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Minister Sherlock launches €29 million SFI Research Centre, Marine Renewable Energy Ireland (MaREI)

MaREI Centre to position Ireland at the forefront of Marine Renewable

Energy Industry

· Directly supporting 77 highly skilled jobs;

· Involves 45 industry market leaders in energy, marine technology,

software and hardware providers investing over €10 million;

· MaREI to act as catalyst to Ireland establishing a safe, sustainable

and profitable marine energy supply for domestic and international

markets;

Cork, 15 November 2013: Minister for Research and Innovation Seán

Sherlock, T.D. officially launched the Marine Renewable Energy Ireland

(MaREI) SFI Research Centre today at University College Cork (UCC).

The Centre will receive funding of €19million from the Department of Jobs,

Enterprise and Innovation through Science Foundation Ireland (SFI) with a

further €10.5 million from 45 industry partners. This investment has the

potential to position Ireland at the forefront of the marine renewable

energy research sector globally.

Speaking at the launch of MaREI, Minister for Research and Innovation Sean

Sherlock, T.D. recognised the commitment shown by Government, industry and

academic partners, stating:

“By making Ireland an international focal point for the marine renewable

industry, MaREI will help create solutions for the marine energy industry

to meet national and international sustainable energy demands, and ensure

that jobs created in this sector benefit the national economy. MaREI will

prepare ocean technologies for market by removing technical and commercial

barriers, and will directly create companies and jobs, thereby serving as a

catalyst for Ireland to establish a safe, sustainable and profitable energy

supply for domestic use and for export.”

MaREI will conduct world-leading research on all aspects of the marine

renewable energy from marine robotics and materials to endure ocean

conditions, to offshore wind, wave and marine energy devices as well as

technologies to deliver power to the grid for electricity supply at home

and abroad.

As an industry-academia research consortium, there are over 45 industry

partners, including Bord Gas Energy, ESB Energy International, Intel,

Siemens, DePuy, many other global market leaders and indigenous SMEs in the

area of energy, marine technology, software and hardware. Academic

partners include lead partner UCC along with University College Dublin,

Cork IT, University of Limerick, NUI Galway, NUI Maynooth, Marine Institute

and Teagasc.

MaREI will directly support 77 jobs and has the potential to support the

creation of significant employment in the long-term through spin-out

companies and intellectual property in the field of marine renewable

technology and marine energy materials, devices and solutions for industry.

Professor Tony Lewis, MaREI Interim Director and Director of Beaufort

Research UCC, added: “Ireland is one of the best locations in terms of

marine renewable energy resources. This Centre will develop the science and

technology solutions required by industry to develop commercial wave, tidal

and floating wind energy devices through cutting edge research.”

Speaking at the announcement, Professor Mark Ferguson, Director General of

SFI and Chief Scientific Adviser to the Government said: “This investment

in marine renewable energy aims to position Ireland at the fore-front of

this field and the potential for significant long-term economic impact

cannot be underestimated. MaREI is one of seven world-class SFI Research

Centres of scale and excellence that involve significant co-investment by

industry partners. This investment reflects the excellence of the research

and strategic relevance of the sectors to industry and Ireland.”

“This new Centre is another great example of UCC working with our partner

academic institutions and industry to achieve Ireland’s strategic goals and

this is a very significant step in Ireland being recognised as a world

leader in the Marine Renewable Industry,” said UCC President Michael

Murphy.

Minister for Agriculture, Food and Marine Simon Coveney T.D. conveyed his

support for the SFI-funded MaREI Centre by video link from Norway to the

launch event.

The new centre will look at a wide range of challenges concerned with the

optimized deployment of marine renewable energy devices, the connection of

such devices to the national grid, methods for storing the energy

generated, and related marine governance, planning, economics and

environmental issues. As well as supporting industry through integrated

and collaborative research, MaREI will also educate and train the next

generation of engineers and scientists for the marine renewable energy

industry.