Pacific Gas and Electric Company is continuing its efforts to combat climate change. PG&E has recently added 177 MW of solar thermal power and 150 MW of wind power and is seeking regulatory approval of these purchasing agreements.
Now Pacific Gas and Electric Company has announced on December 18, that it has entered into a long-term, two megawatt (MW) commercial wave energy power purchasing agreement (PPA) with Finavera Renewables Inc.
- Location: Located approximately 2.5 miles off the coast of the Northern California coast, the Humboldt County Offshore Wave Energy Power Plant will be developed by Finavera Renewables.
- Project completion:The project is expected to begin delivering renewable, clean electricity in 2012.
- The power purchase agreement calls for 3,854 MWh of clean, renewable electricity to be delivered annually to PG&E over the term of the contract.
- The project is expected to offset greenhouse gas emissions by displacing an estimated 245 tons of carbon dioxide (CO2) annually.
- The licensing process will include all required environmental studies such as impacts on local fish habitat, marine mammal migration routes, and commercial and recreational fishing zones.
What is Finavera Renewables’ Renewable Wave Energy Technology ?
Finavera Renewables Inc. is dedicated to the development of renewable energy resources and technologies. The Company’s objective is to become a major renewable and green energy producer by developing and operating its assets in the wind and wave energy sectors.
Finavera Renewables’ offshore power project features
- consist of patented wave energy converters that are based on proven, marine buoy technology.
- Clusters of these modular devices called AquaBuoys will be moored several kilometres offshore where the wave resource is the greatest.
- wave power projects are scalable from hundreds of kilowatts to hundreds of megawatts and are designed to provide clean, renewable energy for large population centres.
- energy transfer takes place by converting the vertical component of wave kinetic energy into pressurized seawater by means of two-stroke hose pumps.
- the pressurized seawater is directed into an energy conversion system consisting of a turbine driving an electrical generator.
- the power is transmitted to shore by means of a secure, undersea transmission line.
- a cluster of AquaBuoys would have a low silhouette in the water.
- located several miles offshore, the wave power project arrays would be visible to allow for safe navigation.
View a video clip of Finavera Renewables’ Renewable Wave Energy Technology animation
View here a video clip of AquaBuoy deployment at sea
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