PICO PLANT, WAVEC AND THE ATLANTIC OUTERMOST REGIONS

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1 PICO PLANT, WAVEC AND THE ATLANTIC OUTERMOST REGIONS ANTÓNIO SARMENTO PRESIDENT OF THE BOARD 1

2 The Pic Wave Energy Plant Built in 1999, refurbished in 2007 Autnmus demnstratin peratin since R&D prjects since 2004: Demnstraçã CAO (PT) Wavetrain1 & 2 (FP7) WEAM (PT) MARINET (FP7) OceaNET(FP7) 2 2

3 WHY THE NEGATIVE IMAGE OF PICO PLANT IN THE AZORES? BAD MANAGEMENT OF EXPECTATIONS Freseen as an energy prductin plant 4 M investment (U.E, PT funds, EDA & EDP) fr cnstructin but nt fr early peratin phase. Carbn Trust: 2 year sea trials = CAPEX N financial resurces t technlgical prblems typical f an immature technlgy. 1 M fr plant refurbishment in 2005/6 by PT funds & WavEC members. 3

4 WAVEC OFFSHORE RENEWABLES Created in 2013 based in 25 years f experience at IST/UL Our gal: Develpment f ffshre renewables technlgy and market Our Assciates: Energy cmpanies Research Institutins Wave energy Offshre wind Marine bimass Marine currents Tidal energy Salinity gradient Thermal gradient Suply chain cmpanies 4

5 KEEPING TRACK OF MULTIPLE R&D PROJECTS 5 A brad spectrum f activities Added value fr the develpment f new prducts and new services CORES EQUIMAR WAVETRAIN2 AquaRET2 Mre then 100 internatinal partners WEAM ORECCA SURGE SOWFIA FAME Rad-map WAVEPORT KIC Innenergy Prject OTS OTEO DEMOWFLOAT MARINET TROPOS Atlantic Pwer Cluster SI Ocean EU funded prjects OceaNET KIC InnEnergy HiWave PlyWEC Natinal funding

6 PROVIDING SERVICES AROUND THE WORLD Services 24% Fees 6% ICE (Csta Rica utility) Funded R&D prjects 70% 6

7 A COMPREHENSIVE GLOBAL SERVICE MIGUEL LOPES TERESA SIMAS MARCO ALVES Mnitring & Technlgy Marine Envirnment Numerical Mdeling Dealing with all aspects f electrical generatin frm the cean NUNO MATOS PublicPlicies & Disseminatin ALEX RAVENTOS Ecnmy & Industry 7

8 Example f services prvided by WaVEC 2013: Marine resurce assessment ICE (Csta Rica utility) 2013: Marine energy visin and tenders fr dem wave and tidal prjects Chile Ministry f Energy 2013: Numerical simulatin and lab tests f the Crpwer wave energy cnverter Crpwer (S) 8 8 7/2/2014 1ST INDIA-PT WORKSHOP ON RENEWABLE ENERGY

9 Example f services prvided by WaVEC 2013: Strategic reprt n cean energy Gas Natural Fensa (SP) 2013: Market and technlgy state-f-the-art reprts n Wave and Tidal energy Iberdrla (SP) 2013: Wind Flat underwater acustic mnitring EDP (PT) 2013: Access regulatin f the Pilt Zne REN (PT) 9 9

10 The WindFlat dem 2011: 2MW Wind Flat prttype WavEC Offshre Renewables

11 INTERNATIONAL DIMENSION OF OUR WORK WavECismemberftheEU-OEA andvlunteers time t the EU-OEA's Bard f Directrs The Ocean Energy Systems (OES) is an intergvernmental cllabratin between cuntries, which perates under a framewrk established by the Internatinal Energy Agency (IEA) Within the OES, WavEC is respnsible fr: Operatinal secretariat Budget cntrl Cmmunicatin Disseminatin Annual Reprt Open Bulletin 11 11

12 Challenges and pprtunities fr utermst regins in MRE Size f cmmercial ffshre wind farms ~ 500 MW Fixed csts (electrical cnnectin, O&M infrastructure) Excessive fr small-medium islands Infrastructure (supprt vessels and crews) requirements maybe nt available in utermst regins Pssible pprtunity t develp technlgy adapted fr utermst regins (where energy csts are als higher) wrld market. Ocean technlgy (aquiculture, mnitring, etc.) and marine renewable energy technlgy are nt cmpletely apart: simple, reliable, cheap, small/medium size

13 Lessns learned Wrng expectatins r expectatins nt prperly managed Private cunter-financing nt in place in many previus wave energy prjects SME frequently nt able t identify D&R and Innvatin prjects Need t integrate the EU fr a where R&D and Innvatin pririties are defined. Partnering require time. Large R&D rganizatins tend t cntrl R&D agenda 13 13

14 Pssible future prjects Outermst Centre fr cean and MRE technlgy: Identificatin f utermst market pprtunities (needs, challenges, resurces, cnstraints, etc.) Radmap (targets, legislatin, supprt measures, supply chain, partners, electrical cnnectin and strage requests ) Actin plan fr the utermst regins. Integratin f MRE in prts Niche uses f MRE: aquiculture, cean mnitring Pic plant: O&M and aging f electr-mechanic and cntrl equipment and cncrete structure

15 Cnclusin Ocean technlgy and Marine Renewable Energy are pssible pprtunities fr utermst regins, but require: Cperatin Netwrking Wrld visin Pragmatic apprach: WavEC is small but has an internatinal impact Gd understanding f challenges, cnstraints, resurces and advantages

16 THANK YOU 16 7/2/2014 1ST INDIA-PT WORKSHOP ON RENEWABLE ENERGY