There is 10 GW of predictable, high value tidal stream potential in European waters, with up to 100 GW of capacity globally. It is an entirely unharnessed resource, with just 13 MW currently deployed . FORWARD-2030 has an overall objective to fast track 2030MW of tidal energy deployment by 2030. The project has five specific objectives: 1. Reducing Levelised Cost of Energy (LCOE) from ?200/MWh to ?150/MWh, 2. Enhancing environmental and societal acceptance, 3. Complete industrial design for volume manufacture rollout for 10 and 100+ MW projects, 4. Reducing life cycle carbon emissions by 33% from 18 gCO2 eq/kWh to 12 gCO2 eq/kWh, 5. Enhancing commercial returns and energy system integration (with battery storage and green hydrogen production). Objective 1 is focused on fast-tracking innovation to support the development of a technically and commercially viable tidal energy solution by rapidly reducing LCOE. This will be achieved by developing and verifying seven high priority cost reduction innovations to reduce CAPEX, reduce OPEX, increase efficiency and increase availability. Objectives 2, 3, 4 and 5 are focused on the regulatory and commercial barriers that must be overcome to achieve the project vison of installing 2030MW of tidal energy by 2030. It will be achieved by developing three market uptake innovations: an integrated environmental monitoring system, an energy management system, and an operational forecasting tool. Four market rollout initiatives will be completed: a supply chain plan for large scale roll out, Societal Cost of Energy (SCOE) assessment tool, marine spatial planning to encompass floating tidal and a life cycle carbon reduction assessment.

The FloTEC project will demonstrate the potential for floating tidal stream turbines to provide low-cost, high-value energy to the European grid mix. The FloTEC project has 5 core objectives: 1. Demonstrate a full-scale prototype floating tidal energy generation system for optimised energy extraction in locally varying tidal resources; 2. Reduce the Levelised Cost of Energy of floating tidal energy from current estimated €250/MWh to €200/MWh, through both CAPEX and OPEX cost reductions in Scotrenewables Tidal Technology; 3. Develop potential of tidal energy generation towards flexible, baseload generation, through the integration of energy storage. 4. Demonstrate the potential for centralised MV power conversion to provide a generic, optimised low-cost solution for tidal arrays 5. Progress tidal energy towards maturity and standard project financing by reducing cost and risk, improving reliability, and developing an advanced financing plan for first arrays. This will be realised through the construction of a M2-SR2000 2MW turbine - which will incorporate the following innovations: 50% greater energy capture through enlarged rotors with a lower rated speed; Automated steel fabrication; Centralised MV power conversion Integrated Energy Storage Mooring load dampers Composite Blade Manufacturing The SR2000-M2 will be deployed alongside the existing SR2000-M1 at EMEC to form a 4MW floating tidal array, serving as a demonstration platform for commercially viable tidal stream energy as a baseload supply.

Ocean Energy can play an important role in addressing one of the EU’s biggest challenges: providing clean, affordable and sustainable energy. However, ocean energy technologies are not yet mature enough to overcome all challenges related to performance, reliability, survivability, and resulting cost of energy. DTOceanPlus will accelerate the commercialisation of the Ocean Energy sector by developing and demonstrating an open source suite of design tools for the selection, development, deployment and assessment of ocean energy systems (including sub-systems, energy capture devices and arrays). This will align innovation and development processes with those used in mature engineering sectors. - Technology concept selection will be facilitated by a Structured Innovation tool. - Technology development will be enabled by a Stage-Gate tool. - Technology deployment will be supported by a 2nd generation of the FP7 DTOcean tools. This suite of design tools will reduce the technical and financial risks of the technology to achieve the deployment of cost-competitive wave and tidal arrays. DTOceanPlus will underpin a rapid reduction in the Levelised Cost of Energy offered by facilitating improvement in the reliability, performance and survivability of ocean energy systems and analysing the impact of design on energy yield, O&M and the environment, thus making the sector more attractive for private investment. These objectives and impacts will be achieved through the implementation of 9 work packages covering user engagement, tool development, demonstration of tools against real projects (thus outputting a suite of tools at TRL 6), analysis of supply chains and potential markets, exploitation, dissemination and education. The DTOceanPlus consortium has been formed to include representatives of all key user and stakeholder groups. It includes all core partners from the FP7 DTOcean project along with the developers of Europe’s leading ocean energy sub-systems, devices and arrays.