DP Energy takes centre stage at Europe’s Premier Ocean Energy event.

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DP Energy will partner with Ocean Energy Europe 2014 as a Silver Sponsor for the most importantevent in the calendar of the European ocean energy sectors. The event takes place on 1-2 October in the Marriott Rive Gauche Hotel, Paris. European Commissioners for Energy (Guenther Oettinger) and Maritime Affairs (Maria Damanaki) have confirmed their participation in the event.

Several of the EU’s energy ministers will speak alongside DP Energy’s CEO Simon De Pietro, as well as CEOs and Directors from Europe’s most important industrial companies during a high-level session on 1 October. The conference will host the first meeting of the Ocean Energy Forum’s High Level Board. At this meeting, Energy Ministers from across the EU and senior industry CEOs, will be asked to discuss and endorse the preliminary recommendations of the European Commission’s Ocean Energy Forum. Simon De Pietro also takes the stage in the opening session on 2 October entitled ‘Finance 1: Funding an Emerging Industry’. This session will explore what public finance solutions are available at EU and National level to support risk sharing, and how to develop ‘fit-for-purpose’ finance options for demonstration and early commercial projects. Following the acquisition of Westray South earlier this year, DP Energy has the largest portfolio of tidal stream projects in the world held by an independent developer and will bring this experience to bear alongside their European counterparts. Mr De Pietro will also lend his experience to a consenting session taking place on the afternoon of 2 October entitled ‘Streamlining Project Development: Removing the Financial Burden of Consenting’. Furthermore, DP Energy will take part in the Ocean Energy Europe 2014 exhibition, alongside 40 other leading European companies active in the ocean energy sector. The exhibition will take place over both days of the conference.

Regarding this announcement, Dr Sian George, CEO of Ocean Energy Europe said: “We are delighted that DP Energy has partnered with us to produce Ocean Energy Europe 2014. DPE is a dynamic and innovative organisation with a great vision for the future of this sector and for Europe, which we can fully get behind.”

Commenting on DP Energy’s sponsorship of the event, Simon De Pietro said: “The Ocean Energy Europe 2014 event is a great opportunity for companies operating at the coalface of the marine energy sector to work directly with policy makers from the European Commission and across key Member States to ensure that the industry can be supported to become a key part of the European energy portfolio.”

For further information on Ocean Energy Europe 2014 and to register to attend, visit the conference website: http://www.oceanenergy-europe.eu/index.php/en/events/annual-conference

 

Background

DP Energy is a developer of renewable energy projects, primarily tidal, wind and solar energy. It is headquartered in Ireland, and with a project portfolio spanning Ireland, the UK, Australia and Canada. In tidal DP Energy owns the Westray South project, Orkney and is also part of the consortium developing the Fair Head project, Northern Ireland and West Islay, off the west coast of Scotland.It is a fundamental principle of DP Energy that all its developments are both sustainable and environmentally benign.

Ocean Energy Europe is the trade association for ocean renewables in Europe. It is based in Brussels and has nearly 80 members including some of the world’s leading utilities, engineering companies, device developers and research institutes. Their combined strength makes Ocean Energy Europe the largest and most powerful network of ocean energy professionals in Europe.

Ocean Energy Europe’s annual conference is Europe’s premier ocean energy event. The 2014 edition takes place over two days in Paris, France. It will bring together the biggest players and sharpest minds in the ocean energy sector for two days of intensive discussion and debate. The conference will also feature a 44 stand virtual marketplace for Europe’s ocean energy sector