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SWE 2014 08

How Long Will Your Rotor Blade Coatings Last? Atlas’ weathering testing solutions help provide the answer. www.atlas-mts.com S&WE: How do you regard the policy changes that you have seen in the last few years? Medic: EMR has constrained the development environment as there’s a limited pot of money. And the Levy Control Framework puts a cap on renewable energy spending. So emerging technologies like wind are being shoehorned into competition – despite their varying stages of readiness. Wave and tidal are at the pre-array stage so they feel even more pressure. The lasting effects of the crisis, combined with changing policy, have made investors even more risk averse. S&WE: Any other initiatives? Medic: We are doing all we can on many fronts. For example, as the aviation industry has major radar problems with offshore wind, we have an Aviation Fund to promote research into cutting the effects of wind farms on radar. And we are reaching out to the world. We have already had Norway and other countries involved in our conferences and in June 2014 the Indian government SunWindandEnergy-Anzeige.indd 1 05.03.14 09:50 held a side event at our Global Offshore Wind Conference in Glasgow. This follows the start of an official collaboration between the UK and Indian governments on offshore wind, and we are already involved with that. S&WE: What about innovation? Do you think it is progressing? Can you give some examples? Medic: We have lots of innovation in offshore – in wind, wave and tidal, in regard to design, engineering, and use of vessels, such as CWind’s boat share scheme, but more support and capital is needed. In fact, especially for wave and tidal, it’s a perfect storm: there’s utility and regulatory pressure while the investors become more risk averse, notably at the early stages. They fear technology risk but you can’t have innovation without technology risk. The interview was conducted by Elizabeth Block. TYFOROP - Your Specialist for Heat Transfer Fluids - Solar Fluids for all Thermal Installations TYFOCOR® BRANDS environmentally friendly & biodegradable www.tyfo.de • info@tyfo.de since more than 30 years S&WE: What has the industry done to attract investors? Medic: The government wants us to be more creative in pitching to investors. That is, we need to improve the perception of the bankability of wave and tidal and show a more visible project pipeline. In fact, there are some good examples of success here: such as Marine Current Turbines and MeyGen, both now owned by huge companies – Siemens and Atlantis. And we are seeing big players like Lockheed Martin come in to a consortium with Atlantis – this is great news. The aim is to cut the cost of tidal energy by 50 % and I believe they can do it. I can also report a very recent piece of good news – from the UK government: in June 2014 the Green Investment Bank announced plans to launch a £ 1 billion fund to encourage private investment in offshore wind. I think that this fund will provide a significant boost to the UK’s offshore wind industry, and it will help create the virtuous cycle that I mentioned earlier in regard to attracting more private investors. This should in turn enable offshore wind farm developers to invest in further projects. But I would still like to see a protected pot of money for wave and tidal. file: TI2CSmini-9060-201308 dimension: 90 x 60 mm 4C CelsiStrip® Thermostickers indicate temperature maximum history by a permanent black. Available from +40 to +260°C. Get free samples from celsi@spirig.com www.celsi.com Wind Edition 9


SWE 2014 08
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