Ireland logs ocean energy innovation challenges

Illustration/OE energy buoy (Photo: OceanEnergy)

Marine Renewables Industry Association (MRIA) has published a study on collaboration and innovation challenges faced by the ocean energy sector which also provides possible solutions for the identified issues.

The association, representing the interests of marine renewable energy developers on the island of Ireland, said Ireland is well positioned to exploit its ocean energy resources due to existence of significant R&D facilities and supportive government policies.

However, MRIA pointed out that the ‘ongoing saga’ of the new consenting regime to be set out in the Maritime Area and Foreshore (Amendment) Bill presents an issue.

Of wider concern, according to the paper, is the small scale of almost all ocean energy companies and their failure to collaborate on R&D.

“Ocean energy companies are unique – small, with limited financial resources and yet engaged in capital intensive innovation on the frontiers of man’s knowledge. They have been quite effective in advancing our knowledge of how to convert the kinetic energy contained in waves and tides into electricity,” the study states.

According to MRIA, the developers can do more with greater intercompany collaboration and with tailored company development support from the agency with experience and expertise in ocean energy, such as Sustainable Energy Authority of Ireland (SEAI).

The recommendations made by MRIA, set out by research and industry views, boil down to giving SEAI the remit, under a special protocol with Enterprise Ireland, to provide company development support to ocean energy firms in their early years.

The recommendations, if implemented, could make the difference between Ireland playing a lead role in this potentially huge industry of tomorrow and being an ‘also ran’ in the sector, the association said.

The study is the tenth annual paper published by the association about policy topics relevant to marine renewables.

Share this article

Follow Marine Energy

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Offshore Energy Exhibition and Conference (OEEC) 2019

Offshore Energy Exhibition and Conference (OEEC) is where the energy transition takes place. It is Europe’s leading gathering of the entire offshore energy industry and your opportunity to network with highly qualified experts and professionals across global markets.

For more than 12 years OEEC is unique in bringing together the offshore energy industry sectors oil & gas, offshore wind and marine energy. More than 550 exhibitors from around the world present their newest services, projects and innovative products. On top of this OEEC presents international trade missions, pavilions, exclusive network lounges of the OEEC member club, the Startup Zone, matchmaking areas, the Stage and networking drinks. Approximately 12,000 professionals will visit the exhibition, take part in strategic discussions, immersive technical conference sessions focusing on the future and technical developments in the industry. Three days of networking and together shaping the future of energy.

So the question is not if but how you will be participating at Offshore Energy 2019.

More info

read more >

The International Tidal Energy Summit 2019

The 2019 International Tidal Energy Summit will bring together 120 dedicated tidal energy leaders.

read more >