Strategic Initiative for Ocean Energy Alex Raventos – WavEC
Background
• Potential contribution of wave & tidal energy to EU energy needs?
• Technology priorities of the sector?
• Commercial competitiveness?
• Status of policy and market conditions?
• Deployment & commercialisation?
SI
OCEAN
This project aims to unite the wave and tidal industry
behind a common agenda for commercialisation – paving
the way for exponential market growth from 2020 to 2050
Areas of work
Resource Assessment
Technology Assessment
Policy Analysis & Market
Deployment
Wave & Tidal Energy Resource Interface
Production Projections (2020 / 2030 / 2050)
Priorities / gaps / barriers Cost of energy assessment
Strategic Technology Agenda
Market Deployment Strategy Policy recommendations
/ Scenarios 2020 / 2030 / 2050
Coordinator Partners
Advisory board + stakeholder engagement
The AB consist of expert representatives from the main target and stakeholders groups
Interviews, consultation process and workshops with very large stakeholder engagement
Partners
Who is our audience?
Governments
Project
developers
Technology
developers Manufacturers
Utilities
Local
authorities
General public
Banks
Equity
investors
Policy
makers
Supply chain
operatives
OEM’s
A. Resource Assessment
Objective To estimate the practically extractable wave and tidal and to understand the potential contribution of wave and tidal energy to EU energy needs.
Key outputs
• EU wave and tidal resource map and interface
• W&T production projections for 2020 – 2050
A. Resource Assessment
SI Ocean wave and tidal resource map and interface
B. Technology Assessment
8
State of the
Art Report
Cost of Energy
Report
Supply Chain
Workshop
Gaps and Barriers
Report
Strategic Technology Agenda
Contribution to Market Deployment
Strategy
B. Technology Assessment: State of the art report
0
2
4
6
8
10
12
14
16
Num
ber
of concepts
develo
ped
Wave and tidal TRL
Wave Tidal
B. Technology Assessment: Cost of energy report
10
Expected LCOE evolution for tidal energy Recommendations on
How to drive LCOE down:
B. Technology Assessment: Gaps and barriers report
Technology themes and activities
Strategic
Technology
Agemda
C. Policy Analysis & Market Deployment
Objective To develop a coherent and succinct agenda for the near-term and longer-term commercial development of Europe’s ocean energy industry Key outputs •Policy Analysis Framework Report (Atlantic Arc) •Market Deployment Strategy
C. Policy Analysis framework report Member State Strategy Political will
U.K. Strategic plans Strong commitment (esp Scotland)
FRANCE Strategic plan
(due 2013)
Est 2012: France Energies Marines
IRELAND Strategic plans Financial constraints & focus on mature tech.
SPAIN National & Basque energy strategy Strong regional commitment & funding
DENMARK No dedicated strategy (Partnership for Wave Energy proposed plan)
Some investment in R&D – component focus
PORTUGAL National energy strategy Financial constraints & focus on mature tech.
C. Policy Analysis framework report
Objective To develop a coherent and succinct agenda for the near-term and longer-term commercial development of Europe’s ocean energy industry Key outputs •Policy Analysis Framework Report (Atlantic Arc) •Market Deployment Strategy
Countries Market pull Technology push
U.K. Approx. £280/MWh (5ROCs @ c. £45/MWh per ROC + wholesale power price)
Draft Strike Price: £305/MWh
MEAD, MRCF, ETI, TSB, Crown Estate (c.£80m)
FRANCE Approx. € 173/MWh €200m Capital support
Estb. FEM (€133m for 10yrs)
IRELAND Proposed but not implemented (€220/MWh)
Prototype Dev. Fund (€10m)
RE RD&D prgm (€3.5m)
SPAIN Moratorium suspending FIT BIMEP / INNPACTO
Ocean Lider (€15m)
DENMARK Approx. € 80/MWh Energinet.dk manages funds
Energy Agreement (£2.9m)
PORTUGAL Scheme halted
(decreasing system starting on €260/MWh)
FAI, QREN (not specific for W&T)
C. Policy Analysis framework report Member State Planning framework Leasing
process Infrastructure
focus
U.K. One-stop-shop
Marine Scotland – EU leader
Crown Estate Grid extension
PORTUGAL Under development
National Maritime Spatial Plan (since 2010)
Multi-agency
Wave Energy Pilot Zone
FRANCE Under development Multi-agency Grid upgrades
IRELAND Review of foreshore consenting regime (since
2010)
Could lead to one-stop-shop
Grid upgrades
SPAIN Complex and confusing Multi-agency
DENMARK Offshore wind one-stop-shop Too early
Final steps
- Hold Workshops with advisory groups on:
-Infrastructure / Finance / Legislation
- Development of production projections 2020/30/50
- Consultation process and publication of:
- Strategic Research Agenda
- Market Deployment Strategy
- SI Ocean ending in June 2014
Coordinator EU-OEA Rue d’Arlon 63-65 B-1040 Brussels
Contact person: Gema San Bruno [email protected]
SI Ocean website: www.si-ocean.eu
Partners Clare HANMER Abbie BADCOCK-BROE Alex RAVENTOS
Technology Strategy Manager European Marine Energy Policy Officer Head of Economics & Industry
[email protected] [email protected] [email protected]
Flemming SCHLÜTTER Davide MAGAGNA Henry JEFFREY
Senior project manager Energy Systems Evaluation Unit – JRC [email protected]
[email protected] [email protected]
Partners & Contact