Update News May 2015

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The delivery of the Black and Veatch updated technical report has confirmed the remarkably low cost of energy based on all the tank testing previously carried out.

The time has come to move from the comprehensive tank test of scale models into the construction of ¼ size device to be tested at sea.

The technical review carried out by Black and Veatch and commissioned by the UK government’s Department of Energy and Climate Change has also confirmed that a shorter Anaconda unit, reducing manufacturing cost, will deliver a power output only slightly lower than the longer tube previously predicted.

Leading City of London accountants BDO have delivered the updated financial review in conjunction with Black and Veatch.

Currently work is taking place to evaluate manufacturing options and strategic partnerships that will allow this unique patented technology to be commercialised at the earliest opportunity.