www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

National Subsea Research Initiative

Wave & Tidal: Challenges & Opportunities

Simon Cheeseman – ORE Catapult Wave & Tidal Sector Specialist

[simon.Cheeseman@ore.catapult.org.uk]

Norman Morrison – ETP Marine Energy Business Development Manager

[norman.morrison@ed.ac.uk]

16th May 2018

@NSRI_Subsea

#Subsea #Wave Energy #Tidal Energy

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

ore.catapult.org.uk

@orecatapult

Definitions

Wave Tidal current

• Not considered here:

• Tidal lagoons

• Tidal barrages

• Salinity gradient

• Ocean thermal energy conversion

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

ore.catapult.org.uk

@orecatapult

Market

• Small number of deployments to date

• Challenging route to market

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

ore.catapult.org.uk

@orecatapult

Achievements

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

ore.catapult.org.uk

@orecatapult

Next steps

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Offshore Renewable Energy (ORE) Catapult

• 1 of 10 Catapults

• Established by InnovateUK

• Designed to transform the UK's capability for innovation

• Core grant leveraged with industry and other public funding

• £150m of open access labs

• Active in £27m of research projects.

• 151 partnerships with SMEs

• Strong partnerships with leading universities 80+ technical experts

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

ore.catapult.org.uk

@orecatapult

Test 1: Cost Reduction Pathway

-50

100150200250300

LC

OE

£/M

Wh

(2

01

2) Tidal Stream LCOE reduction

Initial Accelerated Reductions

• Economies of Volume

• Economies of Scale

• Accelerated Learning

Learning by Doing & Innovation

• Optimised processes & manufacturing

• Real life operational & weather data

• Collaborative shared learning

Cost of Capital

• Increase project debt

• Reduce equity risk

LCOE expressed in pre-tax real, 2012

Tidal Stream Cost Reduction Pathway

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Innovation Challenges

• Electrical Power & Distribution:

• subsea hubs; dynamic cables; connectors

• Foundation & Moorings:

• slack tide ops; drill rigs;

• Corrosion:

• foundations; devices; components

• Installation:

• vessels; drill rigs;

• Inspection & Condition Monitoring:

• ROV ops; autonomous systems; reliability.

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Cross sector opportunities

• Cost reduction mechanisms

• Vessels (contracting, smaller, cheaper)

• Offshore operations

• installation

• operations & maintenance

• decommissioning

• Subsea engineering

• asset inspection

• Components (corrosion)

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Who can help? – collaborative research

• An alliance of 13 Scottish Universities engaged

in world-class energy-related RD&D with world-

class facilities

• Access to 100s of academics and researchers

• Access to leading test facilities

• Industry doctorate programme

• Researcher exchange bursaries

• Knowledge Exchange Network

• Industry engagement fund

• Support with funding applications

• Event support

• Collaborations and alliances

www.etp-scotland.ac.uk

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Who can help? – technology development

• A Research, Development and Innovation

programme driving the search for innovative

solutions to the technical challenges facing the

wave energy sector.

• Four innovation programmes currently ongoing:

• Novel wave energy converters

• Power take off systems

• Control systems

• Structural materials and manufacturing

processes

• £25.4m has been awarded to 61 projects, with

171 separate organisations, across 11 different

countries

• Knowledge Library provides access to key

information and documents generated through

this research & development.

www.waveenergyscotland.co.uk

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Who can help? – innovation

• 1 of 10 Catapults

• Established by InnovateUK

• Designed to transform the UK's

capability for innovation

• Core grant leveraged with industry and

other public funding

• £150m of open access labs

• Active in £27m of research projects.

• 151 partnerships with SMEs

• Strong partnerships with leading

universities

ore.catapult.org.uk

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Who can help? – Economic development agencies

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Who can help? – industry specific support agencies

www.nsri.co.uk

#Subsea #Wave Energy #Tidal Energy

Summary

• W&T is driving a lobbying campaign to raise awareness of economic value of the sector

• Needs to achieve > 60% cost reduction in next 10 years

• O&G has experience and learning of significant value to W&T

• There are job opportunities in W&T (challenge = salary expectations)

Innovation Challenges

Marine Energy Supply

Chain Gateway

Wave & Tidal

Knowledge Network

Sources of Information