MoorPower™ is a CETO derived wave energy product designed for moored vessels and offers a solution to the challenge of securing clean and reliable energy for offshore activities, reducing reliance on diesel generation. The initial target market for MoorPower™ is offshore vessels such as feeding barges for the aquaculture sector, but the future market is broader and includes the many other offshore operations that require energy.
This $3.4m MoorPower™ Scaled Demonstrator project will be delivered with funding support from the Blue Economy CRC and in close collaboration with a consortium of partners including two of Australia’s largest aquaculture companies, Huon Aquaculture and Tassal Group. Academic and industry partners include DNV GL Australia, Advanced Composite Structures Australia, University of Tasmania, Climate KIC/Australian Ocean Energy Group, AMC Search and University of Queensland. The project is supported by $1.35m cash from the Blue Economy CRC, $265k cash from Carnegie and $1.8m of in-kind support from all the project partners.
