In the FORESEA (Funding Ocean Renewable Energy through Strategic European Action) project, DMEC works together with other European test centres to bring ocean energy technologies to market. Our partners in this project are the European Marine Energy Centre (UK, coordinator of the project), SmartBay (Ireland) and SEM-REV (France). FORESEA enables the demonstration of innovative marine renewable energy technologies in real sea conditions, which helps leverage the investment needed to take these new products to market. The test centres are supported by the European industry association Ocean Energy Europe, based in Brussels.
European technologies lead the development of ocean energy globally. To translate this leadership into a new industrial sector, it is essential that a critical mass of technologies receive enough private investment to take them to the marketplace. The cost of pre-commercial testing and demonstration of ocean energy technologies is high and investors are cautious to invest until the technology has been proven in the operational conditions at full-scale. The result is that at the point where risks are highest and capital requirements most intensive - e.g. open ocean testing and demonstration – technology developers hit a funding brick wall. The FORESEA programme encourages longer-term testing and technology de-risking, thereby leveraging further investment and enabling progression towards the market.
Access to the test sites is supported and funded by the FORESEA project through a programme of bi-yearly competitive calls:
Call 3 runs until 29 September 2017 Call 4 is expected to run from October till December 2017