OceanDEMO - Demonstration Programme for Ocean Energy Pilot Farms and Supporting Technologies


Project Summary

The existing terrestrial supply for renewables is already market-driven, whereas Ocean Energy (OE)  is untapped. Having advanced single device OE deployments,  FORESEA has identified a key market failure relating to the first multi-device OE farms; this is the point when risks and capital requirements are highest, hence market intervention is now most needed to realise the NWE OE potential.
 
OceanDEMO will address this market failure via 3 key elements:

  • Prove investability with investors by demonstrating and de-risking the most promising OE generating technologies in multi-device farm configuration.
  • Develop an active supply chain that invests in dedicated OE sub-systems and components.
  • Create a supportive policy environment for OE by providing governments with confidence in OE and highlighting OE's economic benefits.

Change

  • Demonstrate investability of OE with at least 15 investors that provide debt and project finance to raise awareness & promote the uptake of OE.
  • Create a more active and invested supply chain to help reduce technical risk of OE and advance the TRL of dedicated OE sub-systems and components.
  • Establish political support for a supportive policy environment that will encourage production of ocean energy in NWE.  These will most likely be in Ireland, UK, the Netherlands, France and Belgium as this is where the majority of the NWE resource is located.

Outputs

  • Operation of 2 OE deployments in multi-device farm configuration in NWE connected to the European electricity grid. 
  • Advance 15 cross cutting low carbon technologies to near to commercial readiness.  
  • Supportive policy environment for OE in at least 3 member states in NWE.

Long-term effects

  • 500m EUR of private funds invested into OE deployment farm deployments
  • 20 dedicated OE products 
  • 100MW of OE installed capacity

Project Partners

Lead partner

Organisation Address Email Website
European Marine Energy Centre Old Academy, Stromness, Orkney
Stromness
KW163AW
United Kingdom
lisa.fitzpatrick@emec.org.uk www.emec.org.uk
Name Contact Name Email Country
Dutch Marine Energy Centre Benjamin Lehner benjamin@dutchmarineenergy.com Netherlands
SmartBay Ireland Mairéad Elliott mairead.elliott@smartbay.ie Ireland
Ecole Centrale de Nantes Florent Jubé florent.jube@ec-nantes.fr France
Ocean Energy Europe Victor Kempf v.kempf@oceanenergy.eu Belgium

News


OPIN – Ocean DEMO Workshop

Posted on

OPIN is organising a workshop at OEE2020 in conjunction with the OceanDEMO project. Both projects have been in operation since 2019, are Interreg NWE funded and have been engaged in providing novel and innovative supports to help the Ocean Energy sector address challenges for development and deployment. Read More

Only two weeks left to apply for Ocean DEMO's 3rd call

Posted on

The EU-funded Ocean DEMO project is open until 18th September 2020, at 17:00 UTC. Successful applicants will receive free access to test their ocean energy products and services in real sea environments at the project’s network of test centres. This call focuses on supporting technology developers with high readiness level for deployment in late 2020 or early 2021. Technology developers can apply for support packages to test multi-device farms or single devices able to scale up to multi-device in the future. Read More


1st Call



2nd call



3rd Call


Only two weeks left to apply for Ocean DEMO's 3rd call

Posted on

The EU-funded Ocean DEMO project is open until 18th September 2020, at 17:00 UTC. Successful applicants will receive free access to test their ocean energy products and services in real sea environments at the project’s network of test centres. This call focuses on supporting technology developers with high readiness level for deployment in late 2020 or early 2021. Technology developers can apply for support packages to test multi-device farms or single devices able to scale up to multi-device in the future. Read More


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