Archive for August, 2015

RME CEO Participates In The Sustainable Oceans Lab

August 24th, 2015

RME CEO Bill Staby is an invited participant at the Sustainable Oceans Lab (SOL) which is a year-long program that brings together leaders and change agents from diverse backgrounds who are active in the management and governance of oceans.
Mr. Staby commented; “As part of RME’s on-going commitment to maintaining a 360o view of the people and ecosystems our technologies may affect, we feel it is important to play an active role in the debate about how diverse stakeholders can work together to enhance the sustainable management of global marine resources.”
About the Sustainable Oceans Lab: The SOL is a program jointly convened by the Global Leadership Academy (commissioned by the German Federal Ministry for Economic Cooperation and Development, BMZ) and the Blue Solutions Initiative in collaboration with Reos Partners. The Sustainable Oceans Lab started in March 2015 in Berlin, Germany and includes 30 participants from civil society, government and business who are engaged in diverse multi-stakeholder initiatives in 14 countries. The SOL is built on the idea that just as scientific and technical labs address scientific and technical challenges, social labs are needed to address socio-economic and political challenges related to marine ecosystems.

RME Wins Two Grant Awards from the U.S. Department of Energy

August 10th, 2015

The U.S. Department of Energy (DOE) today awarded Resolute Marine Energy (RME) and its project partners Re Vision Consulting and the Virginia Polytechnic Institute and State University (Virginia Tech) funding to pursue two research & development projects. The awards were granted in response to proposals submitted by RME and its partners in response to the DOE’s “SPA 2” Funding Opportunity Announcement (FOA).

RME CEO Bill Staby commented, “With these awards the DOE has, once again, recognized RME’s leadership role in the U.S. marine renewable energy industry.” “Our ability to consistently win non-dilutive funding support from federal, state, regional and local funding sources is tangible evidence of the quality of our technology and the skills and experience of our engineering team.”

The first of the two grants continues work started during RME’s “SPA 1” project to investigate advanced control strategies for improving the energy conversion efficiency of RME’s SurgeWEC.TM “Our work with Re Vision and the University of Michigan during SPA 1 yielded some very impressive improvements,” Staby said, “and in SPA 2 the goal is to adapt and test these advanced control polices in real-world settings.”

The second of the two grants concerns the development and commercial application of a unique method for converting the bidirectional movements of SurgeWEC into unidirectional rotational motion suitable for driving a pump or motor. Staby commented; “this is a problem common to all wave energy technologies and Dr. Lei Zuo and his team at Virginia Tech may have hit upon a cost effective solution.”

Further details of the two grants can be found here