1. Marine renewable energy – A business and LEP perspective Nick Ames – Managing Director, Supacat/ LEP Board member 19 February 2013

2. Agenda  Supacat  Why Renewable energy?  LEP and Low Carbon initiatives

3. Heritage 2004-2013- Diversification1997-2004 – HMT launched1981-1996 – The beginning  Supacat Ltd established on ATMP and Glider winch programmes  UK MoD business channelled through Primes (Fairey, Alvis)  Utility vehicle ‘Capability Gap’ recognised – HMT concept  RNLI relationship established based on trailer products  First HMT4x4 order (UK MoD) for 65 won in 2001 with Supacat as Prime Contractor  Wider markets identified and exports achieved – USA, Denmark, Australia  HMT 4x4 taken into UK Regular Army  First Renewable Energy contract  15 Staff  £2m Turnover  60 Staff  £10m Turnover  100 Staff  £20m Turnover

4. Business Process Value CreationValue GenerationValue RealisationValue Add Marketing & Sales Design & Engineering Programme Management Customer Support Services Support Processes Opportunity and concept development Turning Concepts into Reality Delivering Reality Supporting the Customer

5. Agenda  Supacat  Why Renewable energy?  LEP and Low Carbon initiatives

6. Diversification Desire to make sure the business has a sustainable platform for the future ”Renewable energy – without the hot air” – S MacKay Desire to play a greater role in the region Identification of good partners to assist, Regen SW and MEM Long process and needs patience, but so does oil & gas There is a requirement for new skills Geography degree

7. SW England – A great place for offshore renewable energy……. Peninsula location Port assets – Plymouth, Bristol, Falmouth, Appledore and others Universities with Marine and Engineering specialisms Wave Hub – a unique asset Grid connections – net importer Coastal experience SW Marine Energy Park Location of UK’s first windfarm Low carbon communities MET office Engineering supply chain

8. The SW Offshore Renewable Energy resource bed Tidal Wave WInd Source data: ORRAD report, 2010

9. Agenda  Supacat  Why renewable energy?  LEP and Low Carbon initiatives

10. Benefits to the SW of Offshore Renewable Energy Sustainable jobs

11. South West Capital Expenditure 2015- 2030 Source: ORRAD 2010 £3.5 Billion SW Capex spend on offshore renewable energy by 2030

12. SW Operational Expenditure 2015 - 2030 Source: ORRAD 2010 Over £350m per annum by 2030

13. GVA (Value Add) to the Economy Technology2015-20202020–20252025–2030 2030 in planningTotals Direct GVA Tidal CAPEX 1483653121357 Tidal OPEX16324265155 Wave CAPEX 15311530537611 Wave OPEX 164396143297 Wind CAPEX 362154120113749 Wind OPEX2506128119742647 Totals944992142714534817 £4.8bn GVA by 2030 Source: ORRAD 2010

14. South West Jobs – all technologies Source: ORRAD 2010 Over 80% wind related O&M Over 5,000 O&M posts by 2030

15. Low Carbon Special Interest Group  Now established with remit to: “.. involve and work with partners in the public and private sector, organisations such as Regen SW and Institution of Civil Engineers to define our position, shape our policy, and enable progress towards the first low carbon LEP by capturing funding for the region’s projects”  Region holds many Low Carbon energy programmes, such as: Hinkley Point, Atlantic Array, Cranbrook housing heating, Numerous Waste to Energy programmes, Langridge Bio

16. Summary KEY POINTS  Low cost  Collaborate  Innovative  South West is well served with good SME businesses  Offshore renewables offers the chance for these to buy into a global industry at the outset  The SW is well served with support organisations and we should support them