MARKETS

The KPS technology is initially being developed for onshore and offshore applications.

Global Opportunity:

According to the Global Wind Energy Council, the installed capacity of conventional horizontal axis wind technology in 2014 globally was:

Onshore 369.6 GW

Offshore 8.7 GW

The Global Wind Energy Council is forecasting a global installed wind capacity of 2,672 GW by 2050.

The International Panel for Climate Change (IPCC) recent synthesis report suggests that 80% of the global energy supply should come from renewable sources by 2050 for climate stabilisation.

Floating Offshore Wind

Key advantages of the KPS floating 3MW systems are:

• The KPS philosophy results in a substantially lighter and lower cost offshore system than a Wind Turbine:
  • The KPS system can be deployed in water deeper than 60m where even greater cost savings will be realised
  • Loads are taken in tension, not bending, reducing the structural material requirements
  • The drive train is higher speed and lower torque. hence more cost-effective
  • The kites are higher in sky where there’s a more constant wind and a lower visual impact
  • Kites have a much lower overall system mass, with resulting lower foundation loads
  • The working components are at a lower height, thus they are easier to access reducing regular maintenance costs and risk to personnel
  • The whole system can be disconnected and towed back to shore for major maintenance
  • Common workboats can install the systems instead of special installation vessels necessary for conventional wind turbines
• The KPS offshore solution opens up global deep water markets that are as yet untouched by conventional offshore wind. For example Korea and Japan are amongst many new deep water market opportunities.
• The requirement for Government subsidies could be removed: The LCOE for the KPS offshore arrays are 50% lower than the best projections for conventional offshore wind turbines.
• The technology can be further scaled – ratings of 5MW plus will be achievable.

Onshore Wind

• The KPS onshore wind solution benefits as similar to the offshore approach:
  • Loads are taken in tension, not bending, reducing the structural material requirements
  • The drive train is higher speed and lower torque. hence more cost-effective
  • The kites are higher in sky where there’s a more constant wind and a lower visual impact
  • Kites have a much lower overall system mass, with resulting lower foundation loads
  • The working components are at a lower height, thus they are easier to access reducing regular maintenance costs and risk to personnel
  • The KPS system are highly portable, a 1MW system can be transported anywhere in the world in two containers and deployed in a day
  • The power generation system employs conventional technology, allowing local technicians to conduct maintenance
• The LCOE for the KPS onshore system is lower than conventional fossil fuel generation plant.
• The KPS onshore solution provides an affordable technology that can be deployed anywhere in the world for on and off grid applications.