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Your Exclusive Wave Energy News Service! Welcome to your special Renewable Energy World Edition of the Wave Energy Today Newsletter! Welcome to your copy of our brand new Wave Energy Today newsletter. It's the only newsletter designed exclusively for the wave energy community and best of all - it's free! Want to carry on receiving it? You're not yet subscribed but signing up is quick and easy. All you have to do is click here and you'll be set to receive regular updates on the latest news in the wave energy industry. Over 1000 of your peers have already signed up and we hope you'll join us! So, what's in this issue? For this special issue, we've taken some of the most pertinent news articles from the last few weeks. Click one of the headlines below to go to the story you want to read Contents WAVE ENERGY TODAY EXCLUSIVE! C-Wave: Most People Believe that Wave Energy is Really Going to Happen Case Study - Marine Energy Harnessing the Power of Wind and Waves PG&E Gets Preliminary OK for Wave Research off North Coast The Rise of British Sea Power Eskom Explores Wave Energy Companies Try to Capitalise on Wave Power but Face Technology Hurdles and Tight Capital Markets Scotland Aims to be the Saudi Arabia of Wave Power Checkmate Group forms a Specialist Wave Subsidiary Oceanlinx to Provide Wave Power for Maui South Africa's Shores could Generate up to 10 000 MW Vattenfall, Wavebob sign Agreement Oil Touches Record Near $110 US WAVE ENERGY TODAY EXCLUSIVE! C-Wave: Most People Believe that Wave Energy is Really Going to Happen The potential of wave power as a renewable energy is staggering. Future Energy Solutions recently highlighted that the global potential for wave power is estimated to be around 8,000 - 80,000 TWh/y (1 - 10TW). This is the same order of magnitude as world electrical consumption. We've been talking to Giles Edward about how the industry has developed since he joined C-Wave as Chief Executive two years ago. He also told us how he thinks the industry will progress... Click here for full story Case Study - Marine Energy "Here I am, tearing my hair out daily, because I don't have the resources to do the job effectively," says an exasperated Michael Burrett. The managing director of Embley Energy Ltd, in Bristol, he's the typical of the multitude of innovators out there who face the huge struggle of getting a great idea off the paper and into action." Click here for full story Harnessing the Power of Wind and Waves GALWAY, Ireland – Fierce, unforgiving seas surround Ireland's shores. And that could prove to be a money-maker for the country. The government, university research departments, and a growing number of entrepreneurs, are collaborating in various ways to tap the power and resources of the ocean. Wavebob and Ocean Energy, cfor instance, have installed wave power prototypes in Galway Bay and will experiment with larger prototypes in an energy park being created just to the north, off the coast of county Mayo. Click here for full story PG&E Gets Preliminary OK for Wave Research off North Coast Federal energy regulators have given a preliminary nod to PG&E's proposal to study wave energy off the coasts of Mendocino and Humboldt counties. "We're very excited our preliminary permit was approved. This is getting us one step closer to capturing ocean energy," said PG&E spokeswoman Jana Morris. Click here for full story The Rise of British Sea Power Britain is set this week to enter a new age, generating energy directly from the seas that surge around its shores. On Saturday a strange, 122ft – long contraption – looking like an upside-down windmill – will set off from the Belfast dock that built the Titanic to produce the first electricity ever brought ashore from British tides. Click here for full story Eskom Explores Wave Energy Johannesburg – Eskom is serious about renewable energy and aims to have an operational capacity of 1400 MW from renewable sources by 2025, says Terence Govender, the head of Eskom's research department. Eskom has been doing research about the viability of harnessing the power of waves since 2002, said Govender at a working group meeting held last week. Click here for full story Companies Try to Capitalise on Wave Power but Face Technology Hurdles and Tight Capital Market Hydroelectric power has been around for decades, but an emerging technology is taking hold to capture energy from the ocean's crashing waves. Several start-ups have begun deploying buoys that harness energy from wave movement in coastal areas of the US, Canada, Europe, South America and Africa. The energy is then sent back ashore via underwater cables. Ocean power is just one type of renewable energy whose outlook has brightened amid surging energy prices and growing concern about global warming Click here for full story Scotland Aims to be the Saudi Arabia of Wave Power The Scots are poised to become the world leader in wave energy - a market potentiall worth billions. By 2020, according to some estimates, Scotland could produce as much as 1,300 megawatts, enough to power a city the size of Seattle. Click here for full story Checkmate Group forms a Specialist Wave Subsidiary The Checkmate Group comprises of four operating divisions: designing and manufacturing lifting and lashing solutions, height safety equipment, flexible engineered products and wave energy conversion. After being approached by a group of investors, the Checkmate Group has formed a specialist subsidiary called "Checkmate Seaenergy". It has worldwide exclusive rights to the Anaconda Wave Energy Converter. Anaconda uses an entirely novel concept in wave energy conversion which they "promise will be more cost effective than anyother system in existence" according to their website. As such, Checkmate Seaenergy claim that it has the potential to contribute to significantly reduce the UK's and other countries' CO2 output from electricity generation. The device is made almost entirely of rubber and will draw upon the elastomer expertise of Avon Fabrications which is the flexible engineering division of the Group. Click here for source Oceanlinx to Provide Wave Power for Maui At a press conference the Hawaii Linda Lingle recently, Oceanlinx Limited, an Australia-based high-tech company, formally announced plans to provide electricity to Maui Electric Company from Hawaii's first wave energy project. The project aims to provide up to 2.7 megawatts from two to three floating platforms located one-half to three-quarters of a mile due north of Pauwela Point on the northeast coast of Maui. Click here for full story South Africa's Shores could Generate up to 10 000 MW Wave power could conservatively gnerate between 8,000 MW and 10,000 MW of electricity from the Cape's West and South Coasts says marine engineer Professor Deon Retiefm who headed the Stellenbosch Wave Energy Converter Project. Retief was speaking at a Wave Energy Workshop organised by the Centre for Renewable and Sustainable Energy Studies. The project was established after the global oil crisis of the mid-1970's. Click here for full story Vattenfall, Wavebob sign agreement Swedish utility Vattenfall and Irish wave energy firm Wavebob said they will cooperate on the utility-scale development of wave power. The two companies will collaborate on bringing prototype wave power devices to full scale commercial wave power farms. The agreement also lists further development of Wavebob's technology and scaling it up to commercial size, Vattenfall announced. Click here for full story Oil Touches Records Near $110 US Crude-oil futures exploded to more records to more records yesterday in a trading day with wild price gyrations as indications, predictions and emotions ran rampant. Light, sweet crude for April delivery settled 85 cents (US) a barrel higher, or 0.8 per cent, at a record close of $108.75 on the New York Mercentile Exchange. That oil contract also set an intraday record of $109.72. Click here for full story Media Partners         This email was sent by Wave Energy, a division of First Conferences Ltd at 7-9 Fashion St, London, E1 6PX, UK.

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