 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 |
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 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
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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 |
