2023 Risk Management Plan and Register for Low-Power WEC for Non-Grid Applications

This is an updated risk management plan and risk register for the design, build and test of a novel, remote, low-power wave energy converter (WEC) for non-grid applications. This Columbia Power Technologies project seeks to develop a prototype low-power WEC that lowers the total cost of ownership and provides robust, new capabilities for customers in the maritime environment. The testing location for this prototype is the U.S. Navy Wave Energy Test Site (WETS) in Kaneohe Bay, O'ahu, Hawai'i. Detailed in the Risk Management Plan document is a Failure Modes, Effects, and Criticality Analysis (FMEC) that systematically identifies all potential failure modes and their effects on the system. Risk registers for major subsystems were completed according to the methodology described in the Risk Management Plan and are also included here.