SRP to supply CETO components to Australian wave energy project

13 February 2014 (Last Updated February 13th, 2014 18:30)

Subsea Riser Products (SRP) has secured a contract from Carnegie Wave Energy to supply subsea foundation connectors, articulating bearings and tether assemblies for the 5MW Perth wave energy project off the Western Australian coast.

Subsea Riser Products (SRP) has secured a contract from Carnegie Wave Energy to supply subsea foundation connectors, articulating bearings and tether assemblies for the 5MW Perth wave energy project off the Western Australian coast.

Pursuant to the contract, SRP will supply three Rocksteady mooring or foundation connectors, with a breaking load (MBL) rating of 2,000t that will be placed in articulated bearing assemblies in a shallow water depth of 30m, situated off the coast.

SRP is expected to carry out manufacturing and assembly work in the UK and mainland Europe with the first phase of equipment set for delivery in the first quarter of 2014.

SRP head of business development Mike Ridgway said the company's connectors have been selected based on their performance, particularly its automatic latching and resistance to bending, torsion and compression.

Having completed qualification and fatigue testing in 2013, the SRP Rocksteady subsea mooring connector will now be deployed on the project, which is claimed to be the first grid-connected cylindrical energy transfer oscillating (CETO) wave energy project.

Carnegie analysis engineer Alexandre Pichard said the company has selected SRP for the supply of key CETO unit components via a competitive tender process that considered proven performance in similar applications, cost and schedule.

"SRP was very responsive to key selection criteria and demonstrated an appetite to provide an innovative solution to the project."

"SRP was very responsive to key selection criteria and demonstrated an appetite to provide an innovative solution to the project requirements," said Pichard.

The project will feature four to eight submerged CETO units, subsea pipelines, hydraulic conditioning equipment and an onshore power generation facility.

The project had received support from Australia through the Emerging Renewables Program, and Western Australia through the Low Emissions Energy Development Fund to complete foundation milestone.

In addition to this, Carnegie received $16.5m equity funding from Australian Special Opportunity Fund, a US -based institutional investor to support the project.

Once operational in the first quarter of 2014, the project will supply the electricity to the Department of Defence for HMAS Stirling located on Garden Island, with enough to power around 3,500 households.

Carnegie secured environmental and safety approvals in December 2012 and planning approval from the Government of Western Australia in February 2013.

Energy