Friday 3 July 2009

South West England announces a £10.3M investment in marine energy research

South West England’s ambition to be a global centre for harnessing energy from the sea has received amajor boost with the announcement of a £10.3M investment in marine energy research.
The Peninsula Research Institute for Marine Renewable Energy (PRIMaRE), set up two years ago by the Universities of Exeter and Plymouth with funding from the South West RDA (Regional Development Agency), will use the cash to support its team of world-class academics and researchers, buy new equipment and collaborate with business.
The bulk of the investment, £5.3M, has come from the ERDF (European Regional Development Fund) Convergence Programme in Cornwall (£4.2M) and the ERDF Competiveness Programme (£1.1M) in the rest of the south west.
The South West RDA is contributing £4.3M with a further £200,000 from the University of Plymouth and £466,000 from the University of Exeter.
The funding will support PRIMaRE’s 15 world-class academic staff, 60 researchers and a dedicated technology transfer team that works with businesses to support high quality job creation across the South West.
There will be substantial investment in new equipment including wave and tidal measuring devices, wave making facilities, subsea electrical equipment, collision avoidance and monitoring equipment and research into the environmental impact and benefits of marine renewable energy.
PRIMaRE will support and complement the South West RDA’s pioneering Wave Hub project, which will create the world’s largest wave energy farm 10 miles of the Cornish coast and is on course to be built next year.
Stephen Peacock, Enterprise and Innovation Director at the South West RDA, which plans to invest around £70M in low carbon activities by 2012, said: “PRIMaRE and Wave Hub are central planks in the RDA’s drive towards a low carbon economy in South West England. We want our region to be one of the best places in the world to build a low carbon business and a global leader in the development of environmental and renewable energy technologies.”
Nigel Howells, Head of Competiveness in the South West, said: “Climate change presents many challenges but there are also great opportunities for new low carbon goods, services and energy production. It is only through investment in top quality scientific research and knowledge transfer to businesses that we will successfully tap these new markets. This ERDF Competiveness and Convergence investment will stimulate the creation of a whole new industry and related business opportunities.”
Local businesses are today viewing the South West Mooring Test Facility (SWMTF) buoy, at an event at Falmouth’s Maritime Museum. Developed by the University of Exeter’s PRIMaRE team, the buoy has been designed with unique features so it can obtain very detailed data to show how moored structures respond to changes in wind, wave, current and tide. Using this information, developers will be able to model and test mooring designs and components for their marine energy devices as they convert wave movement into energy.

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