Opportunities in Wave and Tidal Energy

About this event

Oceans are a largely untapped source of energy, with the potential to become an infinite power supply. According to Ocean Energy Systems (OES), global wave and tidal stream energy production has increased tenfold over the past decade. Ocean Energy Europe, in their 2030 Ocean Energy Vision report, projects that 2.9 GW of clean energy can be deployed globally by 2030, with 92% of this in European waters.

The UK already leads the way with 10 MW of tidal stream generation installed and more wave and tidal tests underway than anywhere else in the world. According to the UK government's projections, the combination of wave and tidal energy has the potential to provide up to 20% of the country's current electricity demand, with an installed capacity of 30 to 50 GW. With the success for tidal projects in the last two Contract for Difference rounds, marine energy is expected to play a part in the country’s renewable targets. By 2050, the global ocean energy industry is expected to be valued at £76 billion.

While marine energy technology is still in its early stages and not as advanced as other renewable energy sources, it holds tremendous potential. We invite you to join us in Liverpool to learn about the various projects in UK waters, explore emerging opportunities, and discuss the challenges of accelerating this sector.


Agenda
10:00 - 10:30 Registration
10:30 - 10:35 Welcome Remarks
10:35 - 10:55 UK Wave and Tidal Market Overview - Nabil Ahmed, Energy Analyst, EIC

Session One: Tides of Change
Synopsis: This session offers a comprehensive overview of the wave and tidal energy sector's current landscape. We will highlight the latest advancements, market trends, and policy developments driving the industry forward. We will gain insights into the challenges and opportunities shaping the path to commercial scalability and global adoption.

11:00 - 11:15 Martin Land, Project Director, Mersey Tidal Liverpool City Region
11:15 - 11:30 Richard Arnold, Policy Director, UK Marine Energy Council
11:30 - 11:45 Magnus Harrold, Senior Marine Technical Manager, ORE Catapult
11:45 - 12:00 Panel Q&A

12:00 - 12:20 Coffee & Networking Break

Session Two: Powering Progress: European Wave and Tidal Projects in Focus
Synopsis: This session will showcase the work being undertaken across Europe in wave and tidal energy. Leading project developers will present key initiatives that are driving innovation and collaboration within the sector. We will gain insights into successful pilot projects, cutting-edge technology advancements , and lessons learned from deployments across European waters. Discover how these projects are shaping the future of marine renewable energy and contributing to Europe's clean energy goals.

12:15 - 12:30 Alejandro Marques de Magallanes, CEO, Magallanes Renovables
12:30 - 12:45 Panel Q&A

12:45 - 14:00 Networking Lunch

Session Three: Riding the Wave: UK Projects and Opportunities in Marine Energy
Synopsis: This session will spotlight the UK's leading role in wave and tidal energy development, showcasing pioneering projects, technological breakthroughs, and the growing opportunities in the sector. Industry experts will share insights into ongoing and upcoming initiatives, including funding opportunities, policy support, and collaboration models that are driving progress. Explore how the UK is leveraging its rich marine resources and innovation ecosystem to lead the transition to a low-carbon future.

14:00 - 14:15 Elva Bannon, Research & Engineering Manager, Wave Energy Scotland
14:15 - 14:30 Rosalind Hart, Senior Consultant Enginner & CoFounder, Quceant LTD
14:30 - 14:45 Speaker TBC
14:45 - 14:55 Panel Q&A

14:55 - 15:00 Closing Remarks
15:00  Event Close

Partnership Opportunities 

If you are looking to enhance your brand, access your target audience and gain new leads and connections, starting at £500+VAT we have various partnership opportunities to suit your needs. 

Please contact our Event Partnerships Manager - hannah.wood@the-eic.com for more information.