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Ocean energy in Ireland – three things the Irish Government can do

25 May 11 - Martin McAdam, CEO

Wave power in Ireland

Last week the Irish Times published an article stating that Ireland was losing out on the ocean energy race, with its Celtic neighbour Scotland taking the lead.

As an Irishman leading a Scottish wave energy company, it pains me to say that I agree.

Despite Ireland having a better wave resource than any other country in Europe, my homeland is failing to capitalise on its phenomenal ocean energy resource.

Welcome signs

There are some welcome signs - the Irish Government has published a Draft Offshore Renewable Energy Development Plan (OREDP), which recognises the benefits a successful marine energy sector will bring to Ireland in the medium term.

But sadly it lacks concrete, time-bound actions the government could and should take now. Plus it fails to recognise potential for Ireland to benefit right now from some of the 'early mover' advantage which is currently flowing to Scotland and the rest of the UK.

Economic benefit

As I have said before, significant benefits can accrue to host economies long before the full commercialisation of our industry. Aquamarine Power has already, for example, spent over £2 million directly in the Orkney Islands economy and worked with more than 30 local businesses during the deployment of its first Oyster device.  For deployment of Oyster 2 this summer we are spending an equivalent sum working directly with various contractors in Orkney.

We are also spending significant sums on site investigation and community outreach in Oregon, USA.

I would dearly love for our company to be able to invest in Ireland, and to bring new opportunities to communities on the west coast of Ireland.

Barriers to development

But for this to happen, Ireland must not only set out a clear and ambitious plan: it must systematically remove barriers to development, and it must act with a real sense of urgency.

Three things the Irish Government could do within the next 12 months:

• Schedule the publication of a consenting scheme. The plan should set a firm date for the publication of the proposed new consenting regime and allow for a period of consultation on what will be both a complex and a vital piece of future governance.

• Prepare and execute an initial leasing round. The plan should state the intention of all concerned to pursue with urgency the work required to enable an initial leasing round to take place in early 2012.

• Commence planning for grid connections. The provision of grid connections is a core component of the ocean energy challenge. To realise the huge opportunity to realise new jobs involved in ocean energy, Ireland needs appropriate connections to the grid for ocean energy.

Urgency is key

A sense of urgency is the key.  As the ministerial foreword to the draft OREDP states: "If we get this right, and get it right quickly, Ireland can be at the forefront of this area internationally."

Scotland and the rest of the UK are already at full steam ahead. Without urgency, the opportunity for Ireland will be lost.