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Anthony Mack. On our minds. Dependency on foreign oil Global warming High unemployment Barack Obama’s $15,000,000,000 per year for clean, renewable energy. Rising Energy Consumption. We need: More energy Less carbon. Renewable Sources. Solar – Good, but where to put the panels
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On our minds • Dependency on foreign oil • Global warming • High unemployment • Barack Obama’s $15,000,000,000 per year for clean, renewable energy Deep Wave Energy, Inc. Confidential
Rising Energy Consumption We need: • More energy • Less carbon Deep Wave Energy, Inc. Confidential
Renewable Sources • Solar – Good, but where to put the panels • Wind – Good, but turbines look ugly • Geothermal – Good, but not around here • Tidal – Good, but we don’t have much • Offshore Wind – Very Good, but expensive • Wave – Perfect We need all of the above. Deep Wave Energy, Inc. Confidential
New forms of energy are required It is estimated that if 0.2% of the ocean’s untapped energy could be harnessed, it could provide power sufficient for the entire world. Source: Oregon State University Deep Wave Energy, Inc. Confidential
Waves are a concentrated form of solar energy Deep Wave Energy, Inc. Confidential
So where are the big waves? kW/m crest length Deep Wave Energy, Inc. Confidential
Big Waves Asia USA Deep Wave Energy, Inc. Confidential
Come and Get it • Terawatts of power being wasted • Outer Continental Shelf (OCS) or • International waters (no permits needed) • Reducing wave heights has • ZERO ecological impact • ZERO human impact Deep Wave Energy, Inc. Confidential
But How • So far away • Freezing temperatures • Brutal environment • Mean wind speed 10 m/sec (22 mph) • Top 1% 22 m/sec (50 mph) • Huge waves (24m every 100 years) Deep Wave Energy, Inc. Confidential
Design Goals • Capture wave energy • 100% human and eco friendly • Maintainability • Reliability (minimize maintenance) • Safety (24m swells and 60mph winds) • Low cost Deep Wave Energy, Inc. Confidential
The answer: air filled bladders Deep Wave Energy, Inc. Confidential
Add two valves andyou have an air pump Deep Wave Energy, Inc. Confidential
“Module” Deep Wave Energy, Inc. Confidential
The bladder “head” Deep Wave Energy, Inc. Confidential
Wave Trough air pressure builds Deep Wave Energy, Inc. Confidential
Rising Wave air is squeezed out by the water pressure Deep Wave Energy, Inc. Confidential
Wave Crest all air is expelled at the crest of big waves Deep Wave Energy, Inc. Confidential
Falling Wave nothing happens until Deep Wave Energy, Inc. Confidential
Bladder Inflates water level drops below the head Deep Wave Energy, Inc. Confidential
Each bladder has its own phase Deep Wave Energy, Inc. Confidential
Need a Pier-like Backbone Deep Wave Energy, Inc. Confidential
A “Section” is basically a dock Deep Wave Energy, Inc. Confidential
150m long - 142 modules Deep Wave Energy, Inc. Confidential
Section House Deep Wave Energy, Inc. Confidential
Air turbines, generators,hydrogen generators, pumps, … Deep Wave Energy, Inc. Confidential
A “Station” or Power Station • Stations are made up of 1 or more sections (Section can be connected end to end) • A station will grow until it is a navigational hazard (maybe a mile long) • Stations are unmanned except when the hydrogen is being picked up • Stations are anchored to the ocean floor or they have slowly turning props Deep Wave Energy, Inc. Confidential
Power • Assuming 3m swell, 10 seconds apart • Pressure differential 9400Pa (1.5psi) • Flow 4.5 m3/min (160cfm) • 710 watts (3/4 of hp) per bag • Each bladder can power a small house • Operates at full rating 60% of the time • 1.2 megawatt per section • 20 sections would produce 24 megawatts or 79 gigawatt hours per year Deep Wave Energy, Inc. Confidential
Cost of Construction • First Section – $5 million • Hundredth Section - $3 million • Cost of Construction $2.50-4.00 per watt • A 25 megawatts station ~ $100m • After 20 sections, the station pays for its own growth • At $4.00/kg for hydrogen, a station makes $17 million per year Deep Wave Energy, Inc. Confidential
Deep Wave Energy’s Plan • Small Feasibility Study (EISG) • Wave Tank Experiments – done by D.W.E. • Bladder/Wave Interaction – by UCSD and SIO • Ocean Platform – by an engineering firm • Economic Analysis – by manufacturer • Large Feasibility Study • Prototype • Venture Capital and/or Partnership Deep Wave Energy, Inc. Confidential