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Hans Chr. Soerensen Residence Palace, Brussels 10th February 2009

SUSTAINABLE ENERGY GOES MAINSTREAM Where EU energy projects meet the media. Insert here your logo. Wave Dragon from research to business. Hans Chr. Soerensen Residence Palace, Brussels 10th February 2009. Wave Dragon. Wave Dragon principle.

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Hans Chr. Soerensen Residence Palace, Brussels 10th February 2009

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  1. SUSTAINABLE ENERGY GOES MAINSTREAM Where EU energy projects meet the media Insert here your logo Wave Dragon from research to business • Hans Chr. Soerensen • Residence Palace, Brussels • 10th February 2009

  2. Wave Dragon

  3. Wave Dragon principle The Wave Dragon is a slack-moored wave energy converter that can be deployed alone or in parks wherever a sufficient wave climate and a water depth of more than 25 m is found. Climate Power production12 kW/m 1½ MW 4 GWh/y/unit 24 kW/m 4 MW 12 GWh/y/unit36 kW/m 7 MW 20 GWh/y/unit48 kW/m 12 MW 35 GWh/y/unit Wave reflector Waves overtopping the doubly curved ramp Reservoir Turbine outlet

  4. Mooring principle

  5. Adjusting to the waves

  6. Wave Dragon video

  7. Developmentphases for Wave Dragon

  8. CommercialProjections

  9. Looking for injection of share capital • Looking for €50 million in new share capital for 75% of the shares • Having utility kind of investor ready looking for sharing the injection • In tranches beginning with finalizing the design for projects in UK, Portugal, Ireland and Denmark €0.5m

  10. Regions where wave energy is most feasible 50% of World energy demand can be covered by wave energy, WEC 2004 1TW 60o * 13 30o 0o 30o 60o The western wind belt with the wave energy density inkW/m *

  11. DTI - UK expectations

  12. The theoretical global resource is estimated to be in the order of: 8,000 - 80,000 TWh/year for wave energy; 800 TWh/year for tidal current energy; 2,000 TWh/year for salinity gradient energy; 10,000 TWh/year for ocean thermal energy IPCC report January 2008 Ocean Energy Potential Source: EC SET plan, World Energy Council

  13. Wave Dragon – published data

  14. Thank You www.wavedragon.net

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