies that want to be seen to be green.
Energy quest is making waves (800Kb) // Australian Financial Review 12th May 2008
We have calculated that there is realistically 500 gigawatts of recoverable wave energy available along the Australian coast line... this is more than 10 times the current total installed capacity of every power station in Australia.
Clean bowled (2Mb) // 
Business Review Weekly 8th May 2008
Carnegie Corporation listed as twelfth in BRW's top 70 Clean-technology Stocks.
Council pushes ahead with wave power plan (368Kb) // 
Border Watch, 4th April 2008
Port MacDonnell is still being considered as a potential site for a wave energy technology project, with Grant District Council soon to meet with Carnegie Corporation, to further state their case for hosting the plant.
Tapping the power of the sea (912Kb) // 
Ethical Investor, April 2008
The amount of untapped energy from Australia's waves is roughly 500,000MW, or more than ten times larger than the country's current installed power generation capacity.
Power boost (433Kb) // Border Watch, 20th February 2008
Dr Ottaviano said Carnegie Corporation 'applauded' the initiative announced by Premier Mike Rann on Mon.
Tapping energy from the ocean (453Kb) // Adelaide Advertiser, 12th February 2008
Carnegie Corporation last week successfully deployed a wave energy prototype, called CETO2, off the coast of Fremantle in Western Australia.
Hope remains for $450m wave energy project (165Kb) // Border Watch, 7th February 2008
Carnegie Corporation said "Discussions with stakeholders of potential commercial CETO projects also continue in parallel with the achievement of technical milestone progress."
Milestone for Carnegie (61Kb) // West Australian, 6th February 2008
Shares in Carnegie lifted yesterday after the company successfully launched a new prototype of CETO buoy off the coast of Fremantle.
Good Company (2,458Kb) // 
Qantas Magazine February 2008
Carnegie Corporation is on the cusp of delivering the world's first 'underwater wave farm' - a technology that could provide a zero-emission solution to global energy and water problems.
CETO Wave Energy Technology (373Kb) //
Waves Magazine, Vol 14, No. 1, 2008
Zero-emission electricity and zero-emission desalinated water in a single package is a revolutionary concept that could change the way that much of the world obtains its power and water.
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