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Ocean Energy: European Industrial Initiative Alla Weinstein, President

Ocean Energy: European Industrial Initiative Alla Weinstein, President. Outline. EU Ocean Energy Resource Potential State of the Art Sector Needs Synergies with other Sectors European Industrial Initiative. Ocean Energy Resources. EU Ocean Energy Potential.

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Ocean Energy: European Industrial Initiative Alla Weinstein, President

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  1. Ocean Energy: European Industrial Initiative Alla Weinstein, President

  2. Outline • EU Ocean Energy Resource Potential • State of the Art • Sector Needs • Synergies with other Sectors • European Industrial Initiative European Maritime Day

  3. Ocean Energy Resources European Maritime Day

  4. EU Ocean Energy Potential Source: Calculations based on the UK MARKAL model. Reference: EU consumed 2,926 TWh in 2007 European Maritime Day

  5. State of the Art • Early Commercialization • Large scale pilot/prototype installations • A number of test sites available in EU • Large utilities are now involved: • E.ON, RWE, EDP, EDF, Iberdrola, Dong Energy, Statkraft, Vatenfall European Maritime Day

  6. Installed Capacity in Europe • Wave ~ 3.15 MW • Pico, Azores, PT – 0.4 MW • Limpet, Islay, UK – 0.5 MW • Pelamis, PT – 2.25 MW • Tidal ~ 241 MW • Barrage – 240MW La Rance, FR; • Current – 1MW (MCT) IE; European Maritime Day

  7. Oscillating Water Column PICO Plant, Portugal 1999, 400kW LIMPET, Wavegen, UK 2000, 500kW OE Buoy, Ireland 2006, 20 KW European Maritime Day

  8. Offshore Wave - Surface Pelamis, PT 2008, 3x750kW WaveDragon, Denmark 2003, 20kW European Maritime Day

  9. Offshore Wave – Point Absorbers Power Buoy, Spain 40kW Wavebob, Ireland 2006, 200kW European Maritime Day

  10. Tidal Range – La Rance, France European Maritime Day

  11. Tidal Current Devices MTC, 2006, UK Open Hydro, 2007, UK (EMEC) European Maritime Day

  12. Osmotic Energy StatKarft, Norway (randition) European Maritime Day

  13. Implementation Scenarious Scenario A - accelerated development rate, with other technologies developing in a “business as usual” manner. Scenario B - all generation technologies are accelerated development European Maritime Day

  14. Sector Needs • Economic Incentives • Long-term feed-in tariffs have proven to work • Electrical Grid Access and Availability • A major expansion factor • Regulatory Framework • Standardization is required • Availability of Resource Data • Public Awareness European Maritime Day

  15. Policies Support Growth European Maritime Day

  16. Path to Maturity • Technology pull • Private investors are looking for: • Government support to offset initial risks • Feed-in tariffs • Long-term power purchase obligations • Investor incentives • Funding needs to concentrate on demonstration projects European Maritime Day

  17. Synergies with Offshore Technologies • Offshore Wind • Floating support structures • Hybrid devices – wind/wave/tidal • Desalinization • Hydrogen Production • Aquaculture • Bio-fuels from algae European Maritime Day

  18. SET Plan - European Industrial Initiative • European Strategic Technology Plan • Joint Strategic Planning – align technology development with energy policy goals • Effective implementation: • European Industrial Initiatives: strategic technology alliances • Strengthening European energy research capacities – European Energy Research Alliance • Trans-European Energy Networks and Systems of the Future – transition planning European Maritime Day

  19. Principles of EU Industrial Initiative • Led by industry • GOALS: • Boost research and innovation • Accelerate deployment of technology • Deliver progress beyond business-as-usual • Define & realise clear targets (quantified objective) • Contribute to political goals (energy & climate change) European Maritime Day

  20. Rational for European Initiative • Share risk • High – the EC • Medium – Member states • Lowest - industry • Pool public and private financing • Foster public–private partnership • Leverage additional resources European Maritime Day

  21. EuII Workflow • First - decide on the objectives! • Structure & finances based on the objectives and activities • Timeline for setting up the EII: 1 – 3 years Objectives Activities Structures Resources European Maritime Day

  22. An Industrial Initiative • Define the objectives - industry & EC • Define the technical content - industry & research • Identify and involve the relevant actors • Identify resources needs • Define the structure for implementation • Endorsement European Maritime Day

  23. Summary • Ocean Energy represents large energy generation potential • Early commercialisation stage • European Industrial Initiative will propel Ocean Energy towards commercial stage European Maritime Day

  24. Contact Information: Tel : +32 (0)2 400 10 40 Fax: +32 (0)2 791 90 00 European Maritime Day

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