Thirteenth International Conference on Climate Change: Impacts & Responses

Abstract

TWEFDA Ltd is developing an energy device with dual functionalities addressing the two biggest challenges the energy market is facing right now with one single device: energy storage. A physical assessment encountered that the device is capable of storing the energy that 3,200 UK households will require for one hour and renewable energy production. A technical feasibility study carried out by The University of Aberdeen revealed that the device (acting as a Wave Energy Converter in the form of a Point Absorber) can deliver power in the region of 65-80 MW in the North Sea. To put this figure power into context, the Haliade-X by General Electric will be the largest ever built wind-turbine and can harness 12 MW at its maximum production rate. The technology is sustainable, has significant energy efficiency, can potentially repurpose decommissioning assets or relies on its own, belong to the low-carbon technologies and contributes to the circular economy both, by using renewable sources, and by helping the National Grid to stabilize without using heavy/rare metals to store electricity. Furthermore, the technology is required in the entire world, can be working 24/7, is extremely respectful with the environment, is extremely profitable, and has the clear potential to revolutionize the whole energy sector.