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Global Offshore Wind June 2016 This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 652629 Marine Investment in the Blue Economy BG5: Preparing for the future innovative offshore economy A Horizon 2020 Coordination and Support Action Project Dr Gordon Dalton Project coordinator MaREI, UCC, Ireland 1

Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

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Page 1: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Marine Investment in the Blue Economy

BG5: Preparing for the future innovative offshore economy A Horizon 2020 Coordination and Support Action Project

Dr Gordon Dalton Project coordinator MaREI, UCC, Ireland

1

Page 2: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Why?

EU wants to intensify, diversify and expand further offshore economic activities in Europe‘s seas – Blue Growth

Help develop larger scale activities offshore by overcoming technical and non-technical challenges and using the most promising and sustainable business models

2

Combining different activities at the same location

Multi-use of space (MUS) – share infrastructure / services

Multi-use platform (MUP) – share platform.

Page 3: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

11 partners

3

Page 4: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Basins considered

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Page 5: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

WP4 - Socio-economic context of BG

WP5 - Technical and non-technical barriers BG

WP6 - Investment in BG

WP7 - Business models for BG

WP9/10 Cooperation opportunities between Blue Growth sectors

Work packages

5

Page 6: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Which Combination of Sectors worked best

Identified most promising BG sector combinations

Ocean of Tomorrow projects included (Mermaid, Tropos, H2Ocean)

Companies selection

Identified those with most promise who wish to work with Maribe.

Advising and testing

Preperation of business plan for each combination

Advisory sessions held in Brussels = June 15th and 16th 2016.

Approach for WP 9+10

6

Page 7: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Exploration for WP 9+10of Cooperation Opportunities Identified 22 promising BG combinations, out total possible 69

Rating criteria based on:

technological,

environmental,

socio-economic,

financial,

commercial viability

Shortlisted to 9 combinations with input from EC and willingness of companies to be involved in Maribe.

Remaining 13 BG combinations not shortlisted, had their strategic plan and roadmap outlined in WP8.

7

Page 8: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

MUS or

MUP

Basin Company 1 Company 2 History

1 Wave + Floating wind MUP Atlantic JJ Cambells Marina

FP7

2 MUP Atlantic Floating Power Plant -

3 Wave + Aquaculture MUS Malta

Mediteranean

Albatern ABT

4 MUS North Sea WaveDrago

n

Bellona/

Seaweed ES

5 Wave + Floating Shipping

Terminal

MUS North Sea Float Inc

9 Maribe case study projects 9 case study projects – Wave

combinations

Page 9: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

MUS or

MUP

Basin Company 1 Company 2

6 Floating wind

+

Aquaculture MUS Atlantic ACS Cobra Besmar

7 Desalination MUP Mediteranean Ecowindwater

8 Aquaculture

+

Floating

Shipping

terminal

MUP +

MUS

Caribbean Grand Port Maritime de Guyane

9

Fixed Wind MUS Atlantic Extension of Mermaid project

10 Maribe case study

projects 9 case study projects - others

Page 10: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Pilot and commercial case study assessment:

Technical brief

Financial models (3rd phase of commercial project development)

Business plan

Risk assessment

Implementation plan.

Deliverables for each shortlisted case study combination and chosen companies

10

Page 11: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Part 1 - Brussels event where companies pitched their project concepts to an Advisory Panel of Experts in Blue Growth, made up of:

1. OES International Energy Agency

2. European Aquaculture Society

3. 1-Tech

4. DP Energy

5. Offshore Renewable Energy Catapult

6. Federation of European Aquac Producers

7. DNB Norway

Advisory sessions 15 and 16 June 2016

8. Scottish Investment Bank

9. World Ocean Council

10. Ernst & Young

11. Black & Veatch

12. INNOSEA

13. The Crown Estate

14. Maribe partners

15. DG R&I + DG Mare

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Page 12: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Part 2 - 3 minute pitch was given to all companies and Marie Donnelly (Director - Renewables, Research and Innovation, Energy Efficiency - DG ENER )

Part 3 - B2B’s between companies +

1. Investors in Blue Growth

2. Relevant panel experts.

12

Advisory sessions 15 and 16 June 2016

Page 13: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Digest feedback from the Advisory Sessions from companies, advisory panel members and Maribe partners

Finalise each company report + financial model

Compile final report with recommendations to commission end August

Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland.

Next steps

13

Page 14: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Floating Power Plant A/S

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FPP is the only company in the world that has supplied power to the grid from a combined floating wind and wave device. 4 offshore tests have collected two years of offshore data for a ½ scale prototype

Page 15: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

15

EcoWind Waters’ Floating Wind- Desalination MUP 35 kW

prototype

Potable water and energy

Page 16: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Albatern wave energy device

The AquaBioTech (ABT) Group is

an international aquaculture

consulting and technology supply

company.

Albatern is a Scottish wave energy

company. Started in 2007, multi-

disciplinary, comprising 15

engineers.

Page 17: Marine Investment in the Blue Economy BG5: Preparing for ... · Global Offshore Wind ... Closing meeting at August 30,31st 2016 in MaREI marine renewable energy centre, Cork, Ireland

Global Offshore Wind

June 2016

This project has received funding from the

European Union’s Horizon 2020 research and

innovation programme under grant agreement No

652629

Thank you

Thank You