<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>stakeholder involvement Archives - Mocean Energy</title>
	<atom:link href="https://mocean.thalamus.co.uk/tag/stakeholder-involvement/feed/" rel="self" type="application/rss+xml" />
	<link>https://mocean.thalamus.co.uk/tag/stakeholder-involvement/</link>
	<description>Wave energy technology and systems</description>
	<lastBuildDate>Tue, 22 Aug 2023 16:07:08 +0000</lastBuildDate>
	<language>en-GB</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.8.2</generator>

<image>
	<url>https://mocean.thalamus.co.uk/wp-content/uploads/2019/07/cropped-android-chrome-512x512-32x32.png</url>
	<title>stakeholder involvement Archives - Mocean Energy</title>
	<link>https://mocean.thalamus.co.uk/tag/stakeholder-involvement/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Mocean hosted Orkney Industry Day</title>
		<link>https://mocean.thalamus.co.uk/mocean-hosted-orkney-industry-day/</link>
		
		<dc:creator><![CDATA[Laura Bercaru]]></dc:creator>
		<pubDate>Wed, 23 Aug 2023 08:04:00 +0000</pubDate>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[collaboration]]></category>
		<category><![CDATA[orkney]]></category>
		<category><![CDATA[renewables for subsea power]]></category>
		<category><![CDATA[RSP]]></category>
		<category><![CDATA[stakeholder involvement]]></category>
		<category><![CDATA[wave energy]]></category>
		<guid isPermaLink="false">https://www.mocean.energy/?p=1106</guid>

					<description><![CDATA[<p>On the 13th of June, we had the pleasure of welcoming guests for a first-hand look at  our collaborative Renewables for Subsea Power demonstrator project. We were joined by our project partners from Verlume, Transmark Subsea, Baker Hughes, and representatives from our sponsors Serica Energy, Harbour Energy and PTTEP who travelled all the way from Thailand for the occasion, as ... <a href="https://mocean.thalamus.co.uk/mocean-hosted-orkney-industry-day/" class="more-link">Read More</a></p>
<p>The post <a href="https://mocean.thalamus.co.uk/mocean-hosted-orkney-industry-day/">Mocean hosted Orkney Industry Day</a> appeared first on <a href="https://mocean.thalamus.co.uk">Mocean Energy</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="color:#582c83;" class="has-text-align-right wp-block-post-date has-text-color"><time datetime="2023-08-23T09:04:00+01:00">23rd August 2023</time></div>

<div style="color:#582c83;" class="has-text-align-right wp-block-post-author-name has-text-color has-small-font-size">Laura Bercaru</div>

<figure class="wp-block-post-featured-image"><img decoding="async" width="100" height="24" src="https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/OID-blog-post-banner-100x24.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" style="object-fit:cover;" srcset="https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/OID-blog-post-banner-100x24.webp 100w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/OID-blog-post-banner-640x152.webp 640w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/OID-blog-post-banner-1200x285.webp 1200w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/OID-blog-post-banner-768x183.webp 768w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/OID-blog-post-banner-1536x365.webp 1536w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/OID-blog-post-banner-2048x487.webp 2048w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/OID-blog-post-banner-1184x282.webp 1184w" sizes="(max-width: 100px) 100vw, 100px" /></figure>


<div style="height:19px" aria-hidden="true" class="wp-block-spacer"></div>



<p class="has-text-color" style="color:#582c83;font-size:14px">On the 13<sup>th</sup> of June, we had the pleasure of welcoming guests for a first-hand look at  our collaborative Renewables for Subsea Power demonstrator project. We were joined by our project partners from <a href="https://verlume.world/" target="_blank" rel="noreferrer noopener">Verlume</a>, <a href="https://www.transmark-subsea.com/" target="_blank" rel="noreferrer noopener">Transmark Subsea</a>, <a href="https://www.bakerhughes.com/" target="_blank" rel="noreferrer noopener">Baker Hughes</a>, and representatives from our sponsors <a href="https://www.serica-energy.com/" target="_blank" rel="noreferrer noopener">Serica Energy</a>, <a href="https://www.harbourenergy.com/" target="_blank" rel="noreferrer noopener">Harbour Energy</a> and <a href="https://www.pttep.com/en/home.aspx" target="_blank" rel="noreferrer noopener">PTTEP</a> who travelled all the way from Thailand for the occasion, as well as existing and potential investors.</p>



<p class="has-text-color" style="color:#582c83;font-size:14px">Located off the East coast of the Orkney, the full system was deployed in February to demonstrate how green technologies can be combined to provide reliable, low-carbon power and communications to subsea equipment, as a low cost alternative to umbilical cables.</p>



<p class="has-text-color" style="color:#582c83;font-size:14px">Our prototype wave energy converter, <strong>Blue X</strong> is generating power from capturing wave motions, delivering this to Halo, Verlume’s seabed battery energy storage system. Halo delivers autonomous reliable power through an intelligent energy management system to subsea equipment whilst receiving intermittent charge from the Blue X. The Halo frame incorporates the Autonomous Underwater Vehicle docking garage for the Transmark Subsea and <a href="https://www.boxfish.nz/" target="_blank" rel="noreferrer noopener">Boxfish Robotics</a>, ARV-i. The battery provides power to the ARV-i when docked to recharge the onboard batteries whilst also providing a communications link for specific missions to be delivered from onshore. Simultaneously power is delivered to a Baker Hughes Subsea Electronic Module, SEM 5, simulating real subsea control equipment in an operational environment. </p>



<div style="height:19px" aria-hidden="true" class="wp-block-spacer"></div>



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<div class="x-resp-embed x-is-video x-is-youtube"><iframe title="Mocean hosted Orkney Industry Day" width="1184" height="666" src="https://www.youtube.com/embed/6zHrZJB09CI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></div>
</div><figcaption class="wp-element-caption">Mocean hosted Orkney Industry Day video on YouTube</figcaption></figure>



<div style="height:19px" aria-hidden="true" class="wp-block-spacer"></div>



<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex">
<div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:100%">
<blockquote class="wp-block-quote has-text-align-left has-small-font-size is-layout-flow wp-block-quote-is-layout-flow">
<p class="has-text-color" style="color:#582c83;font-size:16px">“<em>It was a great experience to represent Verlume at the industry day in Orkney. We’re proud to be a project partner &#8211; delivering a Halo subsea battery energy storage to manage power generation intermittency and ensure a continuous power output</em> <em>whilst providing a gateway for communications from the end loads back to the WEC. It was fantastic to hear the interest in the project first hand, with some very positive conversations around use cases for the system within decarbonisation projects across offshore wind and CCUS.</em>” &#8211; says <strong>Robert Heron</strong>, Product Manager at <strong>Verlume</strong></p>
</blockquote>
</div>
</div>



<p class="has-text-color" style="color:#582c83;font-size:14px">The trip to the offshore site was scenic passing by the iconic Orkney cliffs which are home to unique marine birds, the Copinsay lighthouse and green grassy hills unfurling in the distance.</p>



<div style="height:19px" aria-hidden="true" class="wp-block-spacer"></div>



<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1200" height="352" src="https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/wec-in-distance-1200x352.webp" alt="" class="wp-image-1113" srcset="https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/wec-in-distance-1200x352.webp 1200w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/wec-in-distance-640x188.webp 640w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/wec-in-distance-768x225.webp 768w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/wec-in-distance-1536x451.webp 1536w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/wec-in-distance-2048x601.webp 2048w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/wec-in-distance-100x29.webp 100w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/wec-in-distance-1184x348.webp 1184w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure>



<div style="height:25px" aria-hidden="true" class="wp-block-spacer"></div>



<p class="has-text-color" style="color:#582c83;font-size:14px">As <strong>Blue X</strong> took contour in the blue horizon, conversations came to a halt. Upon arrival at the site, everyone was silent for a moment, entranced by the hinge movement and the aft hull slowly lulling from the mid-afternoon waves. Even in calm wave conditions such as this, the device was actively generating power and the solar panels installed on top of the device offered a complimentary boost to feed communications and on-board hotel loads.</p>



<p class="has-text-color" style="color:#582c83;font-size:14px">Some fruitful conversations were sparked about potential applications of this complete solution for offshore wind, carbon capture and storage, and off-grid power &#8211; inspiring confidence by combining innovative devices, towards a greener energy industry.</p>



<p class="has-text-color" style="color:#582c83;font-size:14px">At lunchtime, we showcased some underwater footage captured by the ARV-i drone which gives a unique glimpse on  subsea activities. The ARV-i carried out autonomous docking manoeuvres, surveyed cables and connections, and showcased the scale of Halo nestled on the seabed and the Blue X seen from below, half submerged. It was fascinating to have this vantage point completing the above water picture we saw from the boat earlier.</p>



<div style="height:4px" aria-hidden="true" class="wp-block-spacer"></div>



<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex">
<div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:66.66%">
<div style="height:69px" aria-hidden="true" class="wp-block-spacer"></div>



<p class="has-text-color" style="color:#582c83;font-size:18px">Afterwards, the teams at Transmark Subsea and Boxfish Robotics set up a unique experience for us: guests had a shot at manually operating a mini ARV-i on the pier, much like professional operators would for real subsea inspections.</p>
</div>



<div class="wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:33.33%"><div class="wp-block-image is-style-default">
<figure class="alignright size-large is-resized"><img loading="lazy" decoding="async" src="https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/Transmark-drone-moment-1200x800.webp" alt="" class="wp-image-1115" width="300" height="200" srcset="https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/Transmark-drone-moment-1200x800.webp 1200w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/Transmark-drone-moment-640x427.webp 640w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/Transmark-drone-moment-768x512.webp 768w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/Transmark-drone-moment-1536x1024.webp 1536w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/Transmark-drone-moment-2048x1365.webp 2048w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/Transmark-drone-moment-100x67.webp 100w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/08/Transmark-drone-moment-1184x789.webp 1184w" sizes="auto, (max-width: 300px) 100vw, 300px" /></figure></div></div>
</div>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="has-text-color" style="color:#582c83;font-size:16px;font-style:italic;font-weight:400">One of the things that really sticks out was probably the first time that we approached the Blue X wave energy converter when it was deployed at its current location, and just seeing it appearing and the sight is really quite special. It’s a beautiful location, and it’s quite an experience doing testing in such an amazing place.” &#8211; <strong>Nigel Money</strong>, Director at <strong>Transmark Subsea </strong></p>
</blockquote>



<div style="height:23px" aria-hidden="true" class="wp-block-spacer"></div>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="has-text-color" style="color:#582c83;font-size:16px;font-style:italic;font-weight:400">“I think the most exciting time is when we towed the device out to site, connected it onto the moorings and got it all working together. It&#8217;s great seeing all the months of hard work coming together and the positive outcomes from this project.” &#8211;<strong> Tom Jackson</strong>, Operations Supervisor at <strong>Mocean Energy</strong></p>
</blockquote>
<p>The post <a href="https://mocean.thalamus.co.uk/mocean-hosted-orkney-industry-day/">Mocean hosted Orkney Industry Day</a> appeared first on <a href="https://mocean.thalamus.co.uk">Mocean Energy</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Key themes emerge from leading conference on ocean energy</title>
		<link>https://mocean.thalamus.co.uk/key-themes-emerge-from-leading-conference-on-ocean-energy/</link>
		
		<dc:creator><![CDATA[Marisa McNatt]]></dc:creator>
		<pubDate>Thu, 17 Nov 2022 05:05:45 +0000</pubDate>
				<category><![CDATA[Latest News]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[conference]]></category>
		<category><![CDATA[consolidated metrics]]></category>
		<category><![CDATA[diverse value]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[peer collaboration]]></category>
		<category><![CDATA[stakeholder involvement]]></category>
		<category><![CDATA[wave energy]]></category>
		<guid isPermaLink="false">https://www.mocean.energy/?p=906</guid>

					<description><![CDATA[<p>Key themes emerge from leading conference on ocean energy</p>
<p>The post <a href="https://mocean.thalamus.co.uk/key-themes-emerge-from-leading-conference-on-ocean-energy/">Key themes emerge from leading conference on ocean energy</a> appeared first on <a href="https://mocean.thalamus.co.uk">Mocean Energy</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>17th November 2022</p>



<p>By Andrea Caio</p>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="1200" height="627" src="https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/mocean_blog-post_surf-boards.jpg" alt="" class="wp-image-996" srcset="https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/mocean_blog-post_surf-boards.jpg 1200w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/mocean_blog-post_surf-boards-640x334.jpg 640w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/mocean_blog-post_surf-boards-768x401.jpg 768w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/mocean_blog-post_surf-boards-100x52.jpg 100w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/mocean_blog-post_surf-boards-1184x619.jpg 1184w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /></figure>



<div style="height:16px" aria-hidden="true" class="wp-block-spacer"></div>



<p><em>This year’s combined Ocean Energy Europe / International Conference on Ocean Energy brought together the world’s leading ocean energy developers and policy makers to San Sébastian in the Basque Country.</em></p>



<p><em>Here, <strong>Andrea Caio (Mocean Energy’s Business Development Manager)</strong> reflects on a busy programme where themes of collaboration, beachhead markets and commercialisation came to the fore.</em></p>



<p>The fervent desire to attend every available session in a conference program is by no means a given, nor is the buzz of being once more in the company of motivated ocean energy comrades. It is even rarer to finish a panel discussion, step onto the beach minutes later, don a wetsuit, pick up a surfboard, and personally explore the local wave resource with friends and colleagues at sunset. We could get used to it, and have the Basque city of San Sebastián and the organisers of the OEE-ICOE 2022 conference to thank – <em>eskerrik asko </em>or ‘thank you very much!’ as they say in Basque!</p>



<p>Last week, Mocean Energy was on display with its peers during two programmed sessions: <em>Towards EuropeWave Phase 2</em> (where we discussed our Blue Horizon 250 WEC), and a <em>Technology Showcase</em> (where we shared lessons from our Blue X deployment). From these and others, three prominent themes emerged: the significance of metrics, the conception and communication of value, and the need for greater collaboration.</p>



<div style="height:7px" aria-hidden="true" class="wp-block-spacer"></div>



<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex">
<div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow">
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="640" height="474" src="https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/EuropeWave-session-full_original-downloas-size_660x489-640x474-1.jpg" alt="" class="wp-image-997" srcset="https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/EuropeWave-session-full_original-downloas-size_660x489-640x474-1.jpg 640w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/EuropeWave-session-full_original-downloas-size_660x489-640x474-1-100x74.jpg 100w" sizes="auto, (max-width: 640px) 100vw, 640px" /></figure>
</div>



<div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow">
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="640" height="475" src="https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/EuropeWave-session_original-download-size_660x489-640x475-1.jpg" alt="" class="wp-image-998" srcset="https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/EuropeWave-session_original-download-size_660x489-640x475-1.jpg 640w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/EuropeWave-session_original-download-size_660x489-640x475-1-100x74.jpg 100w" sizes="auto, (max-width: 640px) 100vw, 640px" /></figure>
</div>
</div>



<div style="height:0px" aria-hidden="true" class="wp-block-spacer"></div>



<p>The EuropeWave session demonstrated how the recently consolidated IEA-OES metrics<a id="_ftnref1" href="#_ftn1">[1]</a> have been widely adopted by participating developers; a welcome step to more coherent industry progression. For one, this facilitates alignment with external stakeholders (e.g. funders), who can now ‘speak the same language’ as developers, but also aids the tracking of technology development internally. Through programs like EuropeWave &#8211; and previously Wave Energy Scotland’s<a href="https://www.waveenergyscotland.co.uk/programmes/details/novel-wave-energy-converter/" target="_blank" rel="noreferrer noopener"> NWEC</a><a id="_ftnref2" href="#_ftn2">[2]</a> &#8211; Mocean Energy has welcomed the opportunity for objective competitive assessment. These opportunities are as rare as they are valuable. Just as investors struggle to pick a winner among numerous WEC developers (if indeed <em>a</em> winner is appropriate for the wave sector, given its underlying differences with e.g. the wind sector), so can developers struggle to gauge where they stand with respect to one another. Common metrics can facilitate this.</p>



<p>The sharing of lessons learned – a focus of this session – goes hand in hand with this intent. As an industry, it seems we do not naturally lean towards open dialogue. This picture is not always accurate, but is accurate too often. It is true that in some cases we are competing for the same funding – and competition is generally a healthy sign for the industry. But we are also driving each other to innovate, for which we continue to need greater peer collaboration: one that is not mired by a fear that “only a few will make it”, but built on the awareness that siloing our efforts brings risks to all. In this sense, the emergence of industry champions can only be good news to inspire confidence in the sector.</p>



<div style="height:16px" aria-hidden="true" class="wp-block-spacer"></div>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="1184" height="620" src="https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/2_mocean_blog-post_conference-table-1184x620-1.jpg" alt="" class="wp-image-999" srcset="https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/2_mocean_blog-post_conference-table-1184x620-1.jpg 1184w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/2_mocean_blog-post_conference-table-1184x620-1-640x335.jpg 640w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/2_mocean_blog-post_conference-table-1184x620-1-768x402.jpg 768w, https://mocean.thalamus.co.uk/wp-content/uploads/2023/02/2_mocean_blog-post_conference-table-1184x620-1-100x52.jpg 100w" sizes="auto, (max-width: 1184px) 100vw, 1184px" /></figure>



<div style="height:23px" aria-hidden="true" class="wp-block-spacer"></div>



<p>Interestingly, participating EuropeWave developers presented varied device scales, timelines, and commercialisation plans for Phase 3 and beyond; some are directly aiming for utility-scale markets with large MW rated devices, while others are looking to step there via 100s of kW rated WECs with off-grid use cases. Whatever the pathway, commercialisation plans will have to crystallise heading into Phase 3 – keep an eye out! Indeed, though metrics consolidation is positive, the success thresholds in each evaluation area and at each successive development stage are still nebulous. Not least because many are likely to vary across different target markets; what is ‘good enough’ will ultimately come from the stakeholders, and will depend upon the specific application, location, and end-use. Who are we building this for? What is attractive about it? This brings us swiftly to the theme of wave energy’s value, and its close cousin: markets.</p>



<p>Value is often exclusively reflected by cost; there is no explicit value on learning. However, to reduce costs and increase learning, one has to deploy. So how to break the cycle? Despite the lingering tendency within the sector to refer to non-utility markets as <em>niche</em> &#8211; a not so helpful framing for potential funders and investors – a clear need for more data remains, the most valuable type coming from putting ‘steel in the water’. Mocean’s approach of learning-by-doing, via its “small-mid-grid” roadmap, aims to accelerate this very process. Markets across the Blue Economy (such as islands &amp; remote communities) are in fact sizeable, worth 10s of billions of Euros globally. They are neither alternative (they facilitate utility deployment in the longer term), nor emerging (they are well-established, albeit still growing). At Mocean, we prefer to use the term <em>off-grid</em>, or <em>beachhead</em> to describe them.</p>



<p>But “so what?”, one may ask. Well, if solar was first deployed for use in space missions in the 50s, it wasn’t until the 70s that it became efficient and affordable enough to be considered for use on Earth<a href="#_ftn3" id="_ftnref3">[3]</a> &#8211; and this efficiency and affordability emerged after considerable NASA and international research funding<a href="#_ftn4" id="_ftnref4">[4]</a>. Even then, it was initially used to power individual domestic items such as refrigerators, before its more recent and wider adoption as a grid-connected resource. Is it such a leap, therefore, to envision wave energy delivering local off-grid power in Blue Economy sectors before stepping up to grid-scale?</p>



<p>The second session also evidenced that the primacy of levelised cost of energy (LCOE), as an indicator of value, is beginning to dispel. Although minimising LCOE should remain a key target, its alleviation is generally good news. Considering the somewhat outdated energy ‘trilemma’<a id="_ftnref5" href="#_ftn5">[5]</a> – describing the tension between energy security, environmental impact, and affordability – it is clear that the collective conception of value has thus far been skewed towards affordability. However, global trends may soon correct this. Energy system shocks, whether environmental (droughts, hurricanes, etc.) or political (war in Eastern Europe), are evidencing the need for greater energy security and grid flexibility. Diverse and local energy sources of electrons are key to these requirements; this is where wave energy can crucially contribute. Projects like<a href="https://evolveenergy.eu/" target="_blank" rel="noreferrer noopener"> EVOLVE</a><a id="_ftnref6" href="#_ftn6">[6]</a> play a key role – e.g. illustrating how wave energy can command twice the value of wind energy when the wind is not blowing. Ironically, a diversified and more resilient system is likely to make energy also more affordable in the long run.</p>



<p>Ultimately, a healthy industry requires: technology, projects, pipeline, and funding (public and private). All of these ideally need to align at the same time. So what are we missing as a sector? Not so much technology; it feels like we have cracked the ‘up to full-scale prototype’, though demonstration of WEC arrays is still a ways off. More so the latter three. We also need data. How do we get it? Two potential pathways are at-sea deployments and large scale hybrid testing – see, for example, the <a href="https://www.impact-h2020.eu/" target="_blank" rel="noreferrer noopener">IMPACT</a><a id="_ftnref7" href="#_ftn7">[7]</a> project. From a public perspective, a mix of innovation funding and revenue support will be essential to scale up to initial arrays, as well as funding to reduce the cost of money and capital needed. We also need more sharing of risk at the international level, with funding available across more risk profiles. Ambitious targets and ORE strategy are the right signals, but these then have to be delivered. Private funding comes into the fray here.</p>



<p>In one of the closing sessions, the head of OEE posed the question, “what would you, as participants of the conference, need?”. Broader engagement and reducing the echo chamber tendency of conferences such as OEE would help. On a more practical level, can we involve stakeholders (including potential private funders) in funding programmes such as EuropeWave in the future? This would help them to gain an inside view and understand the sector more, as well as help developer growth – not easy, but we do need to take them (investors, go-to-market partners, potential customers, etc.) along with us. Technology Readiness Level (TRL) is generally high enough now, momentum and interest is on the rise – yet investment somehow still feels elusive.</p>



<p>The Chair of OES closed the final session with a call to “less talk, more action”. Borrowing the words of wave energy pioneer Stephen Salter: “apparent simplicity often turns out to be the extent to which difficulties can be hidden”<a href="#_ftn8" id="_ftnref8">[8]</a>. The reality is more nuanced; we do need action, but action that is not disjointed and scattered across soloed efforts. If there is one thing we take away from the week is that: how we talk and communicate &#8211; in the industry and outside it – is just as important as our ever growing technical achievements. Positivity is great, but it needs to be boosted with an appropriate amount of realism. We have more challenges to solve as a sector, together.</p>



<p>Big Wave Surfer Sebastian Steudtner, who broke the world record for the highest wave surfed at a terrifying 26.21m and who visited on the first day of the conference said, “there’s always another more challenging wave to come”. At Mocean Energy, we’re ready for it!</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<p><a href="#_ftnref1" id="_ftn1">[1]</a> According to 9 Evaluation Framework Areas, specified in J. Hodges et al. (2021). <em>International Evaluation and Guidance Framework for Ocean Energy Technologies</em>. IEA-OES.</p>



<p><a href="#_ftnref2" id="_ftn2">[2]</a> https://www.waveenergyscotland.co.uk/programmes/details/novel-wave-energy-converter/</p>



<p><a href="#_ftnref3" id="_ftn3">[3]</a> https://science.howstuffworks.com/innovation/nasa-inventions/5-green-nasa-inventions.htm#:~:text=5%3A%20Pushes%20in%20Solar%20Power,on%20the%20International%20Space%20Station.&amp;text=Researchers%20at%20NASA%20didn&#8217;t,it%20was%20still%20largely%20uneconomical.</p>



<p><a href="#_ftnref4" id="_ftn4">[4]</a> https://solargaps.com/the-history-of-solar-technology-from-photovoltaic-invention-to-space-travel-and-solar-blinds/</p>



<p><a href="#_ftnref5" id="_ftn5">[5]</a> https://www.worldenergy.org/transition-toolkit/world-energy-trilemma-index</p>



<p><a href="#_ftnref6" id="_ftn6">[6]</a> https://evolveenergy.eu/</p>



<p><a href="#_ftnref7" id="_ftn7">[7]</a> https://www.impact-h2020.eu/</p>



<p><a href="#_ftnref8" id="_ftn8">[8]</a> S. Salter (2005) – <em>A Personal View of Renewable Marine Energy.</em> (Wave and Tidal Technologies Symposium)</p>
<p>The post <a href="https://mocean.thalamus.co.uk/key-themes-emerge-from-leading-conference-on-ocean-energy/">Key themes emerge from leading conference on ocean energy</a> appeared first on <a href="https://mocean.thalamus.co.uk">Mocean Energy</a>.</p>
]]></content:encoded>
					
		
		
			</item>
	</channel>
</rss>
