Knowledge

Ocean Power Technologies

Source 📝

905: 676: 467: 439: 425: 453: 411: 274:- In July 2006, O.P.T. formed a joint venture with Iberdrola S.A., global oil major TOTAL, the Spanish Government IDAE (Institute of Energy Savings and Efficiency), and the local regional development agency SODERCAN, for the turnkey construction of a wave farm off the North coast of Spain. OPT has been awarded funding by the European Union to deploy a 300:
in the South West of England, expected to create the UK's first offshore facility for the demonstration and proving of arrays of wave energy generation devices. In 2018 Wave Hub plans to diversify to wind power, as wave projects have been shelved, though Marine Power Systems was testing a generator
210:
Devices for the Autonomous market requiring lower levels of power for deep-ocean applications such as maritime security and homeland defense, offshore oil and gas operations, aquaculture and oceanographic data sampling. The company’s PowerBuoy in ratings of 2 kilowatt to 40 kilowatt is ideal for
398:
The USP is an electrical power aggregator from up to ten offshore power generation devices, be they wind, wave power or other, into one common interconnection point for transmission to the onshore power grid. The USP can likewise be configured to supply onshore power to offshore devices.
389:
Unlike the energy-generating PowerBuoy and hybrid variant, the Subsea Battery is a fully submersed energy-storage vessel housing lithium-iron phosphate batteries for powering subsea payloads. The batteries supply 132 kWh (nominal capacity) with up to 15 kW peak power delivery.
380:
The company's secondary product, the Hybrid PowerBuoy, generates energy independent of wave motion, instead relying on a solar panel array for charging the onboard lithium iron phosphate batteries. Backup power is provided by a liquid propane 1 kW engine.
179:
from 2012–2014, when they determined that "the project wasn’t 'commercially viable,' and changed its strategy. It has since commercialized the technology by providing power and communications to remote sites such as offshore oil fields."
214:
Infrastructure products and services - cable installations, grid interconnection, permitting and site development, including the company’s Undersea Substation Pod product, available to all companies in the marine energy
332:- An O.P.T. wave power generation buoy was successfully deployed at sea in 2011 by a team including Scotland-based Global Maritime Scotland Ltd, Port Services (Invergordon) Ltd and OPT, with the support of the 354:- The principles demonstrated with the earlier prototype power generation buoys, deployed and tested off the coast of Atlantic City, were integrated into the designs of the buoys for Hawaii and Spain. 862: 172:
can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the economic viability of the theoretical concept has been problematic.
346:. The Oahu system was launched under the company's program with the US Navy for ocean testing and demonstration of such systems, including connection to the Oahu grid. 719: 1099: 1084: 96: 1114: 1009: 508: 1104: 218:
Undersea Substation Pod - Device for aggregating diverse power generation devices and supplying an interface with onshore power distribution.
308: 183: 164:
company, providing electric power and communications solutions, services and related for remote offshore applications. The company's
1109: 254:. The planned size of this park is up to 100 megawatts, and it will be the largest wave energy project in the world when completed. 589: 948: 837: 812: 694: 614: 372:
wave generation system. It uses a "smart," oceangoing buoy to capture and convert wave energy into low-cost, clean electricity.
880: 762: 1054: 651: 564: 521: 923: 84: 191: 342:- From 2009 to 2011, O.P.T. ocean-tested its wave power generation system at the US Marine Corps Base Hawaii (MCBH) at 546: 260:- O.P.T. is developing a commercial wave park on the west coast of the United States located 2.5 miles offshore near 633: 1094: 168:
wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from
1069: 788: 1059: 350: 312: 268:, or 1.5 megawatts. Due to legal and technical problems, this project has now ground to a halt, August 2013. 175:
Ocean Power was involved in several large PowerBuoy projects, including a very large Australian project with
430: 1013: 472: 69: 119: 444: 131: 509:
When Good Green Energy Ideas Go Bad : Six innovations that seemed brilliant but didn’t catch on
1089: 319:. The project has an offer of an AU$ 66.46 million grant from the Federal Government of Australia. 490: 316: 59: 261: 137: 458: 251: 240:, designed and manufactured by O.P.T. under the US Navy’s Littoral Expeditionary Autonomous 161: 51: 176: 737: 973: 593: 333: 149: 952: 841: 816: 698: 1078: 991: 416: 37: 31: 884: 1038: 655: 480: 568: 525: 927: 424: 343: 250:- O.P.T. has proposed a utility-scale, commercial wave park in North America at 211:
these applications, including the LEAP autonomous PowerBuoy sold to the US Navy.
190:-owned subsidiary of Ocean Power Technologies Inc (OPT), previously engaged in 406: 289: 279: 237: 169: 73: 55: 485: 410: 369: 275: 265: 241: 204: 194:. Ocean Power Technologies Limited is the UK-based wholly owned subsidiary. 187: 165: 315:
is developing a 19 megawatts wave power station connected to the grid near
1047: 297: 293: 125: 41: 203:
Devices for the Grid-connected utility market, currently the Mark 3
1064: 949:"OPT | Ocean Power Technologies | Utility Scale Systems" 863:"Scotland Cromarty Firth Ocean Power Technologies - Google Search" 763:"Wales Aims For Piece Of UK Wave Energy Pie, Eyes Global Market" 1070:
Energy.gov identifies OPT Wave power system in the US northwest
244:(LEAP) program for coastal security and maritime surveillance. 720:"UK Wave Hub Ocean Power Technologies - Google Search" 634:"Oregon wave energy stalls off the coast of Reedsport" 547:"LEAP Ocean Power TEchnologies - Google Image Search" 615:"Ocean Wave Energy Technology and Oregon's Process" 264:. The first phase of this project is for ten PB150 145: 113: 103: 92: 80: 65: 47: 29: 21: 236:- O.P.T. has successfully operated a system off 906:"LEAP Ocean Power TEchnologies - Google Search" 8: 677:"Santoña, Spain ocean power - Google Search" 16: 738:"Wave energy project yet to produce power" 234:LEAP Autonomous PowerBuoy, New Jersey, USA 15: 301:in 2017, which was put in place in 2018. 789:"MPS completes PowerBuoy commissioning" 501: 368:The company's primary product is the 1100:Renewable energy in the United States 1085:Renewable energy technology companies 813:"Portland Victoria, Australia system" 511:. Bloomberg, accessed 15 August 2019. 7: 924:"Atlantic City, NJ prototype system" 309:Ocean Power Technologies Australasia 282:site developed by the joint venture. 184:Ocean Power Technologies Australasia 632:Case, Elizabeth (August 30, 2013). 14: 1115:Companies listed on NYSE American 838:"Cromarty Firth, Scotland system" 296:, a renewable energy project off 465: 451: 437: 423: 409: 192:wave power projects in Australia 1010:"Undersea Substation Pod (USP)" 160:(OPT) is a U.S. publicly owned 695:"Cornwall, UK Wave Hub system" 1: 1105:Renewable energy in Australia 394:Undersea Substation Pod (USP) 305:Portland, Victoria, Australia 288:- O.P.T. aims to develop its 1131: 351:Atlantic City, New Jersey 292:generation technology at 1110:Power station technology 996:Ocean Power Technologies 978:Ocean Power Technologies 158:Ocean Power Technologies 17:Ocean Power Technologies 431:Renewable energy portal 313:Victorian Wave Partners 1060:Victoria Wave Partners 793:www.yoursubseanews.com 652:"Santoña Spain system" 258:Reedsport, Oregon, USA 76:, United States (1984) 1048:Official website OPTA 881:"Oahu, Hawaii system" 473:United Kingdom portal 286:Cornwall, England, UK 248:Coos Bay, Oregon, USA 1039:Official website OPT 619:www.triplepundit.com 445:United States portal 311:Pty Ltd, as part of 186:Pty Ltd, OPTA is an 1065:Cornwall's Wave Hub 1055:OPT Global Partners 974:"hybrid PowerBuoy®" 18: 769:. 13 November 2017 590:"Reedsport system" 491:Pelamis Wave Power 317:Portland, Victoria 151:(1999 established) 97:Monroe, New Jersey 60:Sustainable Energy 1095:Energy conversion 787:Media, Red Mist. 767:cleantechnica.com 565:"Coos Bay system" 262:Reedsport, Oregon 198:Range of products 155: 154: 141: 138:President and CEO 129: 1122: 1051: 1050: 1042: 1041: 1025: 1024: 1022: 1021: 1012:. Archived from 1006: 1000: 999: 992:"Subsea Battery" 988: 982: 981: 970: 964: 963: 961: 960: 951:. Archived from 945: 939: 938: 936: 935: 926:. Archived from 920: 914: 913: 902: 896: 895: 893: 892: 883:. Archived from 877: 871: 870: 859: 853: 852: 850: 849: 840:. Archived from 834: 828: 827: 825: 824: 815:. Archived from 809: 803: 802: 800: 799: 784: 778: 777: 775: 774: 759: 753: 752: 750: 749: 734: 728: 727: 716: 710: 709: 707: 706: 697:. Archived from 691: 685: 684: 673: 667: 666: 664: 663: 654:. Archived from 648: 642: 641: 629: 623: 622: 611: 605: 604: 602: 601: 592:. Archived from 586: 580: 579: 577: 576: 567:. Archived from 561: 555: 554: 543: 537: 536: 534: 533: 524:. Archived from 518: 512: 506: 475: 470: 469: 468: 461: 459:Australia portal 456: 455: 454: 447: 442: 441: 440: 433: 428: 427: 419: 414: 413: 376:Hybrid PowerBuoy 252:Coos Bay, Oregon 162:renewable energy 135: 123: 120:Terence J. Cryan 85:George W. Taylor 52:Renewable Energy 19: 1130: 1129: 1125: 1124: 1123: 1121: 1120: 1119: 1075: 1074: 1046: 1045: 1037: 1036: 1033: 1028: 1019: 1017: 1008: 1007: 1003: 990: 989: 985: 972: 971: 967: 958: 956: 947: 946: 942: 933: 931: 922: 921: 917: 904: 903: 899: 890: 888: 879: 878: 874: 861: 860: 856: 847: 845: 836: 835: 831: 822: 820: 811: 810: 806: 797: 795: 786: 785: 781: 772: 770: 761: 760: 756: 747: 745: 736: 735: 731: 718: 717: 713: 704: 702: 693: 692: 688: 675: 674: 670: 661: 659: 650: 649: 645: 631: 630: 626: 613: 612: 608: 599: 597: 588: 587: 583: 574: 572: 563: 562: 558: 545: 544: 540: 531: 529: 520: 519: 515: 507: 503: 499: 471: 466: 464: 457: 452: 450: 443: 438: 436: 429: 422: 415: 408: 405: 396: 387: 378: 366: 361: 336:Port Authority. 326: 230: 225: 200: 177:Lockheed Martin 134: 132:George H. Kirby 130: 122: 116: 106: 99:, United States 88:Joseph R. Burns 87: 34: 12: 11: 5: 1128: 1126: 1118: 1117: 1112: 1107: 1102: 1097: 1092: 1087: 1077: 1076: 1073: 1072: 1067: 1062: 1057: 1052: 1043: 1032: 1031:External links 1029: 1027: 1026: 1001: 983: 965: 940: 915: 910:www.google.com 897: 872: 867:www.google.com 854: 829: 804: 779: 754: 729: 724:www.google.com 711: 686: 681:www.google.com 668: 643: 638:oregonlive.com 624: 606: 581: 556: 551:www.google.com 538: 513: 500: 498: 495: 494: 493: 488: 483: 477: 476: 462: 448: 434: 420: 404: 401: 395: 392: 386: 385:Subsea Battery 383: 377: 374: 365: 362: 360: 357: 356: 355: 347: 337: 334:Cromarty Firth 325: 322: 321: 320: 302: 283: 272:Santoña, Spain 269: 255: 245: 229: 226: 224: 221: 220: 219: 216: 212: 208: 199: 196: 153: 152: 147: 143: 142: 117: 114: 111: 110: 107: 104: 101: 100: 94: 90: 89: 82: 78: 77: 67: 63: 62: 49: 45: 44: 35: 30: 27: 26: 23: 13: 10: 9: 6: 4: 3: 2: 1127: 1116: 1113: 1111: 1108: 1106: 1103: 1101: 1098: 1096: 1093: 1091: 1088: 1086: 1083: 1082: 1080: 1071: 1068: 1066: 1063: 1061: 1058: 1056: 1053: 1049: 1044: 1040: 1035: 1034: 1030: 1016:on 2014-04-08 1015: 1011: 1005: 1002: 997: 993: 987: 984: 979: 975: 969: 966: 955:on 2013-01-30 954: 950: 944: 941: 930:on 2012-10-22 929: 925: 919: 916: 911: 907: 901: 898: 887:on 2012-09-24 886: 882: 876: 873: 868: 864: 858: 855: 844:on 2013-09-28 843: 839: 833: 830: 819:on 2012-08-25 818: 814: 808: 805: 794: 790: 783: 780: 768: 764: 758: 755: 743: 739: 733: 730: 725: 721: 715: 712: 701:on 2013-02-06 700: 696: 690: 687: 682: 678: 672: 669: 658:on 2012-08-25 657: 653: 647: 644: 639: 635: 628: 625: 620: 616: 610: 607: 596:on 2012-08-24 595: 591: 585: 582: 571:on 2012-09-24 570: 566: 560: 557: 552: 548: 542: 539: 528:on 2012-08-25 527: 523: 522:"LEAP system" 517: 514: 510: 505: 502: 496: 492: 489: 487: 484: 482: 479: 478: 474: 463: 460: 449: 446: 435: 432: 426: 421: 418: 417:Energy portal 412: 407: 402: 400: 393: 391: 384: 382: 375: 373: 371: 363: 358: 353: 352: 348: 345: 341: 338: 335: 331: 328: 327: 323: 318: 314: 310: 306: 303: 299: 295: 291: 287: 284: 281: 277: 273: 270: 267: 263: 259: 256: 253: 249: 246: 243: 239: 235: 232: 231: 227: 222: 217: 213: 209: 206: 202: 201: 197: 195: 193: 189: 185: 181: 178: 173: 171: 167: 163: 159: 150: 148: 144: 139: 133: 127: 121: 118: 112: 108: 102: 98: 95: 91: 86: 83: 79: 75: 71: 68: 64: 61: 57: 53: 50: 46: 43: 39: 36: 33: 28: 24: 20: 1018:. Retrieved 1014:the original 1004: 995: 986: 977: 968: 957:. Retrieved 953:the original 943: 932:. Retrieved 928:the original 918: 909: 900: 889:. Retrieved 885:the original 875: 866: 857: 846:. Retrieved 842:the original 832: 821:. Retrieved 817:the original 807: 796:. Retrieved 792: 782: 771:. Retrieved 766: 757: 746:. Retrieved 744:. 2018-03-28 741: 732: 723: 714: 703:. Retrieved 699:the original 689: 680: 671: 660:. Retrieved 656:the original 646: 637: 627: 618: 609: 598:. Retrieved 594:the original 584: 573:. Retrieved 569:the original 559: 550: 541: 530:. Retrieved 526:the original 516: 504: 481:Ocean energy 397: 388: 379: 367: 349: 340:Oahu, Hawaii 339: 329: 304: 285: 271: 257: 247: 233: 182: 174: 157: 156: 93:Headquarters 22:Company type 344:Kaneohe Bay 105:Area served 1090:Wave power 1079:Categories 1020:2012-11-19 959:2012-11-14 934:2012-11-14 891:2012-11-14 848:2012-11-14 823:2012-11-14 798:2018-06-02 773:2018-06-02 748:2018-06-02 705:2012-11-14 662:2012-11-14 600:2012-11-14 575:2012-11-14 532:2012-11-14 497:References 486:Wave farms 359:Technology 290:wave power 266:PowerBuoys 238:New Jersey 188:Australian 170:wave power 115:Key people 74:New Jersey 56:Wave Power 370:PowerBuoy 364:PowerBuoy 324:Completed 276:PowerBuoy 242:PowerBuoy 205:PowerBuoy 166:PowerBuoy 109:Worldwide 70:Princeton 32:Traded as 742:BBC News 403:See also 330:Scotland 298:Cornwall 294:Wave Hub 228:Projects 223:Projects 126:chairman 48:Industry 280:Santoña 278:at the 215:sector. 146:Website 81:Founder 66:Founded 40::  25:Public 42:OPTT 38:AMEX 1081:: 994:. 976:. 908:. 865:. 791:. 765:. 740:. 722:. 679:. 636:. 617:. 549:. 307:- 72:, 58:, 54:, 1023:. 998:. 980:. 962:. 937:. 912:. 894:. 869:. 851:. 826:. 801:. 776:. 751:. 726:. 708:. 683:. 665:. 640:. 621:. 603:. 578:. 553:. 535:. 207:. 140:) 136:( 128:) 124:(

Index

Traded as
AMEX
OPTT
Renewable Energy
Wave Power
Sustainable Energy
Princeton
New Jersey
George W. Taylor
Monroe, New Jersey
Terence J. Cryan
chairman
George H. Kirby
President and CEO

renewable energy
PowerBuoy
wave power
Lockheed Martin
Ocean Power Technologies Australasia
Australian
wave power projects in Australia
PowerBuoy
New Jersey
PowerBuoy
Coos Bay, Oregon
Reedsport, Oregon
PowerBuoys
PowerBuoy
Santoña

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.