1. Simon De Pietro Managing Director – DP Energy
DP Energy - Update
Simon De Pietro
Managing Director – DP Energy

2. DP Energy – About Us

3. Potential for Marine Energy
Ocean Energy can provide 10% of Europe’s electricity by – 100GW
100GW of ocean energy can power 76 million European households

4. DP Energy – Tidal UK Westray South Project West Islay Tidal 30 MW
Fair Head Tidal
100 MW
Westray South
200 MW
Westray South

5. DP Energy – Tidal Canada
Berths C & E 2 x 4.5 MW demonstration sites with proposed Atlantis AR1500 devices and Andritz HS1000 devices

6. DP Energy – Motivation 1. Technology Readiness
Early arrays needed to progress to full scale commercial projects
2. LCOE Reduction
Industry needs installation and O&M learning, to bring down LCOE
3. Predictability
Not all electrons have the same value. Predictability & time of generation can be as important as quantum
4. Resource
800-1,500TWh of energy extractable using existing technologies – resource is not an issue
5. Potential for base load
Improvements in storage mean hybrid sites could provide base load in the near future