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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

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Will combining sectors deliver blue growth

  • 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 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?
  • 2. 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
  • 3. 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.
  • 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.
  • 5. 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.
  • 6. 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
  • 7. 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
  • 8. 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
  • 9. 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
  • 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 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
  • 11. 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.
  • 12. 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.
  • 13. 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
  • 14. 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
  • 15. 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.
  • 16. 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.
  • 17. 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.
  • 18. 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