Pelamis Wave Power

Pelamis Wave Power
Fate Bankrupt
Founded 1998 (1998)
Defunct November, 2014
Headquarters Edinburgh, Scotland, United Kingdom
Key people
 Richard Yemm (CEO and Founder)
Products Wave energy converters
Website www.pelamiswave.com

Pelamis Wave Power designed and manufactured the Pelamis Wave Energy Converter – a technology that uses the motion of ocean surface waves to create electricity. The company was established in 1998 and had offices and fabrication facilities in Leith Docks, Edinburgh, Scotland. It went into administration in November 2014.

History

The company was founded in 1998 by Richard Yemm, Chris Retzler and David Pizer with the aim of commercialising the Pelamis Wave Energy Converter.[1] Originally named 'Ocean Power Delivery', the company changed its name in September 2007.[2]

In 2004 the company installed and tested their first full-scale prototype at the European Marine Energy Centre in Orkney, Scotland, becoming the first commercial scale, offshore, wave power machine to successfully generate electricity into the national grid.[3] A commercial order for three 750 kW machines followed this successful demonstration of the Pelamis technology, resulting in the installation of three Pelamis Wave Energy Converters in 2008, the Aguçadoura Wave Farm.[4] Located off the northwest coast of Portugal near Póvoa de Varzim the project was funded by Portuguese utility Enersis, at the time were owned by Australian global investment company Babcock & Brown. The farm first generated electricity in July 2008 but was taken offline in November 2008 at the same time as Babcock & Brown encountered financial difficulties.

In February 2009, Pelamis Wave Power secured an order from German utility company E.on for a new generation Pelamis Wave Energy Converter, termed the P2.[5] The machine was installed and grid connected for the first time at EMEC in October 2010, where it was tested.[6] An additional order for a P2 machine has been placed by Scottish Power Renewables in March 2010.[7]

The company were involved with a joint project with Swedish utility Vattenfall to develop the Aegir wave farm off the coast of Shetland,[8] and three 50MW sites in the Pentland Firth area, resulting from The Crown Estate seabed leasing round in March 2010.[9]

In May 2011, the company announced that it was to make a number of redundancies. This followed the completion of the manufacture of its second P2 machine and a move into a testing and operations phase.[10][11]

On 21 November 2014 the company went into administration after being unable to secure the level of additional funding required for the further development of their technology.[12] The company had employed more than 50 staff.[13]

In October 2016, after a Chinese company unveiled a similar wave power product, some former employees suggested that a March 2011 break-in at Pelamis, in which four to five laptops were stolen after a visit from a Chinese delegation two months prior, may have been industrial espionage.[14]

Awards

Pelamis Wave Power has won a number of awards including:

2011

2008

2007

2004

2003

See also

References

  1. ↑ "About Us". pelamiswave.com. Retrieved 16 June 2010.
  2. ↑ "New Name for Ocean Power Delivery" (Press release). pelamiswave.com. 3 September 2007. Retrieved 20 December 2014.
  3. ↑ "About us: Wave clients: Pelamis Wave Power". European Marine Energy Centre. Retrieved 20 December 2014.
  4. ↑ Jah, Alok (25 September 2008). "Making waves: UK firm harnesses power of the sea ... in Portugal". The Guardian. London.
  5. ↑ "E.ON on the crest of a wave". E.on (Press release). Retrieved 16 June 2010.
  6. ↑ Pelamis Wave Power Website. "E.ON at EMEC". Retrieved 10 July 2011.
  7. ↑ "ScottishPower Renewables Purchase Pelamis Wave Power Device". ScottishPowerRenewables.com (Press release). 29 March 2010. Retrieved 20 December 2014.
  8. ↑ "Energy pairing on crest of a wave". news.bbc.co.uk. 16 December 2009.
  9. ↑ "PWP Celebrates Outcome of Crown Estate Leasing Round". pelamiswave.com (Press release). 16 March 2010. Retrieved 20 December 2014.
  10. ↑ "Pelamis Wave Power Moves to Operational Phase of Business". Ocean Power Magazine. Retrieved 10 July 2011.
  11. ↑ Reynolds, Rory (16 May 2011). "Scots wave power firm to axe third of its jobs". Scotland on Sunday. Retrieved 23 July 2011.
  12. ↑ "Wave power firm Pelamis calls in administrators". BBC News. 21 November 2014. Retrieved 21 November 2014.
  13. ↑ "Jobs go after no buyer found for Pelamis wave business". BBC News. 20 December 2014. Retrieved 20 December 2014.
  14. ↑ Ewan MacAskill (2016-10-10). The Guardian https://www.theguardian.com/world/2016/oct/10/mysterious-factory-break-in-raises-suspicions-about-chinese-visit. Retrieved 2016-10-17. Missing or empty |title= (help)
  15. 1 2 "Scottish Renewables: Scottish Renewbles Green Energy Award Winners, 2011". Retrieved 29 March 2012.
  16. ↑ "Top 10: The hottest clean technology companies in Europe". The Guardian. London. 18 September 2008.
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