File - Galway Atlantaquaria
File - Galway Atlantaquaria
Produced as part of the Galway Atlantaquaria
Renewable Ocean Energy Series, funded by the SFI
Discover Programme 2015.
Renewable Ocean in
The Real Map of Ireland
• Ireland’s marine
far beyond our
coastline up to
220 million acres
km2) , an area
more than 10
times our land
An all island Electricity grid
One of Irelands problems is it does not have enough
efficient power plants on the grid to support economic
A Solution to this problem is to integrate the Northern
Ireland and Republic of Ireland grids.
This would create a Single Electricity Market(SEM) or central
pool, from which companies can purchase electricity to
be sold to their customers.
How is electricity price determined
The wholesale electricity market in Ireland is operated by
an organisation called SEMO, Single Electricity Market
It is regulated by the Central Electricity Regulator , but the
grid itself is operated by Eirgrid.
Each day the grid operator issues a forecast of the amount
of electricity needed at particular times
The power stations submit a bid price (marginal cost)
In addition, the power stations are paid annual capacity
payments to enable them to cover the capital costs of
Renewable on the grid
Certain tariffs were introduced for different forms of
renewable energy called REFIT (Renewable Energy Feed in
Under REFIT the Energy Regulator annually decides on an
amount of money to put into a fund to pay REFIT.
Under the REFIT tariff a floor price is decided for wind
energy, currently 5.7c a unit.
Every day the market operator SEMO issues its projected
demand for the following day and asks the generator’s to
bid their marginal cost and availability for half hourly
The operator then checks the wind forecast to see if wind
will be on the grid . SEMO then pass this theoretically
cheapest dispatch plan to EirGrid.
EirGrid carry out the planned dispatch making adjustments
in real time for demand.
The system works flawlessly 99.995% of the time.
What’s wrong with the grid
• Fossil fuel power plants, like Moneypoint
take a long time to power back up if
• Wind Energy Sources are mostly on the
west coast, but there is hardly any high
energy voltage lines on the west coast a
present to transfer energy to the east cost
where it is needed.
• Energy storage is very small with pumped
storage being the main concept being
developed on the grid at present.
Ireland’s Blue Economy
• Ireland Blue Economy contributed an
estimated €1.4bn to GDP last year
(figure estimated by NUI Galway’s
Socio-Economic Marine Research
Unit (SEMRU) and Teagasc).
• It is performing (on average) better
than the general economy with up to
9% growth over the last five years.
With an estimated turnover of €4.5bn
Harnessing our Ocean Wealth - utilising
our Blue Economy
In 2012, the Harvesting our Ocean Wealth
(HOOW)- An integrated Marine Plan for Ireland
In has three main goals:
Thriving Maritime Economy
Engaging with the Sea
Areas for Action for HOOW
Food from the Sea
Energy from the Sea
Such as the Wild Atlantic Way and cruise ship tourism
Enterprise & Industry
Renewable energy and offshore oil and gas production
Tourism and Business in Marine and Coastal Areas
New types of aquaculture and marine bio-technologies
New marine services such as ocean yacht racing, ship design
Integrated Marine Capacity and Capability
Divers/ Diving instructors
Fishing and Aquaculture
Maritime Industry Naval Archite
Offshore and Onshore Marine
Maritime IT personnel
Energy Engineers- (Bioenergy,
Wind, Marine, Solar….)
Soft ware Engineers
Plant/ Site Operators
Programmes to help people get
Marine Institute Employment and Training Programmes
The National Maritime College of Ireland
SMART- providing practical , bespoke, Research Vessel based training.
SmartBay Research internship Programme
Masters and PhD Programmes
Explorers Education Programme
Infomar -Transition Year Pilot scheme
Regional Marine, and Science and Technology Festivals
BIM’s Science Lesson on “Managing Our Marine Resources”
Areas of Action for
for more infomation