The OceanSET project was developed to support the progress of the Implementation Plan for Ocean Energy under the European Strategic Energy Technology Plan (SET Plan). The Ocean Energy Implementation Plan was adopted by the SET-Plan Steering Committee on the 21st of March 2018.
The Ocean Energy Implementation Plan focuses on the key challenges for wave and tidal energy technologies. Its ambition is to outline a structured approach that will enable wave and tidal technologies to follow a credible development path, with the ultimate destination of a commercially viable wave and tidal industry. The overall target is to bring LCOE Costs for tidal stream and wave technologies to 10ct/kWh by 2030 and 2035 respectively.
The OceanSET project focused on assessing the progress of the ocean energy sector and monitoring National and European Union (EU) funded projects in delivering successful supports. Relevant data was collected annually to help inform MS and the EC on the progress of the sector. It was also used to review what works and what doesn’t and to assess how to maximise the benefit of the funding streams provided across the Regions, MS and the EC.
In addition to gathering data on the funding supports, the Oceanset Partners have focussed on reviewing progress of the Eleven Technology Development Actions have been identified in the SET-Plan IP and have been identified as significant areas to action in order to reduce LCOE for these technologies.
The OceanSET project has identified three key objectives to achieve the goal of supporting the realisation of the Ocean Energy SET Plan IP.
1. Facilitate the implementation of the Technical Actions of the Implementation Plan and provide support to the IWG
2. Promote knowledge sharing across the EC, MS, Regions and other stakeholders in the Ocean Energy sector
3. Investigate collaborative funding mechanism(s) between MS and Regions
The project has been in operation since March 2019. The partnership comprises of the following 9 organisations:
1. Sustainable Energy Authority of Ireland (SEAI) Lead Partner
2. Wave Energy Scotland (WES)
3. Direção Geral de Energia e Geologia (DGEG)
4. Ocean Energy Europe (OEE)
5. FRANCE ENERGIES MARINES (FEM)
6. Agenzia nazionale per le nuove tecnologie, l'energia e lo sviluppo economico sostenibile (ENEA)
7. Ente Vasco de la Energía (EVE)
8. The University of Edinburgh (UEDIN)
9. Consorcio para el diseño, construcción, equipamiento y explotación de la Plataforma Oceánica de Canarias (PLOCAN)
