title of presentation to go here presentation by jamie clarke - Regensw
Importance of Offshore Renewables to the South West Nick Ames – Managing Director, Supacat/ LEP Board member 5 December 2012
Agenda • South West offshore energy assets • Benefits to the South West of embracing Offshore energy
• LEP and Low Carbon initiatives
SW England – A great place for offshore renewable energy…….
• Peninsula location • Port assets – Plymouth, Bristol, • • • • • • • • •
Falmouth, Appledore and others Universities with Marine and Engineering specialisms Wave Hub – a unique asset Grid connections – net importer Coastal experience SW Marine Energy Park Location of UK’s first windfarm Low carbon communities MET office Engineering supply chain
The SW Offshore Renewable Energy resource bed
Tidal
Wave
WInd
Source data: ORRAD report, 2010
Agenda South West offshore energy assets Benefits to the South West of embracing Offshore energy
LEP and Low Carbon initiatives
Benefits to the SW of Offshore Renewable Energy
• Sustainable jobs
South West Capital Expenditure 2015- 2030 1400 1200 1000 Wind CAPEX
800 £ Million
Wave CAPEX 600
Tidal CAPEX
400 200 0 2015-2020
2020–2025
2025–2030
2030 in planning
£3.5 Billion SW Capex spend on offshore renewable energy by 2030 Source: ORRAD 2010
SW Operational Expenditure 2015 - 2030 2000 1800 1600 1400
£ M i l l i ons
1200
Wind OPEX
1000
Wave OPEX
800
Tidal OPEX
600 400 200 0 2015-2020
2020–2025
2025–2030
2030 in planning
Over £350m per annum by 2020 Source: ORRAD 2010
GVA (Value Add) to the Economy
2020– 2025
2025– 2030
2030 in planning
Totals
Direct GVA
Direct GVA
Direct GVA
Direct GVA
Direct GVA
Tidal CAPEX
148
36
53
121
357
Tidal OPEX
16
32
42
65
155
Wave CAPEX
153
115
305
37
611
Wave OPEX
16
43
96
143
297
Wind CAPEX
362
154
120
113
749
Wind OPEX
250
612
811
974
2647
Totals
944
992
1427
1453
4817
Technology
20152020
£4.8bn GVA by 2030
Source: ORRAD 2010
South West Jobs –
all technologies 6000
Direct Posts
5000 4000 CAPEX
3000
OPEX
2000 1000 0 2010-2015 2015-2020 2020-2025 2025-2030
2030 +
Over 80% wind related O&M Over 5,000 O&M posts by 2030 Source: ORRAD 2010
Agenda South West offshore energy assets Benefits to the South West of embracing Offshore energy
LEP and Low Carbon initiatives
Low Carbon Special Interest Group
Now established with remit to: “.. involve and work with partners in the public and private sector, and organisations such as Regen SW and the Institute of Civil Engineers to define our position, shape our policy, and enable progress towards the first low carbon LEP by capturing funding for the region’s projects”
Region holds many Low Carbon energy programmes, such as: Hinkley Point, Atlantic Array, Cranbrook housing heating, Numerous Energy from Waste programmes, Langridge Biomass, Solar farms, Geothermal, woodchip burners and providers, Wave hub, Fab Test
Summary The SW is well placed to lead the nation on Offshore Renewable energy – this is tomorrow’s export market
Atlantic Array is a key part of that strategy but it needs to be carefully managed with stakeholders
The LEP is committed to supporting this sector and making the point to Government that it needs to be financially supported
Agenda • South West offshore energy assets • Benefits to the South West of embracing Offshore energy
• LEP and Low Carbon initiatives
SW England – A great place for offshore renewable energy…….
• Peninsula location • Port assets – Plymouth, Bristol, • • • • • • • • •
Falmouth, Appledore and others Universities with Marine and Engineering specialisms Wave Hub – a unique asset Grid connections – net importer Coastal experience SW Marine Energy Park Location of UK’s first windfarm Low carbon communities MET office Engineering supply chain
The SW Offshore Renewable Energy resource bed
Tidal
Wave
WInd
Source data: ORRAD report, 2010
Agenda South West offshore energy assets Benefits to the South West of embracing Offshore energy
LEP and Low Carbon initiatives
Benefits to the SW of Offshore Renewable Energy
• Sustainable jobs
South West Capital Expenditure 2015- 2030 1400 1200 1000 Wind CAPEX
800 £ Million
Wave CAPEX 600
Tidal CAPEX
400 200 0 2015-2020
2020–2025
2025–2030
2030 in planning
£3.5 Billion SW Capex spend on offshore renewable energy by 2030 Source: ORRAD 2010
SW Operational Expenditure 2015 - 2030 2000 1800 1600 1400
£ M i l l i ons
1200
Wind OPEX
1000
Wave OPEX
800
Tidal OPEX
600 400 200 0 2015-2020
2020–2025
2025–2030
2030 in planning
Over £350m per annum by 2020 Source: ORRAD 2010
GVA (Value Add) to the Economy
2020– 2025
2025– 2030
2030 in planning
Totals
Direct GVA
Direct GVA
Direct GVA
Direct GVA
Direct GVA
Tidal CAPEX
148
36
53
121
357
Tidal OPEX
16
32
42
65
155
Wave CAPEX
153
115
305
37
611
Wave OPEX
16
43
96
143
297
Wind CAPEX
362
154
120
113
749
Wind OPEX
250
612
811
974
2647
Totals
944
992
1427
1453
4817
Technology
20152020
£4.8bn GVA by 2030
Source: ORRAD 2010
South West Jobs –
all technologies 6000
Direct Posts
5000 4000 CAPEX
3000
OPEX
2000 1000 0 2010-2015 2015-2020 2020-2025 2025-2030
2030 +
Over 80% wind related O&M Over 5,000 O&M posts by 2030 Source: ORRAD 2010
Agenda South West offshore energy assets Benefits to the South West of embracing Offshore energy
LEP and Low Carbon initiatives
Low Carbon Special Interest Group
Now established with remit to: “.. involve and work with partners in the public and private sector, and organisations such as Regen SW and the Institute of Civil Engineers to define our position, shape our policy, and enable progress towards the first low carbon LEP by capturing funding for the region’s projects”
Region holds many Low Carbon energy programmes, such as: Hinkley Point, Atlantic Array, Cranbrook housing heating, Numerous Energy from Waste programmes, Langridge Biomass, Solar farms, Geothermal, woodchip burners and providers, Wave hub, Fab Test
Summary The SW is well placed to lead the nation on Offshore Renewable energy – this is tomorrow’s export market
Atlantic Array is a key part of that strategy but it needs to be carefully managed with stakeholders
The LEP is committed to supporting this sector and making the point to Government that it needs to be financially supported
