Speaking to the Lusa agency, the director in Portugal of the
Swedish technology company, Miguel Silva, said that between 2024 and 2025, the
installation of the remaining three wave energy converters will be completed,
providing for a production of 1.2 megawatts of energy, enough to serve 1,000
homes and representing an investment of €16 million.
Miguel Silva said that the first wave energy converter, in
the shape of a buoy, nine meters in diameter, will be placed in the water in mid-November,
about six kilometres from land, on Aguçadoura beach [ in Póvoa de Varzim].
According to the official, “the anchor that will fix the
device and the electric submarine cable that will transport the energy, from
the point of production, to a substation located on Barranha beach, in
Aguçadoura, are already installed on site”.
According to the official, the project to install the four
converters represents an investment of €16 million, but he stressed that the
Swedish company intends to continue “evolving the technology and, at that time,
the investment will be different”.
This costs € 16.000 per house. Excluding maintenance. How long will they last?
Not sure if this is a cost effective solution. Solar + batteries can be done at a much lower amount per house.
By Robert from Lisbon on 15 Oct 2022, 07:18
While the cost per house is high now, as mentioned by Robert , this is a new technology, and as such, we should expect the prices to come down. Plus waves tend to be more reliable than the sun over a 24/7 period. I think we should be embracing it.
By Paul Stubbs from Beiras on 16 Nov 2022, 11:05