Our Orca System







AEEA’s Orca Wave Energy System TM

(The Wave of the Future)


OUR SYSTEM & PROCESS

AEEA has developed and patented a system to produce synthetic gasoline from ocean wave energy while at sea.  It is a floating factory comprised of 64 large, interconnected, ocean certified barges and utilizes a unique adaptive fleet resonance control system to react to the length, amplitude, phase and direction of the waves. This maximizes energy recovery from both wind and swell waves.  We use the differential motion of the barges to produce hydraulic energy, which produces electricity via turbine driven generators.  The electricity is used to operate the fleet and the production equipment.  Caustic air scrubbers capture carbon dioxide from the air.  A three‐stage electrolizer and catalytic converter combines hydrogen from water with carbon dioxide to produce methanol, using a patented chemical process developed by Meyer Steinberg, a consultant to AEEA on this project.  The methanol is then run through a catalytic dehydrator to produce synthetic gasoline, diesel fuel, or jet fuel.  Two of the corner barges are designed to disconnect from the fleet and deliver the gasoline to port and return with fresh water for the production barges.

OUR OPERATIONAL ADVANTAGE

The Orca Wave Energy SystemTM is totally renewable and totally domestic, since our production calculations are based on data from locations on the outer continental shelves off both our Atlantic and Pacific coasts, including Alaska & Hawaii.  Those locations are where the wave energy is the highest and the system does not provide a visual or physical obstruction.  Renewable energy systems often run into the NIMBY resistance because they detract from the aesthetic beauty of the landscape or shoreline.  Our system would also operate 24 hours a day.

OUR ENVIRONMENTAL ADVANTAGE

The Orca Wave Energy SystemTM is very green, hence the designation ORCA for oxygen releasing and carbon absorbing.  Every gallon of synthetic gasoline produced by our system releases 19.4 pounds of oxygen and removes 17.7 pounds of carbon dioxide from the air, essentially reversing the negative impacts of gasoline engines.   An acre of farmland growing soybeans will yield ethanol equal to 40 gallons of gasoline each year.  Our Orca system produces 250,000 gallons of gasoline per acre of ocean surface each year without displacing crops, forest or pasture land.  Our system also removes 125 times the carbon dioxide absorbed by a one acre crop.

OUR SAFETY ADVANTAGE

Being large, flexible, low profile, free floating and in the open ocean, the AEEA system would survive a tsunami, earthquake, or hurricane much better than either ships or energy systems located on land or in shallow water with fixed mountings.

OUR EQUIPMENT FLEXIBILITY

We have a renewable energy process with a demand that will only increase over time.  We also have the flexibility to revise our output in response to technology as it matures.  Our process goes from wave energy to electricity to hydrogen to methanol to gasoline, diesel fuel, and jet fuel.  As society moves to cleaner and greener forms of fuel such as M85, pure methanol, fuel cells, hydrogen or stored electricity we will be ready.  Our system is, therefore, able to provide a smooth transition to the future by supporting current, transitional, and future energy methodologies.

OUR RETURN-ON-INVESTMENT

We estimate that each fleet of 64 barges would produce approximately five million gallons of gasoline per year.  If the equipment were financed, an investment of $25 million would be enough establish the first fleet and provide seed capital for expansion.  Without any subsidy or preferential pricing, it would make a profit of $1.37 per gallon or a 27% return‐on‐investment (ROI).  Without any further investment, the reinvestment of earnings would grow the operation from 1 fleet to 47 within 12 years and produce an annual profit of $362 million.  If the equipment were not financed, the initial investment would be $150 million and produce a 10% 1st year ROI.  By reinvesting profits and adding capital, there would be 24 fleets in operation in the 12th year.  At that point annual earnings would be $419 million or a 16% ROI on a total investment of $2.6 billion with $4.1 billion in assets and no debt.

OUR ECONOMIC IMPACT

The first impact would be to reduce the outflow of money now expended to secure and import foreign oil.  The second would be to stem the rising cost of gasoline to the end consumer.  The third would be to avoid costly environmental remediation, litigation and delays.  The fourth would be to create new jobs to build, equip and operate the barge fleets.  We could also greatly reduce the fuel costs of our land, air and naval forces in addition to enhancing their global operations capability.  We see the transition to our system to be gradual, first providing for increasing demand and then replacing worn out equipment and spent wells.  However, we could eventually become the primary source for the estimated 135 billion gallons of gasoline used in the United States each year using an ocean surface area equivalent to only a 29x29 mile square.

OUR HISTORY

For the last seven years we have been developing and improving our system.  In June of 2012 a permanent patent was issued (8193651) protecting our intellectual property rights for the Orca Wave Energy SystemTM.  Since our process cuts across disciplines and leaps beyond current research, our physical testing has been done with scale models and electronic sensors.    We have presented at both electrical and chemical engineering conferences with articles included in their publications.

OUR OBJECTIVE

We are trying to secure private or public sponsorship to further test our system and to get national recognition for our methodology.  We would also consider the sale, or licensing, of our intellectual property rights to a firm or entity who could implement, or insure the implementation of our system.  We are like the Wright Brothers trying to build a Boeing 787 in our bicycle shop with our own funds.  For a more detailed non-technical description read our ORCA Synthetic Fuels article.