Canada Wave Energy Project
- 9th December 2011 - Bloomberg New Energy Finance
- 8th December 2011 - Ucluelet Wave Energy Project
Carnegie, through its British Columbia based subsidiary Pacific Coastal Wave Energy Corporation (PCWE), has been developing the Ucluelet Wave Energy Project for over two years. Significantly, the Project is supported by the Province of British Columbia through the award of a CA$2m grant from the Innovative Clean Energy (ICE) Fund.
Project development activities to date include site and wave resource assessment, environmental scoping, conceptual design, fatal flaw analysis and securing of an offshore investigative licence through the BC Ministry of Forests, Lands and Natural Resource Operations.
The Project has the support of the District of Ucluelet, who has been working with PCWE since its inception and is keen to develop wave energy in the District. PCWE have also actively engaged with key stakeholders who have been supportive of the Project.
The Project site is located at Amphitrite Point, Ucluelet on the west coast of Vancouver Island, British Columbia.
Aerial photo of Ucluelet Inlet and Amphitrite Point
Ucluelet Onshore Site
The Project will demonstrate the technology in a fully exposed ocean location and will enable future Project expansion at the site and roll out of projects in Canada and internationally. Building Canada's first commercial scale wave energy demonstration project, will contribute to the development of a world-leading marine energy industry in Canada and will help move Canada further along the pathways identified in Canada's Marine Renewable Energy Technology Roadmap.
Ucluelet Ocean Energy Investigation Licence
Canadian Marine Renewable Energy Roadmap
Canada’s Marine Renewable Energy Roadmap was released on 1 November 2011 at the Ocean Renewable Energy Group (OREG) annual conference in Montreal. The roadmap sets out Canada’s ambitions to be a world leader in marine renewable energy and outlines how government, industry and academia are working together to advance the commercialisation of marine energy technologies. The roadmap includes achieving a marine renewable generating capacity, installed by Canadian industry, of 75 MW by 2016, 250 MW by 2020 and 2,000 MW by 2030-bringing in $2 billion in annual economic value.Click here for more information on the Roadmap
Pacific Coastal Wave Energy Corporation
Pacific Coastal Wave Energy is incorporated and based in British Columbia, Canada and is dedicated to developing the Project. Pacific Coastal Wave Energy is a 95%-owned subsidiary of Carnegie Wave Energy Limited with 5% owned by Victoria based Global Energy Horizons Corporation (GEHC), a Canadian company focussed on helping commercialise promising new technologies.