Strategic Innovation Support - Funding Pathways to Commercialisation Simon Robertson 6 th May 2015

Transcription

1 Strategic Innovation Support - Funding Pathways to Commercialisation Simon Robertson 6 th May 2015

2 The Carbon Trust We have accelerated sustainable, low carbon development for more than 12 years and have helped our customers to save 3.7 billion; Helped our customers to save 38m tons of CO 2; Catalysed over 300m of investment into clean technologies Advice Footprinting Technology We advise businesses, governments and the public sector on opportunities in a sustainable, low carbon economy We measure and certify the environmental footprint of organisations, products and services We help develop and deploy low carbon technologies and solutions, from energy efficiency to renewable power 2

3 Carbon Trust - Marine Energy Programmes We have delivered 50m of marine energy innovation working with Scottish, UK Governments and Industry Understanding the challenge Facilitating development Accelerating cost reduction Proving the technology Marine Energy Challenge Founding Funder since 2005 Marine Energy Accelerator Marine Renewables Proving Fund Innovation Needs Mapping Demonstrating at scale Wave Energy EU market assessment echnology Innovation Needs Assessment 2012,2014 Marine Renewables Commercialisation Fund Wave Energy Scotland with HIE SI Ocean

4 Underlying issue for marine energy is cost reduction Source: SI Ocean, Feb 2014 Cost reduction achieved by: Learning Economies of scale Innovation 4

5 Features of a robust innovation process Accelerating the journey between concept and commercialisation requires the following: Understand the requirements and how best to accelerate them by prioritisation and development of bespoke support programmes. Considers wider market, commercial and company needs. Facilitates collaboration and coordination between stakeholders. Demonstrates value for money and GVA/jobs benefits. Includes flexibility to balance clearly defined objectives with the uncertainty of true R&D. Technically robust gated process grounded in good engineering. Technology Push Market Pull 5

6 Technology and Commercial Readiness The pathway to commercialisation goes beyond reaching TRL 9 Technology Readiness Level(TRL) to Commercial Readiness Index (CRI) *Complimented by Technology Performance Levels Market Pull - Revenue support, financing - Market attractiveness stimulates innovation pulls through of. Technology Push - Grants, R&D funding for innovation - May not meet customer needs but gets solutions closer to market. 6

7 UK innovation landscape the funders Local Enterprise Partnerships Innovate UK Offshore Renewable Energy Catapult Marine Energy Technologies, Projects and Testing Infrastructure 7

8 Scale/TRL UK Innovation landscape the funds ROCs CFD Saltire Prize REIF, TCE MEAD NER300 MRPF ETI MRCF MFA, MESAT, TCE Enabling Actions, In-Stream Tidal Type of Support: Revenue Support MEC, MEA WATES, WATERS1,2,3,FP7, MARINET, ERA-NET, H2020 Grant Investment RESEARCH COUNCIL FUNDING eg. SUPERGEN WES Academic Timespan of support 8

9 LCICG Marine Technology Innovation Needs Assessment 2015 Update First prepared and reported in 2012 the family of TINAs are now being refreshed and updated by the Carbon Trust. The marine TINA has been separated into a Wave TINA and a Tidal stream TINA. Outputs will address growth profiles, cost reduction over short and long term as well as specifying the key innovation programmes and budgets needed. TINA updates due for publication in summer Will inform innovation spending by the new UK Government and related agencies/departments. 9

10 Thank you for listening For more information/reports: Simon Robertson Technology Acceleration Manager Edinburgh