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Funding for Carnegie

CETO Wave Energy Project selected from 61 applications

Carnegie Wave Energy has secured vital funding for its groundbreaking project from the newly-launched National Centre of Excellence in Desalination.

The project, entitled ‘Application of CETO Wave Energy Technology to the Direct Desalination of Seawater’, will evaluate the integration of proven off-the shelf desalination technologies with the CETO technology to produce emission-free desalinated freshwater.

The $500,000 project will be 50 per cent funded by NCED, with the remainder coming from Carnegie itself. It brings together an important mix of academic expertise through Murdoch University (Perth), NCED and water industry specialists, both local and international.

The project, which will be based at NCED headquarters at Rockingham, south of Perth, marks an important stepping stone to enable the commercial rollout of CETO technology to include the production of emission-free freshwater.

The NCED leads and coordinates Australia’s research in desalination technology and is funded with $20 million in government funding and $5 million in WA State Government funding.

“We see the global desalination market as having enormous potential for our business," Carnegie’s managing director and chief executive, Dr Michael Ottaviano said.

"Western Australia is recognised globally as a leader in desalination and the ideal location for the NCED. Having our initial project located in WA means we are ideally placed to leverage desalination opportunities locally and then export this expertise globally.

"There is currently over $10 billion of investment in desalination projects in Australia alone and the global market is forecast to be in excess $50 billion annually by 2020”.

Pic: CETO units operating offshore at Fremantle, WA.