Getting Metal Wet: SEAI and Ocean

Energy Development in Ireland

Dr. Brendan Cahill

SmartBay Users Workshop 2015

Challenge: Survivability & Reliability

Challenge: Commercial Maturity

BNEF: Levelised Cost of Electricity ($/MWh)

Challenge: Finance

The End

Opportunity: Resource

Annual average wave power (kW/m)

Opportunity: Economic Benefits

Opportunity: Policy

Actions: Developing Test Sites

Prototype Fund: Building Devices

Action: New Support Mechanisms

ERA-NET

MRIA

Finance

Study

OREDP

?

?

Prototype

Fund

SBIR

DOE/

WES

Vindeby (1991): 11 x 450kW

Middlegrunden (2000): First Commercial Offshore Wind

Jan-June 2015: 584 new grid-connected turbines (2.3GW)

46% LCOE Reduction by 2020

SI Ocean: Levelised Cost of Energy projections for wave & tidal energy

Test Sites Technology

Development

New Support Mechanisms

Collaboration

www.oceanenergyireland.com