Wave Hub - Regensw
Wave Hub Guy Lavender – General Manager Wave Hub
WAVE HUB LOCATION
EMEC, Orkney
NaREC/EMEC
Refined Prototype Testing
Market penetration
NaREC, Northumberland Market entry with commercial product
Initial Prototype Demonstration
Wave Hub, Cornwall Pre-Commercial Device Demonstration
Hub Loading
The Beach Pull
Cable on the Beach
In the Water
The Eagle has Landed!
•
Lessons Learnt • • • • • •
Knowledgeable and well resourced team Challenges of consenting Project finance and flexibility Communications Public sector procurement process Commercial risk
Key Issues • Future ownership of Wave Hub – National Model – Local Model – Public Private Partnership
Key Issues • Customers – OPT and other developers – Project Finance – Technology improvement – Development Pathway • Research requirements - PRIMaRE
Key Issues • Government Policy – Leadership – A UK wide ROC/FIT mechanism – Continued grant funding – Leveraging private sector investment – A clear timetable for future licensing rounds
FUNDING
QUESTIONS?
WAVE HUB LOCATION
EMEC, Orkney
NaREC/EMEC
Refined Prototype Testing
Market penetration
NaREC, Northumberland Market entry with commercial product
Initial Prototype Demonstration
Wave Hub, Cornwall Pre-Commercial Device Demonstration
Hub Loading
The Beach Pull
Cable on the Beach
In the Water
The Eagle has Landed!
•
Lessons Learnt • • • • • •
Knowledgeable and well resourced team Challenges of consenting Project finance and flexibility Communications Public sector procurement process Commercial risk
Key Issues • Future ownership of Wave Hub – National Model – Local Model – Public Private Partnership
Key Issues • Customers – OPT and other developers – Project Finance – Technology improvement – Development Pathway • Research requirements - PRIMaRE
Key Issues • Government Policy – Leadership – A UK wide ROC/FIT mechanism – Continued grant funding – Leveraging private sector investment – A clear timetable for future licensing rounds
FUNDING
QUESTIONS?
