Cornwall & Isles of Scilly - CIOS LEP Renewables Roadmap.pdf · Councillor Julian German –...

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Cornwall & Isles of Scilly Marine Renewables Roadmap

2015 – 2025

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The National Marine Energy Programme Board (MEPB) has recently highlighted1 ‘high value jobs will continue to be created close to areas of high energy resource and in areas such as Cornwall and the Isles of Scilly where other economic development opportunities are limited’.

Cornwall and the Isles of Scilly (C&IoS) are blessed with some of the best wave and offshore wind resources in the UK. So investing in marine renewables energy (MRE) to secure our low carbon future not only makes long term economic sense, but will help to secure the continued growth of this sector, contributing to our ambition to create a C&IoS energy market.

The C&IoS Local Enterprise Partnership (LEP) working with Cornwall Council and the Council of the Isles of Scilly have produced this marine renewables roadmap to outline where we believe the public and private sector can work together to remove existing barriers within the local marine renewables sector. C&IoS LEP recognise that where support can be provided it is important it aligns with the MEPB’s summary recommendations produced in February 2015 and maintains a fit with the South West’s wider ambitions, as recently reflected by the South West Marine Energy Park (SWMEP).

MRE development in C&IoS is a long term investment but we believe that we need to build on the £100m investment already made in our MRE industry to date. Understanding the time needed to develop this market, our roadmap considers future development over a 10 year period to 2025. However we equally recognise the urgency to secure the sector, therefore our focus over the next 5 years is to support the establishment of robust foundations that will enable the private sector to achieve the next steps towards commercialisation. We are keen to look at the opportunities MRE presents not only in C&IoS, but also through the link that we have with the SWMEP and on a national and global level.

Recognising the challenges faced by the industry, especially its limited access to finance, it is important we play a role establishing where public sector funding could be used to leverage private sector finance and de-risk projects. This should help provide the foundations to support and encourage future project developers in the construction of fully commercial wave energy parks.

Nationally, our links to the Marine Energy Programme Board (MEPB) provide us with an excellent opportunity to work cohesively across the sector. However, it is essential we also work collaboratively with our Celtic partners in Wales, Scotland, Northern Ireland and Ireland, to address common challenges. We must also maximise opportunities where we can support development and growth, as well as learn from one another, ensuring the UK stays a world leader in this emerging market.

This roadmap recognises the work already being progressed by our growing supply chain and key partners. The roadmap has been produced following 12 months of engagement with the industry and identifying where public finance can be most effectively used to achieve long term growth. We are fortunate to have access to exceptional skills and an internationally recognised offshore renewables supply chain. We also have access to world leading test facilities with the Dynamic Marine Component test facility (DMaC), FaBTest and Wave Hub. It is envisaged that by supporting the further development of our local MRE sector, we will see a number of devices deployed off the coast of C&IoS over the next 12 months and beyond. We must ensure that our local supply chain continues to thrive and that C&IoS is well positioned to play its part in securing the UK’s continued reputation as a market leader in offshore renewables.

Cornwall & Isles of Scilly Marine Renewables Roadmap 2015 – 2025

Foreword

1 Wave and Tidal Energy in the UK: Capitalising on Capability, A Report for the Marine Energy Programme Board, February 2015

Chris Pomfret – Cornwall and Isles of Scilly Local Enterprise Partnership – Chairman

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Note: Research into the MRE industry has highlighted some confusion around the categorical definition of ‘non- onshore’ renewables energy sources.

• Marine Renewables Energy (marine energy or marine power) relates specifically to those energy generating activities utilising the action of the seas’ tides and/or waves.

• Offshore Renewables Energy relates to energy producing activities that do not take place onshore (i.e. on the land territory of the UK and dependencies).

In their ‘UK Renewables Energy Roadmap’ the Department of Energy and Climate Change (DECC) make a clear distinction between Marine Renewables energy as inclusive of wave and tidal power and separate from offshore wind renewable energy sources. For the sake of this document, due to a crossover in ‘offshore’ activities, all three renewables energy sources are referred to under the umbrella term ‘Marine Renewable Energy’ (MRE).

Councillor Julian German – Cornwall Council, Portfolio Holder for Economy and Culture

Marine Renewables Energy is a key component in the development and delivery of our ambition to deliver a local energy market within Cornwall, and I fully support this Roadmap which identifies the foundations on which the continued growth of this important sector maybe built.

Councillor Richard McCarthy – Council of the Isles of Scilly

We are very much in favour of the roadmap and encouraging the marine renewable sector locally. It fits in well with our own long term ambition to create a low carbon economy on the Isles of Scilly. We believe the islands provide an ideal location for developers to trial and develop and ultimately we trust to make a commercial success of their technologies.

Dr Stephen Wyatt – The Offshore Renewable Energy Catapult - Director of Strategy and Commercialisation

The Offshore Renewable Energy Catapult welcome this report which clearly sets out what Cornwall and the Isles of Scilly, can do to unlock the potential of Marine Renewables and how this fits with the wider South West and UK ambitions. We look forward to working with Innovators, the supply chain, academia, the Cornwall and Isles of Scilly Local Enterprise Partnership and the local authorities to prove and de-risk promising technologies on the pathway to commercialisation.

Peter Kydd – South West Marine Energy Park (SWMEP) - Chair

It’s great to see that the Cornwall and Isles of Scilly Local Enterprise Partnership roadmap are closely aligned with the recently published SWMEP ambitions document. By working together we can help to create the right conditions to drive forward development in this sector.

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Our focus over the next 5 years is to support the establishment of robust long term foundations that will enable the private sector to achieve their next steps towards commercialisation. We are keen to look at the opportunities MRE presents not only to our region, through the link that we have with the South West Marine Energy Park (SWMEP), but on a national and a global level

As reflected in SWMEP’s Outlook and Long Term Ambition to 2030 document2 and the recommendations identified by the Governments Marine Energy Programme Board (MEPB) in February 20153, the industry remains at an early stage of commercial development and continues to need market support and enabling finance from both the public and private sectors.

In November 2104 The Offshore Renewables Energy Catapult (OREC)4 projected (based on its current trajectory) in the region of £200 million of investment will be required to drive the wave industry along a path to commercial readiness, with further investment necessary above this figure to deploy the first wave arrays.

The C&IoS LEP, Cornwall Council and the Council of the Isles of Scilly recognise these challenges as the MRE sector continues to identify ways to bridge the finance gap between early stage Research, Development and Innovation (RD&I) activity and the necessary period of development time required to deliver commercially

viable technology, which satisfactorily address the perceived investment risks of mature lending sources.

In addition, a well-developed and flexible supply chain is an underpinning factor in the development, growth and sustainability of the MRE industry. C&IoS already has supply chain competencies in the key lifecycle stages that are relevant for the current stage of the industry’s development and there are a number of players making excellent progress in the industry on an international platform.

Suitably qualified, skilled and available workforce is a fundamental industry requirement for sustainable development and growth. C&IoS’s MRE supply chain businesses already possess many MRE specific skills in the key stages of the industry lifecycle including

planning and project management/crossover professions, research and development, feasibility assessment, design, manufacture/construction.

Informed by national and local MRE sector feedback, drawing from a robust evidence base and by building on C&IoS’ historic MRE investments (see table on page 5), the roadmap sets out our ambitions for the development of MRE and early deployment of marine renewables technology within C&IoS, between 2015 and 2025.

We intend to create an environment where technology developers can flourish. By drawing together and coordinating the best research, supply chain companies and expertise, we will support the development pathway for technology innovators. Working with national organisations such as the Offshore Renewable Energy Catapult (OREC), we will strengthen links with the broader UK innovation landscape, and ensure the sector as a whole learns more efficiently, collaborates to leverage funding, and cements the UK’s position as world leader in MRE.

Cornwall & Isles of Scilly Marine Renewables Roadmap 2015 – 2025

2 Outlook and Long Term Ambition to 2030, February 2015, South West Marine Energy Park3 Wave and Tidal Energy in the UK: Capitalising on Capability, A Report for the Marine Energy Programme Board, February 20154 Financing Solutions for Wave and Tidal Energy, November 2014

Cornwall & Isles of Scilly Marine Renewables Roadmap 2015 – 2025

OverviewWhat We Want to Achieve

Marine renewables energy is a global market opportunity for Cornwall and the Isles of Scilly…. our aim is to smooth the path to commercialisation for marine renewables energy developers and ensure that we maintain a significant competitive advantage in a sector that has enormous potential for our region.

Chris Pomfret, Chair of C&IoS Local Enterprise Partnership

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Table 1: Securing economic development through Offshore Renewables growth

Existing Assets 2014 – 2020 2020 – 2025+

C & IoS Future Economy

• Enabling Onshore / Offshore Infrastructure

• De-Risking Future Market Led Investment

• Grow Emerging Marine Technology Cluster

• Support Demonstration of Pre Commercial Offshore Arrays

C & IoS Future Economy Outcomes

• Marine Renewables Energy Generation

• Growing Local Energy Economy

• Commercialisation

• Increasing GVA

• High Value Employment

• Robust Export CapacityResearch & Development Test, Development

and Deployment

World Class Research

Component Testing

Infrastructure

Universities DMac FaBTest HMBP

CoAST Test Tank SW Mooring Test Facility

Wave Hub Supply Chain

Test and Demonstration

As the industry evolves through the development pathway (see Figure 2, page 9) it is recognised there will be a need for the public sector to work with industry to ensure appropriate investments are made which will address potential shortages of skilled workers so the future of the MRE industry is safeguarded. This will allow C&IoS to take full advantage of the socio economic opportunities the MRE sector has to offer through job creation and skills export opportunities.

In determining what success may look like in 2020 and beyond, the C&IoS LEP have made the following observation:

We will have pioneered new industries that make the most of the region’s special environment and developed new, innovative and commercial renewables energy technologies. We will have built on existing European investments, such as Wave Hub.

Cornwall & Isles of Scilly European Structural & InvestmentFund Strategy 2014 – 2020. Cornwall and the Isles of ScillyLocal Economic Partnership

Based on evidence gathered through the development of the C&IoS LEP’s Strategic Economic Plan and EUSIF Future Economy (Green and Marine) strand, the C&IoS LEP, Cornwall Council and the Council of the Isles of Scilly are committed to growing C&IoS’s Marine Technology Sector (of which MRE is a key strand). This commitment is reflected in our strategic targets for economic growth in C&IoS Green and Marine sector by 2020:

• Creating a minimum of 100 new businesses

• Creating 700 new high value jobs

• Contributing to an increase in renewables energy production which will support the UK to meet and exceed the national 15% generation target

• 1,166 participants involved with high level/future economy based skills training

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Cornwall & Isles of Scilly Marine Renewables Roadmap 2015 – 2025

In late 2014 a number of high profile failures emphasised the challenges faced by the industry, underlining the importance of continued investment in technology development, strengthening of the supply chain and support for pre-commercial demonstration, to raise investor confidence and secure future commercialisation.

The UK has the opportunity to lock in its current pioneering position in wave and tidal energy. Instilling confidence in the long term prospects will help to draw in private investment and grow a flourishing, commercial UK market over the next decade. With supply chain requirements in this domestic market met predominantly by UK companies, the experience gained will enable

these companies to capture the lion’s share of the export market as it grows out to 2050.

Wave and Tidal Energy In the UK: Capitalising on CapabilityA Report for the Marine Energy Programme BoardFebruary 2015

As reflected within SWMEP’s Outlook and Long Term

Ambition to 2030 document5 the long term economic and

energy generation potential from the wave energy sector

by 2030 is significant. It is anticipated wave generation

of 15-20 MW by 2020, 50-100 MW by 2025 and up to

300-500MW by 2030 across the region, given the available

wave resource the majority of this wave generation is likely

to be secured in the water off C&IoS. By deploying this

level of generation it will also provide C&IoS with the

opportunity to create a diverse local energy market and

continue to grow its position in the commercialisation

of wave energy generation.

Sector Potential

Diagram 1: Forecast Wave Energy Development - SWMEP6

5 Outlook and Long Term Ambition to 2030, February 2015, South West Marine Energy Park6 Adapted from Outlook and Long Term Ambition to 2030, February 2015, South West Marine Energy Park

2030

Cumulative Capacity

300 – 500 MW(750 - 1200 GWh)

CAPAX

£1.2 – 2.0bnNot adjusted for inflation or discounted

Commercial Expansion

– Expansion of the first wave farms to create 2 or 3 full commercicial projects of 100 MW plus

2025

Cumulative Capacity

50 – 100 MW(130 – 260 GWh)

CAPAX

£250 – 500mNot adjusted for inflation or discounted

First Wave Farms

– First commercial wave farm deployed– 2 or 3 wave farms (10-30MW) to

financial close or under construction

2020

Cumulative Capacity

15 – 20 MW(40 – 80 GWh)

CAPAX

£75 – 100mNot adjusted for inflation or discounted

Success at Wave Hub

– 2 or 3 technologies – small array scale– Further FaBTest deployments– Collaboration with PRIMaRE

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During Wave and Tidal 2015, senior private sector investors

reflected on future growth of the UK’s MRE sector and in

doing so considered recent high profile failures and the

issues faced by the MRE sector. It was noted that there

is a need to address the growing tension between the

technical and commercial goals of first arrays. It is widely

recognised that the majority of technology risk maybe

retired through the Technology Readiness Level (TRL)

1–9 framework7. Although it was agreed that significant

commercial uncertainty and risk still remains in

progressing from the demonstration to commercial

phases of deployment8.

In order to help bridge the gap between technology

and commercial readiness (Figure 1, below), C&IoS LEP,

Cornwall Council and the Council of the Isles of Scilly

are seeking to target public funds to mitigate private

sector investment barriers and enable the sector to

reach its potential, whether this is achieved through

direct investment or in conjunction with private finance.

As identified in the roadmap (Figure 3, page 13)

investment priorities have been identified across three

key themes and are intended to support an environment

in which technologies maybe matured and the route

to future commercialisation paved.

7 The Technology Readiness Level (TRL) index is a globally accepted benchmarking tool for tracking progress and supporting development of a specific technology through the early stages of the technology development chain, from blue sky research (TRL1) to actual system demonstration over the full range of expected conditions (TRL9).

8 The Commercial Readiness Levels (CRL) begins once the technology is at a stage where it can be trialled and demonstrated in the field (e.g. TRL7). The Levels extend to when a technology or application is being commercially deployed and has become a bankable asset class (e.g. CRL6).

9 Wave & Tidal 2015, Session A6, Bringing Private Funding into Marine Energy Projects.

Figure 1: Bridging the gap between technology readiness and commercialisation9

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Cornwall & Isles of Scilly Marine Renewables Roadmap 2015 – 2025

Challenges & Opportunities International, national, regional and local sector engagement has highlighted a number of potential challenges that currently exist within the MRE sector which are having an impact on C&IoS ability to unlock its MRE potential.

Based on feedback from the sector and by building on the expertise of the local South West supply chain and the excellent range of facilities already established in C&IoS (Figure 2 on page 9), opportunities to plug existing facility and infrastructure gaps that will fully support the R&D, testing, demonstration and pre commercialisation of MRE technologies in C&IoS (Table 2, below) have been identified.

Challenges

Engagement with leasing and consenting organisations linked to marine energy (including associated timescales)

Raising Cornwall and Isles of Scilly’s profile within Central Government linked to MRE activities and future ambitions

Ensure appropriate enabling infrastructure and facilities are in place to support future MRE activities

Ensure Wave Hub is fit for purpose

Proving and increasing confidence in marine renewables technology

Costs associated with moving from Research, Development & Innovation to sea based testing

Costs associated with developing a wave array

Opportunities

Public sector to improve working partnerships with the Crown Estate and Marine Management Organisation (MMO) linked to future leasing opportunities, securing future consent for sites and future spatial planning

Public sector to continue developing improved working relationships with Central Government, Business Innovation and Skills and Department for Environment and Climate Change

Private and public sector to work collaboratively to address limited port access and infrastructure to identify workable solutions which support MRE deployment and operation and maintenance (O&M) activities

Support to install cable tails extensions

Encourage the private sector to draw together and coordinate the appropriate research, supply chain companies and expertise to support the development pathway for technology innovators

Support the private sector to help reduce costs in the transition from tank testing to sea trials

Encourage greater collaboration within the private sector, to share lessons learned to help reduce costs (especially for early stage developers) and secure the deployment of wave energy.

Table 2: Challenges and Opportunities

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Public Sector Intervention

Figure 2: Growing C&IoS MRE Development Pathway

Idea generation

3 Academic support for R&D and innovation

3 Tank testing

3 FaBTest

3 Wavehub>

Industry led R&D

Pre-start support

Start-up and test

Accelerate(Pre-commercial)

Consolidate(Commercial Array)

The elements of the Cornwall and Isles of Scilly offer

Established Supply Chain> > >

CommercialDeployment

><

FinanciersDevice Developers

TRL 1-3Proof of Concept

> TRL 3-5Concept Development

TRL 5-7Prototype Demonstration

TRL 7-9Full Scale/Array Demonstration

> > >

Full Commercial Deployment

CRLTRL

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Cornwall & Isles of Scilly Marine Renewables Roadmap 2015 – 2025

Pre Commercial and Commercial Deployment

Priorities for Cornwall & the Isles of Scilly

Marine Energy Programme Board Observations

While larger array projects (10-30MW) could be financially viable, it is impossible to raise the necessary finance for them without having first demonstrated smaller array and pilot projects in order to be able to offer the performance guarantees and warranties that would make larger developments investable.

Smaller array and pilot projects are generally not financially as viable as standalone projects, because of the high fixed costs associated with development, grid, installation and manufacturing.

The availability of capital from traditional investors in energy projects – utilities and project developers – is limited and is being stretched by the many other projects and technologies which currently offer similar or higher returns with much lower risk.

The risk profile, and limited returns, for new technology (especially in a marine environment) has also dissuaded private and institutional investors and has made debt finance very difficult to obtain.

Cornwall & Isles of Scilly Priorities

Ensure the differences between early stage developers and later stage developers are recognised and dealt with appropriately

Establish how existing research test and demonstration assets can become more closely aligned to developer requirements

Support the establishment of suitable financial engineering instruments

Encourage the development of credible commercial projects.

Local Justification

While there are some similar challenges and opportunity between the early stage and more mature developers, they do have different requirements both financially and technologically as they seek to progress their technologies towards full commercial scale development. For instance, early stage developers expressed interest in looking at how costs could be reduced through collaboration and help manage the step from tank testing to sea trails. This approach will therefore ensure the appropriate levels of support can be provided throughout the deployment process.

It is clear that while C&IoS have invested in a number of key assets such as the universities, FaBTest and Wave Hub, without further support these are at risk of not being maintained or fulfilling their potential. Therefore this priority will ensure they have a continued role in the future activities within the sector.

The industry remains at an early stage of commercial development and continues to need market support and enabling finance from both the public and private sector.

By supporting the route to commercialisation, there are opportunities for C&IoS to achieve a world first with the creation of a fully commercial wave array.

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Research, Development and Innovation (RD&I)

Marine Energy Programme Board Key Opportunities

Device and component/ sub-system supply and related Intellectual Property

System engineering, including design, manufacture and integration

Specialist skills & expertise, including in project development, installation and operation management.

Cornwall & Isles of Scilly Priorities

Consolidate MRE development within C&IoS at the Research Development and Innovation level

Encourage sector collaboration

Further develop and maintain a skilled workforce

Local Justification

The need to support the development of a coordinated industry-led approach to economic development in C&IoS with an MRE R&D and innovation space, enabling the links between innovation, academia and commercial needs.

To provide the necessary environment to maximise innovative development through collaborative working that will result in a streamlined, professional service for businesses wishing to work in the area.

To support the emerging MRE sector within C&IoS through the appropriate levels of training, including apprenticeships for school leavers and up-skilling individuals with the necessary transferable skills.

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Cornwall & Isles of Scilly Marine Renewables Roadmap 2015 – 2025

MRE development in C&IoS is a long term investment. Understanding the necessary time to develop this market, this roadmap considers future development over a ten year period. However, recognising the urgency to capture the near term security of the market, focus over the next 5 years is to support the establishment of robust foundations that will enable the private sector to achieve their next steps towards commercialisation and support long term growth.

To achieve sector growth it is essential finance is available to support C&IoS’s pre-commercial and commercial ambitions. It is acknowledged that there will not be any one solution to this requirement, and will therefore comprise a mix of private investment and public finance. Based on the outcome of industry feedback10 three distinct development themes have been identified:

1) Research, Development and Innovation2) Demonstration and Pre-Commercialisation3) Commercialisation (Marketing Development)

To ensure the success of this roadmap the public sector recognises the need for open and transparent discussion between the public sector and industry and will continue to work with C&IoS’s MRE industry to identify the most appropriate approach to achieving this.

The C&IoS LEP, Cornwall Council and the Council of the Isles of Scilly will seek to assist development of the three areas listed above, through supporting the activities and investments identified in the C&IoS MRE Roadmap on page 13.

Private sector finance will form the majority of investment into the future deployment of pre commercial and fully commercial wave arrays, however the need for public sector funding and finance is still required at the current levels of early stage development.

To this end, European and Central Government funds remain essential to unlocking existing barriers and further enhance any of the proposed capital, revenue and skills development such as Innovate UK, INTERREG, Horizon 2020, ERASMUS+.

European Regional Development Fund (ERDF), European Social Fund (ESF) and national funding are widely recognised as funds of last resort.  However, it is also acknowledged the MRE sector faces difficulties bridging the finance gap between early stage RD&I activity and delivery of commercially viable technology.

It should be recognised that the MRE sector will have potential opportunities to access European funding through the Growth for Business and Conditions for Growth strands of the EUSIF which cover a wide cross section of activities including potential for business support and ESF for skills and training related proposals.

More specifically, European funding will provide around £30 million of support to the MRE sector through a mixture of grant funding and financial engineering instruments.

Bridging the Gaps…The Roadmap

10 Sector engagement has included: MOR Opportunity Knocks event (Oct 2014), LEP workshop with Cabinet Office, Department for Business, Innovation and Skills (BIS), Department for Energy and Climate Change (DECC), Crown Estates, Marine Management Organisation (MMO) (Oct 2014), Wave symposium (Feb 2015), Wave and Tidal event (Feb 2015), Marine Energy Programme Board (March 2015), RD&I workshop (March 2015), Marine Energy Pembrokeshire (March 2015), ORDF engagement and ongoing communication with key stakeholders including supply chain, academic organisations, C&IoS’s MRE assets and technology developer and financier feedback.

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Figure 3: C&IoS MRE Roadmap

Research, Development and Innovation

Demonstration and Pre-Commercialisation

Commercialisation (Market Development)

Cornwall and Isles of Scilly MRE Roadmap

Financial Engineering Instruments (EUSIF)Mature Debt/Equity

Project Delivery(Wave Energy Park)

Balance of Plant (EG, Enabling

Infrastructure)

HE / FE Skills (Work Based Skills)

Medium/Long Term Priority‘Seed’ the development of a ‘commercial scale’ project (Potentially a UK 1st for Wave Energy and key differentiator for C&IoS LEP).

2015 – 2020 2017 – 2025+

Forecast Wave Energy Development (SWMEP)

Cumulative Generation Capacity 15 – 20 MW 50 – 100MW

Potential Funding Streams

Demonstration Sites (Wave Hub, FaBTest, South West Mooring Test Facility etc).

(Technology Deployment Pre Commercial Array)

Industry led RD&I

Horizon 2020INTERREG IVC Europe 2014 – 2020

European Structural and Investment Funds (EUSIF)Future UK National Programmes

MRE Advisory Groups

European Structural and Investment Funds (EUSIF) ESFERASMUS+

Cornwall & Isles of Scilly Marine Renewables Supply Chain Development

Early Priority To encourage Research, Development and Innovation activity and single device developer packages.

Early Priority To encourage pre commercial array scale projects (to complement wider UK MRE Investments from Wave Energy Scotland and the Welsh Assembly to create a sustainable UK MRE offer).

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Cornwall & Isles of Scilly Marine Renewables Roadmap 2015 – 2025

11 STEM - science, technology, engineering, and mathematics

Next Steps

Activity

Sector Development

Skills Development

Shop Front

Increased engagement with key marine related organisations

Work with the sector to shape European Funding

Support the development of financial instruments

Improve links with Celtic nations

Recommendations

Encourage the development of a sector led action plan and associated long term vision, enabling the industry to drive forward marine renewables energy opportunities.

Encourage the development of a sector led skills action plan which will:

• Ensure close cooperation between industry and publically-funded skills and qualification development.

• Support collaboration between higher education, vocational training and apprenticeships to achieve excellence within engineering.

• Increase the push for STEM11 skills in schools, along with information advice and guidance of future STEM related careers.

• Ensure training takes account of all relevant industry standards.

Encourage the development of an industry led approach which provides a shop front for existing and future technology developers and supply chain companies.

Improve links with key national marine related organisations including Offshore Renewable Energy (ORE) Catapult, Crown Estates and the Marine Management Organisations through public sector engagement to support greater collaboration and support C&IoS’s marine renewables industry.

The Department for Communities and Local Government, supported by the C&IoS LEP, Cornwall Council and the Council of the Isles of Scilly will be developing the framework for the marine renewables call, through the lifetime of the EUSIF programme.

To unlock commercialisation opportunities.

To understand and address those challenges that are common to our areas, maximise opportunities where we can support development and growth as well as learn from one another, to ensure the UK stays a world leader in this emerging market.

Through joint working between the public and private sector, the following activities and recommendations are anticipated to be progressed within three years of the C&IoS MRE Roadmap launch.

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Cornwall & Isles of Scilly Marine Renewables Roadmap

2015 – 2025