18th June 2009

"What we are seeing here is the birth of a new industry that will provide tens of thousands of jobs and a technology and expertise that we can export around the world, as well as renewable energy to power Australia." Managing director of wave energy developer Carnegie Corporation, Michael Ottaviano, said studies at their plant in Western Australia showed there was mass potential for the industry to flourish.
He said Australia had several optimal sites for wave energy plants including Geraldton and Albany in WA, Port MacDonnell in South Australia, Phillip Island in Victoria and the southern and central coasts of New South Wales. "Australia has the largest and most consistent wave energy resource globally," Mr Ottaviano said. "At least 35 per cent of our current baseload power needs could be generated from the Southern Ocean."
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