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Background

Background

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The European Strategic Energy Technology Plan (SET Plan) aims to accelerate the development and deployment of low-carbon technologies. It seeks to improve new technologies and bring down costs by coordinating national research efforts and helping to finance projects.
In this framework, the SET Implementation Plan (SET Plan IP) for Ocean Energy was adopted on 21 March 2018 and it has since been managed by the Implementation Working Group. This group is composed of representatives from the European Commission, Member States, Regions and other stakeholders. To date it has focused on the development of research and roadmaps which have set out the aspirations of wave and tidal sector. The principle of the ocean energy SET Plan IP is to transform those aspirations into operational actions. The actions listed within this SET Plan IP are primarily based upon the Ocean Energy Strategic Roadmap, which is considered to be the Declaration of Intent. The target timescale presented in this declaration is 2025 for tidal technologies and 2030 for wave technologies.

Wave energy converter developed by IDOM-Oceantec

The SET Plan IP outlines three high level actions:

Co-ordination between the Member States and Regions to share and track critical information annually, to demonstrate the clear development of the ocean energy technologies.

Collaboration between the Member States, Regions and the European Commission to ensure the effective use and appropriate blending, if possible, of funds to drive large scale deployment.

The need for annual monitoring of progress with a review carried out at the end of each phase, to reach a go/no go decision to the next phase.

The annual monitoring of progress is divided in 3 successive phases:

2018-2020

Discovery Phase

A feasibility Discovery Phase to devise a collective monitoring approach by the Members States and Regions and agree an oversight management process for projects and funding. In addition, determination of the likely levels of funding required for the two subsequent phases.
2018-2020
2020-2025

Development Phase

Collaborative Development Phase, with operational arrays demonstrating the ability to meet the technical and financial metrics.
2020-2025
2026-2030

Scale Deployment Phase

Commercialisation Scale Deployment Phase, to build the sector’s support with large scale deployments that will drive costs to a commercial level. After 2030 the ambition is that the sector Delivery will be at scale, via a commercial market with a developed supply chain.
2026-2030
In addition to the promotion of coordination and collaboration between the Member States, Regions and the European Commission, the OceanSET project is focusing on providing support to ocean energy SET Plan IP during the Discovery Phase.