De-risking wave energy technology development through transnational pre-commercial procurement of wave energy research and development

Expected Outcome:

Project results are expected to contribute to all of the following expected outcomes:

• Energy producers and consumers benefit from improved efficiency and flexibility, reduced cost, improved reliability, robustness and security compared to existing wave energy technologies;
• Wave energy technology providers profit from accelerated technology development, successful demonstrations and de-risking of wave energy technologies with a view to their commercial exploitation;
• Wave energy technology providers have improved access to financing through better understanding of technological solutions and their bankability, leading to effective market uptake, business models, and commercialisation avenues;
• Researchers, industry, public authorities, and citizens have access to increased knowledge, monitoring and assessment methods and tools on the environmental, biodiversity, and socio-economic (both positive and negative) impacts of the wave energy technologies along their lifecycle and value chains;
• Wave energy technology providers have detailed analysis of current costs and potential future energy cost reduction pathways and the creation of a detailed business plan for full scale commercialisation resulting in a clear path for commercial roll-out of the successful wave energy design(s) beyond the lifetime of the project;
• Funding authorities pool resources at national and EU levels dedicated to Research and Development and provide effectively a significant developmental boost of wave energy technology.

Scope:

The challenge is the development and demonstration of cost-effective wave energy converters that can survive in a harsh and unpredictable ocean or sea environment through demand-driven pre-commercial procurement (PCP). The challenge is open to proposals seeking to steer wave energy development in an effective way at a European level and to bring these technologies to the market.

The operation of wave energy prototypes in real sea conditions is a critical step to establish confidence in the devices and to facilitate the large-scale roll-out of this renewable technology. Pre-commercial procurement has been shown to be an effective tool to de-risk such activities.

The EuropeWave PCP action has introduced the ocean energy stage-gate process on a European-level procedure following the evaluation framework provided by Task 12 of the IEA Ocean Energy System Technology Collaboration Platform. It supported the development of several wave energy devices in a stage-gate process to Stage 3 (approximately TRL 6). The scope of this action is to bring wave energy technologies at Stage 4 approximately TRL7/8). Designs must achieve completion of Stage 4 activities of the IEA-OES Framework Evaluation Areas by the end of the action, including technical, socio-economic, and sustainability aspects.

Proposals have to describe their jointly identified challenge, indicating how it fits into their mid-to-long term innovation plans, and specify why solutions currently available on the market or under development are not meeting their needs.

Activities have to include: (1) networking related to preparation, management and coordination and (2) joint research activities related to the validation of PCP strategy. The consortium should include at least three legal entities established in different member states or Horizon Europe associated countries, as well as a minimum of two 'public procurers'. Other entities with a clear added value in the preparation and/or execution of the PCP or in coordination and networking activities might be considered.

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