Minesto selected to present at CleanEquity Monaco 2010
(Thomson Reuters ONE) - Minesto has been selected to present at CleanEquity Monaco 2010, the foremostevent for next generation clean and green technology. The conference takes placeMarch 4th and 5th at the Sporting d'Hiver, Monaco.Minesto, a Swedish and UK based company, develops new technology for electricitygeneration from slow water currents. This niche opens up entirely new areas forelectricity production from the seas. In the UK, the estimated power from tidesincreases from around 22 TWh to 40 TWh, which corresponds to 3.8 millionadditional households.The Deep Green device is a radically new principle for energy extraction fromthe ocean. It is the next generation of tidal power plant that can provideelectricity to a broad range of countries worldwide. The new technology willcontribute to a substantial increase of power from the tides with its ability toproduce energy from areas where other technologies are less efficient. The mainreason for this is the extended site areas available when looking at sites witha current velocity of 1.2-2.2m/s and depths between 60-120 meters. In the UK,Deep Green alone adds 18 TWh of electricity potential utilised from tides.In 2007 the technology was evaluated and taken up in the Marine EnergyAccelerator (MEA) program by The Carbon Trust in a bid to accelerate the move toa low carbon economy. Approximately 60 technologies have been evaluated; only 2have been accepted into the program. Carbon Trust is an independent company, setup by the UK Government in 2001 aiming to accelerate the commercialisation ofcost efficient marine energy technologies."The Minesto device is a key component in the Carbon Trust's strategy to developnovel devices which represent the next generation of marine renewable energy,"said Tom Delay, chief executive of the Carbon Trust.Minesto's technology originates from the wind department at SAAB Group inSweden. It was quickly determined that the concept was more suited for water,which is 832 times more dense than air. Since it was then beyond SAAB's corebusiness it was spun out and Minesto was formed in 2007. Today the company hasproven the concept and is now ready to commercialise the technology."To be selected to present at CleanEquity Monaco proves once again that Minestohave a revolutionary technology and the ability to commercialise it," saysAnders Jansson, CEO of Minesto.Anders Janssoninfo(at)minesto.com
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Datum: 29.01.2010 - 06:12 Uhr
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