IT Power Awarded FCO Contract to Develop UK-China Ocean Energy Co-operation

London and Beijing, September 30th, 2011:

IT Power has been awarded a contract by the British Foreign and Commonwealth Office (FCO), as part of its China Prosperity Strategic Programme, to establish co-operation between the UK and China on Ocean Energy. Working with the Sustainable Energy Research Group (SERG) at the University of Southampton and Chinese partners including the China National Offshore Oil Corporation (CNOOC) and the China Ocean Energy Society, the team will study the wave and tidal energy resources of China’s seas and prepare a Road Map for development and deployment. Technology co-operation between British manufacturers, researchers and developers will be facilitated.

The Project was launched today in Beijing.

The Launch Meeting was chaired by Mr. Li Baoshan, of the Ministry of Science and Technology (MOST) and Secretary General of the China Renewable Energy Society (CRES.)

Prof. Bernard McNelis, co-founder and Managing Director of IT Power said: “IT Power has been developing Ocean Energy solutions for over 25 years, and coincidentally we have also worked in China for the same length of time. We opened our Beijing Office 10 years ago and have long been discussing tidal and wave energy with Chinese colleagues. It is a fantastic development that the FCO is now supporting this work.”

Additionally, Mr. Sebastian Wood, HM Ambassador to the People’s Republic of China commented that: “The UK-China co-operation on clean and low-carbon energy is high on the agenda of our bilateral relations. There are enormous possibilities for collaboration to develop and use new renewable energy technologies, and ocean energy is one of the most exciting.”

Prof Bahaj of the University of Southampton and head of SERG, indicated that “the UK is currently a market leader in the development of ocean energy, having ambitious targets to install about 2 giga-watts of generation capacity by 2020 and up to 30 giga-watts by 2050. It will be interesting to see Chinese targets being set for this important field of low carbon technology and the FCO project should help in refining policy that could lead to target setting and provide support for UK-China Ocean Energy Co-operation in this field of ocean energy”. The project will have important outcomes that will establish how much electricity can be generated from China’s ocean resource as well as identifying investment needs that will promote low-cost manufacturing capabilities for ocean energy devices and balance of systems.

China already has ambitious installation targets to achieve by 2016 for onshore wind (60 giga-watts) and solar PV (5 giga-watts) as set out in its 12th Five Year Plan published In February 2011. The plan also stated that China will develop ocean energy technologies and set up commercial demonstration projects for tidal and wave energy, in combination with offshore wind. Currently there are no targets for potential electricity generation capacity. The UK-China Ocean Energy Co-operation project will provide the necessary preliminary resource and economic data to enable the Chinese Authorities to set provisional targets and develop the necessary policies to meet them. The team will work closely with the National Energy Administration (NEA), the Ministry of Science and Technology (MOST) and the National Ocean Administration (NOA).

Mr. Liang Zhipeng, Deputy Director General for New and Renewable Energy said: “The NEA is promoting the deployment of renewable energy across China and we want to harness the power of our seas. We look forward to the results of this project which will enable us to better assess the economic potential for tidal and wave power.”

The first activity of the Project was a Study Tour by Chinese experts to the UK, in combination with the European Wave and Tidal Energy Conference (EWTEC), at the University of Southampton 7-17th September 2011, with visits to key projects and test centres, including Pelamis in Edinburgh, SeaGen in Belfast, Narec in Newcastle and EMEC in Orkney.

There will be a Project Launch in London on 13th October.

For further information contact:

IT Power UK:

Abbie Badcock
Marketing and Business Development Manager
Email: abbie.badcock@itpowergroup.com
Tel: +44 (0) 203 397 0336
www.itpower.co.uk

IT Power China:

Zhu Li
Country Manager
Email: li.zhu@itpowergroup.com
Tel: +86 10 84475848
www.itpowerchina.com

IT Power provides practical and quality advisory services in sustainable energy and climate change to its public and corporate clients around the world. Projects include desk-based studies, resource assessments to technical design and implementation, policy and strategy development, field surveys, market research, training and financing of sustainable energy.

Abbie Badcock
Marketing & Business Development Manager
IT Power Ltd
Golden Cross House
8 Duncannon Street
London
WC2N 4JF
abbie.badcock@itpowergroup.com
Tel: +44 (0) 203 397 0336

This release was published on openPR.