GO GO GO Patrik
– excited about when you put in wave energy as part of IEA’s World Energy Outlook

After working in some projects with CorPower Ocean I know that this company is really into something. Unfortunately, they will not give us their new exiting solution for new and huge energy production before around 2024.

It’s a pity, especially when reading the depressing GAP-report from last week. Right now, we need all what we can to keep up the speed for a zero-emission society.

When reading the IEA World Energy Outlook 2019 report, the word “wave energy” is not included. For reasonable reasons. So far, no one has cracked the code on how to harvest the huge amount of energy contained in ocean waves. And it’s really a huge potential. After interviewing Patrik Möller, CEO of CorPower Ocean, last month, I learned that when we have this technology fully commercialized, we are talking about 20% of the world’s electricity produced.

So far IEA points out “The expansion of generation from wind and solar PV helps renewables overtake coal in the power generation mix in the mid-2020s. By 2040, low-carbon sources provide more than half of total electricity generation. Wind and solar PV are the star performers, but hydropower (15% of total generation in 2040) and nuclear (8%) retain major shares”.

Wonder what the report will say in five years. Maybe something about a new source for energy production. Let’s hope.

For Sweden wave energy probably is of a minor interest. The highest wave energy output will be at west coasts of the world’s continents. So, not good for Sweden. But for Europe as a whole this could mean a substantial contribution to the electricity grid.

Now it must be said that the greatest contribution from wave energy is not the amount of energy it delivers per se. Instead it’s what it adds to the grid in terms of stability. When going over from carbon generated electricity to wind and sun, there is a risk for bottle necks. Especially during periods of weak wind/low solar. The good thing about wave energy is that it delivers when wind (and sun) doesn’t. And this is because waves come in later in the production cycle. This means we get a more stable and continuous power production when adding wave energy to the grid.

And here is the thing. CorPower Ocean really has the chance to be the first company in the world who deliver the technology for harvesting energy from the oceans. Listen at my interview with Patrik Möller and the company’s thrilling opportunities   https://informel.se/2019/10/22/wave-energy/

Finally, talking about the depressing Production-Gap-Report-2019 (http://productiongap.org/2019report/) – regard this as a fantastic opportunity for export Swedish outstanding climate-smart technologies

See ya’!

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