 Installation of the Wave Hub planned for Spring 2010
South West RDA announced that the
installation of the Wave Hub off the coast of Cornwall
in South West England will be delayed until spring 2010,
one year later than expected. This announcement was made
in April of 2008. Read more |
 Scotland 5 ROC, anyone raise?
In
one more step to promote the take-off of its marine renewable industry
Scotland has recently announced that it wishes to implement banded
levels of finance for marine developments. Consultation on changes to
the Renewables Obligation ( Scotland ) revealed plans to provide five
Renewable Obligation Certificates (ROCs) for wave energy devices and
three for tidal devices for each Megawatt of power produced. Read more |
EMEC Developments in Monitoring for Wave and Tidal Energy Devices
The European Marine Energy Centre (EMEC), based at Stromness in Orkney,
was established in 2003 as a test centre for both wave and tidal energy
devices. It was established primarily as an operational facility, and
consequently it was not financed for research or for the development of
monitoring techniques. Read more |
Portugal : a rising marketplace for wave energy?
Portugal has a vast extension of maritime territory covering more than
1.700.000 km2, corresponding to one of the largest exclusive economic
zones (EEZ) of the European Continent. This fact, together with a good
wave energy resource and the large energy dependency of the country may
be the major drivers for the dedication of Portuguese scientist to wave
energy exploitation studies for more than three decades. Read more |
 Interview
“HOW TO RAISE MONEY”
Interview with Nicolai S. Løvdal
1 - In your opinion, what are the main barriers to overcome in order to be able to raise money in this business;
The main barrier to raise money in
every business is to build a business case the investors
believe in. To simplify this a bit a good business case
consists of a winning team and good business idea. The
construction of a good team is often more important than
the business idea.
2 - How do you see that wave energy, as a young player in the energy
market, could raise sufficient funds in its current pre-commercial
stage?
First of all I hope to see that the companies that
already have raised funding will get out some full scale
projects within reasonable time to exploit the support
mechanisms which are already established. In particular
I'm thinking of the £50m demonstration fund in UK and
the feed-in tariff for the Portuguese Pilot
Zone. Read more
|
Forthcomming Events
World Renewable Energy Congress
19-22 May 2009, Bangkok , Thailand
International Conference on the European Electricity Market (EEM 09)
27 – 29 May 2009, Leuven , Belgium
BWEA Marine 09
30 April 2009, Bath , UK
EU Sustainable Energy Week 2009
9-13 February 2009, Brussels , Belgium
The role of wave energy in the European RES-e market
11 February 2009, Brussels , Belgium
Forecasting the Future of Ocean Power
10-11 February 2009, Portland , Oregon , USA
Third International Conference in Ocean Engineering ICOE 2009
1-5 February 2009, Indian Institute of Technology Madras , INDIA |
The work of the European Ocean Energy Association is partly funded under the 6th Framework Programme.