Page 0013

for marine technologies for 2020 to 2030.

The forecast is that the large scale arrays will

be coming on stream post-2019, and it is

then when those who are in the supply chain

now will reap the most benefits. Industry

watchers believe solutions to problems will

be found because the prize of long term,

sustainable, low carbon energy - and with a

scale of deployment to bring costs down - is

simply too large for the Government to let go.

SUPPLIERS WANTED

GTMA CEO Julia Moore agrees: "The time

for engineering companies to act is now so

they are ready when the huge potential of

marine energy comes through. As an

organisation we are determined to help our

members benefit from this exciting sector."

At the same time, the MEPB Economic

Benefits Group are looking to talk to potential suppliers into

the wave and tidal sectors

as part of its ongoing work. Any companies

that would like to get involved should contact the secretariat

for the group: Dee Nunn

on dee.nunn@renewableuk.com" target="_blank" title="Visit dee.nunn">dee.nunn@renewableuk.com

www.gov.uk/government/groups/

marine-energy-programme-board

www.renewableuk.com/en/publications/reports.cfm/maximising-the-valueof-marine-energy-to-the-uk

Also see: OCEANERA-NET and Blue

Growth (page 46), Wave and Tidal

Knowledge Transfer Network (page 50).

in the tidal side. Also involved are companies

like Pelamis Wave Power (PWP) which

designs, manufactures and operates

machines that generate electricity from

ocean waves at its base in the Port of Leith,

Edinburgh.

The MEPB report said that while a large

part of the £70 million funding PWP has

received has come from overseas "the vast

majority of spend to date" has been with

suppliers in the UK.

At the same time, leading wave device manufacturers

estimate the UK content of their

capital spend is already over 50% and likely

to increase substantially as wave and tidal

moves to large scale arrays.

The MEPB report emphasised the importance of UK supply chain development and

included advice to produce a detailed Sector

Development Strategy to maximise UK

content.

Already opportunities gained through R&D

operations and demonstration sites have

been converted into industrial supply chain

benefits through industrial fabrication, installation and operations

at existing sites.

"These are expected to yield further domestic and export

benefits," it says.

MARKET VISIBILITY

With the right climate and actions there are

predictions that the current employment

base of around 1900 direct jobs could go as

high as 20,000 in the next two decades.

The 20,000 figure is based on projected

capacity to 2035, as is the £6.1 billion

annual potential.

For the big companies to invest in larger

facilities - and demo sites - there needs to

be sufficient market visibility, with the right

combination of capital and revenue support,

RenewableUK's Chief Executive Maria

McCaffrey said when the report came out.

As with the other energy sectors, this is likely

to come down to the strike price it receives

from EMR (see page 8-9) - a guaranteed

return is needed to attract investment.

This was a key issue discussed when the

MEPB Board, chaired by then UK Climate

Minister Greg Barker, met early in 2014. Its

minutes record how he pledged the

Government's continued support for marine

energy - a promise meant to give investors

confidence.

The Board is setting up sub-groups to tackle

issues as they arise. Currently there are six

of these covering Economic Benefits,

Finance (EMR), Grid Access & Island

Charging, Consent & Licensing, and The

Wave and Tidal Knowledge Network.

Manufacturing comes under the banner of

Economic Benefits and was identified as

needing targeted actions to secure more UK

participation.

On EMR specifically, the board meeting

looked at the effect on the sector of a strike

price of £305/MWh which it heard from the

Finance sub-group was "workable" for tidal

- but that the level of support for wave

developers was "undeliverable." The group is

looking at what the sector needs to deliver

the next stage of development.

In many respects marine energy is still work

in progress - and Minister Barker identified

three areas of focus. As well as asking the

Economic Benefit sub group to come up

with "creative initiatives" to help the UK -

and its supply chain - benefit as the sector

moves forward, he also called for more

focus on engineering innovation and more to

be done on developing a long term strategy

ENERGYMARINE

13

Wave device from

Pelamis Wave Power

(PWP) which has a

manufacturing base in

Scotland. Most of its £70

million funding has come

from overseas, but the

vast majority of its spend

to date has been with UK

suppliers.

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