At a global level, there is an urgent need to develop competitive low carbon energy to meet increasing energy demand whilst reducing the impact of anthropogenic driven climate change.
Offshore renewable energy (defined as offshore wind, wave and tidal energy) has a key role to play as part of the overall energy mix of the European Union.
The benefits of successful development of the Offshore Renewable Energy (ORE) sector is not limited to climate change mitigation but also has significant potential to stimulate economic growth, the development of new markets and the creation of jobs.
The European Commission identified five issues that require attention over the short to medium term in order to help the sector to scale up and become cost -competitive with other forms of electricity generation.
These issues are technology costs, transmission grid infrastructure, consenting procedures, environmental impacts and grant and revenue support.
The RiCORE project will directly address consenting procedures and environmental impacts
In partnership with WavEC, University College Cork, Marine Scotland, E-CUBE Strategy Consultants and Azti-Technalia