The relatively unexplored field of wave and tidal energy could open the door to a new type of clean energy and increase the world’s portfolio of marine-based renewable energy sources. On the Canary Islands, a Norwegian firm called Ocean Oasis is combating water supply issues by using wave energy to convert saline seawater into freshwater. This novel type of clean energy will help the Canary Island region, which has become incredibly reliant on seawater desalination, to produce emission-free freshwater.
Located off the West African coast, the Canary Islands have suffered severe water shortage issues amidst significant pressure on its natural water sources. As a result, seawater desalination has become key to the Islands’ freshwater acquisition strategies, allowing communities and businesses to continue consuming water without pressuring the archipelago’s dwindling resources. Using wave and tidal energy instead of fossil fuels such as coal or oil will allow the Canary Islands to eliminate carbon emissions and brine discharge from its water desalination processes.
In addition to the environmental benefits of adopting tidal energy over more traditional energy sources, the new tidal energy program will help the Canary Islands boost the production of freshwater without upping their energy consumption, ensuring a supply of affordable water to a region that has been wracked with major water shortage for the past several years.
Dubbed the Desalination for Environmental Sustainability And LIFE (DESALIFE) project, it will test Ocean Oasis’ tidal energy-powered desalination solution and use it to produce desalinated water buoys located in deep waters off the Gran Canaria coast.
Wave-induced motion powers membrane-based desalination technology within the buoys, allowing them to operate without drawing energy from the grid or producing carbon emissions. Ocean Oasis Co-Founder and CEO Kristine Bangstad Fredriksen says her firm believes that harnessing green energy like wave power could lead to a future where fresh water is abundant and accessible. The technology behind Ocean Oasis’ wave-powered desalinators draws on half a century of knowledge and experience in Norway’s offshore industry.
Fredriksen says the company’s project will show its emission-free water desalination technology at work in the Canary Islands as well as its potential to produce fresh water for other island nations and coastal areas that regularly deal with water scarcity issues. This technology could provide local access to fresh water at relatively low costs in regions that desperately need water access, demonstrating the transformative abilities of green energy when it is applied in innovative ways.
The consortium plans to begin fresh water production at its pre-commercial deep water buoys by mid-2026.
As different strategies like leveraging tidal energy and manufacturing electric vehicles such as those commercialized by Mullen Automotive Inc. (NASDAQ: MULN) are implemented, the confluence of these efforts could result in a faster attainment of net-zero goals around the globe.
NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN
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