Carnegie Clean Energy Limited (ASX: CCE) has confirmed some of the progress made on the CETO technology with Hewlett Packard Enterprise Company (HPE), a multinational Information technology firm with a market cap. of US$20 billion.
Carnegie and HPE have been collaborating since 2020, and the work conducted by the two companies has delivered significant improvements in CETO’s performance, specifically in relation to the technology’s Reinforcement Learning-based controller.
Reinforcement Learning is a type of Artificial Intelligence where the system teaches itself how to operate optimally. The Reinforcement Learning controller can directly learn and apply the optimum response to predicted waves, during operation. In this case, it learns by being rewarded for the electricity it generates from waves, positioning itself to gain more out of each wave.
Together, Carnegie and HPE are building on the 20% power gain reached for the Reinforcement Learning controller, as presented by HPE at NeurIPS in December 2021, a global conference on Neural Information Processing Systems.
HPE Discover is a global business conference unveiling HPE’s vision for the future. With conference registrations exceeding 55,000 business and government participants from around the world, this is a significant opportunity to showcase CETO and the innovative reinforcement learning control being developed collaboratively by the two companies.
Over the next few months, Carnegie will continue to progress CETO via the competitive EuropeWave PCP Programme to validate the technology and support the commercialisation trajectory forward.
** **“The teams at Carnegie and HPE have actively joined forces to pursue this exciting innovation in Reinforcement Learning-based controllers,” CEO, Jonathan Fiévez, said.
“Our partnerships are critical in our pathway to advance and commercialise our technology. HPE is a global multinational company, and for them to be a big supporter of Carnegie, and see what we see in CETO, is a testimony of what we have developed and how together we can revolutionise the control of wave energy converters.”
