HomeMy WebLinkAboutCalWave AEA Application Formal Approval
510-508-9897 | calwave.energy
1 Sapphire Ct, Hercules, CA 94547
01/18/2022
Attention:
Alaska Energy Authority
813 W Northern Lights Blvd, Anchorage, AK 99503
Subject:
CalWave Power Technologies – AEA Renewable Energy Fund FY2023 Grant Application
To Whom It May Concern:
I am writing to grant my formal approval, on behalf of CalWave Power Technologies, for the application
for grant funds in the amount of $207,500 from the Alaska Energy Authority’s Renewable Energy Fund
for FY2023.
CalWave looks forward to harnessing the vast and steady carbon-free power of ocean waves in Alaska,
and we believe that wave energy will play a key part in Alaska’s energy future. This is particularly true in
Southeast Alaska, and specifically in Yakutat, where energy costs are high and the wave resource is as
strong as about anywhere else in the world. With these grant funds, we plan to conduct feasibility studies
of the local wave conditions, ocean floor sediment composition, debris that may hinder the performance
of a device, and marine species and ecosystems that may be put at risk. Beyond these feasibility studies,
we look forward to completing a conceptual design of a system that could eventually satisfy a significant
portion of Yakutat’s power demand.
We look forward to further pursuing this project in order to bring the vast and steady carbon-free power
of ocean waves to Yakutat.
Sincerely,
Marcus Lehmann
CEO – CalWave Power Technologies