Ocean energy industry sets research priorities for maximum impact

Technology horizon2020 European Commission Strategic Research Agenda
Ocean energy industry sets research priorities for maximum impact
SRA Meeting Group

TP Ocean – the European Technology & Innovation Platform for Ocean Energy – has defined the research priorities for Europe’s ocean energy industry in a report called the Strategic Research Agenda (SRA). The document aims to increase reliability, while reducing risk and technology costs, across the ocean energy industry in the most efficient manner.

The SRA is the first European document to prioritise research topics for the ocean energy industry and was produced by 220 industry experts from 150 organisations over a two year period. It is the industry’s main input into European and national research programmes.

Jacopo Moccia, Secretary General of TP Ocean outlined the importance of the publication:
“RD&I investment has the biggest impact when it is prioritised and coordinated. The SRA provides the industry’s consensus on where research programmes, such as the EU’s Horizon 2020, should focus. It will also help coordinate ocean energy research across Europe”.

Andras Siegler, Director of the Energy, DG Research & Innovation, European Commission welcomed the publication: “This report from the ocean energy industry is very timely. The Commission is now developing new policies to support research and innovation, and the SRA is a welcome input to this process”.

The SRA recognises that for ocean energy to achieve its full potential and play a major role in Europe’s energy mix, its cost of energy needs to come down and tend towards €c10/kWh or lower.

Mr Moccia outlined what the industry must do to reach this target:
“The industry has three core challenges ahead if it is to reach its cost targets: Improving the reliability of ocean energy devices; reducing the perceived technology risk; and reducing technology costs. These need to be addressed in that order. The SRA prioritises research topics which address these challenges ”.

TP Ocean thanks the Offshore Renewable Energy Catapult (UK), the Sustainable Energy Authority of Ireland (IE) and PLOCAN (ES) for supporting the production of the SRA.