Economic Perspectives of Renewable Energy Systems

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Economic Perspectives of Renewable Energy Systems ( economic-perspectives-renewable-energy-systems )

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European research actors in ensuring the necessary progress on shared issues such as test facilities and the development of common standards. 25. Ocean energy research is currently dominated by SMEs, with support from public research bodies and universities. In general, the need is for only weak levels of coordination, with an adequate level of networking among the research actors and developers. 26. There is a need to ensure that appropriate test facilities, in a range of locations and conditions, are in place and available at a European level. In addition, a European effort is needed to advance thinking on the economics and financing of ocean energy plant, environmental and planning considerations, and shared problems in issues such as maintenance and reliability. 27. There may be a need to ensure links with actors in offshore wind energy technology, to ensure that any possible synergies are pursued. 28. R&D on ocean energy devices can be carried forward using STREPs, with a small number of IPs perhaps being utilised for large-scale demonstration plant. 29. Networking and joint planning has been carried out to date by the European Wave Energy Network (EWEN). Ongoing networking might be adequately addressed via Coordination Actions; a NoE could also be of value in planning and implementing common infrastructure and research facilities. 30. Use could be made of the Integrated Infrastructure Initiatives (I3) instrument for the development of research infrastructure such as European test facilities. 119

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