Supporting Ireland’s Indigenous Ocean Energy Sector

1. Supporting Ireland’s Indigenous Ocean Energy Sector County Mayor’s Conference March, 2011 Tom Kelly

2. Harnessing Natural Resource Potential from offshore wind & wave– one of Europe’s richest resources Opportunity for X,000 jobs Building on Existing Capability Software, Electronics, Construction, Services & Engineering Developing New Capabilities O&M services R&D products – Control systems, Composite Materials, Electrical/Electronic, Software….. Ireland’s Opportunity

3. Global Opportunity • Worldwide - offshore wind to grow p.a. by 92% to 79GW by 2015 • Europe - Potential to supply all of Europe’s Electricity needs 7 times over & Offshore to grow to 19GW by 2015 • US – Potential 1,000GW off Atlantic coast (Cape Wind farm approved- 420MW) • Asia – offshore wind to grow from 100MW to 10GW by 2015 The immediate opportunity….. • UK – offshore plans for Rounds 1,2& 3 is 47 GW, £96bn investment (Arklow Bank @ 25MW = 1,900 Arklow Bank Wind Farms) …Ireland – we have the best wind resource in Europe…

4. Enterprise Ireland Support • Start-up Activity • Growing Companies • Direct Financial & Investor Support • Internationalisation • Management/Skills Development • R&D / Technology Development • Partnering/Collaborating – technology / business development

5. What we are looking for… • Industry Relevant Research • Industry Driven Research • Industry Led Research

6. Support for the Energy SectorResearch and Innovation • Commercialisation Fund • Academic proposals • Industry-Led Research: Projects / Programmes / Competence Centres • Industry proposals, research with academia • Commercialisation Development Managers • Commercialisation from Large Research Centres • Applied Research Enhancement • Research in Institutes of Technology (IOT) • Technology Transfer Offices • Strengthen Technology Transfer in Universities and IOTs • Innovation Vouchers • Small Industry • Innovation partnerships • Collaborative Research • R&D Fund • In company R&D support

7. We want to see.. • Break-though products & processes for companies • Higher export levels, spin-offs, patents & licences • Increased company expenditure typically leveraging other funding streams on more relevant R&D • Increased company involvement, two-way transfer of knowledge between markets and research community, trained researchers transferring to industry with improved skills and networks.

8. Marine Renewables Activity • Early Stage Research –Proof of Concept • Device Developers • OpenHydro, Aquamarine Power, Wavebob, Ocean Energy, Seapower, Cyan, CETO, JOSPA, etc. • Supply Chain • Lotus, Sisk, Fehily Timoney, Arup, Techworks, Mainport / Lotus / Jennings / O’Brien etc • Trade Missions / Study Visits

9. Marine Energy Device Developers CETO Cyan Houston Jospa Key Engineering Services Ocean Energy Ltd.

10. OpenHydro • Field trials Bay of Fundy • Progressing tidal device array off Brittany Ocean Energy • ¼ scale device to be tested with new turbine arrangement in Galway Bay in Spring (CORES) Wavebob • ¼ scale device to be tested with vent tank in Galway Bay in Summer

11. Concept proving • proof of concept • early R&D work • often university based • some software simulation • preliminary economic study • Scale prototyping • temporary offshore installation • usually not grid connected • test of performance and survivability • economic study • Initial prototyping • lab based testing • some in-water proof of concept • software simulation • not capital intensive • Pre-Commercial • often permanently grid connected • project development still led by technology developer • high levels of finance • Full-Scale prototyping • sometimes grid connected • demonstrates installation & operation • financing essential • many fail to reach this stage • Commercial installation • major project for end client • most will be arrays Concept to Commercialisation

12. Typical support path Concept proving OEDU concept funding EI Innovation voucher EI Innovation partnership EI Feasibility Initial prototyping OEDU funding EI Innovative HPSU funding EI R&D fund EI Innovation partnership 3rd Party investment

13. Scale prototyping OEDU funding EI Innovative HPSU funding 3rd Party investment EI R&D fund EI Commercialisation EI Innovation partnership Full Scale prototyping 3rd Party investment OEDU funding EI R&D fund EI Innovation partnership EI Innovative HPSU funding

14. Pre-commercial 3rd Party investment EU funding (i.e. NER300) EI Investment (mixed package) EI R&D fund EI Innovation partnership Soft supports Commercial 3rd Party investment EI Investment (mixed package) EI R&D fund Soft supports

17. www.enterprise-ireland.com

18. Support Events • An Ireland Pavilion at “All Energy 2011” Exhibition and Conference, Aberdeen May 18th – 19th. • “Scottish Renewables Opportunities” for Irish Companies – A Seminar in enterprise Ireland on Thursday 21st April, 2011 • Understand the opportunities • Focus on supply chain gaps • How procurement works in large renewables projects • How to develop sales and marketing strategies • Speakers incl. Eimear Cahlin (Mainstream Renewables), Paul Cooley (SSE Renewables), Clare Lavelle (EDP Renovaveis) • Workshops on Value Proposition and Sales Pipeline Management • International Cleantech Partnering – international buyers meting clients in Ireland. (November)

19. Marine Renewables Enterprise Ireland Joe Madden: Manager Electronics & Cleantech Karen Conroy: Senior Development Advisor, Energy Efficiency Renewables Brendan Dollard: Senior Technologist, Energy Efficiency & Renewables Michael Friel: Senior Development Advisor - HPSU Liam Sweeney: Senior Commercialisation Specialist Paul Butler: Senior Commercialisation Specialist

20. Thank You tom.kelly@enterprise-ireland.com