Mocean to commercialize wave power technology for ROV, AUV use
- Business & Finance
Wave energy firm Mocean Energy has set up a base in Aberdeen to commercialize its Seabase technology for use in the North Sea.
Mocean, a company which already secured £100,000 ($124,200) from Scottish Enterprise for the technical development of its Seabase solution and further £100,000 from the OGTC, said that it was seeking oil and gas partners to help bring their innovative technology to market.
The company’s managing director Cameron McNatt said: “Seabase is a wave energy machine small enough to fit in a shipping container yet robust enough to generate power in the harsh environment of the North Sea.
“Initially we see it being used to provide backup power to subsea equipment where, for example, an umbilical fails. Long term, Seabase will provide green power to future generations of field-resident ROVs and AUVs, reducing vessel costs, and emissions.”
The company added that a prototype of Seabase already completed tank testing in France.
“The oil and gas market has a clear ambition to decarbonize, and Aberdeen is a global hub for offshore engineering expertise. We are now in early discussion with partners who can help bring Seabase to market,” McNatt said.
The move to Aberdeen is being supported by the OGTC’s TechX program which is providing office space within their incubation center as part of TechX Plus.
Mocean Energy is one of a select group of firms which has benefited from the 16-week TechX accelerator program, designed to help innovative start-ups on the road to commercial success.
David Millar, Technology Accelerator director, stated: “This is what the TechX program is all about – Mocean Energy has just completed our 16-week accelerator program and it’s fantastic to see their progress in such a short period of time.
“Our industry is going through change, we’re reimagining the energy sector and creating a more sustainable future for the UK, and it’s technology like Mocean’s Seabase that will help take us there.”
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