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Agenda

Marine renewable energy – A business and LEP perspective Nick Ames – Managing Director, Supacat/ LEP Board member 19 February 2013. Agenda. Supacat Why Renewable energy? LEP and Low Carbon initiatives. 1981-1996 – The beginning. 1997-2004 – HMT launched. 2004-2013- Diversification.

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Agenda

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  1. Marine renewable energy – A business and LEP perspectiveNick Ames – Managing Director, Supacat/ LEP Board member19 February 2013

  2. Agenda • Supacat • Why Renewable energy? • LEP and Low Carbon initiatives

  3. 1981-1996 – The beginning 1997-2004 – HMT launched 2004-2013- Diversification Heritage

  4. Business Process Opportunity and concept development Turning Concepts into Reality Delivering Reality Supporting the Customer Support Processes

  5. Agenda • Supacat • Why Renewable energy? • LEP and Low Carbon initiatives

  6. Diversification • Desire to make sure the business has a sustainable platform for the future • ”Renewable energy – without the hot air” – S MacKay • Desire to play a greater role in the region • Identification of good partners to assist, Regen SW and MEM • Long process and needs patience, but so does oil & gas • There is a requirement for new skills • Geography degree

  7. SW England – A great place for offshore renewable energy……. • Peninsula location • Port assets – Plymouth, Bristol, Falmouth, Appledoreand others • Universities with Marine and Engineering specialisms • Wave Hub – a unique asset • Grid connections – net importer • Coastal experience • SW Marine Energy Park • Location of UK’s first windfarm • Low carbon communities • MET office • Engineering supply chain

  8. The SW Offshore Renewable Energy resource bed Wave WInd Tidal Source data: ORRAD report, 2010

  9. Agenda • Supacat • Why renewable energy? • LEP and Low Carbon initiatives

  10. Benefits to the SW of Offshore Renewable Energy • Sustainable jobs

  11. South West Capital Expenditure 2015- 2030 £3.5 Billion SW Capex spend on offshore renewable energy by 2030 Source: ORRAD 2010

  12. SW Operational Expenditure 2015 - 2030 Over £350m per annum by 2030 Source: ORRAD 2010

  13. GVA (Value Add) to the Economy £4.8bn GVA by 2030 Source: ORRAD 2010

  14. South West Jobs – all technologies Over 80% wind related O&M Over 5,000 O&M posts by 2030 Source: ORRAD 2010

  15. Low Carbon Special Interest Group • Now established with remit to: • “.. involve and work with partners in the public and private sector,  organisations such as Regen SW and Institution of Civil Engineers to define our position, shape our policy, and enable progress towards the first low carbon LEP by capturing funding for the region’s projects” • Region holds many Low Carbon energy programmes, such as: Hinkley Point, Atlantic Array, Cranbrook housing heating, Numerous Waste to Energy programmes, Langridge Bio

  16. Summary • South West is well served with good SME businesses • Offshore renewables offers the chance for these to buy into a global industry at the outset • The SW is well served with support organisations and we should support them • KEY POINTS • Low cost • Collaborate • Innovative

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