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SSAB and CorPower Ocean to collaborate on fossil-free steel for wave energy technology

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Steel company, SSAB, and wave energy developer, CorPower Ocean, have signed an agreement to explore the development of one of the world’s first wave energy power plants made using fossil-free steel.

CorPower Ocean will use the fossil-free steel delivered by SSAB as a structural material to build a wave energy system with significantly lower carbon emissions than what is currently on the market. The goal is to start integrating the fossil-free steel in CorPower Ocean’s commercial products from 2026.

CorPower Ocean makes products that harness ocean waves to generate clean energy, and recently deployed its first commercial scale device off the coast of northern Portugal. Currently around 25% of these products’ lifetime carbon dioxide emissions comes from the use of steel as a material in the products.

The deal marks a new step for wave electricity plants where greater emphasis is placed on the full lifecycle of energy generating systems, including the sourcing and recycling of structural materials.

“We have supported CorPower Ocean for almost 10 years with the selection and specialist design of high-strength steel for its constantly evolving wave energy technology. Now, we are hugely excited for the next chapter of this long-term partnership, delivering fossil-free steel to ensure CorPower Ocean’s commercial product is delivered with the lowest carbon footprint possible,” said Thomas Hörnfeldt, Vice President Sustainable Business at SSAB.

“One of our core company mantras is to deliver the most environmentally friendly electricity on our planet. With our work with SSAB and fossil-free steel we aim to lead the way within the renewable sector by transparent reporting and continuous reduction of lifecycle emissions,” added CorPower Ocean Head of Business Development, Anders Jansson.

Partly by using SSAB’s high-strength steel, CorPower Ocean’s technology already delivers more than five times as much electricity per tonne of equipment compared with previous state-of-the-art wave energy systems. Now the introduction of SSAB’s fossil-free steel will further support CorPower Ocean’s commitment to environmentally friendly electricity production.

Wave energy can play a crucial role delivering 24/7 clean energy, matching supply with demand for every hour of every day, year-round. One of the largest untapped sources of clean energy available, wave energy has 500 GW of harnessable potential – more than the total global nuclear resource in the world today.

 

 

For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

Energy Global's Autumn 2023 issue

The Autumn 2023 issue of Energy Global hosts an array of technical articles focusing on green hydrogen, wind installation technology, blade monitoring solutions, and more. This issue also features a regional report looking at some key renewables projects in Australia.

Read the article online at: https://www.energyglobal.com/other-renewables/30102023/ssab-and-corpower-ocean-to-collaborate-on-fossil-free-steel-for-wave-energy-technology/

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