International and Niche Markets for Wave and Tidal Energy. Neil Ferguson

Similar documents
Marine Energy Supply Chain

Marine Energy industry in Scotland. April 2013

Challenges of up-scaling to a grid connected array. PECC Energy Transition June Arturo Troncoso, Director CWE Chile

ESB Ocean Energy Projects

Wind Mills of the Mind Delivering large scale offshore wind. Andy Kinsella CEO, Offshore November 24th, 2011, Dundalk

Offshore Wind Vessels. Steven Kopits Douglas-Westwood LLC

Alstom Ocean Energy Path towards Industrailsation. Ken Street 18 th April 2013

ASX Announcement. 27 February 2018 CETO Wave Energy Update

Wind and Tidal - Benefits and Opportunities in Australia

Offshore Wind Energy Stringent quality assurance and quality control. Coastal and Freshwater Fast responding and flexible organisation

The transition to sustainable energy

22 November 2016 OFFSHORE WIND EUROPE. Offshore wind smashes $100/MWh. Tom Harries

Technology and innovation challenges for UK Offshore Wind Energy Andrew Scott

The economic value of the EU shipping industry. Andrew P Goodwin

WINDSPEED. Resultat og erfaringer med MSP. 26. september 2013 Hans Chr. Sørensen, SPOK ApS. Contract number: EIE/07/759/S

Taking Stock: Building an Offshore Wind Research Agenda for the U.S. Industry

Floating offshore wind turbines: a key for blue economy and renewable energies

Carnegie Wave Energy Limited

Vestas Capital Markets Day MHI Vestas Offshore Wind A/S

Ocean Energy Policy Brief

OFFSHORE RENEWABLES: COLLABORATING FOR A WINDY AND WET FUTURE?

Ocean Energy in Ireland

Press release LAUNCH. FlanSea WAVE PIONEER Wave energy converter

For personal use only

Israel Innovation Authority

Wind, Wave and Tidal Energy by Hans Chr. Sørensen, Ph.D.

ERP Software Market Research Report- Forecast 2023

Norway s solution: Hywind- world s first full scale floating turbine Dr. Nenad Keseric Asset Manager/Specialist Statoil ASA MPR RE Operations

The Value of Cycle Tourism

BLUE ECONOMY IN THE PACIFIC REGION

Major Issues and Trends Facing the Port and Marine Transportation Industry

About Blue Ocean Strategy

Wind Energy 101 for Southeastern Policy Makers Overview of Wind Energy Development and Potential in the US

The Carnegie Wave Energy CETO Wave Energy Project

Wave Hub Update All Energy 21/22 May Stuart Herbert Commercial Director

Offshore Energy Årsmøde Offshore Wind Energy in Europe

Chlor-Alkali Market Research Report- Forecast to 2022

FINANCING THE ENERGY TRANSITION

Offshore // Marine // Subsea Cable solutions that thrive under pressure

Pacific Rim Coal Marketing

Offshore Wind Energy in Germany Development and Outlook

That is why. April 24, 2008

Resource Guide. Copyright 2017 Institute of Certified Management Accountants. Updated 8/30/17

AUSTRIA CONNECT Bogota, October 9, 2017

ASX Announcement. May 4, Carnegie Wave All Energy Presentation

Opening address for dinner-debate

Wave Energy Policy in Ireland

Marine Renewables Industry Association. Marine Renewables Industry: Requirements for Oceanographic Measurements, Data Processing and Modelling

COMMENTS ON THE INDUSTRIAL POLICY: THE CASE OF TURKEY

Setting the scene The ICT landscape in BRIC countries

Marine Energy. Dr Gareth Harrison University of Edinburgh

The End of Hyper growth: Political and Economic Responses to a Slowing China

Car Production. Brazil Mexico. Production in thousands. Source: AMIA Asociacion Mexicana de la industria automotriz.

Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: 2018 World Market Review and Forecast to 2023

The role of e-bikes in future mobility

China s Industrial Capabilities and Trade

Experience with the design, manufacture, test and commercialisation of the REpower 6M turbine

Scotland s consultancy for sustainable transport.

Trade Growth - Fundamental Driver of Port Operations and Development Strategies

Offshore Wind Energy in Germany

Ocean Wave Technology Street Address:- Suite 4 / 16 Phillimore Street, Fremantle WA 6160.

Whitney Hauslein Global War Wa ming

The Parliamentary Blades Project Newsletter

Scottish Hyperbaric Medical Service Strategic Context and Overview

THE INEVITABLE RIPPLE 2ND OF APRIL TSUNAMI

Report of the Committee to Study Offshore Wind Energy and the Development of Other Ocean Power Technology

Session 18: The new equine economy: growth in new sectors and activities in the 21st Century

ONE NATIONAL PLAN FOR NON-PROFESSIONAL FOOTBALL IN SCOTLAND

OFFSHORE WIND: A CRASH COURSE

The British Marine Industry

POWER YOUR FUTURE Universidade do Algarve - Faro. 7 th September 2007

OUR TRIATHLON VISION

High Speed Rail: Is Liverpool on Track? Frank Rogers - Deputy Chief Executive & Director of Integrated Transport Services, Merseytravel

WESTERMOST ROUGH. OffshOre Wind farm.

Challenges, Prospects & Opportunities. Seychelles Fisheries Sector

Telling Canada s story in numbers Elizabeth Richards Analytical Studies Branch April 20, 2017

wave energy, reloaded series 25 - wave energy converters

The power of the wind

The Rise of China and Breaking out the Middle- Income Trap in Latin America and the Caribbean countries: A New Structural Economics Approach

Callander Mountain Bike Trails Feasibility Study Executive Summary January 2015

ADMINISTRATIVE REPORT

Strategic Plan for Sevens Rugby. September 2006

WAVE HUB. Dr Mike Patching. A Future for Wave Energy in Cornwall. BEng, PhD, CEng, MEI

Global Expansion Guided by Long-term Perspectives and the Made in Toray * Spirit

USJI Event Is the TPP a Source of Cooperation or Conflict?: Japan s Perspective

The outlook: what we know, the known unknowns and the unknown unknowns

Achieving the Sustainable Development Goals In the Islamic Republic of Iran

WINDS OF CHANGE GLOBAL FLEET & MRO MARKET FORECAST

Glasgow 2018 European Championships. Perthshire Tourism Partnership 7 February 2018

Walking and Cycling Action Plan Summary. A Catalyst for Change The Regional Transport Strategy for the west of Scotland

Toray s Global Operations. Share it...

Impacts of the Global Economy on Asia Pacific Travel. 29 June 2007 John Walker

Media, Brands & Marketing and Major Events: essential revenue streams for the business of sport

Energy Security: Markets and Policy

Energy Outlook Global and Domestic Trends and Challenges. Dr. John Caldwell Director of Economics, EEI 1

Tidal Energy from the Severn Estuary: Opportunities and Challenges

Paul Bingham Managing Director, Global Trade and Transportation February 18, 2009

Aggreko International. Kash Pandya Regional Director Aggreko International

ANNUAL REVIEW 2017/18

CIES Football Observatory Monthly Report Issue 31 - January The transfer of footballers: a network analysis. 1. Introduction

Transcription:

International and Niche Markets for Wave and Tidal Energy Neil Ferguson

Scottish Enterprise Scottish Enterprise aims to deliver a significant, lasting effect on the Scottish economy. Our four interconnected drivers of growth We have over 1100 staff and invest around 300m per annum in the Scottish economy.

About Scottish Development International Scottish Development International (SDI) is the specialist trade and investment arm of The Scottish Government, Scottish Enterprise, and Highlands & Islands Enterprise. SDI is the single point of contact for all international business development needs

Scotland Leading the World in Marine Energy European Marine Energy Centre for test and demonstration a world s first Leading-edge companies Leasing Rounds: UK R&D Excellence based in Glasgow 2010 14: 1.8GW Current Sub-3MW Round

MeyGen Inner Sound Phase 1A Starting in 2015, by the early 2020s MeyGen Limited intends to deploy up to 398MW of tidal stream power off the North coast of Scotland. The World s First Tidal Arrays Shetland Tidal Array Nova Innovation has begun to deploy five 100kW Nova tidal devices as part of the Shetland Tidal Array in the Bluemull Sound. This will be one of the world's first in-sea tidal arrays.

Marine Energy Opportunity - Global The International Energy Agency s Blue Map Medium growth scenario for 2050: 46GW of wave 13GW of tidal 60GW in total Tidal Resource (Source: AVISO) Average wave power (kw/m of wavefront) (Source: Wave Dragon)

The Economic Opportunity Cumulative Market Value 2014-2030, Europe (central scenario) Tidal CapEx 6.4bn Potential value of Scottish involvement in marine projects Scotland UK Europe Rest of World Wave 30-75% 45% 45% 30% OpEx 1.4bn Tidal 25-45% 25% 25% 15% Wave CapEx 6.3bn OpEx 1.1bn Cumulative potential global investment 2010-2050 (high scenario): Wave = 260bn Tidal = 75bn Run of river (for adapted tidal devices) = 60bn

International Market Development, e.g. France Tidal Test site at Paimpol-Brehat in Brittany Plans for up to 200MW of commercial scale projects at Raz Blanchard off the coast of Normandy Wave Ecole de Nantes wave energy test site, SEM- REV, in Pays de la Loire region A new wave energy test site is to be located in the Limousin Poitou-Charentes et Aquitaine region

International Market Development, e.g. Japan Tidal Two tidal energy demonstration sites off Goto Island in Nagasaki Prefecture Plans for further tidal test sites in neighbouring Saga Prefecture. Wave Iwate Prefecture looking to deploy three types of wave energy technology on three separate sites Chile Tidal Significant tidal resource in the Magellan Strait (8-9 knot tides, approximately 2GW) Wave Massive resources - 240 GW - along all Pacific-facing coasts Establishment of Marine Energy Research & Innovation Centre led by DCNS

International Market Development,e.g. Canada Tidal Bay of Fundy tidal test site in Nova Scotia. Four tidal energy technologies to be deployed on the site within the next two years. Plans for larger demonstration sites in other areas of the Bay Wave Early development of wave projects in British Columbia USA Tidal Mostly river estuary-type turbine projects but as yet no revenue support for such technologies in the US Wave Wave Energy Challenge funded by the DoE currently underway with 9 companies competing for the main prize of $1.5m.

International Market Development e.g. South East Asia Indonesia moving forward with 150MW Atlantis/SBS tidal project Philippine and Singaporean Governments showing strong interest in both tidal and wave energy technologies as solutions to island power supply South Korea have established a strategic plan for 2015-2025, which includes which an Ocean Energy R&D support programme. China s Renewable Energy Development Plan (2016-2020) includes an Ocean Energy Development Strategy.

International and Niche Market Research 2015 Commissioned by SE, undertaken by Aquatera and Caelelum Country by country reviews policy, resource, infrastructure, industry, projects, institutions Assessment of promising markets Examination of potential niche markets, e.g. off grid

Potential Markets for Wave Energy

Potential Markets for Tidal Energy

Potential Markets for Run of River Applications

Potential Niche Markets, for example Niche Oil and Gas Subsea: powering of (esp. Unmanned) O&G platforms Military and Surveillance: remote base power, autonomous surveillance and sensing Oceanography Services: current profiling, wave measurement, temperature, salinity Mariculture: powering feeding and lighting systems for far-offshore seawater fish farms Desalination: power to drive systems to create potable water from seawater Luxury and Remote Tourism: power for tourist accommodation Mining and quarrying: power for coastal and subsea mining and quarries Vessels/transport: power for ferries and ships Islands: off-grid and small communities Estimated annual market value for marine technology 10bn 100m 100m 850m 8.5bn 11bn 8.5bn 1.2bn 11bn

Island Potential

Our Strategic Approach Team Scotland approach to industry development: Supporting major project development Supply chain - Support the development of the domestic supply chain through internationalisation, collaboration and diversification. Infrastructure development - maximise the potential of existing infrastructure and invest in new capacity. R&D, Innovation and T&D - provide support for targeted support to develop technology and reduce costs Investment - Identify opportunities for financial investment that will deliver economic impact in Scotland.

Scotland s Exportable Capability c. 270 companies active in Scottish Marine Energy sector Strong Scottish supply chain community World-leading practitioners in areas such as: Device and project design Testing Surveying & consenting requirements Marine operations Device and cable installation Composites Fabrication

Proactive Supply Chain Development SE Tidal Array Cabling Solution Development Project Development of 5 novel tidal array cabling solution concepts during 2014/15. Successful full demonstration of 2 cabling solutions in Orkney during autumn/winter of 2015 Aquatera-led consortium moored barge (accurate cable locating and securing tech.) Jee U-tube cable locating and protection system

Marine Energy Expert Support Programme Designed to help companies consider and build diversification strategies to enable them to plan for and win business in the global marine sector. Awareness raising workshops + provides up to 2 days worth (100% funded) of one-to-one support for companies Delivered by specialist suppliers who have knowledge and experience of the sector Focus on identifying and exploring potential profitable revenue steams for the business in the future Application form at www.scottish-enterprise.com/marine or e-mail marineenergy@scotent.co.uk

SDI International Programme 2016 France June 1 st -2 nd - Seanergy 2016 in Biarritz covering all offshore renewables. SDI mission with up to 25 companies Singapore October 25-28th - Asian Wave and Tidal Energy Conference 2016 (AWTEC) will be a SDI learning journey to explore wave and tidal opportunities. Belgium November 8-9th - Ocean Energy Europe 2016 in Brussels is the main European event for wave and tidal energy. SDI will be hosting the Scottish Pavilion at the event.