$15 million Port Fairy wave trial moves to power up

WORK on a proposed $15 million wave power trial project near Port Fairy is still sailing along, despite uncertainly about federal government funding for renewable energy.

BioPower Systems expects to have some components delivered to the test site by December and to start installation in early 2015, a year behind earlier estimates.

The hi-tech development will provide key data on the feasibility of using south-west Victorian ocean movement to generate electricity.

An update on the project will be outlined at a public meeting tonight at Port Fairy’s Victoria Hotel from 6pm.

BioPower Systems chief executive Dr Timothy Finnigan told The Standard final design was completed and fabrication would start soon.

“Several large components have already been manufactured,” he said.

“We expect some components will arrive in Port Fairy by the end of the year, with the bioWAVE itself scheduled for early next year.

“It may operate for between 12 and 21 months depending on installation and operating costs.”

A location four kilometres west of Port Fairy has been approved for the trial.

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