1. ORBISENERGY : THE HUB FOR OFFSHORE RENEWABLES JOHNATHAN REYNOLDS

2. The energy / low carbon sector Global market for low carbon sectors - £4.3 trillion UK has the 6 th largest market share – £107.3 billion – 52,263 companies active in the sectors – Employing 896,100 people Suffolk’s profile: – £1.46 billion turnover per annum – 605 companies active in the sectors – Employing 9,700 people

3. Policy Context European 20/20/20 energy & climate change targets – 20% energy from renewables by 2020 – Reduction in carbon emissions of more than 20% UK energy policy – delivering secure, affordable, low carbon energy – 15% primary energy from renewables by 2020 – Increasing UK content in energy projects, whilst reducing costs UK economic policy – low carbon economic growth – Focus on high value growth sectors – localism / local enterprise partnerships

4. UK Energy Roadmap The growth potential in this sector is very substantial EU targets – binding and non- negotiable Increasing the rate of deployment to realise this potential will require substantial reduction in costs. Need to overcome supply chain barriers to lower costs and deploy at scale for both 2020 and beyond.

5. Suffolk’s Economic Priorities The region is already a major generator and supplier of energy East Anglia is at the centre of the world’s largest market for offshore wind energy, estimated at over 90GW across Europe, exceeding £250bn. The Southern North Sea will be a major European hub for large scale storage of gas and captured carbon (CCS), potentially generating billions for UK plc. Nuclear power in the region is worth in excess of £10bn over the coming years

6. Energy Portfolio – East of England Upstream oil & gas: 150 platforms, 100+ fields Gas processing terminal: Bacton terminal Decommissioning: Sizewell, Bradwell, 10+ offshore gas platforms Wind: 24+ offshore wind farms, 15 onshore farms Bioenergy: 3 biomass-fired power plants, 4 in development Conventional generation: 12 natural gas plants, 1 coal-fired power station Nuclear: 2 decommissioned stations, 1 generating, 3 new reactors Coal Gasification: Rich coal seams off the East Anglian coast Carbon capture and storage: European hub for CO2 storage Electricity transmission and distribution: 160+ transmission lines, and 92,000+km of overhead distribution lines and underground cables

8. Offshore Gas – Southern North Sea UK’s second largest energy manufacturing and service base Southern North Sea First area in UK for offshore gas 150 SNS platforms, 2 interconnectors 50+ coming through Bacton, Norfolk 40 years innovation and opportunity Specialist knowledge Geosciences | Shallow Water | Satellite O&M | Mature Asset Management

11. Civil Nuclear Power Nuclear power generation in the East of England is not a new concept. New nuclear power in the region is worth in excess of £10bn over the coming years 2 Decommissioning sites at Sizewell A, Suffolk and Bradwell, Essex worth around £2bn Regional strengths in planning, construction, civil engineering and operations/maintenance. Transferable engineering skills. At the time Sizewell B was being built it was the largest civil engineering project second only to the channel tunnel. Source: British Energy Sizewell B Impact: 1000 regional companies 5000 staff at peak construction 750 full-time staff £30m p.a. in the community 67m tCO 2 e since coming online

13. Offshore Wind Heart of world’s largest offshore wind market! Some 90GW+ to be developed, with investments more than £250bn 732 offshore turbines, already generating 2.52GW off region’s coast 75 under construction, and 506 approved which will generate a further 2.2GW 45GW+ in planning/approved for development 10,000’s turbines to be installed UK’s largest economic opportunities Source: Renewable UK WED, June 2013

14. Proximity to market

15. East of England - £30bn UK - £271bn Europe - £647bn Size of the opportunity – towards 2020 Source: OrbisEnergy - UK Projects UK offshore wind £138bn

16. Size of the Market Source: 4C Offshore

17. Supply chain make-up Diverse Manufacturing base Fabrication facilities and yards Engineering Marine Electrical Mechanical Civil and construction Geotechnical Precision engineering Composites Sub-sea and marine services Professional services, consultancies

18. Skills & Training Diverse skills base Transferable skills from: Offshore oil & gas Automotive Marine Ex-Military/Forces Specialist facilities: Lowestoft College West Suffolk College EPISCentre – industry led skills centre University Campus Suffolk University of East Anglia

19. Sector challenges Market uncertainty Investment and Financial incentives Cost reduction Infrastructure Manufacturing capacity Supply chain capability Supplier Pre-Qualification standards Skills, education and training Standards; lack of commonality, transferability

20. OrbisEnergy – What are we? Innovation & incubation centre offshore renewable energy Technology transfer / acceleration Business and sector development Anchor tenants include: SSE | East Anglian Offshore Wind Links to higher education research Access to funding and grants Conference and exhibition centre Catalyst for growth and regeneration Hub for Offshore Renewables

21. OrbisEnergy – Who are we? Conceived by industry Developed by public/private collaboration Owned by Suffolk County Council Capital investment from EEDA and EU Managed by leading enterprise agency NWES Specialist industry support from Nautilus Associates. Public/Private – Delivery through partnership

22. OrbisEnergy – What we do? Tenancy Options Supply Chain Development & Business Support Technology & Innovation R&D Conferencing / Meetings Inward Investment* Skills & Training* * delivered in partnership with other bodies

23. OrbisEnergy - Supply Chain Our approach to developing the supply chain Support for businesses that have already secured opportunities within the sector Engagement with businesses that are aware of the sector and whose competencies and capability should allow for their pursuit of supply chain opportunities Exploring diversification opportunities for companies unaware of the sector, prioritising gaps in the supply chain

24. OrbisEnergy – Innovation / R&D Scoping focussed Technology and Innovation Network focussed on the Southern North Sea. Building strong delivery focussed partnership with the Catapult Centre for Offshore Renewable Energy Developing a world class partnership consisting of: CEFAS Cranfield University / Centre for Offshore Technology University of East Anglia / Adapt Group University Campus Suffolk Others as appropriate Delivering, as UK partner, the FP7 €3m EU funded ‘ECOWindS’ programme. Leading on offshore wind R&D themes for the next decade.

25. Conferencing and Events Bringing the industry to Lowestoft and to our tenant and business community

26. OrbisEnergy – International Links Building strategic links with key global offshore wind markets MOU developed with Massachusetts wider engagement with New York EU research programme with Germany, Norway and Denmark Relationship building with China and South Korea and France Strong links with Holland and Belgium Exploring links with Spain and Portugal

27. OrbisEnergy – ECOWindS European Clusters for Offshore Wind Servicing (ECOWindS) 3 year EU funded joint project between clusters of South Denmark, East of England, North- West Germany and Norway. Main objective is to improve the innovation capacity of the European offshore wind servicing sector. www.ecowinds.eu

28. Centre for Offshore Renewable Engineering (CORE) Dedicated areas for focussed investment Closest proximity to market opportunity (UK and EU) Significant availability of land and sites. Enterprise Zones with specific financial incentives Easy access to skills and supply chain expertise from offshore engineering sectors Liverpool

29. OrbisEnergy – What’s next? Currently assessing market demands and needs, however early results suggest: Graduation units, serviced flexible units, from 1,000 sq ft Larger units, workshop/storage 5-15,000 sq ft Additional office space, flexible units as per existing OrbisEnergy space Office/clean workshop/lab, flexible units for R&D prototyping activities Bespoke R&D facilities Training facilities/infrastructure

30. Questions? Contact: Johnathan Reynolds Business Development T: +44 (0) 1502 509266 / +44 (0) 7787 518643 E: johnathan.reynolds@nwes.org.uk W: www.orbisenergy.co.uk