THE GLOBAL INDUSTRY PICTURE
The in-stream hydrokinetic industry is just now beginning to move into major commercial applications. In the fall of 2016, commercial turbines were put into sites in Northern Scotland, France and the FORCE Site in Nova Scotia. There are over 1600 MW of developments in permitting stages in the UK and Ireland and the French Government announced in March, 2017 that they plan to publicly tender 2000 MW’s of tidal by 2023. There is less in terms of large developments permitted for rivers at this point.
Some technology developments started as far back as 25 years ago; therefore, it has been a slow growing business. This is largely due to the difficulty of placing large, wired devices down in dirty salt water that is constantly moving. It is only more recently that some technology developers have decided to find a way to harvest this energy from floating pontoon-type devices. This has been Jupiter’s focus from the beginning and, because of our simplicity, we are in the process of proving we are the most cost effective technology in the world. The UK Government recently dropped the support for tidal from 305 Pounds/MWh to 105 Pounds/MWh. This has been a big shock for the Industry. In some situations, it will drive technology developers out of business, and in other situations, it will make developers look much harder for a cost effective technology that can make a profit at 105 Pounds/MWh. This plays right into the hands of Jupiter Hydro as we believe we can make a good profit at these levels. After Jupiter proves it’s technology commercially, it will be in high demand because, clearly, the simplest and most cost effective technology will be the one most used.
Jupiter’s technology is perfectly adaptable to rivers, canals and ocean currents as well.
Key competitive advantages are:
1) Jupiter’s planned technology is simpler than other technologies and more adaptable in that it can be expanded in LEGO-Like fashion as explained on the Home page.
2) The Jupiter technology is less prone to damage from debris than any other technology simply because most debris rolls right on through the screw along with the water flow. This is vital in river applications. Also, the nature of the screw turbine is far more robust than bladed turbines.
3) The fastest flowing water in any tidal or river flow is at or very close to the surface. This is where the Jupiter technology captures the flow. As an example, at the FORCE tidal test site in the Bay of Fundy, a turbine placed on the sea floor will make less power than the same turbine positioned on or near the surface. Therefore, a Jupiter turbine is not only less costly to deploy when comparing the same area of turbine as a competitor, it will produce more power.
4) The cost to maintain the Jupiter technology is a small fraction of the bottom mounted technologies. We can service our units with a small boat; whereas, the bottom technologies require a large ship which costs up to $6000 per hour to operate.
5) The Jupiter technology utilizes concrete pontoons with non-ferrous rebar and, as such, they will last up to 40 years without any need to remove them from the water.
6) We transform the power to grid ready power onboard our floating pontoon and; therefore, require no on shore infrastructure.
Please look at the Fundy FORCE website to see the technologies planned to be deployed in the Bay of Fundy. Please note that the Tocardo technology has gone bankrupt as has the OpenHydro technology. This opens the door for Jupiter with many different possibilities. The Nova Scotia Department of Energy wants to see technologies in all five berths at FORCE and it is very likely that the Jupiter technology will be the first functioning tidal technology deployed at FORCE in it’s nine year history and it could end up in more than one berth.
News, Reports and Documents:
Industry Website Links:
- Marine Renewables Canada
- Canadian Hydrokinetic Turbine Test Center
- International Renewable Energy Agency – IRENA
- Clean Energy Report
- Canadian Government ecoEnergy Program
NOTE ON OUR COMPETITORS:
We recently removed a great deal of information which was previously posted on this page about our competitors. Because, like Jupiter in it’s past, they are constantly evolving with their deployment concepts and it is hard for us to keep up to date on their latest concepts.
It should also be noted that some competitors like GE and Voith have walked away from the industry completely, Tocardo has gone into receivership as has OpenHydro.
In general, we believe we are conservatively less than 1/2 the cost of any of our main competitors because of the competitive advantages listed above and on the Home Page.
If anyone wishes to discuss details of how we compare with any particular competitor, please contact Ross Sinclaire at firstname.lastname@example.org or call Ross at 403-888-6543.