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     Able Technologies, L.L.C. is a research and development company whose endeavors advance renewable, non-polluting, electrical power generation. The basis for the business is a newly patented renewable energy technology that harnesses ocean waves as a non-polluting and endless source of electric power.

     Able Technologies, L.L.C. (AT) is a research and development company whose efforts advance renewable, non-polluting electrical power generation. The basis for the business is a newly patented renewable energy technology that harnesses ocean waves as a non-polluting, endless, renewable, source of electric power. This effort has global implications in that it has been estimated that the present world demand for energy would be satisfied if less than 0.02% of the renewable energy available within the oceans could be converted to electricity. Able Technologies's patented device requires no fuel or emission retrofit. There are no hydrocarbon, particulate, CO, SO2, or nitric oxide pollutant waste streams.

     Our best estimates indicate a potential market for AT's Electric Generating Wave Pipe (EGWaP) of 123,000 units, with a combined generating capacity of over 48,000,000 kW (48,000 MW). This is equal to about 120 average sized U.S. fossil fueled power plants. Cost per kilowatt is expected to be competitive and potentially cheaper than conventional energy, and is definitely cleaner. The EGWaP was awarded U.S. Patent number 6,476,512 on November 5, 2002. Some of the key features of the patented device include:

  • efficient conversion of ocean wave motion to electrical energy
  • flexibility in locating device singly or in clusters
  • slim profile and above water mechanism to simplify maintenance
  • suitability for siting in conjunction with near shore wind turbines
  • ability to operate in oceans around the world
  • suitability for cost effective mass production in several output ratings

     Currently, there are no major competitive products on the market. However, numerous designs for wave energy conversion are in various stages of development and testing throughout the world. We believe the EGWaP to be a superior, more durable design. Our projections are based on capturing only a small portion of the total future market.

     Funding to date has been by in-house resources without accruing any debt. Further funding requirements to reach a position of optimum marketability of the company are identified herein. It is reasonable to expect that demand will be substantial for this cost effective, secure, non-polluting, electric generating technology.
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Copyright © 2005 Able Technologies, L.L.C. All rights reserved.
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