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Marine licence approved for first Wave Hub deployment

Ocean Energy Ltd has been granted a three year marine licence for the deployment of the first wave energy device at Wave Hub.

The Marine Management Organisation (MMO) has granted consent to Cork-based OceanEnergy Ltd (OEL) to deploy its €9 million OE Buoy wave energy converter at Wave Hub, around 10 miles off the north coast of Cornwall in South West England.

Wave Hub expects the deployment of the one megawatt device to take place later this year. OEL is currently in discussions with local supply chain companies about support with fabrication and deployment, and hopes to operate from the newly refurbished North Quay in Hayle Harbour.

We are delighted that OEL has been given the green light from the MMO to deploy the first wave energy device at Wave Hub and that the consent process has gone so smoothly. We look forward to assisting them with their deployment later this year.

Claire Gibson, Wave Hub General Manager

Having completed successful trials of a scale device for over three years in Galway Bay we are delighted to be the first developer to be awarded a marine license to deploy at Wave Hub. This will enable us to proceed with our anchor trials at the Wave Hub site and test the proposed system prior to a full-scale deployment.

John McCarthy, chief executive and co-founder of OceanEnergy Ltd

A delegation from the MMO will be visiting Wave Hub and other marine energy facilities which make up the South West Marine Energy Park later this month.

Dr. Shaun Nicholson, Head of Offshore Licensing at the Marine Management Organisation said: “We are pleased to have granted the first licence at Wave Hub and look forward to learning more about future proposals for marine energy development in the South West during our visit.”

OEL is participating in this project with its technology partner Dresser-Rand, the largest service provider in the oil and gas industry. The OE Buoy weighs 650 tonnes, is 37.5 metres long, 18 metres wide and has a draft of 9.8 metres.