The world is running increasingly short of freshwater. It is estimated that nearly 2/3rds of the entire world will be water scarce by the year 2030. Only 0.01% of all the water in the world is accessible without seawater desalination, however desalination is very energy intensive and is therefore a significant greenhouse gas emitter. A 500kL/day desalination plant emits the equivalent of nearly 1,000,000 tonnes of CO2 per year or an extra 220,000 cars on the road every year*.
Carnegie was the first wave energy company to generate both power and freshwater onshore as part of its Perth Wave Energy Project at Garden Island in Western Australia. The Australian Department of Defence is the offtaker for both the power and water produced to supply Australia’s largest naval base located on Garden Island.
In addition to supplying freshwater for the Perth Project, Carnegie has also signed an Agency Agreement with MAK Water Industrial Solutions (MAK Water) to act as the exclusive agent for MAK Water’s products in the South American market. This agreement creates a compelling business opportunity in water treatment and desalination in South America.