{"version":"1.0.0","segments":[{"speaker":"Jan Skjoldhammer","startTime":3.606,"endTime":6.633,"body":"The potential"},{"speaker":"Jan Skjoldhammer","startTime":3.606,"endTime":6.633,"body":"is huge and I believe it is, is"},{"speaker":"Jan Skjoldhammer","startTime":6.663,"endTime":11.963,"body":"potentially then larger than offshore"},{"speaker":"Jan Skjoldhammer","startTime":6.663,"endTime":11.963,"body":"wind because offshore wind has twice"},{"speaker":"Jan Skjoldhammer","startTime":12.073,"endTime":15.593,"body":"the weight per kilowatt hour than"},{"speaker":"Jan Skjoldhammer","startTime":12.073,"endTime":15.593,"body":"we have, twice the number of parts."},{"speaker":"Jan Skjoldhammer","startTime":16.618,"endTime":21.308,"body":"And it's twice the area and we are,"},{"speaker":"Jan Skjoldhammer","startTime":16.618,"endTime":21.308,"body":"let's say we are three times more stable,"},{"speaker":"Jan Skjoldhammer","startTime":21.808,"endTime":27.903,"body":"but then again, if you combine them,"},{"speaker":"Jan Skjoldhammer","startTime":21.808,"endTime":27.903,"body":"the wind power, and the wave power, the"},{"speaker":"Jan Skjoldhammer","startTime":27.913,"endTime":33.603,"body":"base load is up to five times higher"},{"speaker":"Jan Skjoldhammer","startTime":27.913,"endTime":33.603,"body":"than just having wind power by itself"},{"speaker":"Tom Raftery","startTime":33.859,"endTime":35.959,"body":"Good morning, good"},{"speaker":"Tom Raftery","startTime":33.859,"endTime":35.959,"body":"afternoon, or good evening,"},{"speaker":"Tom Raftery","startTime":35.959,"endTime":37.489,"body":"wherever you are in the world."},{"speaker":"Tom Raftery","startTime":37.789,"endTime":39.919,"body":"This is the Climate Confident podcast."},{"speaker":"Tom Raftery","startTime":40.159,"endTime":43.789,"body":"The number one podcast, showcasing"},{"speaker":"Tom Raftery","startTime":40.159,"endTime":43.789,"body":"best practices in climate"},{"speaker":"Tom Raftery","startTime":43.789,"endTime":45.469,"body":"emission, reductions and removals."},{"speaker":"Tom Raftery","startTime":45.859,"endTime":47.749,"body":"And I'm your host, Tom Raftery."},{"speaker":"Tom Raftery","startTime":47.958,"endTime":51.738,"body":"Don't forget to click follow on this"},{"speaker":"Tom Raftery","startTime":47.958,"endTime":51.738,"body":"podcast in your podcast app of choice,"},{"speaker":"Tom Raftery","startTime":51.858,"endTime":54.258,"body":"to be sure you don't miss any episodes."},{"speaker":"Tom Raftery","startTime":54.906,"endTime":55.376,"body":"Hi, everyone."},{"speaker":"Tom Raftery","startTime":55.396,"endTime":58.546,"body":"Welcome to episode 133 of the"},{"speaker":"Tom Raftery","startTime":55.396,"endTime":58.546,"body":"Climate Confident podcast."},{"speaker":"Tom Raftery","startTime":59.036,"endTime":62.816,"body":"My name is Tom Raftery and before"},{"speaker":"Tom Raftery","startTime":59.036,"endTime":62.816,"body":"we start today's show I have a"},{"speaker":"Tom Raftery","startTime":62.816,"endTime":64.096,"body":"couple of quick announcements."},{"speaker":"Tom Raftery","startTime":64.706,"endTime":70.426,"body":"The first is I'm taking a couple"},{"speaker":"Tom Raftery","startTime":64.706,"endTime":70.426,"body":"of weeks break for vacation."},{"speaker":"Tom Raftery","startTime":70.896,"endTime":74.996,"body":"So no episode next week or the week after."},{"speaker":"Tom Raftery","startTime":74.996,"endTime":79.186,"body":"So that's no episode on the"},{"speaker":"Tom Raftery","startTime":74.996,"endTime":79.186,"body":"16th or the 23rd of August."},{"speaker":"Tom Raftery","startTime":79.536,"endTime":87.146,"body":"The next episode will go live on August"},{"speaker":"Tom Raftery","startTime":79.536,"endTime":87.146,"body":"30th, Wednesday, August 30th, 7 a."},{"speaker":"Tom Raftery","startTime":87.146,"endTime":87.166,"body":"m."},{"speaker":"Tom Raftery","startTime":87.166,"endTime":87.566,"body":"CEST."},{"speaker":"Tom Raftery","startTime":87.616,"endTime":89.086,"body":"So that's the first announcement."},{"speaker":"Tom Raftery","startTime":89.656,"endTime":94.516,"body":"The second announcement is we have"},{"speaker":"Tom Raftery","startTime":89.656,"endTime":94.516,"body":"a new supporter of the podcast."},{"speaker":"Tom Raftery","startTime":94.646,"endTime":98.646,"body":"William Brent stepped up and became"},{"speaker":"Tom Raftery","startTime":94.646,"endTime":98.646,"body":"a supporter a couple of days ago."},{"speaker":"Tom Raftery","startTime":98.646,"endTime":100.276,"body":"So thank you very much for that, William."},{"speaker":"Tom Raftery","startTime":100.646,"endTime":103.706,"body":"You might remember William was on"},{"speaker":"Tom Raftery","startTime":100.646,"endTime":103.706,"body":"the podcast as a guest a couple"},{"speaker":"Tom Raftery","startTime":103.706,"endTime":106.381,"body":"of weeks back, four or five weeks"},{"speaker":"Tom Raftery","startTime":103.706,"endTime":106.381,"body":"back at this point, I gotta say."},{"speaker":"Tom Raftery","startTime":106.891,"endTime":112.076,"body":"He's the, CMO of Husk Energy and"},{"speaker":"Tom Raftery","startTime":106.891,"endTime":112.076,"body":"they're empowering communities in"},{"speaker":"Tom Raftery","startTime":112.106,"endTime":117.936,"body":"India and Africa with renewable energy"},{"speaker":"Tom Raftery","startTime":112.106,"endTime":117.936,"body":"and storage microgrids essentially"},{"speaker":"Tom Raftery","startTime":117.936,"endTime":122.736,"body":"to bring energy to communities that"},{"speaker":"Tom Raftery","startTime":117.936,"endTime":122.736,"body":"so far are without electricity."},{"speaker":"Tom Raftery","startTime":122.736,"endTime":124.486,"body":"So, thanks again for that William."},{"speaker":"Tom Raftery","startTime":125.556,"endTime":128.916,"body":"If you're not already a supporter, I'd"},{"speaker":"Tom Raftery","startTime":125.556,"endTime":128.916,"body":"like to encourage you to consider joining"},{"speaker":"Tom Raftery","startTime":128.916,"endTime":132.426,"body":"our community of like minded individuals"},{"speaker":"Tom Raftery","startTime":128.916,"endTime":132.426,"body":"who are passionate about climate."},{"speaker":"Tom Raftery","startTime":133.261,"endTime":136.921,"body":"Supporting the podcast is easy and"},{"speaker":"Tom Raftery","startTime":133.261,"endTime":136.921,"body":"affordable with options starting"},{"speaker":"Tom Raftery","startTime":136.921,"endTime":138.541,"body":"as low as just three euros."},{"speaker":"Tom Raftery","startTime":139.081,"endTime":141.761,"body":"That's less than the cost of a"},{"speaker":"Tom Raftery","startTime":139.081,"endTime":141.761,"body":"cup of coffee and your support"},{"speaker":"Tom Raftery","startTime":141.781,"endTime":144.571,"body":"will make a huge difference in"},{"speaker":"Tom Raftery","startTime":141.781,"endTime":144.571,"body":"keeping this show going strong."},{"speaker":"Tom Raftery","startTime":145.651,"endTime":149.631,"body":"To become a supporter simply click on"},{"speaker":"Tom Raftery","startTime":145.651,"endTime":149.631,"body":"the support link in the show notes of"},{"speaker":"Tom Raftery","startTime":149.631,"endTime":153.371,"body":"this or any episode or visit tinyurl."},{"speaker":"Tom Raftery","startTime":153.381,"endTime":159.876,"body":"com slash climate pod Now, without"},{"speaker":"Tom Raftery","startTime":153.381,"endTime":159.876,"body":"further ado, with me on the show"},{"speaker":"Tom Raftery","startTime":159.876,"endTime":161.816,"body":"today, I have my special guest Jan."},{"speaker":"Tom Raftery","startTime":162.386,"endTime":163.986,"body":"Jan, welcome to the podcast."},{"speaker":"Tom Raftery","startTime":164.006,"endTime":165.486,"body":"Would you like to introduce yourself?"},{"speaker":"Jan Skjoldhammer","startTime":166.092,"endTime":166.982,"body":"Thank"},{"speaker":"Jan Skjoldhammer","startTime":166.092,"endTime":166.982,"body":"you very much, Tom."},{"speaker":"Jan Skjoldhammer","startTime":167.162,"endTime":168.752,"body":"Happy to be with you today."},{"speaker":"Jan Skjoldhammer","startTime":169.512,"endTime":173.012,"body":"Yes, I'm a Norwegian living in Sweden."},{"speaker":"Jan Skjoldhammer","startTime":173.622,"endTime":175.812,"body":"I have a background as an officer."},{"speaker":"Jan Skjoldhammer","startTime":176.312,"endTime":178.122,"body":"And economics degree as well."},{"speaker":"Jan Skjoldhammer","startTime":178.132,"endTime":182.412,"body":"And then I've been flying aircraft"},{"speaker":"Jan Skjoldhammer","startTime":178.132,"endTime":182.412,"body":"actually for 25 years last 22"},{"speaker":"Jan Skjoldhammer","startTime":182.412,"endTime":187.312,"body":"in SAS, also air show displays"},{"speaker":"Jan Skjoldhammer","startTime":182.412,"endTime":187.312,"body":"with bomber aircraft, et cetera."},{"speaker":"Jan Skjoldhammer","startTime":187.822,"endTime":192.372,"body":"And while I was flying, I made a large"},{"speaker":"Jan Skjoldhammer","startTime":187.822,"endTime":192.372,"body":"property deal, you may say, which"},{"speaker":"Jan Skjoldhammer","startTime":192.372,"endTime":197.432,"body":"gave me some liberty for some time, at"},{"speaker":"Jan Skjoldhammer","startTime":192.372,"endTime":197.432,"body":"least, and then I had to decide what"},{"speaker":"Jan Skjoldhammer","startTime":197.452,"endTime":199.492,"body":"do I now do for the next 15 years?"},{"speaker":"Jan Skjoldhammer","startTime":199.532,"endTime":203.662,"body":"Just keep on flying, which was"},{"speaker":"Jan Skjoldhammer","startTime":199.532,"endTime":203.662,"body":"comfortable, nice and fun in"},{"speaker":"Jan Skjoldhammer","startTime":203.662,"endTime":206.822,"body":"many ways with nice colleagues"},{"speaker":"Jan Skjoldhammer","startTime":203.662,"endTime":206.822,"body":"or do something more meaningful."},{"speaker":"Jan Skjoldhammer","startTime":207.172,"endTime":211.882,"body":"Well, in my drawer, I've had many"},{"speaker":"Jan Skjoldhammer","startTime":207.172,"endTime":211.882,"body":"patents ideas over the years and"},{"speaker":"Jan Skjoldhammer","startTime":211.882,"endTime":216.362,"body":"seeing time and time again, other"},{"speaker":"Jan Skjoldhammer","startTime":211.882,"endTime":216.362,"body":"people taking, let's say my ideas to"},{"speaker":"Jan Skjoldhammer","startTime":216.442,"endTime":221.422,"body":"the market 25 years later, slightly"},{"speaker":"Jan Skjoldhammer","startTime":216.442,"endTime":221.422,"body":"irritating, but I had one left there."},{"speaker":"Jan Skjoldhammer","startTime":221.422,"endTime":225.602,"body":"Or at least the better ones"},{"speaker":"Jan Skjoldhammer","startTime":221.422,"endTime":225.602,"body":"that was a wave power solution."},{"speaker":"Jan Skjoldhammer","startTime":226.317,"endTime":228.247,"body":"I drew it when I was 25 years old."},{"speaker":"Jan Skjoldhammer","startTime":229.137,"endTime":232.937,"body":"That's quite some years ago and"},{"speaker":"Jan Skjoldhammer","startTime":229.137,"endTime":232.937,"body":"I was thinking that, well, now"},{"speaker":"Jan Skjoldhammer","startTime":232.937,"endTime":236.777,"body":"we have the climate crisis going"},{"speaker":"Jan Skjoldhammer","startTime":232.937,"endTime":236.777,"body":"into an emergency and it would be"},{"speaker":"Jan Skjoldhammer","startTime":236.857,"endTime":238.067,"body":"nice to do something meaningful."},{"speaker":"Jan Skjoldhammer","startTime":238.747,"endTime":244.317,"body":"So after one year waiting for that back I"},{"speaker":"Jan Skjoldhammer","startTime":238.747,"endTime":244.317,"body":"quit SAS and, and basically said, now I'm"},{"speaker":"Jan Skjoldhammer","startTime":244.367,"endTime":249.797,"body":"going to save the climate crisis and live"},{"speaker":"Jan Skjoldhammer","startTime":244.367,"endTime":249.797,"body":"part of it with profitable wave power."},{"speaker":"Tom Raftery","startTime":250.977,"endTime":252.137,"body":"Nice, nice, nice."},{"speaker":"Tom Raftery","startTime":252.537,"endTime":257.437,"body":"And before we go any further on that,"},{"speaker":"Tom Raftery","startTime":252.537,"endTime":257.437,"body":"I should just mention for people who"},{"speaker":"Tom Raftery","startTime":257.457,"endTime":264.097,"body":"are watching this, if you're seeing my"},{"speaker":"Tom Raftery","startTime":257.457,"endTime":264.097,"body":"face looking a little weird, it's not"},{"speaker":"Tom Raftery","startTime":264.097,"endTime":266.727,"body":"that I got into a bar fight last night."},{"speaker":"Tom Raftery","startTime":266.767,"endTime":269.847,"body":"No, I had a minor surgery"},{"speaker":"Tom Raftery","startTime":266.767,"endTime":269.847,"body":"earlier this week."},{"speaker":"Tom Raftery","startTime":269.937,"endTime":272.687,"body":"And so, hence the"},{"speaker":"Tom Raftery","startTime":269.937,"endTime":272.687,"body":"bandage and the bruising."},{"speaker":"Tom Raftery","startTime":273.307,"endTime":278.447,"body":"And so, that out of the way, sorry Jan,"},{"speaker":"Tom Raftery","startTime":273.307,"endTime":278.447,"body":"we'll come back to your wave power idea."},{"speaker":"Tom Raftery","startTime":278.447,"endTime":285.237,"body":"So, tell me a little bit more about it,"},{"speaker":"Tom Raftery","startTime":278.447,"endTime":285.237,"body":"because wave power has been around for"},{"speaker":"Tom Raftery","startTime":285.287,"endTime":288.617,"body":"a while, but hasn't really taken off."},{"speaker":"Tom Raftery","startTime":288.927,"endTime":293.037,"body":"There are multiple challenges"},{"speaker":"Tom Raftery","startTime":288.927,"endTime":293.037,"body":"with wave power, not least..."},{"speaker":"Tom Raftery","startTime":293.637,"endTime":298.397,"body":"The fact that it's expensive and"},{"speaker":"Tom Raftery","startTime":293.637,"endTime":298.397,"body":"also the fact that the marine"},{"speaker":"Tom Raftery","startTime":298.397,"endTime":301.937,"body":"environment is notoriously unforgiving."},{"speaker":"Tom Raftery","startTime":302.487,"endTime":308.787,"body":"So how is your wave power"},{"speaker":"Tom Raftery","startTime":302.487,"endTime":308.787,"body":"solution different or is it?"},{"speaker":"Tom Raftery","startTime":308.967,"endTime":311.037,"body":"You know, how are you addressing"},{"speaker":"Tom Raftery","startTime":308.967,"endTime":311.037,"body":"those kind of challenges?"},{"speaker":"Jan Skjoldhammer","startTime":312.434,"endTime":316.164,"body":"Let's say start with the"},{"speaker":"Jan Skjoldhammer","startTime":312.434,"endTime":316.164,"body":"last question first, how it is different."},{"speaker":"Jan Skjoldhammer","startTime":317.354,"endTime":323.004,"body":"Basically, the lifting force is is"},{"speaker":"Jan Skjoldhammer","startTime":317.354,"endTime":323.004,"body":"four times higher than the second best."},{"speaker":"Jan Skjoldhammer","startTime":323.756,"endTime":325.966,"body":"Multiple times more than most other ones."},{"speaker":"Jan Skjoldhammer","startTime":326.576,"endTime":330.806,"body":"The output is well, officially it's"},{"speaker":"Jan Skjoldhammer","startTime":326.576,"endTime":330.806,"body":"500 kilowatt now on the webpage,"},{"speaker":"Jan Skjoldhammer","startTime":330.836,"endTime":334.706,"body":"but it's, it's tests have shown"},{"speaker":"Jan Skjoldhammer","startTime":330.836,"endTime":334.706,"body":"it's, it's coming up at least a 700"},{"speaker":"Jan Skjoldhammer","startTime":334.706,"endTime":339.016,"body":"kilowatt, which also is multiple"},{"speaker":"Jan Skjoldhammer","startTime":334.706,"endTime":339.016,"body":"times more than, than, other ones."},{"speaker":"Jan Skjoldhammer","startTime":339.776,"endTime":344.526,"body":"And then when you compare the weight"},{"speaker":"Jan Skjoldhammer","startTime":339.776,"endTime":344.526,"body":"to power ratio, we are exceptional."},{"speaker":"Jan Skjoldhammer","startTime":344.796,"endTime":348.666,"body":"Then add to that the number of parts,"},{"speaker":"Jan Skjoldhammer","startTime":344.796,"endTime":348.666,"body":"et cetera, et cetera, complexity."},{"speaker":"Jan Skjoldhammer","startTime":349.256,"endTime":350.126,"body":"We are quite different."},{"speaker":"Jan Skjoldhammer","startTime":350.426,"endTime":355.306,"body":"That was enough for the bragging, but"},{"speaker":"Jan Skjoldhammer","startTime":350.426,"endTime":355.306,"body":"then it comes into, there are two ways of"},{"speaker":"Jan Skjoldhammer","startTime":355.306,"endTime":357.536,"body":"extracting energy from, from wave power."},{"speaker":"Jan Skjoldhammer","startTime":357.556,"endTime":362.276,"body":"The waves, they, they have a circular"},{"speaker":"Jan Skjoldhammer","startTime":357.556,"endTime":362.276,"body":"motion in the water seen from the side."},{"speaker":"Jan Skjoldhammer","startTime":362.906,"endTime":364.626,"body":"And they also go up and"},{"speaker":"Jan Skjoldhammer","startTime":362.906,"endTime":364.626,"body":"down as we all know."},{"speaker":"Jan Skjoldhammer","startTime":364.786,"endTime":368.856,"body":"And you can extract by having"},{"speaker":"Jan Skjoldhammer","startTime":364.786,"endTime":368.856,"body":"something like a plate in the water."},{"speaker":"Jan Skjoldhammer","startTime":369.536,"endTime":375.506,"body":"Horizontal or vertical and then getting"},{"speaker":"Jan Skjoldhammer","startTime":369.536,"endTime":375.506,"body":"power from, let's say, reducing the"},{"speaker":"Jan Skjoldhammer","startTime":375.506,"endTime":378.766,"body":"speed of those particles, the weight"},{"speaker":"Jan Skjoldhammer","startTime":375.506,"endTime":378.766,"body":"of the particles by Newton's law."},{"speaker":"Jan Skjoldhammer","startTime":379.536,"endTime":381.846,"body":"Or you can lock air underwater."},{"speaker":"Jan Skjoldhammer","startTime":382.646,"endTime":388.446,"body":"So when the wave is rising, you have"},{"speaker":"Jan Skjoldhammer","startTime":382.646,"endTime":388.446,"body":"a buoy of some sort standing still,"},{"speaker":"Jan Skjoldhammer","startTime":388.846,"endTime":390.716,"body":"then you lock energy underwater."},{"speaker":"Jan Skjoldhammer","startTime":391.006,"endTime":394.866,"body":"And once they go upwards, then you"},{"speaker":"Jan Skjoldhammer","startTime":391.006,"endTime":394.866,"body":"have it coming upwards and you have"},{"speaker":"Jan Skjoldhammer","startTime":394.866,"endTime":399.336,"body":"a mechanism that you know, converts"},{"speaker":"Jan Skjoldhammer","startTime":394.866,"endTime":399.336,"body":"that lifting force into energy."},{"speaker":"Jan Skjoldhammer","startTime":399.576,"endTime":401.556,"body":"And there are many"},{"speaker":"Jan Skjoldhammer","startTime":399.576,"endTime":401.556,"body":"solutions on both parts."},{"speaker":"Jan Skjoldhammer","startTime":402.126,"endTime":405.986,"body":"Interesting enough we have done"},{"speaker":"Jan Skjoldhammer","startTime":402.126,"endTime":405.986,"body":"quite heavy, let's say, simulations"},{"speaker":"Jan Skjoldhammer","startTime":406.286,"endTime":409.206,"body":"looking into both aspects just"},{"speaker":"Jan Skjoldhammer","startTime":406.286,"endTime":409.206,"body":"to, you know, compare them."},{"speaker":"Jan Skjoldhammer","startTime":409.916,"endTime":413.806,"body":"What we have found is that if you"},{"speaker":"Jan Skjoldhammer","startTime":409.916,"endTime":413.806,"body":"are going by the particles, Newton's"},{"speaker":"Jan Skjoldhammer","startTime":413.846,"endTime":422.276,"body":"law, you need 30 times the area in"},{"speaker":"Jan Skjoldhammer","startTime":413.846,"endTime":422.276,"body":"the water to equal the amount of"},{"speaker":"Jan Skjoldhammer","startTime":422.276,"endTime":426.776,"body":"power or size of the, of the unit"},{"speaker":"Jan Skjoldhammer","startTime":422.276,"endTime":426.776,"body":"needed when you use Archimedes."},{"speaker":"Jan Skjoldhammer","startTime":427.571,"endTime":432.311,"body":"And 60% of the solutions"},{"speaker":"Jan Skjoldhammer","startTime":427.571,"endTime":432.311,"body":"are on the Newton side."},{"speaker":"Jan Skjoldhammer","startTime":433.381,"endTime":437.761,"body":"So in our, you know, opinion, that"},{"speaker":"Jan Skjoldhammer","startTime":433.381,"endTime":437.761,"body":"is very, very difficult because,"},{"speaker":"Jan Skjoldhammer","startTime":437.761,"endTime":442.341,"body":"you know, material has weight, cost"},{"speaker":"Jan Skjoldhammer","startTime":437.761,"endTime":442.341,"body":"money and transportation deployment,"},{"speaker":"Jan Skjoldhammer","startTime":442.371,"endTime":445.891,"body":"everything is difficult when it's"},{"speaker":"Jan Skjoldhammer","startTime":442.371,"endTime":445.891,"body":"big and produces little power."},{"speaker":"Jan Skjoldhammer","startTime":446.401,"endTime":448.741,"body":"So we have to go by Archimedes."},{"speaker":"Jan Skjoldhammer","startTime":449.471,"endTime":452.301,"body":"And then most units are round bouys."},{"speaker":"Jan Skjoldhammer","startTime":452.871,"endTime":456.421,"body":"And the limit in size is normally"},{"speaker":"Jan Skjoldhammer","startTime":452.871,"endTime":456.421,"body":"from 8 to 12 meters due to the"},{"speaker":"Jan Skjoldhammer","startTime":456.431,"endTime":461.031,"body":"wavelength being in the summer"},{"speaker":"Jan Skjoldhammer","startTime":456.431,"endTime":461.031,"body":"seasons at least down to 30 meters."},{"speaker":"Jan Skjoldhammer","startTime":461.311,"endTime":463.851,"body":"If it is too large,"},{"speaker":"Jan Skjoldhammer","startTime":461.311,"endTime":463.851,"body":"you're cutting the waves."},{"speaker":"Jan Skjoldhammer","startTime":464.481,"endTime":469.331,"body":"So, if you have a round one, you"},{"speaker":"Jan Skjoldhammer","startTime":464.481,"endTime":469.331,"body":"can lift at most perhaps 150 tons of"},{"speaker":"Jan Skjoldhammer","startTime":469.331,"endTime":470.861,"body":"this size if it's down in the water."},{"speaker":"Jan Skjoldhammer","startTime":470.871,"endTime":475.851,"body":"In our case, it is rectangular because"},{"speaker":"Jan Skjoldhammer","startTime":470.871,"endTime":475.851,"body":"the waves are also mainly rectangular."},{"speaker":"Jan Skjoldhammer","startTime":475.911,"endTime":479.311,"body":"At least the largest swells coming in,"},{"speaker":"Jan Skjoldhammer","startTime":475.911,"endTime":479.311,"body":"you know, the ones that are created"},{"speaker":"Jan Skjoldhammer","startTime":479.321,"endTime":480.721,"body":"across the Atlantic, for instance."},{"speaker":"Jan Skjoldhammer","startTime":481.531,"endTime":486.861,"body":"So we are laying them with a 38 meter"},{"speaker":"Jan Skjoldhammer","startTime":481.531,"endTime":486.861,"body":"float times eight meters with the"},{"speaker":"Jan Skjoldhammer","startTime":487.241,"endTime":490.121,"body":"long sides towards the wave front."},{"speaker":"Jan Skjoldhammer","startTime":490.911,"endTime":493.261,"body":"And that way we can lift up to 600 tons."},{"speaker":"Jan Skjoldhammer","startTime":493.871,"endTime":497.311,"body":"And then just to continue"},{"speaker":"Jan Skjoldhammer","startTime":493.871,"endTime":497.311,"body":"slightly on that one, you can"},{"speaker":"Jan Skjoldhammer","startTime":497.501,"endTime":499.271,"body":"use Archimedes laws in two ways."},{"speaker":"Jan Skjoldhammer","startTime":499.931,"endTime":502.681,"body":"Either you are resonant, which"},{"speaker":"Jan Skjoldhammer","startTime":499.931,"endTime":502.681,"body":"is jumping up and down in the"},{"speaker":"Jan Skjoldhammer","startTime":502.681,"endTime":505.391,"body":"waves like a kid on a trampoline."},{"speaker":"Jan Skjoldhammer","startTime":505.771,"endTime":509.941,"body":"You're trying to make higher"},{"speaker":"Jan Skjoldhammer","startTime":505.771,"endTime":509.941,"body":"oscillations than the wave itself,"},{"speaker":"Jan Skjoldhammer","startTime":510.911,"endTime":512.761,"body":"or you can go non resonant."},{"speaker":"Jan Skjoldhammer","startTime":513.231,"endTime":518.441,"body":"That means you're going slowly"},{"speaker":"Jan Skjoldhammer","startTime":513.231,"endTime":518.441,"body":"upwards like a weightlifter, lifting"},{"speaker":"Jan Skjoldhammer","startTime":518.441,"endTime":523.191,"body":"perhaps just half of the wave"},{"speaker":"Jan Skjoldhammer","startTime":518.441,"endTime":523.191,"body":"height, but with tremendous force."},{"speaker":"Jan Skjoldhammer","startTime":523.581,"endTime":527.341,"body":"We're in the latter category"},{"speaker":"Jan Skjoldhammer","startTime":523.581,"endTime":527.341,"body":"and that has many advantages."},{"speaker":"Jan Skjoldhammer","startTime":527.551,"endTime":530.061,"body":"We can come back to that"},{"speaker":"Jan Skjoldhammer","startTime":527.551,"endTime":530.061,"body":"but, but basically, that are"},{"speaker":"Jan Skjoldhammer","startTime":530.061,"endTime":531.551,"body":"the principles in use today."},{"speaker":"Tom Raftery","startTime":532.821,"endTime":533.271,"body":"Okay."},{"speaker":"Tom Raftery","startTime":533.771,"endTime":537.186,"body":"So, Tell me a little"},{"speaker":"Tom Raftery","startTime":533.771,"endTime":537.186,"body":"more about your solution."},{"speaker":"Tom Raftery","startTime":537.196,"endTime":541.886,"body":"How are you actually generating"},{"speaker":"Tom Raftery","startTime":537.196,"endTime":541.886,"body":"power from the wave motion?"},{"speaker":"Jan Skjoldhammer","startTime":543.466,"endTime":547.986,"body":"Yes, we have"},{"speaker":"Jan Skjoldhammer","startTime":543.466,"endTime":547.986,"body":"stolen, or borrowed, the hydropower"},{"speaker":"Jan Skjoldhammer","startTime":547.986,"endTime":549.726,"body":"plant, which is up in the mountains."},{"speaker":"Jan Skjoldhammer","startTime":549.726,"endTime":553.376,"body":"You know, there you have a dam, and"},{"speaker":"Jan Skjoldhammer","startTime":549.726,"endTime":553.376,"body":"you have a tube going down, perhaps 500"},{"speaker":"Jan Skjoldhammer","startTime":553.376,"endTime":555.616,"body":"meters, causing 50 bars of pressure."},{"speaker":"Jan Skjoldhammer","startTime":556.306,"endTime":562.486,"body":"And that pressure is then converted"},{"speaker":"Jan Skjoldhammer","startTime":556.306,"endTime":562.486,"body":"into water hitting a hydropower"},{"speaker":"Jan Skjoldhammer","startTime":562.486,"endTime":566.446,"body":"plant, or a turbine with high"},{"speaker":"Jan Skjoldhammer","startTime":562.486,"endTime":566.446,"body":"speed, normally a Pelton turbine."},{"speaker":"Jan Skjoldhammer","startTime":567.236,"endTime":569.636,"body":"And that spins around"},{"speaker":"Jan Skjoldhammer","startTime":567.236,"endTime":569.636,"body":"quickly with high energy."},{"speaker":"Jan Skjoldhammer","startTime":570.096,"endTime":573.816,"body":"And on the same axis is a"},{"speaker":"Jan Skjoldhammer","startTime":570.096,"endTime":573.816,"body":"generator, which creates energy"},{"speaker":"Jan Skjoldhammer","startTime":573.816,"endTime":575.296,"body":"then and goes out to the grid."},{"speaker":"Jan Skjoldhammer","startTime":575.996,"endTime":578.176,"body":"So we have the same"},{"speaker":"Jan Skjoldhammer","startTime":575.996,"endTime":578.176,"body":"system, just upside down."},{"speaker":"Jan Skjoldhammer","startTime":578.636,"endTime":584.486,"body":"So what we do is that when we are in"},{"speaker":"Jan Skjoldhammer","startTime":578.636,"endTime":584.486,"body":"the lowest in the, in the wave, we lock"},{"speaker":"Jan Skjoldhammer","startTime":584.486,"endTime":586.606,"body":"the system, it cannot move upwards."},{"speaker":"Jan Skjoldhammer","startTime":587.206,"endTime":590.486,"body":"And they have a hydraulic"},{"speaker":"Jan Skjoldhammer","startTime":587.206,"endTime":590.486,"body":"cylinder going below the float."},{"speaker":"Jan Skjoldhammer","startTime":591.566,"endTime":595.046,"body":"With the piston rod going down"},{"speaker":"Jan Skjoldhammer","startTime":591.566,"endTime":595.046,"body":"to the seafloor, also with a"},{"speaker":"Jan Skjoldhammer","startTime":595.046,"endTime":596.566,"body":"wire on the, on the end there."},{"speaker":"Jan Skjoldhammer","startTime":597.826,"endTime":602.496,"body":"And when we have the pressure we need,"},{"speaker":"Jan Skjoldhammer","startTime":597.826,"endTime":602.496,"body":"this water filled cylinder presses"},{"speaker":"Jan Skjoldhammer","startTime":602.496,"endTime":608.656,"body":"the same 50 bars of pressure upwards"},{"speaker":"Jan Skjoldhammer","startTime":602.496,"endTime":608.656,"body":"to the same Pelton turbine, the same"},{"speaker":"Jan Skjoldhammer","startTime":608.656,"endTime":615.302,"body":"generator, and create energy, which"},{"speaker":"Jan Skjoldhammer","startTime":608.656,"endTime":615.302,"body":"goes then via seafloor cable into land."},{"speaker":"Jan Skjoldhammer","startTime":616.392,"endTime":619.522,"body":"So it's just a hydropower"},{"speaker":"Jan Skjoldhammer","startTime":616.392,"endTime":619.522,"body":"plant, coupled to a hydraulic"},{"speaker":"Jan Skjoldhammer","startTime":619.522,"endTime":621.042,"body":"cylinder, coupled to a float."},{"speaker":"Jan Skjoldhammer","startTime":621.232,"endTime":622.412,"body":"So there's three parts."},{"speaker":"Jan Skjoldhammer","startTime":622.992,"endTime":626.982,"body":"Very simple, few parts, light pipes"},{"speaker":"Jan Skjoldhammer","startTime":622.992,"endTime":626.982,"body":"which is then different from anyone else."},{"speaker":"Jan Skjoldhammer","startTime":627.222,"endTime":628.802,"body":"That's why we have this tremendous power."},{"speaker":"Jan Skjoldhammer","startTime":629.262,"endTime":630.612,"body":"And how much power does it give?"},{"speaker":"Jan Skjoldhammer","startTime":631.342,"endTime":635.122,"body":"As I said, the lifting force is"},{"speaker":"Jan Skjoldhammer","startTime":631.342,"endTime":635.122,"body":"600 tons in waves over 45 meters."},{"speaker":"Jan Skjoldhammer","startTime":635.532,"endTime":640.342,"body":"Normally, of course, less because waves"},{"speaker":"Jan Skjoldhammer","startTime":635.532,"endTime":640.342,"body":"are anything from 1 to 4 meters normally,"},{"speaker":"Jan Skjoldhammer","startTime":640.352,"endTime":643.132,"body":"depending on summer, winter, and location."},{"speaker":"Jan Skjoldhammer","startTime":643.692,"endTime":648.282,"body":"But there's a, there's a, in higher"},{"speaker":"Jan Skjoldhammer","startTime":643.692,"endTime":648.282,"body":"wave, you are hitting that turbine"},{"speaker":"Jan Skjoldhammer","startTime":648.682,"endTime":653.682,"body":"with about 2,000 liters of water"},{"speaker":"Jan Skjoldhammer","startTime":648.682,"endTime":653.682,"body":"per second, two tons of water with"},{"speaker":"Jan Skjoldhammer","startTime":653.722,"endTime":655.152,"body":"up to 300 kilometers per hour."},{"speaker":"Jan Skjoldhammer","startTime":655.542,"endTime":660.872,"body":"Imagine taking your neighbor's car,"},{"speaker":"Jan Skjoldhammer","startTime":655.542,"endTime":660.872,"body":"crashing it into brick wall at 300"},{"speaker":"Jan Skjoldhammer","startTime":660.872,"endTime":662.852,"body":"kilometers per hour every second."},{"speaker":"Jan Skjoldhammer","startTime":663.172,"endTime":667.402,"body":"That is six megawatts of power"},{"speaker":"Jan Skjoldhammer","startTime":663.172,"endTime":667.402,"body":"lifting force in those seconds."},{"speaker":"Jan Skjoldhammer","startTime":667.832,"endTime":671.872,"body":"The average output in your or"},{"speaker":"Jan Skjoldhammer","startTime":667.832,"endTime":671.872,"body":"what we can do at most then is"},{"speaker":"Jan Skjoldhammer","startTime":672.232,"endTime":673.712,"body":"700 kilowatt in, in higher waves."},{"speaker":"Jan Skjoldhammer","startTime":673.742,"endTime":678.022,"body":"That's if you have continuous let's"},{"speaker":"Jan Skjoldhammer","startTime":673.742,"endTime":678.022,"body":"say four meter waves outside your, your"},{"speaker":"Jan Skjoldhammer","startTime":678.022,"endTime":679.922,"body":"original home country Tom, Ireland."},{"speaker":"Jan Skjoldhammer","startTime":680.552,"endTime":680.762,"body":"Yeah."},{"speaker":"Jan Skjoldhammer","startTime":680.832,"endTime":684.632,"body":"But of course then outside Spain,"},{"speaker":"Jan Skjoldhammer","startTime":680.832,"endTime":684.632,"body":"for instance you would average"},{"speaker":"Jan Skjoldhammer","startTime":684.762,"endTime":688.682,"body":"on the coast there perhaps"},{"speaker":"Jan Skjoldhammer","startTime":684.762,"endTime":688.682,"body":"250 to 300 kilowatts per year."},{"speaker":"Jan Skjoldhammer","startTime":689.032,"endTime":690.742,"body":"More in winter, less in summer."},{"speaker":"Tom Raftery","startTime":692.422,"endTime":698.502,"body":"Okay, so talk to me a little"},{"speaker":"Tom Raftery","startTime":692.422,"endTime":698.502,"body":"bit about geographical differences."},{"speaker":"Tom Raftery","startTime":726.052,"endTime":734.422,"body":"Where are good sites for wave farms"},{"speaker":"Tom Raftery","startTime":726.052,"endTime":734.422,"body":"and where are less good sites and why?"},{"speaker":"Jan Skjoldhammer","startTime":734.4920000000001,"endTime":737.912,"body":"Yes we're coming back"},{"speaker":"Jan Skjoldhammer","startTime":734.4920000000001,"endTime":737.912,"body":"slightly to how the winds are created."},{"speaker":"Jan Skjoldhammer","startTime":737.912,"endTime":740.7220000000001,"body":"They're created by rotation"},{"speaker":"Jan Skjoldhammer","startTime":737.912,"endTime":740.7220000000001,"body":"of the, of the earth."},{"speaker":"Jan Skjoldhammer","startTime":741.4970000000001,"endTime":746.7070000000001,"body":"And, and then the heating of air"},{"speaker":"Jan Skjoldhammer","startTime":741.4970000000001,"endTime":746.7070000000001,"body":"masses different over land and sea,"},{"speaker":"Jan Skjoldhammer","startTime":747.017,"endTime":748.6070000000001,"body":"and then low and high pressures."},{"speaker":"Jan Skjoldhammer","startTime":749.297,"endTime":753.1370000000001,"body":"So waves are created over time"},{"speaker":"Jan Skjoldhammer","startTime":749.297,"endTime":753.1370000000001,"body":"and distance going down from"},{"speaker":"Jan Skjoldhammer","startTime":753.167,"endTime":755.037,"body":"the west towards the east."},{"speaker":"Jan Skjoldhammer","startTime":755.177,"endTime":758.767,"body":"That's why you spend longer time"},{"speaker":"Jan Skjoldhammer","startTime":755.177,"endTime":758.767,"body":"flying an aircraft from Europe to"},{"speaker":"Jan Skjoldhammer","startTime":759.2070000000001,"endTime":761.787,"body":"New York than the other way around"},{"speaker":"Jan Skjoldhammer","startTime":759.2070000000001,"endTime":761.787,"body":"because you have tailwinds coming back."},{"speaker":"Jan Skjoldhammer","startTime":762.6020000000001,"endTime":766.932,"body":"And those tailwinds are creating waves"},{"speaker":"Jan Skjoldhammer","startTime":762.6020000000001,"endTime":766.932,"body":"over distance then, so on the west"},{"speaker":"Jan Skjoldhammer","startTime":766.9720000000001,"endTime":772.652,"body":"coast of the continents of Europe,"},{"speaker":"Jan Skjoldhammer","startTime":766.9720000000001,"endTime":772.652,"body":"Africa, and the American continent,"},{"speaker":"Jan Skjoldhammer","startTime":772.8620000000001,"endTime":777.532,"body":"plus Australia, New Zealand, Japan,"},{"speaker":"Jan Skjoldhammer","startTime":772.8620000000001,"endTime":777.532,"body":"Indonesia, for instance, you have strong"},{"speaker":"Jan Skjoldhammer","startTime":777.5920000000001,"endTime":779.452,"body":"westerly winds and waves coming in."},{"speaker":"Jan Skjoldhammer","startTime":779.8820000000001,"endTime":781.822,"body":"That's where you have"},{"speaker":"Jan Skjoldhammer","startTime":779.8820000000001,"endTime":781.822,"body":"the bang for the buck."},{"speaker":"Jan Skjoldhammer","startTime":782.552,"endTime":786.7420000000001,"body":"And then there's a belt around equator"},{"speaker":"Jan Skjoldhammer","startTime":782.552,"endTime":786.7420000000001,"body":"from about 20 north to 20 south,"},{"speaker":"Jan Skjoldhammer","startTime":787.792,"endTime":789.6120000000001,"body":"where there's less wave height."},{"speaker":"Jan Skjoldhammer","startTime":790.4970000000001,"endTime":794.5870000000001,"body":"The waves are, though, very, very long and"},{"speaker":"Jan Skjoldhammer","startTime":790.4970000000001,"endTime":794.5870000000001,"body":"nice, like swells, so it's possible to use"},{"speaker":"Jan Skjoldhammer","startTime":794.5870000000001,"endTime":796.417,"body":"them just with a larger float in our case."},{"speaker":"Jan Skjoldhammer","startTime":797.1070000000001,"endTime":801.3870000000001,"body":"But most wave power systems do not"},{"speaker":"Jan Skjoldhammer","startTime":797.1070000000001,"endTime":801.3870000000001,"body":"work well in those areas because they"},{"speaker":"Jan Skjoldhammer","startTime":801.3870000000001,"endTime":805.2270000000001,"body":"are resonant, they go up and down"},{"speaker":"Jan Skjoldhammer","startTime":801.3870000000001,"endTime":805.2270000000001,"body":"like a, like a trampoline system."},{"speaker":"Jan Skjoldhammer","startTime":805.827,"endTime":809.6370000000001,"body":"And then you have too long time"},{"speaker":"Jan Skjoldhammer","startTime":805.827,"endTime":809.6370000000001,"body":"distance between the waves."},{"speaker":"Jan Skjoldhammer","startTime":810.3770000000001,"endTime":817.0820000000001,"body":"And then you have more energy than"},{"speaker":"Jan Skjoldhammer","startTime":810.3770000000001,"endTime":817.0820000000001,"body":"from 20 north to about 60 North and"},{"speaker":"Jan Skjoldhammer","startTime":817.442,"endTime":819.142,"body":"the same on the Southern Hemisphere."},{"speaker":"Jan Skjoldhammer","startTime":819.402,"endTime":823.6120000000001,"body":"So in practical use them from"},{"speaker":"Jan Skjoldhammer","startTime":819.402,"endTime":823.6120000000001,"body":"Trondheim in Norway, all the way"},{"speaker":"Jan Skjoldhammer","startTime":823.6120000000001,"endTime":826.7620000000001,"body":"down to Mauritania, excellent waves."},{"speaker":"Jan Skjoldhammer","startTime":827.292,"endTime":830.412,"body":"Then you have Namibia and"},{"speaker":"Jan Skjoldhammer","startTime":827.292,"endTime":830.412,"body":"South Africa, excellent waves."},{"speaker":"Jan Skjoldhammer","startTime":830.9920000000001,"endTime":833.952,"body":"And then you have Alaska, Canada, U."},{"speaker":"Jan Skjoldhammer","startTime":833.952,"endTime":834.4620000000001,"body":"S."},{"speaker":"Jan Skjoldhammer","startTime":834.932,"endTime":838.892,"body":"basically, less of Mexico,"},{"speaker":"Jan Skjoldhammer","startTime":834.932,"endTime":838.892,"body":"and then it's Peru and Chile."},{"speaker":"Jan Skjoldhammer","startTime":839.7420000000001,"endTime":843.542,"body":"And then as I mentioned, the Asian"},{"speaker":"Jan Skjoldhammer","startTime":839.7420000000001,"endTime":843.542,"body":"countries Japan, New Zealand, Australia,"},{"speaker":"Jan Skjoldhammer","startTime":843.542,"endTime":845.952,"body":"and those, all those are excellent."},{"speaker":"Jan Skjoldhammer","startTime":846.302,"endTime":850.9820000000001,"body":"I think 13 of the 20 most"},{"speaker":"Jan Skjoldhammer","startTime":846.302,"endTime":850.9820000000001,"body":"polluting countries in the world"},{"speaker":"Jan Skjoldhammer","startTime":851.302,"endTime":852.692,"body":"have excellent wave conditions."},{"speaker":"Jan Skjoldhammer","startTime":852.9720000000001,"endTime":855.022,"body":"So we can make a huge difference that way."},{"speaker":"Tom Raftery","startTime":856.2320000000001,"endTime":858.902,"body":"And when you, when you say"},{"speaker":"Tom Raftery","startTime":856.2320000000001,"endTime":858.902,"body":"polluting, are you talking about carbon"},{"speaker":"Tom Raftery","startTime":858.902,"endTime":860.782,"body":"pollution or some other form of pollution?"},{"speaker":"Jan Skjoldhammer","startTime":861.152,"endTime":862.942,"body":"I was"},{"speaker":"Jan Skjoldhammer","startTime":861.152,"endTime":862.942,"body":"thinking carbon pollution, yes."},{"speaker":"Jan Skjoldhammer","startTime":863.2120000000001,"endTime":863.532,"body":"Okay."},{"speaker":"Jan Skjoldhammer","startTime":863.7120000000001,"endTime":863.8820000000001,"body":"Okay."},{"speaker":"Jan Skjoldhammer","startTime":864.1220000000001,"endTime":864.542,"body":"CO2."},{"speaker":"Jan Skjoldhammer","startTime":864.542,"endTime":864.8520000000001,"body":"Yeah."},{"speaker":"Jan Skjoldhammer","startTime":865.2220000000001,"endTime":865.392,"body":"Yeah."},{"speaker":"Tom Raftery","startTime":865.652,"endTime":866.292,"body":"Just to clarify."},{"speaker":"Tom Raftery","startTime":866.3520000000001,"endTime":866.652,"body":"Cool."},{"speaker":"Tom Raftery","startTime":866.682,"endTime":866.9820000000001,"body":"Great."},{"speaker":"Tom Raftery","startTime":867.9720000000001,"endTime":873.922,"body":"There's also the challenge with"},{"speaker":"Tom Raftery","startTime":867.9720000000001,"endTime":873.922,"body":"wave power that there's not a lot of"},{"speaker":"Tom Raftery","startTime":873.932,"endTime":879.5920000000001,"body":"people on the water trying to use the"},{"speaker":"Tom Raftery","startTime":873.932,"endTime":879.5920000000001,"body":"electricity that it would be generating."},{"speaker":"Tom Raftery","startTime":879.5920000000001,"endTime":884.3820000000001,"body":"So how are you moving the electricity"},{"speaker":"Tom Raftery","startTime":879.5920000000001,"endTime":884.3820000000001,"body":"from the wave farms to where"},{"speaker":"Tom Raftery","startTime":884.3820000000001,"endTime":885.8420000000001,"body":"the demand for electricity is?"},{"speaker":"Jan Skjoldhammer","startTime":887.6220000000001,"endTime":890.6020000000001,"body":"Yes, it's, it's"},{"speaker":"Jan Skjoldhammer","startTime":887.6220000000001,"endTime":890.6020000000001,"body":"basically the same as, as wind power."},{"speaker":"Jan Skjoldhammer","startTime":890.6120000000001,"endTime":894.0920000000001,"body":"You have floating offshore wind and"},{"speaker":"Jan Skjoldhammer","startTime":890.6120000000001,"endTime":894.0920000000001,"body":"you have fixed based offshore wind."},{"speaker":"Jan Skjoldhammer","startTime":894.5920000000001,"endTime":898.9720000000001,"body":"So let's say you have 20 or 50 units"},{"speaker":"Jan Skjoldhammer","startTime":894.5920000000001,"endTime":898.9720000000001,"body":"out there as an array it's called."},{"speaker":"Jan Skjoldhammer","startTime":899.822,"endTime":901.922,"body":"In our case, there's"},{"speaker":"Jan Skjoldhammer","startTime":899.822,"endTime":901.922,"body":"space 200 meters apart."},{"speaker":"Jan Skjoldhammer","startTime":902.4720000000001,"endTime":904.942,"body":"Wind power towers need to"},{"speaker":"Jan Skjoldhammer","startTime":902.4720000000001,"endTime":904.942,"body":"have one kilometer apart."},{"speaker":"Jan Skjoldhammer","startTime":905.572,"endTime":908.172,"body":"So get more energy per sea area"},{"speaker":"Jan Skjoldhammer","startTime":905.572,"endTime":908.172,"body":"than wind power, by the way."},{"speaker":"Jan Skjoldhammer","startTime":908.7220000000001,"endTime":912.9820000000001,"body":"But then you have all cables coming"},{"speaker":"Jan Skjoldhammer","startTime":908.7220000000001,"endTime":912.9820000000001,"body":"down to a subsea collection hub."},{"speaker":"Jan Skjoldhammer","startTime":914.192,"endTime":915.522,"body":"And these cables are dynamic."},{"speaker":"Jan Skjoldhammer","startTime":915.542,"endTime":919.2620000000001,"body":"They can move with the float up"},{"speaker":"Jan Skjoldhammer","startTime":915.542,"endTime":919.2620000000001,"body":"and down, exactly the same thing"},{"speaker":"Jan Skjoldhammer","startTime":919.2620000000001,"endTime":920.6020000000001,"body":"as with offshore floating wind."},{"speaker":"Jan Skjoldhammer","startTime":921.062,"endTime":925.072,"body":"And then you have a fixed stationary"},{"speaker":"Jan Skjoldhammer","startTime":921.062,"endTime":925.072,"body":"cable on, on the seafloor going into land."},{"speaker":"Jan Skjoldhammer","startTime":925.6320000000001,"endTime":926.8820000000001,"body":"But there's one big difference."},{"speaker":"Jan Skjoldhammer","startTime":927.7320000000001,"endTime":932.9820000000001,"body":"Wind power offshore will normally"},{"speaker":"Jan Skjoldhammer","startTime":927.7320000000001,"endTime":932.9820000000001,"body":"be located up to 50 kilometers"},{"speaker":"Jan Skjoldhammer","startTime":933.3320000000001,"endTime":938.0820000000001,"body":"offshore due to the, you know, they"},{"speaker":"Jan Skjoldhammer","startTime":933.3320000000001,"endTime":938.0820000000001,"body":"go high up in the air at 250 meters."},{"speaker":"Jan Skjoldhammer","startTime":938.4870000000001,"endTime":941.5970000000001,"body":"And they are making noise and"},{"speaker":"Jan Skjoldhammer","startTime":938.4870000000001,"endTime":941.5970000000001,"body":"disturbing, and no one wants to have"},{"speaker":"Jan Skjoldhammer","startTime":941.5970000000001,"endTime":944.527,"body":"them outside their own let's say, window."},{"speaker":"Jan Skjoldhammer","startTime":945.187,"endTime":948.2470000000001,"body":"It's fine with someone else's"},{"speaker":"Jan Skjoldhammer","startTime":945.187,"endTime":948.2470000000001,"body":"window, but not their own window."},{"speaker":"Jan Skjoldhammer","startTime":948.2470000000001,"endTime":949.4870000000001,"body":"So yeah, that's how it is."},{"speaker":"Jan Skjoldhammer","startTime":949.8670000000001,"endTime":951.1270000000001,"body":"But wave power."},{"speaker":"Jan Skjoldhammer","startTime":951.677,"endTime":955.4570000000001,"body":"The waves have full force coming"},{"speaker":"Jan Skjoldhammer","startTime":951.677,"endTime":955.4570000000001,"body":"into the coastline until they"},{"speaker":"Jan Skjoldhammer","startTime":955.4570000000001,"endTime":957.2170000000001,"body":"start hitting the,  the sea floor."},{"speaker":"Jan Skjoldhammer","startTime":957.657,"endTime":959.897,"body":"That is at a depth of about 30 meters."},{"speaker":"Jan Skjoldhammer","startTime":960.3470000000001,"endTime":964.557,"body":"So we can be located from 30"},{"speaker":"Jan Skjoldhammer","startTime":960.3470000000001,"endTime":964.557,"body":"meters to 200 meters depth."},{"speaker":"Jan Skjoldhammer","startTime":965.2170000000001,"endTime":967.277,"body":"Normally from 30 to 120 is more practical."},{"speaker":"Jan Skjoldhammer","startTime":967.687,"endTime":971.807,"body":"And that would normally be from anything"},{"speaker":"Jan Skjoldhammer","startTime":967.687,"endTime":971.807,"body":"from 500 meters to five kilometers out."},{"speaker":"Jan Skjoldhammer","startTime":972.3870000000001,"endTime":974.157,"body":"So we have much shorter cable."},{"speaker":"Jan Skjoldhammer","startTime":974.817,"endTime":979.787,"body":"Much shorter opex, the cost of, of"},{"speaker":"Jan Skjoldhammer","startTime":974.817,"endTime":979.787,"body":"maintaining the systems or operating them."},{"speaker":"Jan Skjoldhammer","startTime":980.407,"endTime":985.1370000000001,"body":"And then in addition they are hardly"},{"speaker":"Jan Skjoldhammer","startTime":980.407,"endTime":985.1370000000001,"body":"visible because they are much lower,"},{"speaker":"Jan Skjoldhammer","startTime":985.1370000000001,"endTime":988.937,"body":"of course, than wind power and then"},{"speaker":"Jan Skjoldhammer","startTime":985.1370000000001,"endTime":988.937,"body":"don't make any noise of significance."},{"speaker":"Jan Skjoldhammer","startTime":989.407,"endTime":991.2270000000001,"body":"So you're saving costs in that way."},{"speaker":"Jan Skjoldhammer","startTime":991.6270000000001,"endTime":993.2570000000001,"body":"And of course the cable is much shorter."},{"speaker":"Jan Skjoldhammer","startTime":993.577,"endTime":996.917,"body":"They can though be co located"},{"speaker":"Jan Skjoldhammer","startTime":993.577,"endTime":996.917,"body":"with the offshore wind power."},{"speaker":"Jan Skjoldhammer","startTime":997.3470000000001,"endTime":1000.6170000000001,"body":"So those listeners which are in"},{"speaker":"Jan Skjoldhammer","startTime":997.3470000000001,"endTime":1000.6170000000001,"body":"that segment happy to contact"},{"speaker":"Jan Skjoldhammer","startTime":1000.6170000000001,"endTime":1004.417,"body":"me and talk about co location of"},{"speaker":"Jan Skjoldhammer","startTime":1000.6170000000001,"endTime":1004.417,"body":"this, of the wind power plants."},{"speaker":"Jan Skjoldhammer","startTime":1004.8420000000001,"endTime":1009.942,"body":"We're then lowering the,  let's say"},{"speaker":"Jan Skjoldhammer","startTime":1004.8420000000001,"endTime":1009.942,"body":"crashing impact on the turrets because"},{"speaker":"Jan Skjoldhammer","startTime":1009.952,"endTime":1014.5020000000001,"body":"so, you know, we extract energy from the"},{"speaker":"Jan Skjoldhammer","startTime":1009.952,"endTime":1014.5020000000001,"body":"waves, they get lower and we can be in"},{"speaker":"Jan Skjoldhammer","startTime":1014.5020000000001,"endTime":1018.902,"body":"between the wind power turrets and more"},{"speaker":"Jan Skjoldhammer","startTime":1014.5020000000001,"endTime":1018.902,"body":"than double output from the same sea area."},{"speaker":"Jan Skjoldhammer","startTime":1019.4670000000001,"endTime":1023.407,"body":"So if you have a certain net cost"},{"speaker":"Jan Skjoldhammer","startTime":1019.4670000000001,"endTime":1023.407,"body":"for operational rent, of course,"},{"speaker":"Jan Skjoldhammer","startTime":1023.407,"endTime":1028.577,"body":"you can, let's say, divide or split"},{"speaker":"Jan Skjoldhammer","startTime":1023.407,"endTime":1028.577,"body":"that cost on, on, on more units."},{"speaker":"Jan Skjoldhammer","startTime":1028.577,"endTime":1036.737,"body":"So it's sensible to collocate"},{"speaker":"Jan Skjoldhammer","startTime":1028.577,"endTime":1036.737,"body":"them also because there is a lack"},{"speaker":"Jan Skjoldhammer","startTime":1036.737,"endTime":1039.047,"body":"of coastal sea area coming up in"},{"speaker":"Jan Skjoldhammer","startTime":1036.737,"endTime":1039.047,"body":"the future, so why not co-locate"},{"speaker":"Tom Raftery","startTime":1039.047,"endTime":1039.777,"body":"Sure, sure."},{"speaker":"Tom Raftery","startTime":1040.027,"endTime":1041.717,"body":"What about co locating with solar?"},{"speaker":"Tom Raftery","startTime":1041.717,"endTime":1045.637,"body":"Because I know there's a rise"},{"speaker":"Tom Raftery","startTime":1041.717,"endTime":1045.637,"body":"now in floating solar as well?"},{"speaker":"Jan Skjoldhammer","startTime":1046.857,"endTime":1048.287,"body":"Definitely needed."},{"speaker":"Jan Skjoldhammer","startTime":1048.557,"endTime":1052.467,"body":"We can co locate, but as you might"},{"speaker":"Jan Skjoldhammer","startTime":1048.557,"endTime":1052.467,"body":"have seen on, on some of your"},{"speaker":"Jan Skjoldhammer","startTime":1052.6770000000001,"endTime":1058.777,"body":"information, we have, well, since we"},{"speaker":"Jan Skjoldhammer","startTime":1052.6770000000001,"endTime":1058.777,"body":"now already have the float, we have"},{"speaker":"Jan Skjoldhammer","startTime":1058.777,"endTime":1062.357,"body":"the cable, we have the mooring lines,"},{"speaker":"Jan Skjoldhammer","startTime":1058.777,"endTime":1062.357,"body":"we have the communication system,"},{"speaker":"Jan Skjoldhammer","startTime":1062.367,"endTime":1063.997,"body":"like also solar power needs to have."},{"speaker":"Jan Skjoldhammer","startTime":1064.6770000000001,"endTime":1070.622,"body":"So we said, why not use our float"},{"speaker":"Jan Skjoldhammer","startTime":1064.6770000000001,"endTime":1070.622,"body":"as the base for solar panels?"},{"speaker":"Jan Skjoldhammer","startTime":1071.0720000000001,"endTime":1074.8220000000001,"body":"So now we have actually applied for"},{"speaker":"Jan Skjoldhammer","startTime":1071.0720000000001,"endTime":1074.8220000000001,"body":"a grant from the European union, from"},{"speaker":"Jan Skjoldhammer","startTime":1074.8220000000001,"endTime":1080.602,"body":"EIC now for designing and installing"},{"speaker":"Jan Skjoldhammer","startTime":1074.8220000000001,"endTime":1080.602,"body":"between 400 meters to 600 square"},{"speaker":"Jan Skjoldhammer","startTime":1080.602,"endTime":1082.357,"body":"square meters of solar panels on top."},{"speaker":"Jan Skjoldhammer","startTime":1082.847,"endTime":1082.9370000000001,"body":"Mm-hmm."},{"speaker":"Jan Skjoldhammer","startTime":1083.1770000000001,"endTime":1086.977,"body":", that's is about, you know, plus minus"},{"speaker":"Jan Skjoldhammer","startTime":1083.1770000000001,"endTime":1086.977,"body":"100 kilowatt peak from the solars."},{"speaker":"Jan Skjoldhammer","startTime":1087.757,"endTime":1091.267,"body":"It makes sense because we don't have,"},{"speaker":"Jan Skjoldhammer","startTime":1087.757,"endTime":1091.267,"body":"don't have any cost for the, the"},{"speaker":"Jan Skjoldhammer","startTime":1091.267,"endTime":1095.347,"body":"float, the anchoring and the, you know,"},{"speaker":"Jan Skjoldhammer","startTime":1091.267,"endTime":1095.347,"body":"systems on board, which they have."},{"speaker":"Jan Skjoldhammer","startTime":1095.7820000000002,"endTime":1099.502,"body":"And the cable, so it just will"},{"speaker":"Jan Skjoldhammer","startTime":1095.7820000000002,"endTime":1099.502,"body":"combine us to in hybrid solution."},{"speaker":"Jan Skjoldhammer","startTime":1100.252,"endTime":1103.892,"body":"Also in the summer months, there's"},{"speaker":"Jan Skjoldhammer","startTime":1100.252,"endTime":1103.892,"body":"less wind power and less wave"},{"speaker":"Jan Skjoldhammer","startTime":1103.912,"endTime":1105.8220000000001,"body":"power, but there's sun power."},{"speaker":"Jan Skjoldhammer","startTime":1106.232,"endTime":1111.662,"body":"So by combining that you always provide"},{"speaker":"Jan Skjoldhammer","startTime":1106.232,"endTime":1111.662,"body":"lots of power, either by wave power or by"},{"speaker":"Jan Skjoldhammer","startTime":1111.662,"endTime":1115.7720000000002,"body":"sun power, of course, majority from the"},{"speaker":"Jan Skjoldhammer","startTime":1111.662,"endTime":1115.7720000000002,"body":"wave power, because waves are much more"},{"speaker":"Jan Skjoldhammer","startTime":1115.7820000000002,"endTime":1120.352,"body":"dense than than solar and wind, but it's"},{"speaker":"Jan Skjoldhammer","startTime":1115.7820000000002,"endTime":1120.352,"body":"a nice addition and it costs very little."},{"speaker":"Jan Skjoldhammer","startTime":1120.422,"endTime":1123.832,"body":"So we are also floating solar."},{"speaker":"Tom Raftery","startTime":1125.222,"endTime":1125.5720000000001,"body":"Nice."},{"speaker":"Tom Raftery","startTime":1125.862,"endTime":1126.172,"body":"Nice."},{"speaker":"Tom Raftery","startTime":1126.172,"endTime":1126.482,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1126.852,"endTime":1133.0720000000001,"body":"One of the criticisms generally"},{"speaker":"Tom Raftery","startTime":1126.852,"endTime":1133.0720000000001,"body":"of renewables is the fact"},{"speaker":"Tom Raftery","startTime":1133.0720000000001,"endTime":1134.352,"body":"that they're intermittent."},{"speaker":"Tom Raftery","startTime":1134.402,"endTime":1139.582,"body":"The sun obviously is only up, you"},{"speaker":"Tom Raftery","startTime":1134.402,"endTime":1139.582,"body":"know, depending on where you are, eight"},{"speaker":"Tom Raftery","startTime":1139.632,"endTime":1143.8220000000001,"body":"to 10 to 12 hours per day sometimes"},{"speaker":"Tom Raftery","startTime":1139.632,"endTime":1143.8220000000001,"body":"a little more in summer and how,"},{"speaker":"Tom Raftery","startTime":1143.872,"endTime":1145.477,"body":"depending on how north or south you are."},{"speaker":"Tom Raftery","startTime":1146.497,"endTime":1149.997,"body":"And the wind, obviously, as"},{"speaker":"Tom Raftery","startTime":1146.497,"endTime":1149.997,"body":"well, isn't always blowing."},{"speaker":"Tom Raftery","startTime":1151.337,"endTime":1155.337,"body":"There are always waves, not always"},{"speaker":"Tom Raftery","startTime":1151.337,"endTime":1155.337,"body":"the same height, not always the"},{"speaker":"Tom Raftery","startTime":1155.337,"endTime":1162.3970000000002,"body":"same frequency, but they are going"},{"speaker":"Tom Raftery","startTime":1155.337,"endTime":1162.3970000000002,"body":"up and down and up and down, so"},{"speaker":"Tom Raftery","startTime":1162.4270000000001,"endTime":1167.727,"body":"the electricity you're creating is"},{"speaker":"Tom Raftery","startTime":1162.4270000000001,"endTime":1167.727,"body":"obviously coming in bursts of those 700"},{"speaker":"Tom Raftery","startTime":1167.757,"endTime":1169.977,"body":"kilowatts or whatever it is as well."},{"speaker":"Tom Raftery","startTime":1170.6470000000002,"endTime":1172.1970000000001,"body":"How is that addressed?"},{"speaker":"Jan Skjoldhammer","startTime":1174.412,"endTime":1176.332,"body":"There"},{"speaker":"Jan Skjoldhammer","startTime":1174.412,"endTime":1176.332,"body":"are two aspects to this."},{"speaker":"Jan Skjoldhammer","startTime":1176.362,"endTime":1180.752,"body":"The first of all into, you know, this"},{"speaker":"Jan Skjoldhammer","startTime":1176.362,"endTime":1180.752,"body":"intermittency of wind power and sun power."},{"speaker":"Jan Skjoldhammer","startTime":1181.112,"endTime":1185.412,"body":"Of course, sun power is gone"},{"speaker":"Jan Skjoldhammer","startTime":1181.112,"endTime":1185.412,"body":"for 12 hours or more per day."},{"speaker":"Jan Skjoldhammer","startTime":1186.222,"endTime":1192.452,"body":"And wind power is basically"},{"speaker":"Jan Skjoldhammer","startTime":1186.222,"endTime":1192.452,"body":"down to 10% for 10 days a month."},{"speaker":"Jan Skjoldhammer","startTime":1193.902,"endTime":1198.112,"body":"If you combine these two sources"},{"speaker":"Jan Skjoldhammer","startTime":1193.902,"endTime":1198.112,"body":"as 40% of the hours of the month."},{"speaker":"Jan Skjoldhammer","startTime":1199.182,"endTime":1201.582,"body":"There's little wind and no sun."},{"speaker":"Jan Skjoldhammer","startTime":1203.0320000000002,"endTime":1203.892,"body":"So what do we do?"},{"speaker":"Jan Skjoldhammer","startTime":1204.752,"endTime":1209.882,"body":"We, of course, pay huge prices for"},{"speaker":"Jan Skjoldhammer","startTime":1204.752,"endTime":1209.882,"body":"the electricity bill those days"},{"speaker":"Jan Skjoldhammer","startTime":1209.902,"endTime":1212.732,"body":"when there's little wind and no sun."},{"speaker":"Jan Skjoldhammer","startTime":1213.672,"endTime":1216.0720000000001,"body":"It's been fluctuating, you know,"},{"speaker":"Jan Skjoldhammer","startTime":1213.672,"endTime":1216.0720000000001,"body":"widely this winter, for instance."},{"speaker":"Jan Skjoldhammer","startTime":1216.8020000000001,"endTime":1219.982,"body":"And that's due to the lack of"},{"speaker":"Jan Skjoldhammer","startTime":1216.8020000000001,"endTime":1219.982,"body":"those green energy sources."},{"speaker":"Jan Skjoldhammer","startTime":1220.742,"endTime":1221.7720000000002,"body":"So we burn fossils."},{"speaker":"Jan Skjoldhammer","startTime":1222.392,"endTime":1226.5220000000002,"body":"Coal, gas and oil, those"},{"speaker":"Jan Skjoldhammer","startTime":1222.392,"endTime":1226.5220000000002,"body":"hours to the main extent."},{"speaker":"Jan Skjoldhammer","startTime":1226.8020000000001,"endTime":1229.142,"body":"Of course, there's a base load"},{"speaker":"Jan Skjoldhammer","startTime":1226.8020000000001,"endTime":1229.142,"body":"of hydropower and those which"},{"speaker":"Jan Skjoldhammer","startTime":1229.142,"endTime":1232.5220000000002,"body":"can be adjusted somewhat up and"},{"speaker":"Jan Skjoldhammer","startTime":1229.142,"endTime":1232.5220000000002,"body":"down, but mainly we burn fossils."},{"speaker":"Jan Skjoldhammer","startTime":1233.362,"endTime":1238.192,"body":"And then of course we can have storage by"},{"speaker":"Jan Skjoldhammer","startTime":1233.362,"endTime":1238.192,"body":"batteries and some other sources as well."},{"speaker":"Jan Skjoldhammer","startTime":1238.192,"endTime":1242.252,"body":"And the battery storage as grid"},{"speaker":"Jan Skjoldhammer","startTime":1238.192,"endTime":1242.252,"body":"scale is basically impossible."},{"speaker":"Jan Skjoldhammer","startTime":1242.252,"endTime":1246.482,"body":"The number of batteries, the, the"},{"speaker":"Jan Skjoldhammer","startTime":1242.252,"endTime":1246.482,"body":"amount of cobalt and lithium needed is"},{"speaker":"Jan Skjoldhammer","startTime":1246.502,"endTime":1248.252,"body":"impossible to extract at grid scale."},{"speaker":"Jan Skjoldhammer","startTime":1248.682,"endTime":1251.232,"body":"For households yes, and electric cars yes."},{"speaker":"Jan Skjoldhammer","startTime":1251.632,"endTime":1254.462,"body":"But it's, it's, it's, it's not"},{"speaker":"Jan Skjoldhammer","startTime":1251.632,"endTime":1254.462,"body":"possible the amount of batteries"},{"speaker":"Jan Skjoldhammer","startTime":1254.492,"endTime":1258.732,"body":"needed, but luckily, you know what"},{"speaker":"Jan Skjoldhammer","startTime":1254.492,"endTime":1258.732,"body":"I'm going to say, there's wave power."},{"speaker":"Jan Skjoldhammer","startTime":1259.462,"endTime":1266.257,"body":"So, in those hours when there is no wind"},{"speaker":"Jan Skjoldhammer","startTime":1259.462,"endTime":1266.257,"body":"and sun, there's normally wave power."},{"speaker":"Jan Skjoldhammer","startTime":1266.6470000000002,"endTime":1272.6770000000001,"body":"And how come, well, the wind over time"},{"speaker":"Jan Skjoldhammer","startTime":1266.6470000000002,"endTime":1272.6770000000001,"body":"and distance as mentioned, creates waves."},{"speaker":"Jan Skjoldhammer","startTime":1273.837,"endTime":1277.477,"body":"But when the wind goes down, we"},{"speaker":"Jan Skjoldhammer","startTime":1273.837,"endTime":1277.477,"body":"all know that the waves remains"},{"speaker":"Jan Skjoldhammer","startTime":1277.497,"endTime":1279.217,"body":"for days, hours and days."},{"speaker":"Jan Skjoldhammer","startTime":1280.007,"endTime":1283.777,"body":"So in those hours and days, when"},{"speaker":"Jan Skjoldhammer","startTime":1280.007,"endTime":1283.777,"body":"you're burning vast amount of fossils,"},{"speaker":"Jan Skjoldhammer","startTime":1284.107,"endTime":1288.067,"body":"when the utility companies are"},{"speaker":"Jan Skjoldhammer","startTime":1284.107,"endTime":1288.067,"body":"scratching their head and look into,"},{"speaker":"Jan Skjoldhammer","startTime":1288.067,"endTime":1289.377,"body":"you know, how can we solve this?"},{"speaker":"Jan Skjoldhammer","startTime":1289.777,"endTime":1290.6970000000001,"body":"Then you have wave power."},{"speaker":"Jan Skjoldhammer","startTime":1291.252,"endTime":1293.642,"body":"Lots of wave power, clean energy."},{"speaker":"Jan Skjoldhammer","startTime":1294.192,"endTime":1298.862,"body":"So in my mind, you can choose between"},{"speaker":"Jan Skjoldhammer","startTime":1294.192,"endTime":1298.862,"body":"going then wind power, solar power,"},{"speaker":"Jan Skjoldhammer","startTime":1299.752,"endTime":1305.5420000000001,"body":"and fossils storage, or you can go"},{"speaker":"Jan Skjoldhammer","startTime":1299.752,"endTime":1305.5420000000001,"body":"wind power, solar power, wave power,"},{"speaker":"Jan Skjoldhammer","startTime":1305.642,"endTime":1308.662,"body":"and much less fossils and storage."},{"speaker":"Jan Skjoldhammer","startTime":1309.557,"endTime":1315.1570000000002,"body":"It's actually a no brainer and so far, not"},{"speaker":"Jan Skjoldhammer","startTime":1309.557,"endTime":1315.1570000000002,"body":"so many know about this, but it's coming."},{"speaker":"Jan Skjoldhammer","startTime":1315.1570000000002,"endTime":1318.4470000000001,"body":"I can assure you because there's a"},{"speaker":"Jan Skjoldhammer","startTime":1315.1570000000002,"endTime":1318.4470000000001,"body":"huge problem and there's a solution."},{"speaker":"Jan Skjoldhammer","startTime":1318.807,"endTime":1319.4270000000001,"body":"It will happen."},{"speaker":"Jan Skjoldhammer","startTime":1319.6870000000001,"endTime":1320.267,"body":"No doubt."},{"speaker":"Jan Skjoldhammer","startTime":1320.477,"endTime":1320.967,"body":"Big time."},{"speaker":"Jan Skjoldhammer","startTime":1322.137,"endTime":1322.587,"body":"Okay."},{"speaker":"Jan Skjoldhammer","startTime":1322.6970000000001,"endTime":1325.137,"body":"And then regarding you had the"},{"speaker":"Jan Skjoldhammer","startTime":1322.6970000000001,"endTime":1325.137,"body":"second question was about the,"},{"speaker":"Jan Skjoldhammer","startTime":1325.1470000000002,"endTime":1327.817,"body":"the intermittency from every unit."},{"speaker":"Jan Skjoldhammer","startTime":1328.337,"endTime":1332.287,"body":"Yes, we provide 700 kilowatts and then"},{"speaker":"Jan Skjoldhammer","startTime":1328.337,"endTime":1332.287,"body":"nothing, 700 kilowatts up and down."},{"speaker":"Jan Skjoldhammer","startTime":1332.567,"endTime":1335.4270000000001,"body":"And that has no influence on"},{"speaker":"Jan Skjoldhammer","startTime":1332.567,"endTime":1335.4270000000001,"body":"larger grid, it doesn't matter."},{"speaker":"Jan Skjoldhammer","startTime":1335.877,"endTime":1339.117,"body":"Because there's like switching"},{"speaker":"Jan Skjoldhammer","startTime":1335.877,"endTime":1339.117,"body":"the, the factory, you know, light"},{"speaker":"Jan Skjoldhammer","startTime":1339.117,"endTime":1342.247,"body":"switch on and off in, in, in a"},{"speaker":"Jan Skjoldhammer","startTime":1339.117,"endTime":1342.247,"body":"factory or turning on a machine."},{"speaker":"Jan Skjoldhammer","startTime":1342.827,"endTime":1347.857,"body":"On smaller grids we can alleviate that"},{"speaker":"Jan Skjoldhammer","startTime":1342.827,"endTime":1347.857,"body":"by having supercapacitors on board,"},{"speaker":"Jan Skjoldhammer","startTime":1348.037,"endTime":1349.817,"body":"which, which evens out the power."},{"speaker":"Jan Skjoldhammer","startTime":1350.547,"endTime":1353.317,"body":"But of course, if you have five"},{"speaker":"Jan Skjoldhammer","startTime":1350.547,"endTime":1353.317,"body":"units or more, they're hitting"},{"speaker":"Jan Skjoldhammer","startTime":1353.317,"endTime":1354.497,"body":"the waves at different times."},{"speaker":"Jan Skjoldhammer","startTime":1354.857,"endTime":1358.517,"body":"Then it by itself is evens out"},{"speaker":"Jan Skjoldhammer","startTime":1354.857,"endTime":1358.517,"body":"that one unit is more of a problem."},{"speaker":"Jan Skjoldhammer","startTime":1358.557,"endTime":1361.277,"body":"If you have five, 10 or"},{"speaker":"Jan Skjoldhammer","startTime":1358.557,"endTime":1361.277,"body":"250, it doesn't matter."},{"speaker":"Jan Skjoldhammer","startTime":1361.277,"endTime":1361.997,"body":"It's just stable."},{"speaker":"Tom Raftery","startTime":1363.127,"endTime":1363.837,"body":"Okay, perfect."},{"speaker":"Tom Raftery","startTime":1365.4170000000001,"endTime":1367.537,"body":"What about the cost?"},{"speaker":"Tom Raftery","startTime":1367.627,"endTime":1373.704,"body":"Because the cost, if it's too expensive,"},{"speaker":"Tom Raftery","startTime":1367.627,"endTime":1373.704,"body":"it doesn't matter how efficient"},{"speaker":"Tom Raftery","startTime":1373.704,"endTime":1376.314,"body":"it is in terms of its generation."},{"speaker":"Tom Raftery","startTime":1377.354,"endTime":1381.454,"body":"You know, it will only succeed"},{"speaker":"Tom Raftery","startTime":1377.354,"endTime":1381.454,"body":"if it can be competitive with,"},{"speaker":"Tom Raftery","startTime":1381.864,"endTime":1383.164,"body":"unfortunately, fossil fuels."},{"speaker":"Jan Skjoldhammer","startTime":1384.241,"endTime":1384.651,"body":"Definitely."},{"speaker":"Jan Skjoldhammer","startTime":1384.871,"endTime":1391.701,"body":"You know, many talk about, you know,"},{"speaker":"Jan Skjoldhammer","startTime":1384.871,"endTime":1391.701,"body":"helping the environment and want to do it,"},{"speaker":"Jan Skjoldhammer","startTime":1391.871,"endTime":1393.5810000000001,"body":"but there's also always the cost issue."},{"speaker":"Jan Skjoldhammer","startTime":1393.5810000000001,"endTime":1397.951,"body":"So it's difficult today to, to"},{"speaker":"Jan Skjoldhammer","startTime":1393.5810000000001,"endTime":1397.951,"body":"convince the shareholders to spend"},{"speaker":"Jan Skjoldhammer","startTime":1397.951,"endTime":1401.401,"body":"money on something which they lose"},{"speaker":"Jan Skjoldhammer","startTime":1397.951,"endTime":1401.401,"body":"money on basically, it's difficult."},{"speaker":"Jan Skjoldhammer","startTime":1402.046,"endTime":1408.336,"body":"Wind power and sun power started at"},{"speaker":"Jan Skjoldhammer","startTime":1402.046,"endTime":1408.336,"body":"about 70 cents per kilowatt hour."},{"speaker":"Jan Skjoldhammer","startTime":1409.516,"endTime":1414.4360000000001,"body":"Now they're down to, you know, onshore"},{"speaker":"Jan Skjoldhammer","startTime":1409.516,"endTime":1414.4360000000001,"body":"wind is down to, you know, 5 cents."},{"speaker":"Jan Skjoldhammer","startTime":1414.4360000000001,"endTime":1418.2160000000001,"body":"So in that, that range"},{"speaker":"Jan Skjoldhammer","startTime":1414.4360000000001,"endTime":1418.2160000000001,"body":"offshore wind power, you know,"},{"speaker":"Jan Skjoldhammer","startTime":1418.276,"endTime":1419.806,"body":"depends on the array size."},{"speaker":"Jan Skjoldhammer","startTime":1419.846,"endTime":1424.566,"body":"Anything from, from 5 cents to"},{"speaker":"Jan Skjoldhammer","startTime":1419.846,"endTime":1424.566,"body":"to 15 cents per kilowatt hour."},{"speaker":"Jan Skjoldhammer","startTime":1425.526,"endTime":1432.556,"body":"And then they are going and profitable,"},{"speaker":"Jan Skjoldhammer","startTime":1425.526,"endTime":1432.556,"body":"but they had subsidies for 20 or 30 years."},{"speaker":"Jan Skjoldhammer","startTime":1433.346,"endTime":1436.2160000000001,"body":"And that subsidy is coming from"},{"speaker":"Jan Skjoldhammer","startTime":1433.346,"endTime":1436.2160000000001,"body":"the government's main mainly"},{"speaker":"Jan Skjoldhammer","startTime":1436.636,"endTime":1440.6490000000001,"body":"made them have, you know, a"},{"speaker":"Jan Skjoldhammer","startTime":1436.636,"endTime":1440.6490000000001,"body":"learning curve going down there."},{"speaker":"Jan Skjoldhammer","startTime":1441.209,"endTime":1445.429,"body":"And once they can come down to,"},{"speaker":"Jan Skjoldhammer","startTime":1441.209,"endTime":1445.429,"body":"you know, about 10 cents or 15"},{"speaker":"Jan Skjoldhammer","startTime":1445.449,"endTime":1449.6290000000001,"body":"cents, you saw an explosion in the"},{"speaker":"Jan Skjoldhammer","startTime":1445.449,"endTime":1449.6290000000001,"body":"deployments because they were, you"},{"speaker":"Jan Skjoldhammer","startTime":1449.6290000000001,"endTime":1456.964,"body":"know, becoming basically able to make"},{"speaker":"Jan Skjoldhammer","startTime":1449.6290000000001,"endTime":1456.964,"body":"money also besides the, the subsidies."},{"speaker":"Jan Skjoldhammer","startTime":1457.184,"endTime":1459.044,"body":"Subsidies also, of course,"},{"speaker":"Jan Skjoldhammer","startTime":1457.184,"endTime":1459.044,"body":"going down over time."},{"speaker":"Jan Skjoldhammer","startTime":1459.7540000000001,"endTime":1461.5140000000001,"body":"And the same thing"},{"speaker":"Jan Skjoldhammer","startTime":1459.7540000000001,"endTime":1461.5140000000001,"body":"happened with solar panels."},{"speaker":"Jan Skjoldhammer","startTime":1461.624,"endTime":1464.4940000000001,"body":"Once the costs were coming"},{"speaker":"Jan Skjoldhammer","startTime":1461.624,"endTime":1464.4940000000001,"body":"down, bang, it went up."},{"speaker":"Jan Skjoldhammer","startTime":1464.794,"endTime":1468.674,"body":"And the same thing will happen with"},{"speaker":"Jan Skjoldhammer","startTime":1464.794,"endTime":1468.674,"body":"tidal power and wave power, no doubt."},{"speaker":"Jan Skjoldhammer","startTime":1469.824,"endTime":1474.534,"body":"The subsidies right now for,"},{"speaker":"Jan Skjoldhammer","startTime":1469.824,"endTime":1474.534,"body":"for tidal energy is around 25"},{"speaker":"Jan Skjoldhammer","startTime":1475.164,"endTime":1478.7340000000002,"body":"cents in Canada and in the UK."},{"speaker":"Jan Skjoldhammer","startTime":1479.459,"endTime":1486.489,"body":"And in Taiwan for wave power is mainly"},{"speaker":"Jan Skjoldhammer","startTime":1479.459,"endTime":1486.489,"body":"right now and only in Taiwan and the"},{"speaker":"Jan Skjoldhammer","startTime":1486.499,"endTime":1491.729,"body":"European Commission has stated that"},{"speaker":"Jan Skjoldhammer","startTime":1486.499,"endTime":1491.729,"body":"they will see or make subsidies, et"},{"speaker":"Jan Skjoldhammer","startTime":1491.729,"endTime":1496.546,"body":"cetera, available by our incentives in"},{"speaker":"Jan Skjoldhammer","startTime":1491.729,"endTime":1496.546,"body":"nicer word to make this happen because"},{"speaker":"Jan Skjoldhammer","startTime":1496.556,"endTime":1501.616,"body":"they want to see 500 megawatt deployed"},{"speaker":"Jan Skjoldhammer","startTime":1496.556,"endTime":1501.616,"body":"of ocean energy in Europe by 2030."},{"speaker":"Jan Skjoldhammer","startTime":1502.4560000000001,"endTime":1504.161,"body":"And they want to see 40 gigawatts."},{"speaker":"Jan Skjoldhammer","startTime":1505.671,"endTime":1509.761,"body":"It's 40,000 megawatt deployed by 20 50."},{"speaker":"Jan Skjoldhammer","startTime":1510.3310000000001,"endTime":1515.0510000000002,"body":"And since the cost for wave power,"},{"speaker":"Jan Skjoldhammer","startTime":1510.3310000000001,"endTime":1515.0510000000002,"body":"you know, in general is from 30"},{"speaker":"Jan Skjoldhammer","startTime":1515.0510000000002,"endTime":1516.761,"body":"to 50 cents per kilowatt hour."},{"speaker":"Jan Skjoldhammer","startTime":1516.761,"endTime":1522.411,"body":"Now in the beginning, they will need to"},{"speaker":"Jan Skjoldhammer","startTime":1516.761,"endTime":1522.411,"body":"make similar subsidies as they made for,"},{"speaker":"Jan Skjoldhammer","startTime":1522.441,"endTime":1527.261,"body":"for wind and solar, but just 50% of level"},{"speaker":"Jan Skjoldhammer","startTime":1522.441,"endTime":1527.261,"body":"because we are cheaper than they had."},{"speaker":"Jan Skjoldhammer","startTime":1527.731,"endTime":1531.8410000000001,"body":"So let's say it this way, we"},{"speaker":"Jan Skjoldhammer","startTime":1527.731,"endTime":1531.8410000000001,"body":"are starting at the cost on our"},{"speaker":"Jan Skjoldhammer","startTime":1531.8410000000001,"endTime":1534.461,"body":"unit which is below 25 cents."},{"speaker":"Jan Skjoldhammer","startTime":1536.0910000000001,"endTime":1539.901,"body":"So we're starting at the cost, which is"},{"speaker":"Jan Skjoldhammer","startTime":1536.0910000000001,"endTime":1539.901,"body":"below what wind power and sun power had."},{"speaker":"Jan Skjoldhammer","startTime":1540.421,"endTime":1540.751,"body":"Okay."},{"speaker":"Jan Skjoldhammer","startTime":1541.0910000000001,"endTime":1545.161,"body":"So we add the same learning curve, steep"},{"speaker":"Jan Skjoldhammer","startTime":1541.0910000000001,"endTime":1545.161,"body":"in the beginning, then more shallow,"},{"speaker":"Jan Skjoldhammer","startTime":1545.851,"endTime":1551.2910000000002,"body":"but it, it indicates quite clearly"},{"speaker":"Jan Skjoldhammer","startTime":1545.851,"endTime":1551.2910000000002,"body":"that we will be going below, mind"},{"speaker":"Jan Skjoldhammer","startTime":1551.2910000000002,"endTime":1558.131,"body":"my words now, below offshore wind in"},{"speaker":"Jan Skjoldhammer","startTime":1551.2910000000002,"endTime":1558.131,"body":"some years, in cost per megawatt hour."},{"speaker":"Jan Skjoldhammer","startTime":1558.921,"endTime":1563.401,"body":"Add to that, that we are more"},{"speaker":"Jan Skjoldhammer","startTime":1558.921,"endTime":1563.401,"body":"stable, it's a better energy source."},{"speaker":"Jan Skjoldhammer","startTime":1564.0710000000001,"endTime":1568.191,"body":"Then the potential is huge,"},{"speaker":"Jan Skjoldhammer","startTime":1564.0710000000001,"endTime":1568.191,"body":"of course, business wise, and"},{"speaker":"Jan Skjoldhammer","startTime":1568.191,"endTime":1569.221,"body":"also for the climate change."},{"speaker":"Jan Skjoldhammer","startTime":1569.531,"endTime":1572.5810000000001,"body":"Because we can mitigate the"},{"speaker":"Jan Skjoldhammer","startTime":1569.531,"endTime":1572.5810000000001,"body":"use of fossils and storage."},{"speaker":"Jan Skjoldhammer","startTime":1573.001,"endTime":1575.271,"body":"So, we're talking big numbers here."},{"speaker":"Jan Skjoldhammer","startTime":1575.681,"endTime":1576.491,"body":"Very big numbers."},{"speaker":"Tom Raftery","startTime":1578.101,"endTime":1579.001,"body":"What kind of numbers?"},{"speaker":"Jan Skjoldhammer","startTime":1580.861,"endTime":1587.261,"body":"Well, the estimation"},{"speaker":"Jan Skjoldhammer","startTime":1580.861,"endTime":1587.261,"body":"is that by IPCC, for instance, that"},{"speaker":"Jan Skjoldhammer","startTime":1587.5810000000001,"endTime":1594.8310000000001,"body":"wave power can deliver the same"},{"speaker":"Jan Skjoldhammer","startTime":1587.5810000000001,"endTime":1594.8310000000001,"body":"amount of energy worldwide as all"},{"speaker":"Jan Skjoldhammer","startTime":1594.851,"endTime":1596.471,"body":"of today's electricity consumption."},{"speaker":"Jan Skjoldhammer","startTime":1596.7910000000002,"endTime":1597.011,"body":"All."},{"speaker":"Jan Skjoldhammer","startTime":1597.011,"endTime":1600.621,"body":"That's 29, 000 terawatt hours per year."},{"speaker":"Jan Skjoldhammer","startTime":1601.521,"endTime":1606.611,"body":"So that is quite, you know,"},{"speaker":"Jan Skjoldhammer","startTime":1601.521,"endTime":1606.611,"body":"there's basically no limit to any"},{"speaker":"Jan Skjoldhammer","startTime":1606.621,"endTime":1608.521,"body":"company which does this properly."},{"speaker":"Jan Skjoldhammer","startTime":1609.0910000000001,"endTime":1616.567,"body":"Money wise, by 2050, if we take just 10%"},{"speaker":"Jan Skjoldhammer","startTime":1609.0910000000001,"endTime":1616.567,"body":"of the European market, that should equal"},{"speaker":"Jan Skjoldhammer","startTime":1616.617,"endTime":1619.867,"body":"about 12 billion in sales just in Europe."},{"speaker":"Jan Skjoldhammer","startTime":1620.217,"endTime":1623.207,"body":"The global market is, is six times larger."},{"speaker":"Jan Skjoldhammer","startTime":1623.967,"endTime":1630.837,"body":"So we are talking closely you know, in the"},{"speaker":"Jan Skjoldhammer","startTime":1623.967,"endTime":1630.837,"body":"possible range of 100 billion in theory,"},{"speaker":"Jan Skjoldhammer","startTime":1630.837,"endTime":1634.997,"body":"at least that should be enough for, for"},{"speaker":"Jan Skjoldhammer","startTime":1630.837,"endTime":1634.997,"body":"most let's say investors and other ones."},{"speaker":"Jan Skjoldhammer","startTime":1635.747,"endTime":1640.214,"body":"The potential is huge and I believe"},{"speaker":"Jan Skjoldhammer","startTime":1635.747,"endTime":1640.214,"body":"it is, is potentially then larger than"},{"speaker":"Jan Skjoldhammer","startTime":1640.2540000000001,"endTime":1645.694,"body":"offshore wind because offshore wind has"},{"speaker":"Jan Skjoldhammer","startTime":1640.2540000000001,"endTime":1645.694,"body":"twice the weight per kilowatt hour than"},{"speaker":"Jan Skjoldhammer","startTime":1645.694,"endTime":1647.7340000000002,"body":"we have, twice the number of parts."},{"speaker":"Jan Skjoldhammer","startTime":1648.759,"endTime":1653.449,"body":"And it's twice the area and we are,"},{"speaker":"Jan Skjoldhammer","startTime":1648.759,"endTime":1653.449,"body":"let's say we are three times more stable,"},{"speaker":"Jan Skjoldhammer","startTime":1653.949,"endTime":1660.044,"body":"but then again, if you combine them,"},{"speaker":"Jan Skjoldhammer","startTime":1653.949,"endTime":1660.044,"body":"the wind power, and the wave power, the"},{"speaker":"Jan Skjoldhammer","startTime":1660.054,"endTime":1665.7440000000001,"body":"base load is up to five times higher"},{"speaker":"Jan Skjoldhammer","startTime":1660.054,"endTime":1665.7440000000001,"body":"than just having wind power by itself."},{"speaker":"Jan Skjoldhammer","startTime":1665.924,"endTime":1671.554,"body":"So we can help the wind power guys to also"},{"speaker":"Jan Skjoldhammer","startTime":1665.924,"endTime":1671.554,"body":"make more money by having all in both wave"},{"speaker":"Jan Skjoldhammer","startTime":1671.614,"endTime":1673.114,"body":"power and wind power at the same time."},{"speaker":"Jan Skjoldhammer","startTime":1673.604,"endTime":1677.284,"body":"Because they can deliver clean energy,"},{"speaker":"Jan Skjoldhammer","startTime":1673.604,"endTime":1677.284,"body":"which is what the customers want."},{"speaker":"Jan Skjoldhammer","startTime":1677.604,"endTime":1681.894,"body":"And having to spend less time on storage,"},{"speaker":"Jan Skjoldhammer","startTime":1677.604,"endTime":1681.894,"body":"for instance, which does nothing."},{"speaker":"Tom Raftery","startTime":1683.324,"endTime":1687.479,"body":"And to your earlier"},{"speaker":"Tom Raftery","startTime":1683.324,"endTime":1687.479,"body":"point, for wind farms who might be"},{"speaker":"Tom Raftery","startTime":1687.479,"endTime":1693.569,"body":"paying rent on the ocean floor, you"},{"speaker":"Tom Raftery","startTime":1687.479,"endTime":1693.569,"body":"can help them get better value for"},{"speaker":"Tom Raftery","startTime":1693.569,"endTime":1696.549,"body":"the rent they're paying by increasing"},{"speaker":"Tom Raftery","startTime":1693.569,"endTime":1696.549,"body":"the amount that they generate."},{"speaker":"Tom Raftery","startTime":1696.919,"endTime":1701.719,"body":"Plus also the infrastructure costs are"},{"speaker":"Tom Raftery","startTime":1696.919,"endTime":1701.719,"body":"reduced for you if you're co locating"},{"speaker":"Tom Raftery","startTime":1701.719,"endTime":1705.719,"body":"there because they already have the"},{"speaker":"Tom Raftery","startTime":1701.719,"endTime":1705.719,"body":"distribution cables in place, right?"},{"speaker":"Jan Skjoldhammer","startTime":1706.8890000000001,"endTime":1707.3490000000002,"body":"Correctly."},{"speaker":"Jan Skjoldhammer","startTime":1707.449,"endTime":1710.1390000000001,"body":"I think most people would like to get"},{"speaker":"Jan Skjoldhammer","startTime":1707.449,"endTime":1710.1390000000001,"body":"double the bang for the same money."},{"speaker":"Jan Skjoldhammer","startTime":1710.759,"endTime":1712.419,"body":"And that's, that's what you're getting."},{"speaker":"Jan Skjoldhammer","startTime":1712.429,"endTime":1713.8990000000001,"body":"It's, it's again, a no brainer."},{"speaker":"Jan Skjoldhammer","startTime":1713.8990000000001,"endTime":1718.229,"body":"If you get double the power from the same"},{"speaker":"Jan Skjoldhammer","startTime":1713.8990000000001,"endTime":1718.229,"body":"sea area, of course, it's very useful."},{"speaker":"Jan Skjoldhammer","startTime":1718.279,"endTime":1720.3690000000001,"body":"And then of course you have"},{"speaker":"Jan Skjoldhammer","startTime":1718.279,"endTime":1720.3690000000001,"body":"maintenance people going forth and"},{"speaker":"Jan Skjoldhammer","startTime":1720.3690000000001,"endTime":1722.589,"body":"back with the large boats and stuff."},{"speaker":"Jan Skjoldhammer","startTime":1722.5990000000002,"endTime":1726.669,"body":"They can of course maintain and"},{"speaker":"Jan Skjoldhammer","startTime":1722.5990000000002,"endTime":1726.669,"body":"look after both wind power and"},{"speaker":"Jan Skjoldhammer","startTime":1726.669,"endTime":1728.1090000000002,"body":"wave power at the same time."},{"speaker":"Jan Skjoldhammer","startTime":1728.5990000000002,"endTime":1732.954,"body":"And, and any, let's say regional"},{"speaker":"Jan Skjoldhammer","startTime":1728.5990000000002,"endTime":1732.954,"body":"government agents would love to get"},{"speaker":"Jan Skjoldhammer","startTime":1732.964,"endTime":1736.544,"body":"more power from the same area because"},{"speaker":"Jan Skjoldhammer","startTime":1732.964,"endTime":1736.544,"body":"you know also you have fishermen's you"},{"speaker":"Jan Skjoldhammer","startTime":1736.554,"endTime":1739.964,"body":"have shipping lines There's a little bit"},{"speaker":"Jan Skjoldhammer","startTime":1736.554,"endTime":1739.964,"body":"more and more competition also for the"},{"speaker":"Jan Skjoldhammer","startTime":1739.9740000000002,"endTime":1745.644,"body":"the offshore sea area So anyone will be"},{"speaker":"Jan Skjoldhammer","startTime":1739.9740000000002,"endTime":1745.644,"body":"happy to see more power coming from the"},{"speaker":"Jan Skjoldhammer","startTime":1745.644,"endTime":1748.884,"body":"same area, it's it's it's very logical."},{"speaker":"Jan Skjoldhammer","startTime":1748.944,"endTime":1749.174,"body":"Yes"},{"speaker":"Tom Raftery","startTime":1749.839,"endTime":1750.1290000000001,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1750.499,"endTime":1754.999,"body":"There's a criticism as well of offshore"},{"speaker":"Tom Raftery","startTime":1750.499,"endTime":1754.999,"body":"wind farms of the environmental impact"},{"speaker":"Tom Raftery","startTime":1755.009,"endTime":1762.1490000000001,"body":"on sea life or bird life, or, you know,"},{"speaker":"Tom Raftery","startTime":1755.009,"endTime":1762.1490000000001,"body":"have you studied that for the wave arrays?"},{"speaker":"Tom Raftery","startTime":1762.5990000000002,"endTime":1764.819,"body":"Is there an environmental"},{"speaker":"Tom Raftery","startTime":1762.5990000000002,"endTime":1764.819,"body":"impact that they have?"},{"speaker":"Jan Skjoldhammer","startTime":1766.319,"endTime":1767.3790000000001,"body":"Yes,"},{"speaker":"Jan Skjoldhammer","startTime":1766.319,"endTime":1767.3790000000001,"body":"it's a good question."},{"speaker":"Jan Skjoldhammer","startTime":1767.6190000000001,"endTime":1771.189,"body":"Let me comment something on wind"},{"speaker":"Jan Skjoldhammer","startTime":1767.6190000000001,"endTime":1771.189,"body":"power, which I read some time ago,"},{"speaker":"Jan Skjoldhammer","startTime":1771.189,"endTime":1773.779,"body":"which I think is important for"},{"speaker":"Jan Skjoldhammer","startTime":1771.189,"endTime":1773.779,"body":"which most people don't know about."},{"speaker":"Jan Skjoldhammer","startTime":1773.839,"endTime":1777.549,"body":"The onshore wind power turrets in Germany."},{"speaker":"Jan Skjoldhammer","startTime":1778.3790000000001,"endTime":1783.539,"body":"Every unit, the size is perhaps in, in,"},{"speaker":"Jan Skjoldhammer","startTime":1778.3790000000001,"endTime":1783.539,"body":"in the range one to two megawatt, mostly."},{"speaker":"Jan Skjoldhammer","startTime":1784.089,"endTime":1792.069,"body":"They each killing 40 kilo of insects"},{"speaker":"Jan Skjoldhammer","startTime":1784.089,"endTime":1792.069,"body":"every year, 40 kilos, 40 kilos of insects."},{"speaker":"Jan Skjoldhammer","startTime":1792.069,"endTime":1794.569,"body":"That's probably the, the, the"},{"speaker":"Jan Skjoldhammer","startTime":1792.069,"endTime":1794.569,"body":"volume of your house or more"},{"speaker":"Jan Skjoldhammer","startTime":1795.729,"endTime":1797.419,"body":"per, per unit wind power unit."},{"speaker":"Jan Skjoldhammer","startTime":1797.989,"endTime":1801.589,"body":"And nowadays the, the number of, if"},{"speaker":"Jan Skjoldhammer","startTime":1797.989,"endTime":1801.589,"body":"you drive the car in the afternoon"},{"speaker":"Jan Skjoldhammer","startTime":1801.6390000000001,"endTime":1806.919,"body":"you will see that the amount of, of"},{"speaker":"Jan Skjoldhammer","startTime":1801.6390000000001,"endTime":1806.919,"body":"hits by insects is measured to be 10%,"},{"speaker":"Jan Skjoldhammer","startTime":1807.579,"endTime":1809.449,"body":"what it was you know, 20 years ago."},{"speaker":"Jan Skjoldhammer","startTime":1810.3490000000002,"endTime":1812.959,"body":"I'm not saying that wind power is"},{"speaker":"Jan Skjoldhammer","startTime":1810.3490000000002,"endTime":1812.959,"body":"solely, is responsible for that."},{"speaker":"Jan Skjoldhammer","startTime":1812.959,"endTime":1815.549,"body":"There are many factors,"},{"speaker":"Jan Skjoldhammer","startTime":1812.959,"endTime":1815.549,"body":"but it's important."},{"speaker":"Jan Skjoldhammer","startTime":1816.429,"endTime":1820.1190000000001,"body":"The mosquito bites I've had this summer"},{"speaker":"Jan Skjoldhammer","startTime":1816.429,"endTime":1820.1190000000001,"body":"or last summer is nothing compared"},{"speaker":"Jan Skjoldhammer","startTime":1820.1190000000001,"endTime":1821.709,"body":"to what I had when I was a kid."},{"speaker":"Jan Skjoldhammer","startTime":1822.319,"endTime":1823.8490000000002,"body":"And without insects, we have a problem."},{"speaker":"Jan Skjoldhammer","startTime":1824.1190000000001,"endTime":1829.259,"body":"So, that's one, let's say challenge for,"},{"speaker":"Jan Skjoldhammer","startTime":1824.1190000000001,"endTime":1829.259,"body":"for, for wind power owners to look into."},{"speaker":"Jan Skjoldhammer","startTime":1829.729,"endTime":1830.719,"body":"Not so well known."},{"speaker":"Jan Skjoldhammer","startTime":1831.0990000000002,"endTime":1837.3490000000002,"body":"But they have seen so far zero negative"},{"speaker":"Jan Skjoldhammer","startTime":1831.0990000000002,"endTime":1837.3490000000002,"body":"effects by wave power nothing on"},{"speaker":"Jan Skjoldhammer","startTime":1837.3490000000002,"endTime":1841.6290000000001,"body":"the seafloor, no fish no organisms"},{"speaker":"Jan Skjoldhammer","startTime":1837.3490000000002,"endTime":1841.6290000000001,"body":"are being you know, trapped by this."},{"speaker":"Jan Skjoldhammer","startTime":1841.6290000000001,"endTime":1846.8690000000001,"body":"So, so far the results by, you"},{"speaker":"Jan Skjoldhammer","startTime":1841.6290000000001,"endTime":1846.8690000000001,"body":"know, quite a few investigations"},{"speaker":"Jan Skjoldhammer","startTime":1846.909,"endTime":1847.669,"body":"have been very positive."},{"speaker":"Jan Skjoldhammer","startTime":1847.8790000000001,"endTime":1851.339,"body":"Same also goes for tidal, by the way,"},{"speaker":"Jan Skjoldhammer","startTime":1847.8790000000001,"endTime":1851.339,"body":"they have a prop going around underwater."},{"speaker":"Jan Skjoldhammer","startTime":1851.704,"endTime":1856.194,"body":"And there's been extremely little impact"},{"speaker":"Jan Skjoldhammer","startTime":1851.704,"endTime":1856.194,"body":"the fish swim around, even if it goes,"},{"speaker":"Jan Skjoldhammer","startTime":1856.344,"endTime":1861.4940000000001,"body":"that goes quite slowly by the way,"},{"speaker":"Jan Skjoldhammer","startTime":1856.344,"endTime":1861.4940000000001,"body":"but, but so tidal and wave power so"},{"speaker":"Jan Skjoldhammer","startTime":1861.4940000000001,"endTime":1864.944,"body":"far has zero negative impact on nature."},{"speaker":"Tom Raftery","startTime":1865.7740000000001,"endTime":1866.084,"body":"Sure."},{"speaker":"Tom Raftery","startTime":1866.4740000000002,"endTime":1873.874,"body":"And where are you guys with"},{"speaker":"Tom Raftery","startTime":1866.4740000000002,"endTime":1873.874,"body":"your wave generators now?"},{"speaker":"Tom Raftery","startTime":1873.944,"endTime":1875.554,"body":"What kind of stage of"},{"speaker":"Tom Raftery","startTime":1873.944,"endTime":1875.554,"body":"development are you at?"},{"speaker":"Jan Skjoldhammer","startTime":1877.089,"endTime":1878.8490000000002,"body":"We're a so called TRL 6."},{"speaker":"Jan Skjoldhammer","startTime":1878.8590000000002,"endTime":1883.6290000000001,"body":"That means we have tested it in, first of"},{"speaker":"Jan Skjoldhammer","startTime":1878.8590000000002,"endTime":1883.6290000000001,"body":"course, deep simulations by third parties."},{"speaker":"Jan Skjoldhammer","startTime":1884.219,"endTime":1889.3690000000001,"body":"Then bid a, a 1 to 5 or 1 to 8 scale"},{"speaker":"Jan Skjoldhammer","startTime":1884.219,"endTime":1889.3690000000001,"body":"depending on how we measure it."},{"speaker":"Jan Skjoldhammer","startTime":1890.259,"endTime":1894.659,"body":"Prototype, out to sea for five"},{"speaker":"Jan Skjoldhammer","startTime":1890.259,"endTime":1894.659,"body":"months in wave tanks, two times"},{"speaker":"Jan Skjoldhammer","startTime":1894.779,"endTime":1898.009,"body":"in England and one time in France."},{"speaker":"Jan Skjoldhammer","startTime":1898.5240000000001,"endTime":1904.164,"body":"And then we have been validating those"},{"speaker":"Jan Skjoldhammer","startTime":1898.5240000000001,"endTime":1904.164,"body":"numbers by our simulations model."},{"speaker":"Jan Skjoldhammer","startTime":1904.7740000000001,"endTime":1911.654,"body":"And the, the essential thing is here that"},{"speaker":"Jan Skjoldhammer","startTime":1904.7740000000001,"endTime":1911.654,"body":"we, our simulations matches the output"},{"speaker":"Jan Skjoldhammer","startTime":1912.0040000000001,"endTime":1913.844,"body":"from what we get out to sea perfectly."},{"speaker":"Jan Skjoldhammer","startTime":1913.844,"endTime":1918.924,"body":"It's 100% the curves are the same, but"},{"speaker":"Jan Skjoldhammer","startTime":1913.844,"endTime":1918.924,"body":"when an extrapolate those numbers to the"},{"speaker":"Jan Skjoldhammer","startTime":1918.924,"endTime":1925.9740000000002,"body":"full scale unit, we get actually close"},{"speaker":"Jan Skjoldhammer","startTime":1918.924,"endTime":1925.9740000000002,"body":"to one megawatt of output in waves of 45"},{"speaker":"Jan Skjoldhammer","startTime":1926.0040000000001,"endTime":1928.5240000000001,"body":"meters which is unique in this sector."},{"speaker":"Jan Skjoldhammer","startTime":1929.019,"endTime":1931.1490000000001,"body":"I'm saying that 700 to"},{"speaker":"Jan Skjoldhammer","startTime":1929.019,"endTime":1931.1490000000001,"body":"be more conservative."},{"speaker":"Jan Skjoldhammer","startTime":1931.199,"endTime":1932.259,"body":"We might change the number."},{"speaker":"Jan Skjoldhammer","startTime":1932.259,"endTime":1934.8590000000002,"body":"We should say officially that's"},{"speaker":"Jan Skjoldhammer","startTime":1932.259,"endTime":1934.8590000000002,"body":"500 kilowatt now because we"},{"speaker":"Jan Skjoldhammer","startTime":1934.8690000000001,"endTime":1935.8690000000001,"body":"have shown these numbers."},{"speaker":"Jan Skjoldhammer","startTime":1936.309,"endTime":1941.409,"body":"So, so, now we're going in from this"},{"speaker":"Jan Skjoldhammer","startTime":1936.309,"endTime":1941.409,"body":"prototype level to the full scale design."},{"speaker":"Jan Skjoldhammer","startTime":1941.449,"endTime":1947.299,"body":"We've got European funding for"},{"speaker":"Jan Skjoldhammer","startTime":1941.449,"endTime":1947.299,"body":"that about 2 million euros and also"},{"speaker":"Jan Skjoldhammer","startTime":1947.299,"endTime":1948.669,"body":"some from the Swedish authorities."},{"speaker":"Jan Skjoldhammer","startTime":1949.539,"endTime":1954.9740000000002,"body":"And that is for the design and the"},{"speaker":"Jan Skjoldhammer","startTime":1949.539,"endTime":1954.9740000000002,"body":"production, deployment and testing"},{"speaker":"Jan Skjoldhammer","startTime":1954.9740000000002,"endTime":1956.924,"body":"of the full scale 38 meter units."},{"speaker":"Jan Skjoldhammer","startTime":1957.214,"endTime":1962.594,"body":"It goes in a test site, most likely"},{"speaker":"Jan Skjoldhammer","startTime":1957.214,"endTime":1962.594,"body":"close to you outside Spain, just north"},{"speaker":"Jan Skjoldhammer","startTime":1962.594,"endTime":1967.5040000000001,"body":"of Bilbao, there is a test site called"},{"speaker":"Jan Skjoldhammer","startTime":1962.594,"endTime":1967.5040000000001,"body":"BIMEP which we will be deploying the"},{"speaker":"Jan Skjoldhammer","startTime":1967.5040000000001,"endTime":1969.564,"body":"float in, in less than two years."},{"speaker":"Jan Skjoldhammer","startTime":1969.964,"endTime":1972.7440000000001,"body":"And then a half year later it"},{"speaker":"Jan Skjoldhammer","startTime":1969.964,"endTime":1972.7440000000001,"body":"comes to the machinery, the power"},{"speaker":"Jan Skjoldhammer","startTime":1972.784,"endTime":1974.104,"body":"takeoff into the middle there."},{"speaker":"Jan Skjoldhammer","startTime":1974.5140000000001,"endTime":1976.084,"body":"That is our, our plan so far."},{"speaker":"Jan Skjoldhammer","startTime":1976.644,"endTime":1979.7740000000001,"body":"Of course, this doesn't come at,  at"},{"speaker":"Jan Skjoldhammer","startTime":1976.644,"endTime":1979.7740000000001,"body":"peanuts money because the first"},{"speaker":"Jan Skjoldhammer","startTime":1979.784,"endTime":1981.104,"body":"unit is always very expensive."},{"speaker":"Jan Skjoldhammer","startTime":1981.654,"endTime":1989.5140000000001,"body":"So we would like partnerships with"},{"speaker":"Jan Skjoldhammer","startTime":1981.654,"endTime":1989.5140000000001,"body":"larger oil companies, utility companies,"},{"speaker":"Jan Skjoldhammer","startTime":1989.574,"endTime":1995.694,"body":"industrial companies, shipyards perhaps"},{"speaker":"Jan Skjoldhammer","startTime":1989.574,"endTime":1995.694,"body":"a, a a constellation where they all pitch"},{"speaker":"Jan Skjoldhammer","startTime":1995.694,"endTime":1997.714,"body":"in a little, bit and we do it together."},{"speaker":"Jan Skjoldhammer","startTime":1998.124,"endTime":2002.954,"body":"Or if one major partner want to see"},{"speaker":"Jan Skjoldhammer","startTime":1998.124,"endTime":2002.954,"body":"their own name on, on the side, on"},{"speaker":"Jan Skjoldhammer","startTime":2002.954,"endTime":2007.834,"body":"the float, perhaps 35 meters long,"},{"speaker":"Jan Skjoldhammer","startTime":2002.954,"endTime":2007.834,"body":"says Shell renewables on every"},{"speaker":"Jan Skjoldhammer","startTime":2007.834,"endTime":2011.839,"body":"front page of the larger magazines"},{"speaker":"Jan Skjoldhammer","startTime":2007.834,"endTime":2011.839,"body":"coming up you know, quite often."},{"speaker":"Jan Skjoldhammer","startTime":2012.309,"endTime":2017.6490000000001,"body":"And then later on, having people coming"},{"speaker":"Jan Skjoldhammer","startTime":2012.309,"endTime":2017.6490000000001,"body":"on board, the, the CEO, VIPs, Media,"},{"speaker":"Jan Skjoldhammer","startTime":2017.699,"endTime":2021.029,"body":"and perhaps Royals coming on board,"},{"speaker":"Jan Skjoldhammer","startTime":2017.699,"endTime":2021.029,"body":"the float in, in two and three years."},{"speaker":"Jan Skjoldhammer","startTime":2021.8790000000001,"endTime":2026.079,"body":"I think that's very important for them"},{"speaker":"Jan Skjoldhammer","startTime":2021.8790000000001,"endTime":2026.079,"body":"because they're doing something sensible."},{"speaker":"Jan Skjoldhammer","startTime":2026.439,"endTime":2028.449,"body":"They're showing that they can"},{"speaker":"Jan Skjoldhammer","startTime":2026.439,"endTime":2028.449,"body":"do something more than just"},{"speaker":"Jan Skjoldhammer","startTime":2028.449,"endTime":2030.419,"body":"look on and sit on the fence."},{"speaker":"Jan Skjoldhammer","startTime":2030.999,"endTime":2035.8790000000001,"body":"And I think also for internal marketing,"},{"speaker":"Jan Skjoldhammer","startTime":2030.999,"endTime":2035.8790000000001,"body":"if you are Shell, BP, Equinor or"},{"speaker":"Jan Skjoldhammer","startTime":2035.909,"endTime":2039.814,"body":"other oil companies struggling with"},{"speaker":"Jan Skjoldhammer","startTime":2035.909,"endTime":2039.814,"body":"attracting, you know, young people"},{"speaker":"Jan Skjoldhammer","startTime":2039.824,"endTime":2041.884,"body":"coming into the sector qualified people."},{"speaker":"Jan Skjoldhammer","startTime":2042.424,"endTime":2046.124,"body":"Then of course you can show that"},{"speaker":"Jan Skjoldhammer","startTime":2042.424,"endTime":2046.124,"body":"while we are doing something, we are"},{"speaker":"Jan Skjoldhammer","startTime":2046.124,"endTime":2049.594,"body":"doing something sensible, just more"},{"speaker":"Jan Skjoldhammer","startTime":2046.124,"endTime":2049.594,"body":"than just buying another, you know,"},{"speaker":"Jan Skjoldhammer","startTime":2049.604,"endTime":2050.884,"body":"wind power turrets here and there."},{"speaker":"Jan Skjoldhammer","startTime":2051.244,"endTime":2055.294,"body":"You're doing something new, take a little"},{"speaker":"Jan Skjoldhammer","startTime":2051.244,"endTime":2055.294,"body":"risk, small money for them anyway, and"},{"speaker":"Jan Skjoldhammer","startTime":2055.294,"endTime":2058.554,"body":"then show that you're doing something"},{"speaker":"Jan Skjoldhammer","startTime":2055.294,"endTime":2058.554,"body":"sensible by monthly newsletters."},{"speaker":"Jan Skjoldhammer","startTime":2058.874,"endTime":2061.461,"body":"Having your, your, your,"},{"speaker":"Jan Skjoldhammer","startTime":2058.874,"endTime":2061.461,"body":"employees coming on board."},{"speaker":"Jan Skjoldhammer","startTime":2061.971,"endTime":2064.111,"body":"I think we can do something"},{"speaker":"Jan Skjoldhammer","startTime":2061.971,"endTime":2064.111,"body":"for them that this way."},{"speaker":"Jan Skjoldhammer","startTime":2064.471,"endTime":2068.761,"body":"So both internal and external marketing"},{"speaker":"Jan Skjoldhammer","startTime":2064.471,"endTime":2068.761,"body":"is what we can offer them to come"},{"speaker":"Jan Skjoldhammer","startTime":2068.761,"endTime":2070.361,"body":"along on this exciting journey."},{"speaker":"Tom Raftery","startTime":2071.341,"endTime":2073.5209999999997,"body":"And what's the"},{"speaker":"Tom Raftery","startTime":2071.341,"endTime":2073.5209999999997,"body":"revenue model from this?"},{"speaker":"Jan Skjoldhammer","startTime":2075.631,"endTime":2078.041,"body":"There are three"},{"speaker":"Jan Skjoldhammer","startTime":2075.631,"endTime":2078.041,"body":"revenue models one is on production"},{"speaker":"Jan Skjoldhammer","startTime":2078.4210000000003,"endTime":2082.561,"body":"and turnkey delivered to the"},{"speaker":"Jan Skjoldhammer","startTime":2078.4210000000003,"endTime":2082.561,"body":"utility companies or islands."},{"speaker":"Jan Skjoldhammer","startTime":2082.841,"endTime":2087.634,"body":"There are 2000 islands globally"},{"speaker":"Jan Skjoldhammer","startTime":2082.841,"endTime":2087.634,"body":"that mostly run on diesel and PVs."},{"speaker":"Jan Skjoldhammer","startTime":2087.674,"endTime":2090.834,"body":"And they also are of course interested"},{"speaker":"Jan Skjoldhammer","startTime":2087.674,"endTime":2090.834,"body":"in having clean energy because they"},{"speaker":"Jan Skjoldhammer","startTime":2090.834,"endTime":2094.794,"body":"are seeing perhaps more than others,"},{"speaker":"Jan Skjoldhammer","startTime":2090.834,"endTime":2094.794,"body":"the, the, the, the hurricanes and"},{"speaker":"Jan Skjoldhammer","startTime":2094.884,"endTime":2096.084,"body":"the rising sea levels coming in."},{"speaker":"Jan Skjoldhammer","startTime":2096.834,"endTime":2098.674,"body":"And so that's a turnkey."},{"speaker":"Jan Skjoldhammer","startTime":2099.064,"endTime":2103.924,"body":"And it's also B of O built on"},{"speaker":"Jan Skjoldhammer","startTime":2099.064,"endTime":2103.924,"body":"operate because later on, we will"},{"speaker":"Jan Skjoldhammer","startTime":2103.924,"endTime":2107.324,"body":"see that the, we're starting at then"},{"speaker":"Jan Skjoldhammer","startTime":2103.924,"endTime":2107.324,"body":"around 20 cents per kilowatt hour."},{"speaker":"Jan Skjoldhammer","startTime":2107.8540000000003,"endTime":2111.544,"body":"But after 200 units, we're"},{"speaker":"Jan Skjoldhammer","startTime":2107.8540000000003,"endTime":2111.544,"body":"coming down to a half of that"},{"speaker":"Jan Skjoldhammer","startTime":2111.764,"endTime":2112.724,"body":"because of the learning curve."},{"speaker":"Jan Skjoldhammer","startTime":2113.544,"endTime":2118.414,"body":"That's 10 times quicker than, than,"},{"speaker":"Jan Skjoldhammer","startTime":2113.544,"endTime":2118.414,"body":"than wind power and, and sun power did."},{"speaker":"Jan Skjoldhammer","startTime":2118.974,"endTime":2123.064,"body":"They needed more than, you know, 13"},{"speaker":"Jan Skjoldhammer","startTime":2118.974,"endTime":2123.064,"body":"times more deploy capacity before"},{"speaker":"Jan Skjoldhammer","startTime":2123.064,"endTime":2124.514,"body":"they came to the same cost level."},{"speaker":"Jan Skjoldhammer","startTime":2125.3540000000003,"endTime":2128.8540000000003,"body":"So in that case, you could have a"},{"speaker":"Jan Skjoldhammer","startTime":2125.3540000000003,"endTime":2128.8540000000003,"body":"hundred percent profit per kilowatt"},{"speaker":"Jan Skjoldhammer","startTime":2128.8540000000003,"endTime":2130.654,"body":"hour in theory, at least for that."},{"speaker":"Jan Skjoldhammer","startTime":2130.664,"endTime":2133.944,"body":"So it's important also to own"},{"speaker":"Jan Skjoldhammer","startTime":2130.664,"endTime":2133.944,"body":"ourself might not come first."},{"speaker":"Jan Skjoldhammer","startTime":2134.304,"endTime":2137.814,"body":"And then you have the partnership"},{"speaker":"Jan Skjoldhammer","startTime":2134.304,"endTime":2137.814,"body":"working with partners also for production"},{"speaker":"Jan Skjoldhammer","startTime":2138.194,"endTime":2142.3540000000003,"body":"and they can have their own build on"},{"speaker":"Jan Skjoldhammer","startTime":2138.194,"endTime":2142.3540000000003,"body":"operate, and then you have licensing."},{"speaker":"Jan Skjoldhammer","startTime":2142.654,"endTime":2148.244,"body":"Because we can build perhaps 50, 100, 200"},{"speaker":"Jan Skjoldhammer","startTime":2142.654,"endTime":2148.244,"body":"per year in our production line coming up."},{"speaker":"Jan Skjoldhammer","startTime":2149.299,"endTime":2154.4790000000003,"body":"But if you have 10 or 20 licensees"},{"speaker":"Jan Skjoldhammer","startTime":2149.299,"endTime":2154.4790000000003,"body":"around the world doing the same, you"},{"speaker":"Jan Skjoldhammer","startTime":2154.4790000000003,"endTime":2161.809,"body":"know, production, perhaps costing just"},{"speaker":"Jan Skjoldhammer","startTime":2154.4790000000003,"endTime":2161.809,"body":"100k per unit in license fee, then those"},{"speaker":"Jan Skjoldhammer","startTime":2161.889,"endTime":2167.099,"body":"companies can help us deploy in thousands"},{"speaker":"Jan Skjoldhammer","startTime":2161.889,"endTime":2167.099,"body":"of units over the coming decades."},{"speaker":"Jan Skjoldhammer","startTime":2167.419,"endTime":2170.0190000000002,"body":"That's how we make a big"},{"speaker":"Jan Skjoldhammer","startTime":2167.419,"endTime":2170.0190000000002,"body":"difference for the climate change."},{"speaker":"Jan Skjoldhammer","startTime":2170.549,"endTime":2171.189,"body":"That's my goal."},{"speaker":"Jan Skjoldhammer","startTime":2171.7690000000002,"endTime":2175.169,"body":"I do this 60%, I say, for the"},{"speaker":"Jan Skjoldhammer","startTime":2171.7690000000002,"endTime":2175.169,"body":"climate change to mitigate."},{"speaker":"Jan Skjoldhammer","startTime":2175.169,"endTime":2179.109,"body":"I'm not a young man anymore, so"},{"speaker":"Jan Skjoldhammer","startTime":2175.169,"endTime":2179.109,"body":"it's, it's not the other motivation."},{"speaker":"Jan Skjoldhammer","startTime":2179.149,"endTime":2180.309,"body":"Let's have it 20% for the money."},{"speaker":"Jan Skjoldhammer","startTime":2180.309,"endTime":2180.679,"body":"Fine."},{"speaker":"Jan Skjoldhammer","startTime":2181.109,"endTime":2185.829,"body":"Good for my, my, my, my children and"},{"speaker":"Jan Skjoldhammer","startTime":2181.109,"endTime":2185.829,"body":"20% because I like doing a project."},{"speaker":"Jan Skjoldhammer","startTime":2185.829,"endTime":2187.869,"body":"I think it's just fun to"},{"speaker":"Jan Skjoldhammer","startTime":2185.829,"endTime":2187.869,"body":"be, you know, entrepreneur."},{"speaker":"Tom Raftery","startTime":2189.779,"endTime":2190.079,"body":"Nice."},{"speaker":"Tom Raftery","startTime":2191.109,"endTime":2193.589,"body":"Jan, we're coming towards"},{"speaker":"Tom Raftery","startTime":2191.109,"endTime":2193.589,"body":"the end of the podcast now."},{"speaker":"Tom Raftery","startTime":2193.589,"endTime":2198.559,"body":"Is there any question that I have not"},{"speaker":"Tom Raftery","startTime":2193.589,"endTime":2198.559,"body":"asked that you wish I had or any aspect of"},{"speaker":"Tom Raftery","startTime":2198.559,"endTime":2201.649,"body":"this we haven't touched on that you think"},{"speaker":"Tom Raftery","startTime":2198.559,"endTime":2201.649,"body":"it's important for people to be aware of?"},{"speaker":"Jan Skjoldhammer","startTime":2204.059,"endTime":2207.799,"body":"I think we have"},{"speaker":"Jan Skjoldhammer","startTime":2204.059,"endTime":2207.799,"body":"touched upon the, the main areas."},{"speaker":"Jan Skjoldhammer","startTime":2207.889,"endTime":2213.886,"body":"One more philosophical thing is"},{"speaker":"Jan Skjoldhammer","startTime":2207.889,"endTime":2213.886,"body":"that, yes, wind power and sun power"},{"speaker":"Jan Skjoldhammer","startTime":2214.226,"endTime":2219.596,"body":"is large right now because they"},{"speaker":"Jan Skjoldhammer","startTime":2214.226,"endTime":2219.596,"body":"came first basically by accident."},{"speaker":"Jan Skjoldhammer","startTime":2219.706,"endTime":2225.106,"body":"I had this in my drawer, you know,"},{"speaker":"Jan Skjoldhammer","startTime":2219.706,"endTime":2225.106,"body":"since I was 25 and it could have been"},{"speaker":"Jan Skjoldhammer","startTime":2226.006,"endTime":2227.776,"body":"same as wind power today, possibly."},{"speaker":"Jan Skjoldhammer","startTime":2228.276,"endTime":2232.356,"body":"So wind power came first before us."},{"speaker":"Jan Skjoldhammer","startTime":2232.866,"endTime":2235.266,"body":"It doesn't necessarily"},{"speaker":"Jan Skjoldhammer","startTime":2232.866,"endTime":2235.266,"body":"mean that it's better."},{"speaker":"Jan Skjoldhammer","startTime":2236.966,"endTime":2237.766,"body":"It was just first."},{"speaker":"Jan Skjoldhammer","startTime":2237.776,"endTime":2242.866,"body":"So time will show I think we have a good"},{"speaker":"Jan Skjoldhammer","startTime":2237.776,"endTime":2242.866,"body":"chance of, being better in many ways."},{"speaker":"Jan Skjoldhammer","startTime":2242.936,"endTime":2245.576,"body":"The sense is, of course, working"},{"speaker":"Jan Skjoldhammer","startTime":2242.936,"endTime":2245.576,"body":"together, the, the energy mix."},{"speaker":"Jan Skjoldhammer","startTime":2246.446,"endTime":2251.276,"body":"And then of course, since we use"},{"speaker":"Jan Skjoldhammer","startTime":2246.446,"endTime":2251.276,"body":"less material per unit, our, our"},{"speaker":"Jan Skjoldhammer","startTime":2251.286,"endTime":2256.276,"body":"climate impact, you know, the,"},{"speaker":"Jan Skjoldhammer","startTime":2251.286,"endTime":2256.276,"body":"the amount of emissions, the"},{"speaker":"Jan Skjoldhammer","startTime":2256.466,"endTime":2258.366,"body":"life cycle emissions is lower."},{"speaker":"Jan Skjoldhammer","startTime":2258.856,"endTime":2264.986,"body":"So for you know, every unit per year"},{"speaker":"Jan Skjoldhammer","startTime":2258.856,"endTime":2264.986,"body":"will produce a savings on the climate for"},{"speaker":"Jan Skjoldhammer","startTime":2265.0660000000003,"endTime":2268.756,"body":"about 500 tons of CO2 per unit per year."},{"speaker":"Jan Skjoldhammer","startTime":2269.326,"endTime":2272.016,"body":"And the emissions, the life"},{"speaker":"Jan Skjoldhammer","startTime":2269.326,"endTime":2272.016,"body":"cycle emissions is a 7%."},{"speaker":"Jan Skjoldhammer","startTime":2273.321,"endTime":2278.381,"body":"of the European Union's, you know, average"},{"speaker":"Jan Skjoldhammer","startTime":2273.321,"endTime":2278.381,"body":"emission per megawatt hour, including"},{"speaker":"Jan Skjoldhammer","startTime":2278.721,"endTime":2282.741,"body":"all the wind power and solar power"},{"speaker":"Jan Skjoldhammer","startTime":2278.721,"endTime":2282.741,"body":"or renewables and hydropower plants."},{"speaker":"Jan Skjoldhammer","startTime":2283.141,"endTime":2284.851,"body":"So because of the lightweight and so."},{"speaker":"Jan Skjoldhammer","startTime":2285.111,"endTime":2290.371,"body":"So by, you know, having a very short"},{"speaker":"Jan Skjoldhammer","startTime":2285.111,"endTime":2290.371,"body":"carbon payback time, we can make"},{"speaker":"Jan Skjoldhammer","startTime":2290.371,"endTime":2292.111,"body":"a huge difference for the climate."},{"speaker":"Jan Skjoldhammer","startTime":2292.241,"endTime":2296.371,"body":"Other systems require more years to go"},{"speaker":"Jan Skjoldhammer","startTime":2292.241,"endTime":2296.371,"body":"break, even if they even can do that."},{"speaker":"Jan Skjoldhammer","startTime":2296.381,"endTime":2300.771,"body":"So that's also important for the"},{"speaker":"Jan Skjoldhammer","startTime":2296.381,"endTime":2300.771,"body":"ones that, you know, think more"},{"speaker":"Jan Skjoldhammer","startTime":2300.771,"endTime":2302.001,"body":"than just on the business side."},{"speaker":"Jan Skjoldhammer","startTime":2302.4410000000003,"endTime":2306.331,"body":"We can do something, you know, important"},{"speaker":"Jan Skjoldhammer","startTime":2302.4410000000003,"endTime":2306.331,"body":"also for the climate in having less"},{"speaker":"Jan Skjoldhammer","startTime":2306.331,"endTime":2308.9210000000003,"body":"emissions per unit for lifetime."},{"speaker":"Jan Skjoldhammer","startTime":2309.021,"endTime":2313.571,"body":"And also if I might add, the lifetime"},{"speaker":"Jan Skjoldhammer","startTime":2309.021,"endTime":2313.571,"body":"we're aiming for is 40 plus years."},{"speaker":"Tom Raftery","startTime":2315.741,"endTime":2316.271,"body":"Impressive."},{"speaker":"Tom Raftery","startTime":2316.721,"endTime":2319.051,"body":"Jan that's been fascinating."},{"speaker":"Tom Raftery","startTime":2319.051,"endTime":2322.141,"body":"If people would like to know"},{"speaker":"Tom Raftery","startTime":2319.051,"endTime":2322.141,"body":"more about yourself or any of the"},{"speaker":"Tom Raftery","startTime":2322.151,"endTime":2324.351,"body":"things we talked about today, where"},{"speaker":"Tom Raftery","startTime":2322.151,"endTime":2324.351,"body":"would you have me direct them?"},{"speaker":"Jan Skjoldhammer","startTime":2326.061,"endTime":2330.521,"body":"It could be of course,"},{"speaker":"Jan Skjoldhammer","startTime":2326.061,"endTime":2330.521,"body":"to our homepage, just Google Novi Ocean in"},{"speaker":"Jan Skjoldhammer","startTime":2330.521,"endTime":2332.931,"body":"one word and you will find the homepage."},{"speaker":"Jan Skjoldhammer","startTime":2333.411,"endTime":2338.631,"body":"We have everything on it,  the"},{"speaker":"Jan Skjoldhammer","startTime":2333.411,"endTime":2338.631,"body":"simulations, the data, the output the"},{"speaker":"Jan Skjoldhammer","startTime":2338.631,"endTime":2344.271,"body":"presentation, even the business plan"},{"speaker":"Jan Skjoldhammer","startTime":2338.631,"endTime":2344.271,"body":"is presently on the webpage and also if"},{"speaker":"Jan Skjoldhammer","startTime":2344.271,"endTime":2349.351,"body":"someone is, is more serious in, in, in"},{"speaker":"Jan Skjoldhammer","startTime":2344.271,"endTime":2349.351,"body":"perhaps investigating how we can help"},{"speaker":"Jan Skjoldhammer","startTime":2349.351,"endTime":2353.051,"body":"them on the business side, most welcome"},{"speaker":"Jan Skjoldhammer","startTime":2349.351,"endTime":2353.051,"body":"to contact me personally on LinkedIn."},{"speaker":"Jan Skjoldhammer","startTime":2353.4410000000003,"endTime":2356.001,"body":"And there's also many posts that"},{"speaker":"Jan Skjoldhammer","startTime":2353.4410000000003,"endTime":2356.001,"body":"of course they can read about and"},{"speaker":"Jan Skjoldhammer","startTime":2356.001,"endTime":2358.341,"body":"they can even see this interview"},{"speaker":"Jan Skjoldhammer","startTime":2356.001,"endTime":2358.341,"body":"coming up in a while on LinkedIn."},{"speaker":"Jan Skjoldhammer","startTime":2359.361,"endTime":2362.241,"body":"So, welcome to have a chat"},{"speaker":"Jan Skjoldhammer","startTime":2359.361,"endTime":2362.241,"body":"and and we have time for that."},{"speaker":"Jan Skjoldhammer","startTime":2362.251,"endTime":2364.801,"body":"And I do enjoy talking"},{"speaker":"Jan Skjoldhammer","startTime":2362.251,"endTime":2364.801,"body":"business with, anyone."},{"speaker":"Tom Raftery","startTime":2365.496,"endTime":2365.926,"body":"Perfect."},{"speaker":"Tom Raftery","startTime":2366.036,"endTime":2366.2960000000003,"body":"Perfect."},{"speaker":"Tom Raftery","startTime":2366.306,"endTime":2366.486,"body":"Great."},{"speaker":"Tom Raftery","startTime":2366.486,"endTime":2368.446,"body":"I'll put those links in the"},{"speaker":"Tom Raftery","startTime":2366.486,"endTime":2368.446,"body":"show notes as well, Jan, so"},{"speaker":"Tom Raftery","startTime":2368.446,"endTime":2369.676,"body":"that people can find them there."},{"speaker":"Tom Raftery","startTime":2370.426,"endTime":2370.946,"body":"Super."},{"speaker":"Tom Raftery","startTime":2371.0660000000003,"endTime":2372.116,"body":"Jan, that's been fascinating."},{"speaker":"Tom Raftery","startTime":2372.116,"endTime":2373.946,"body":"Thanks a million for coming"},{"speaker":"Tom Raftery","startTime":2372.116,"endTime":2373.946,"body":"on the podcast today."},{"speaker":"Jan Skjoldhammer","startTime":2375.306,"endTime":2376.306,"body":"Thank"},{"speaker":"Jan Skjoldhammer","startTime":2375.306,"endTime":2376.306,"body":"you, Tom, for having me."},{"speaker":"Jan Skjoldhammer","startTime":2376.356,"endTime":2376.8360000000002,"body":"A pleasure."},{"speaker":"Tom Raftery","startTime":2377.732,"endTime":2379.622,"body":"Okay, we've"},{"speaker":"Tom Raftery","startTime":2377.732,"endTime":2379.622,"body":"come to the end of the show."},{"speaker":"Tom Raftery","startTime":2380.312,"endTime":2381.452,"body":"Thanks everyone for listening."},{"speaker":"Tom Raftery","startTime":2382.292,"endTime":2385.202,"body":"If you'd like to know more about"},{"speaker":"Tom Raftery","startTime":2382.292,"endTime":2385.202,"body":"the Climate Confident podcast,"},{"speaker":"Tom Raftery","startTime":2385.382,"endTime":2391.112,"body":"feel free to drop me an email"},{"speaker":"Tom Raftery","startTime":2385.382,"endTime":2391.112,"body":"to Tom raftery@outlook.com."},{"speaker":"Tom Raftery","startTime":2391.6820000000002,"endTime":2394.112,"body":"Or message me on LinkedIn or Twitter."},{"speaker":"Tom Raftery","startTime":2394.676,"endTime":2398.396,"body":"If you like the show, please, don't"},{"speaker":"Tom Raftery","startTime":2394.676,"endTime":2398.396,"body":"forget to click follow on it in your"},{"speaker":"Tom Raftery","startTime":2398.396,"endTime":2402.926,"body":"podcast application of choice to get new"},{"speaker":"Tom Raftery","startTime":2398.396,"endTime":2402.926,"body":"episodes as soon as they're published."},{"speaker":"Tom Raftery","startTime":2403.556,"endTime":2406.496,"body":"Also, please don't forget to"},{"speaker":"Tom Raftery","startTime":2403.556,"endTime":2406.496,"body":"rate and review the podcast."},{"speaker":"Tom Raftery","startTime":2406.706,"endTime":2409.406,"body":"It really does help new"},{"speaker":"Tom Raftery","startTime":2406.706,"endTime":2409.406,"body":"people to find the show."},{"speaker":"Tom Raftery","startTime":2410.306,"endTime":2412.346,"body":"Thanks, catch you all next time."}]}