idea? OFFSHORE RENEWABLES AND THE SCORE INNOVATION FUND October - - PowerPoint PPT Presentation

OFFSHORE RENEWABLES AND THE

SCORE INNOVATION FUND

October 2016

What’s the big

idea?

• £6 million grant investment supporting

business to develop new and innovative technologies in offshore renewables

• Grants up to £50,000 (or 40%) are available

to support the development of new products, processes and ideas.

• Simple process!
• Technical expertise and support available

What is ?

Innovation Grant

• Available to SMEs in England, with the

‘economic benefits’ being primarily in Cambridgeshire, Essex, Norfolk and Suffolk

• Designed to develop new products, processes

and ideas – from patenting a product to exploring concepts that offer new ways of solving problems and driving efficiency.

• Open now for applications
• More info: www.scoregrants.co.uk

Are you an SME?

Do you have:

• < €50m (£38m) turnover
• < €43m (£33m) balance sheet
• < 250 employees

Grant Investments – to date

• 4th generation Innovation Grant fund

focussed on offshore renewables.

• 79 innovative SMEs supported
• £3.7m invested in regional businesses
• £2.2m private sector funding leveraged
• 111 new jobs created

Who is ?

Proximity to Market

Capital Investment Forecasts to 2020

The East

£13.1bn

United Kingdom

£83bn

604 Projects

Additional

£28bn

Regional

investment

up to 2030

Size of the opportunity – towards 2020

East Anglia region

£3.7bn £5bn £3.3bn £2.5bn £1.9bn

£3bn £5bn

£2bn

£1.8bn

Opportunities – 2020 to 2030

£7bn

£12bn

£3bn £2bn £3bn

East Anglia region

Greater Gabbard 140 x 3.6 MW turbines 504 MW Capacity

World’s 3rd largest windfarm!

World’s largest operating windfarm!

London Array 175 x 3.6 MW turbines 630 MW Capacity

Size of the Market

Dudgeon 67 x 6 MW turbines 402 MW Capacity

Galloper 56 x 6 MW turbines 336 MW Capacity

East Anglia ONE 102 x 7 MW turbines 714 MW Capacity East Anglia THREE 172 x 7 MW turbines 1,200 MW Capacity

East Anglia ONE NORTH 800 MW Capacity East Anglia TWO 800 MW Capacity

Norfolk Vanguard 1,800 MW Capacity Norfolk Boreas 1,800 MW Capacity

Proximity to Market

London Array

Developing winning ideas…

Get some perspective Just because you think it’s a good idea… do your potential customers? Where’s the demand? What’s the problem your solution is trying to solve? Is there an existing market for your innovation? What is / How long is your route to market?

Industry Trends…

• ECOWindS – 3yr European funded

collaborative R&D project between South Denmark, East of England, North-West Germany and Norway.

• Focussing on cost reduction through

improving the innovation capacity of the European offshore wind servicing sector.

• Generating and validating innovation and

research needs over the next 10-20 years.

www.ecowinds.eu

ECOWindS Innovation Catalogue

29 innovation concepts developed and tested with industry:

Assembly and Installation

• Harbour Storage, Pre-assembly
• Onshore & Offshore Transportation
• Grid Connection & Commissioning

Operations and Maintenance

• Preventative Maintenance & Repair
• CMS & Inspection

Supporting the Supply Chain

• Environmental Data Collection and Analysis
• Specialised Vessels, Transfer Systems & Logistics Planning
• Qualifications & Training

www.ecowinds.eu

Industry Demand…

Challenge led innovation

• ORE Catapult: 7x Knowledge Areas
• New ‘Innovation Challenges’
• Developed based on detailed

feedback from Industry and Research Advisory Groups

• Potential market?!

Knowledge Area Innovation Challenge Area (examples)

Blades Blade erosion, health monitoring, improved manufacturing process & quality. Drive Trains Condition monitoring, hydraulic to electrical power take off Wind & Ocean Conditions Utilise existing met ocean data, remote sensing (e.g. LIDAR), environmental sensors Electrical Infrastructure Cable protection, dynamic cables Foundations & substructures Structural health monitoring, pin piling Installation & decommissioning Mooring systems, connection/disconnection devices Operation & Maintenance Access systems, asset management

Innovation Challenges

https://ore.catapult.org.uk/innovation-challenges

Get tested!!

• The UK has some of the world’s best test

and demonstration facilities

• ORE Catapult (Blyth)
• WaveHub / FaBTest
• European Marine Energy Centre
• Universities and Research Labs
• Operational projects
• Prove it works before going to market!
• Independent validation and endorsement

What can we support?

• Research and development, including specialised consultancy.
• Implementing findings of the planning process, such as in areas of new

product development, manufacturing and design.

• Collaborating with universities and colleges, and sourcing facilities,

equipment and expertise to solve technical problems and develop further innovation.

• Accessing equipment or services that support a technology ‘step-

change’ for the business.

What can we support?

• Acquiring equipment or services to provide additional production

capacity to exploit innovation.

• Developing alternative uses and markets for waste products.
• Investigating the technological and commercial viability of

transforming innovative ideas into new products, processes and technologies.

• Assisting with the exploitation costs of new products or processes,

including marketing, publicity and attendance at trade fairs.

Case Study: Norcom Technology

• £20,000 grant to enable Norcom, which

develops software and hardware for navigation and hydrographic survey systems

• eChart Service will be the most advanced seabed

map ever created for the North Sea.

• The service will show the precise location of all

the current wind farms and proposed future developments, as well as including data pinpointing the staggering 20,000 wrecks on the region’s seabed.

Case Study: Le Mark /Dirty Rigger

• £8,000 was awarded to enable the launch of its

new range of heavy duty gloves, designed specifically to meet the demanding needs of workers in the offshore industry

• OrbisEnergy brokered regional businesses to test

the gloves offshore to help refine the final design.

• Le Mark now undertaking global marketing

campaign, led from the East!

Case Study: GreenSpur Renewables

• Working with Cambridge University, GreenSpur is

developing a new Permanent Magnet Generator design, mitigating the need for rare-earth metals such as NeoDymium

• The £50,000 grant will develop a demonstration

prototype, fully modelled by the University and develop projections for full scale performance and manufacturing costings.

It’s all about the plan…

• Have a clear business, investment or project plan.
• Be honest about the real opportunity (with yourselves too).
• Find the right funding that meets YOUR needs!
• Get external support to test and refine your plan… remember,

funders/investors know their game. Make sure it works for you!

• SCORE operates on the retrospective claim principal.

Think carefully about the cash flow!

TALK TO US!

Johnathan Reynolds

OrbisEnergy / Nautilus Associates

T: 0333 370 4429 / 07787 518643 E: johnathan.reynolds@nautilus.uk.com

about YOUR big

idea?

Come talk to us