Wave energy development gets a boost

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A new five-year collaborative programme will boot wave energy technology development by channelling €20m to the most promising wave energy concepts.

EuropeWave

The Basque Country and Scotland’s ‘EuropeWave’ programme is match-funded by the European Commission. Photo: Ocean Energy Europe

The Basque Country and Scotland’s ‘EuropeWave’ programme is match-funded by the European Commission via its Horizon 2020 programme, and Ocean Energy Europe is onboard as a project partner.

Scottish Minister for Energy, Connectivity and the Islands, Paul Wheelhouse, and Basque Minister for Economic Development, Sustainability and Environment, Arantxa Tapia announced the initiative during a joint interview at the 2020 Ocean Energy Europe Conference & Exhibition (OEE2020).

Minister Tapia said: “This project is an ideal platform for collaboration between two regions in Europe to promote a new sector that contributes to the energy transition, creating a new economy and employment for our citizens. It is a clear example of how things should be done.”

Pre-commercial procurement

EuropeWave will use a ‘pre-commercial procurement’ approach to identify and fund the most promising wave energy devices from developers across Europe. Concepts will be assessed according to strict technical and economic performance metrics, and the best performers will be demonstrated in Basque and Scottish open waters at the end of the programme.

Both the Basque Country and Scotland are committed to full decarbonisation and have developed long-term strategies to transition their energy systems.

EuropeWave aims to build on these strengths to ensure that the Basque Country and Scotland remain leading players in Europe’s emerging ocean energy sector and the wider energy transition.

This collaboration is closely aligned with the decarbonisation, industrial and competitiveness objectives of the European Green Deal, and will help meet the European Commission’s newly-announced targets of 100MW of ocean energy by 2025 and at least 1GW by 2030.

By Rebecca Jeffrey