Public Funding for Aeon Energy Ltd

With the increasing demand for clean energy in island nations to achieve the ambitious decarbonisation goals for a net-zero future, where limited land availability poses a significant challenge for onshore renewable solutions, our ocean-based technology provides a game-changing solution that also tackles the challenges in offshore renewables deployment. Our innovative wave energy solution is designed to work seamlessly with existing floating wind systems, delivering clean, reliable, and affordable energy to land-constrained island nations facing energy access and energy equality challenges. Combining wind and wave power optimises energy production, reducing overall costs. This cost-effectiveness makes clean energy accessible to a wider population, helping bridge the energy gap and promoting equality among communities. This compatibility also allows for efficient use of infrastructure and capitalises on established offshore wind installations. We maximise efficiency and minimise installation and maintenance costs by leveraging these synergies. We are also committed to minimising the environmental impact associated with energy production. Our wave technology harnesses the power of nature without disturbing marine ecosystems, ensuring a harmonious coexistence between renewable energy generation and marine life preservation. By deploying our wave technology alongside floating wind systems, island nations can overcome energy challenges and pave the way for a cleaner and more sustainable future. Our solution brings a transformative change, empowering communities and contributing to a more equitable and environmentally conscious world.

In response to the increasing demand for reliable and sustainable clean energy solutions in densely populated urban areas, where the scarcity of land poses a significant challenge for onshore renewables, AEON Energy and Ocean Pixel have collaborated to introduce a pioneering floating hybrid renewables solution. Utilizing advanced Industry 4.0 Technologies, including Artificial Intelligence and marine Big Data, our joint effort aims to unlock the vast potential of offshore energy. AEON's inventive solar+tidal energy solution is tailored for regions with narrow tidal ranges, where conventional tidal energy technology faces limitations, providing clean, reliable, and cost-effective energy. The integration of solar and tidal power optimizes energy production, resulting in reduced overall costs. Ocean Pixel's innovative web-integrated data platform -- BlueOS -- enables real-time Blue Inventory Management, efficient Marine Spatial Planning, and strategic planning of renewable energy projects within the marine environment. This is achieved through the utilization of spatial intelligence derived from maps, satellite imagery, third-party APIs, real-time telemetry streams, and crowdsourced data. The platform facilitates the development of offshore renewable energy in any region by optimizing project location, ensuring cost-effective and time-saving decisions for offshore renewable promoters while minimizing environmental and ecological impacts on the ocean. This comprehensive approach ensures a broader impact on the development of a sustainable Blue Economy.

AEON - Development of the next-generation floating hybrid energy platform for island communities