All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Marine Investment in the Blue Economy Horizon 2020 Coordination and Support Action Project

Mike Blanch, BVGA Associates, Associate Director / Operations Director / lead on Financial Modelling and offshore wind

Will combining sectors deliver blue

growth?

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Kate Johnson, Heriot Watt University (ICIT)

Pedro Diaz, Universidad de Cantabria

Roland Wijnen, Business Models Inc.

Sander Vandenburg, Stichting Dienst Landbouwkundig Onderzoek (DLO)

Ian Masters and Dimitris Pletsas, Swansea University

Gordon Dalton, University College Cork

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

MARIBE: A Blue Growth Project

Funded under Societal Challenges BG 5: Preparing for the future innovative offshore economy

A Horizon 2020 Coordination and Support Action Project

Scope has varied to reflect EU Commission thinking

Will be used to inform future EU Commission funding. For example BG 4.

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

MARIBE: A Blue Growth Project

Challenge: To intensify, diversify and expand further offshore economic activities in Europe‘s seas

Means: developing larger scale activities offshore by overcoming technological and non-technological challenges and using the most promising and sustainable business models

One approach is to combine different activities at the same location

Multi-use of space (MUS) – share infrastructure / services

Multi-use platform (MUP) – share platform.

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

The MARIBE Consortium

18 month Coordination and Support Action funded under H2020 Consortium of 11 partners led by UCC Ends end August 2016.

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Aims and Objectives

INVESTMENT Use the consortium’s diverse network to introduce project stakeholders to key

advisors and potential investors.

3

CHALLENGES Provide information on the socio-economic context and the key technical and

non-technical challenges facing these projects based in part on lifecycle

learning.

2

OPPORTUNITIES Identify opportunities for Blue Growth sectors to combine with other sectors via

multi-use of space or in multi-use platforms and assist in the development of the

most promising projects within these combinations. Took recently EU funded

projects such as those under Oceans of Tomorrow as a starting point.

1

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Basins considered

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Work packages

Unlock the potential of multi-use of space in the offshore economy

Socio-economic context

Technical and non-technical barriers

Investment

Business models

Cooperation opportunities

WP 4

WP 5

WP 6

WP 7

WP 8-10

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Exploration of Cooperation Opportunities – WP 8

WP 8-10 focus on the exploration of cooperation opportunities

WP 8 – Identification of 24 combinations of interest to MARIBE

Rated based on technological, Environmental, Socio-economic, financial, commercial viability

Shortlisted to 12 combinations with input from EC

12 projects not shortlisted are Category C projects

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Deliverables for each category

Category C projects (WP8)

Strategic report - outlines the strategic plan and roadmap for the concept

Category B projects (WP9)

Technical brief

Financial models (commercial after 2 successful commercial projects, pilot)

Business plan and risk assessment

Category A projects (WP10)

As Category B projects plus

Implementation plan.

Consequence

5

4

3

2

1

1 2 3 4 5

Likelihood

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Advisory session 15 and 16 June 2016, Brussels

A two -day event where companies will pitch their project concepts to an advisory panel

made up of:

Potential investors and partners

Business consultants

Investment experts

Trade body representatives

European Commission members

Maribe partners

Also shorter ‘dragons den’ type pitch for all companies.

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Project status

Currently

3 Category A projects

6 Category B projects

13 Category C projects

Focus on preparing documentation for the Advisory Session in Brussels in June.

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

9 types of project

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

9 types of project

5 include wave

0 include tidal

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Wave Dragon, Seaweed Energy Solutions and BELLONA are working together on a combined wave and aquaculture project in the North Sea.

Albatern is working with AquaBioTech investigating the potential of wave energy technology providing power to an aquaculture farm in the Mediterranean basin.

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

JJ Campbell & Associates engineering firm is working with the Centre for Renewable Energy in Dundalk to develop an integrated floating wind and wave platform for a project Atlantic.

Floating Power Plant (FFP) developing a multi-use platform combining wind and wave technology for a project in the Atlantic. The company is entering the commercialisation stage, based on over 8 years of R&D, testing and business development. FPP has successfully operated a half scale offshore prototype for over 2 years – making FPP the only company in the world that have successfully provided power to the grid from wave and wind at the same time. The company is backed by 156 private shareholders and leading industrial development partners.

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Float Incorporated is developing a large offshore platform, modular in design with multiple applications to be placed in the Atlantic.

All-Energy May 2016

This project has received funding from the European Union’s Horizon 2020 research and

innovation programme under grant agreement No 652629

Get Involved

On Stand J09 where Eoin Moynihan (UCC), Sandy Kerr (Heriot Watt) and I will be pleased to talk further

LinkedIn group: maribe, Follow on Twitter: @maribeproject

www.maribe.eu, maribe@ucc.ie

Thank you for listening; mjb@bvgassociates.co.uk +44(0)1793 752 308