MassCEC Programs: The State’s Role in a New Marine Energy

Industry

James Bowen

Director of Business Development Massachusetts Clean Energy Center

Massachusetts Clean Energy Center –

Marine Hydrokinetics Activity

James Bowen

Director of Business Development

EBC Presentation – February 27, 2013

About the Massachusetts Clean Energy Center

• Dedicated to accelerating the success of clean energy technologies, companies and projects in Massachusetts

• Committed to establishing Massachusetts as a global clean energy destination for world partners

• Supporting growth of early-stage companies and municipal clean energy projects

• Focused on creating high-quality jobs and long-term economic growth for the people of Massachusetts

• Investing in both companies and infrastructure

Massachusetts’ Clean Energy Economy is Large and Growing

• 11.2% growth since 2011 • 4,995 clean energy firms • 71,523 clean energy

workers • Clean energy growth

outpacing the general Massachusetts economy by ten-fold

Regional Opportunities in MHK

• MA tidal resources: Muskeget Channel, Cape Cod Canal, Buzzards Bay

• Bay of Fundy & Hudson River

• Canals and Rivers

• Wave Resources along Atlantic Coast

R&D, Federal and State Fuding/Incentives, Industry Association Outreach

Manufacturer

Devices (turbines, wave energy converters)

Generators and capacitors

Developer/License Holder

FERC 1) preliminary permit 2) pilot project license 3) project license

Assessments: environmental, site, recreational activities, commercial fishing

Massachusetts Chapter 91 permit

Device testing, environmental impact studies

NEPA/MEPA requirements

Installer

Shoreline development

Cabling

Device and site construction

Project commissioning

What We’ve Done

• 2 Muskeget Demonstration Projects

• Nantucket Wave Demonstration Project

• Test site identification

• METAP Process

• Energy Ocean Conference

• MREC Funding & Technical Conference

• Infrastructure – NB Marine Commerce Terminal

New Bedford Marine Commerce Terminal

•First port in the United States equipped to handle the deployment of

offshore wind projects

Where We’re Going

• InnovateMass Demonstration Program

• Federal Government Opportunities?

• Regional Test Site Assessement & Promotion

• Canal FERC Permit?

• MHK Company Cluster

• Future Conferences?

Applicable Programs

• InnovateMass

• ACTIONPass

• Internship Program

• CleanZoNE

• Catalyst Program ($40K)

• Investments Programs

Entrepreneurial infrastructure

Investing in company growth • Catalyst Program

– $40,000 in grants to researchers

• Investments in advancement of technology – $500,000 equity investments to early-stage companies

• Investments in job creation – $750,000 for 100 new full-time jobs over two years

• Investments in company visibility + connections – Global Cleantech Meetup November 12 – 14, 2013

• NEW: Investing in innovative technology demonstrations – Innovate Mass(c) - $1 million in funding for early-stage demonstration

projects

• NEW: Seeking to support emerging water innovation cluster

Workforce development internship program

• Program Overview

– 10-week paid summer internship for Massachusetts college students at Massachusetts-based clean energy companies now expanded to fall and spring

• 2012 - 2011 Results:

– Placed 262 interns at 77 Massachusetts companies

– 46 student have been offered employment at host companies

– 98.3% of employers would consider rehiring their interns after the program.

International Opportunities

• Chile – MOU with MA; great resource potential

• Other countries with good resource potential: – Colombia

– Panama

– Scotland

– Portugal

• Israel – Massachusetts-Israel Innovation Partnership (MIIP)

Food for Thought

• Port Opportunities

• Undersea Cable Backbone

• Tie-ins with Offshore Wind

• New DOE head = federal funding opportunities?

• Regional Leadership

Join Us: November 12 – 14, 2013

Boston, Massachusetts Interested? Find out more by emailing meetup@masscec.com

Questions? Jim Bowen, Director of Business Development

jbowen@masscec.com

Twitter: @JamesWBowen

www.linkedin.com/in/jamesbowen

MassCEC Clean Energy Group

@MassCEC