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The Cleantech Show #031: Base Load Wave Power, Interview with Dr. Michael Ottaviano, MD, Carnegie Corporation & CETO

 
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The Cleantech Show #31 (MP3 - 8MB - 22min)
Interview with Dr. Michael Ottaviano, MD, Carnegie Corporation & CETO

Wave Power seems to be reaching a level of acceptance in the market such that I think its time in the sun i think is rapidly approaching. This is the case Particularly here in Australia where companies developing ocean power technologies are looking to couple power generation with desalination and colocating facilities close to capital cities.

My guest on today’s Cleantech Show is Dr Michael Ottaviano, MD of Carnegie Corporation a company that has been developing the CETO ocean power technology. One of the really interesting aspects of their technology is that it provides high pressure sea water, rather than electricity back to the shoreline. In their view this makes it the most efficient and cost effective way to desalinate freshwater from wave energy, and allow the production of electricity through traditional hydro electric turbine technology.

On the show we discuss in depth how the CETO technology operates, and the benefits it has in comparison to other forms of renewable energy. Michael explains the massive energy availability that is available in the 2m wave environment where the CETO technology operates efficiently. This is another great technology to watch, as the company aims to have a commercial product ready in the next 18 months. Make sure you listen in.

There are also some great animations on the CETO website that explain visually how the technology operates.

Listed on the Australian Stock Exchange since 1993, Carnegie (ASX:CNM) is a dynamic company focused on clean energy investment and development. Carnegie is currently involved in developing two clean energy technologies: the CETO Wave Energy technology & its 100% owned clean coal technology, Cleaner Coal Power.

Prior to joining Carnegie, Michael was a Senior Manager specializing in Technology and Innovation consulting at a global accounting and advisory firm. He has advised companies on new product development, intellectual property, innovation portfolio management and technology commercialization across various industries and ranging from start-ups to ASX-listed companies with market capitalizations in excess of $1billion.

Enjoy the show.

cheers
Nick Bruse

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One Response to “The Cleantech Show #031: Base Load Wave Power, Interview with Dr. Michael Ottaviano, MD, Carnegie Corporation & CETO”

  1. Climate Investing Says:

    Thanks for the interview!
    There’s some research building on Carnegie Corporation on my blog: Climate Investing. climateinvesting.net.
    cheers

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