Details of Grant 

EPSRC Reference:	GR/S26958/01
Title:	Supergen Marine Consortium
Principal Investigator:	Wallace, Professor R
Other Investigators:	Bryden, Professor I Bullen, Mr C McGregor, Professor P AGGIDIS, Professor GA Smith, Professor GH Salter, Professor S Pritchard, Dr C Wolfram, Professor J Zachary, Dr S Johnstone, Mr C Rothschild, Professor B Swales, Professor JK Linfoot, Mr B Murray, Professor AF Mollison, Professor D Harris, Dr R
Researcher Co-Investigators:	Mr JRM Taylor
Project Partners:	Artemis Intelligent Power Ltd CEFAS Clean Energy Company ConocoPhilips EEST Engineering Business Ltd I T Power NatureScot Ocean Power Delivery Ltd QinetiQ Ross Deeptech Initiatives Ltd Scottish and Southern Energy (SSE) Scottish Environmental Protection Agency Seapower Siemens South West Electrolysers Tata Steel Limited
Department:	Sch of Engineering
Organisation:	University of Edinburgh
Scheme:	Standard Research (Pre-FEC)
Starts:	01 October 2003	Ends:	30 September 2007	Value (£):	2,609,267
EPSRC Research Topic Classifications:	Energy - Marine & Hydropower Power Systems Plant Underwater Engineering
EPSRC Industrial Sector Classifications:	Environment Energy Technical Consultancy
Related Grants:
Panel History:
Summary on Grant Application Form
From current estimates of the resource, the marine energy sector could look to provide around 27% of the UK's annual electricity supply. Ultimately, for this to be realised, the developer/investor needs to be confident of the risk and return aspects of their investment through an holistic understanding of: resource quantification and device interaction; engineering risk and uncertainty; attachment, optimisation and control of MEC's; delivery and control of the energy to network infrastructures, and the economic parameters that underpin their investment decisions. At a strategic level, improving knowledge and understanding in these areas enables specific microeconomic research to provide a macroeconomic view of this emerging sector, and enable a range of scenarios to be developed that could respond to changing input/output parameters for the technologies, or larger scale socio-economic and environmental changes. This could provide support to policy development processes and assess the implications of changes to economic instruments.For the marine energy sector to provide such an assurance to its stakeholders, the proposed research has been developed and tested against 5 overarching principles that must be embodied in each ol' the work areas: to deliver a quantifiable reduction in the level of uncertainty; to quantify the risk; to increase the level of understanding within the research (and stakeholder) community; to provide a consistent methodology for progression of new work, and to deliver an accurate picture of' the true position of marine energy converters in a future energy portfolio. By adopting these principles the marine consortium will meet the aims of the SUPERGEN programme, and engage stakeholders in the development of a successful marine energy sector.
Key Findings
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Potential use in non-academic contexts
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