Tribal Consortium signs MOU for Ocean Wave Energy

Chugachmiut and Carnegie Clean Energy Ltd. announce a memorandum of understanding (MOU) to collaborate on exploring wave energy in the Chugach region. Carnegie Clean Energy is the Australian developer of the CETO® technology, which captures energy from ocean waves and converts it into electricity. The companies will work together to explore the feasibility of ocean wave energy in Alaska.

Carnegie uses the latest advances in onboard power generation and artificial intelligence to efficiently generate zero-emission electricity. CETO is an innovative, fully submerged, point absorber-type wave energy technology. A submerged buoy sits a few yards below the water’s surface and moves with the ocean’s waves. This constant movement drives a power take-off system that converts this motion into electricity. Being fully submerged and zero-emission, CETO won’t interfere with marine traffic, coastal aesthetics, or tourism, and has minimal impact on marine life.

Carnegie Clean Energy’s CETO technology has enormous potential to be a source of sustainable, clean electricity in Alaska. “This revolutionary wave conversion system can potentially supply electricity to communities in the Chugach region,” says Angela ‘Jan’ Vanderpool, Executive Director of Chugachmiut. “We are excited for the potential of lowering energy costs in the region, and it’s clean, renewable, and sustainable.”

Attached to the sea floor, CETO can harness wave power and become a source of zero-emission and cost-effective electricity for the Chugach region. Learn more and watch a video of the CETO technology at https://www.carnegiece.com/ceto-technology/.

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