Transcript

1Offshore Wind & Marine Energy Workshop | Bilbao | 2012-02-28

Voith Hydro Wavegen

Matthew Seed - CEO

Offshore Wind & Marine Energy Workshop, Bilbao, País Vasco, 2012-02-28

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Agenda

Company

Technology

Limpet

Mutriku

What’s next

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Company

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Voith GroupSales and Employees by Division

6,3581,5722,0051,0061,762Orders received (Mio. €)

9,937

1,827

Voith Paper

5,965

1,520

Voith Turbo

Voith GmbH (fiscal year 2010 / 2011)

Group Divisions Voith HydroVoith Industrial

Services* Group

Sales (Mio. €) 1,228 1,006 5,594

Employees 5,345 18,464 40,691

* incl. Voith Others

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Voith GroupWorldwide presence for customers

• Production facilities and sales centres in more than 50 countries – covering all key regions of the world.

• Worldwide research and development network.

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Voith is innovative

• Voith – where smart people like to work.

• 11,000 active patents.

• 400 new patents every year.

• Preference based on innovation.

• Investments for Research & Development lie above industry average, with 5.1% of sales.

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Voith Hydro Wavegen

Inverness

• Headquarters

• Wave tank

• Turbine test rig

Islay

• Limpet Test Facility

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Voith Hydro WavegenWave Energy Pioneer

• Formed 1990

• Based in Inverness

• Over 11 years operating

experience of first

commercial scale grid

connected wave energy

plant

• A Voith Hydro company

since 2005Limpet, Islay

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Technology

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Wells turbineIntrinsically simple and reliable

• Only one direction of rotation.

• Minimum moving parts.

• Wide operating range.

• Extensive testing.

• No moving parts in contact with water.

• Easy access for maintenance.

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Limpet

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Limpet

• World’s first commercial scale grid connected wave energy plant

• 11+ years grid connected operation

• Over 75,000 grid connected generating hours

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90%98%

93%

70%64%

96%

2005 2006 2007 2008 2009 2010

Availability

Availability of Test Machines

Percentage

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Mutriku

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Why Mutriku?

• New outer breakwater planned.

• Opportunity for synergy.

• Incremental costs for civil works.

• Demonstration project.

• Grid connection available.

• Good access.

• First multiple OWC project.

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Mutriku Project

• Client: Ente Vasco de la Energía (EVE)

• Power plant integrated into breakwater

• 300kW (16 x 18.5kW turbines)

• First grid-connected marine energy plant in Spain

• Handed over November 2011

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MutrikuFirst operating marine energy array

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MutrikuInside the plant room

“Smoothest commissioning we’ve seen”– local delivery partner

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MutrikuGuarantees

Commercial contract with guarantees:

• Delivery

• Quality

• Energy conversion performance

• Plant availability

All achieved

Guarantees demonstrate that this is mature technology.

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MutrikuCustomer comment

“The installation and commission phase of the plant has been successfully ended and the starting up phase is showing better results on performance and availability than expected. The commercial phase seems to be promising.”

EVE’s Project Manager, Yago Torre-Enciso

2011-11-18

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MutrikuSCADA

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MutrikuOpening on 8 July 2011

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Summary

• First grid connected marine renewable plant in Spain.

• First full-life (20years) multiple unit wave energy plant.

• Complete project from opportunity identification to operating plant for customer.

• Excellent commissioning and first months of operation.

• Achieves DOE Technology Readiness Level - TR9.

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What’s next

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Siadar Wave Energy Project

• On the isle of Lewis off the west coast of Scotland.

• 4MW, 180m long active breakwater.

• 30 turbines @ 132kW

• One of the most aggressive wave energy resources in Europe.

• Fully consented.

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What’s next – global project opportunities

Australia

UKSpainAlaska Oregon

New Zealand Chile

PortugalKorea

Polynesia

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Step by Step to Reliability and Efficiency –Options for deployment

Reliability based on testing, and unrivalled real experience

Mutriku – 16 unit project with EVE

Siadar project, consented and grid connected

Ongoing development of offshore platforms by Wavegen and with partners.

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Contact:Adam Young Matthew SeedBusiness Development Engineer CEOadam.young@wavegen.com matthew.seed@wavegen.com

Tel. + 44 1463 238094

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