ORE Catapult: Urgent Action Is Needed to Bolster the UK’s Wave and Tidal Industries

first_imgUrgent action is needed to bolster the UK’s wave and tidal industries and get investors back in play, according to a report published today by the Offshore Renewable Energy (ORE) Catapult, the UK body supporting innovation and rapid commercialisation in offshore wind, wave and tidal technologies.The report highlights that this strategically important market could be worth around £76bn to the UK economy, cumulatively by 2050. But funding for first arrays and technology proving has become less certain as investors have been either unwilling to invest, or have been pulling out of the market due to lack of clarity on future investment return and timing.More investment from both the public and private sectors is needed to get the first tidal arrays to financial close, and drive the wave industry along the path to commercial readiness – it is estimated the tidal industry may need upwards of £100 million and the wave industry almost double that.The report discusses a number of ways in which the industry can get investor confidence back to secure the vital funding required. ORE Catapult has identified five targeted actions to accelerate commercialisation of technology and de-risk investment into the marine energy sector. These include:greater alignment of the ways in which technologies are assessed;standardisation in the approach taken to developing technologies;greater coordination between private and public sector investors;greater coordination of due diligence for both projects and technologies;a potential role for government in underwriting debt finance for the industry.Commenting on the report, ORE Catapult’s Strategy & Commercialisation Director Dr Stephen Wyatt said: “Wave and tidal technologies represent a vital part of our future renewable energy mix in terms of the social and economic benefits they bring, but sector funding has reached a critical juncture and it is vital we act now in order to bolster this strategically important market for the UK economy.  “The Catapult is already working with industry and others, particularly academia, to focus research priorities around wider critical path components which have less to do with a developer’s intellectual property, and more to do with issues around reliability, health and safety, installation methodology, and electrical connections, to de-risk and drive down industry costs.“Within the marine sector, we are involved in a number of joint industry projects, such as the Marine Farm Accelerator (MFA) programme, which we lead in collaboration with The Carbon Trust. With commercial-scale marine energy farms close to deployment in UK waters, the MFA project is working to develop technologies that are essential for these energy arrays and accelerating their development to de-risk technology and enable future cost savings.” Press release; Image: Aquamarine Power (Illustration)last_img read more

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The Tokyo Olympics Will Begin on July 23, 2021

first_imgMIAMI, Florida -The Tokyo Olympics, which were postponed due to the global coronavirus pandemic, will be held from July 23 to August 8 in 2021, the games’ organizing committee announced.The leaderships of the key parties came together via telephone conference on March 30 and agreed on the new schedule.The Paralympic Games, which was also postponed, will now be held from August 24 to September 5, 2021.In a statement, the Olympic committee said that the decision was taken based on three main considerations:1. To protect the health of the athletes and everyone involved, and to support the containment of the COVID-19 virus.2. To safeguard the interests of the athletes and of Olympic sport.3. The global international sports calendar.These new dates give the health authorities and all involved in the organisation of the Games the maximum time to deal with the constantly changing landscape and the disruption caused by the COVID-19 pandemic.The new dates are scheduled exactly one year after those originally planned for 2020 (Olympic Games: 24 July to 9 August 2020 and Paralympic Games: 25 August to 6 September 2020).Following today’s decision, the IOC President said: “ With this announcement, I am confident that, working together with the Tokyo 2020 Organising Committee, the Japanese Government and all our stakeholders, we can master this unprecedented challenge. Humankind currently finds itself in a dark tunnel. These Olympic Games Tokyo 2020 can be a light at the end of this tunnel.”It has previously been confirmed that all athletes already qualified and quota places already assigned for the Olympic Games Tokyo 2020 will remain unchanged.last_img read more

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No. 19 Stanford women defeat No. 7 Oregon State 69-58

first_imgCORVALLIS, Ore. (AP) — Stanford played an unusual role — at least for the Cardinal — against No. 7 Oregon State: Spoiler.Lili Thompson had 13 points to lead five players in double figures as the No. 19 Cardinal snapped Oregon State’s 21-game winning streak at Gill Coliseum with a 69-58 victory on Thursday night.The loss kept the Beavers from clinching the Pac-12 regular-season title outright for the first time in school history.Stanford isn’t accustomed to this; the Cardinal had finished atop the Pac-12 regular-season standings for the last 14 seasons.“We knew that this was going to be a big game for them. But we know that we’re Stanford. Stanford does big things. We call ourselves the party crashers,” sophomore forward Erica McCall said.McCall and Amber Orrange each added 12 points in Stanford’s 29th consecutive win over the Beavers. The Cardinal (21-8, 13-4 Pac-12) wrap up the regular season at Oregon on Sunday.The loss snapped a five-game winning streak for Oregon State (25-3, 15-2), which has already won more games this season than any other team in school history.Jamie Weisner and Deven Hunter each had 18 points for the Beavers, who had previously clinched at least a share of the Pac-12 regular-season title and the top seed in the conference tournament next week in Seattle. Oregon State hosts California on Saturday in the regular-season finale.The Beavers can still claim the outright title with a victory against Cal — or if No. 10 Arizona State loses at home to Utah on Friday.Oregon State coach Scott Rueck said there were a lot of “strange dynamics” going on with the team’s first title on the line, the Gill winning streak and the fact that the Beavers hadn’t faced Stanford this season.“Perfect storm tonight. A little bit strange. Stanford played great,” Rueck said, boiling the night down to four quick sentences. “Next game.”The Cardinal, who led by as many as 13 points, improved to 53-6 all-time against Oregon State.Guard Brittany McPhee earned her first start for the Cardinal, who were coming off a 63-53 loss at home to Cal last weekend. McPhee had 24 points off the bench in that defeat — which took Stanford out of the running for its 15 straight regular-season championship.While the Beavers had a distinct size advantage, Stanford played aggressive defense through the first 10 minutes to take a 20-13 lead. The Cardinal bench stood and cheered enthusiastically for each basket.McCall’s layup extended Stanford’s lead to 26-17.Oregon State closed to within three points at 28-25 on Weisner’s 3-pointer with 6:16 left in the half, but couldn’t get closer until the final basket of the half, a layup by Hunter, narrowed it to 34-33.Stanford pulled ahead 46-39 on Bonnie Samuelson’s 3-pointer with 5:19 left. The Cardinal stretched the lead to double digits when McCall’s tip in made it 52-41.Briana Roberson was whistled for her fourth foul with just more than 8 minutes remaining and went to the bench. She finished with 11 points for Stanford.“I think that some teams are tough matchups for other teams, and what our strength is, is what they don’t like. And in some ways, it’s the other way around: What their strength is we don’t like to play against,” coach Tara VanDerveer said. “It was a one-point game at halftime. We had to dig in. we made some big shots in the second half.”The last time Oregon State beat the Cardinal was on Jan. 11, 2001, an 81-65 win at Gill Coliseum.___TIP INSStanford: Roberson made just her sixth start of the season. Twelve of Stanford’s 29 opponents this season were in the top 30 of the NCAA RPI. … Karli Samuelson appeared to injure her right hand in a spill late in the first half and did not return. … Stanford was 11-0 when four of their players scored in double figures.Oregon State: It was the first time that both teams have been ranked for a game since 1996. Oregon State has never been ranked higher than the Cardinal for a game. … Before Thursday night, Oregon State had lost just twice this season, at Tennessee in late December and then at Washington earlier this month.BENERGYThat cheering that Stanford’s bench does? It has a name.“We call that benergy,” VanDerveer said. “Bench energy. It’s a big part of who we are. You know, this is a transitional year, without some of the post players that we’ve had or some of the upperclassmen. But this has stayed with us: We have excellent leadership on our team and we have excellent camaraderie.”UP NEXTStanford: At Oregon on Sunday.Oregon State: Hosts California on Saturday.last_img read more

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