Wednesday, 28 June
will speak about international and niche markets for wave and tidal energy.
For a number of years the focus of the marine renewables sector has been grid scale electricity generation. This is challenging market to break into because of the high financial investment, the high risks associated with unproven technology, the near-term dependence on electricity tariffs, and the uncertainty of these support mechanisms.
Max Carcas will present results from a recent study on early feeder markets, funded by Scottish Enterprise, carried out by his company, Caelulum, in collaboration with Aquatera. Promising international and emerging markets are identified, where there is both the resource and favourable support mechanisms and policies. A number of these ‘niche’ markets are quite large, and could be early feeder markets for marine renewables with the right ‘fit’.