AOEG is establishing the world’s first Integrated Ocean Energy Marketplace (“Marketplace”) in Albany, WA.
When developed, the Marketplace will ‘mirror’ a commercial, integrated ocean energy system that generates and sells electricity to its customer. By seeing diverse renewable technologies working together, AOEG anticipates markets will witness the advantages of developing integrated energy systems and will be motivated to pursue development for themselves.
Key objectives of the IOEM are:
- Serve as a catalyst for commercial project development planning, including permits and consent processes.
- Serve as Australia’s ocean energy centre of excellence and trusted ‘operational advisor’.
- Build community and stakeholder support, reliant on local commerce.
- Build support for the development and promotion of the ocean energy sector, including government policy input and public relations.