The primary objective for RP3 is to advance the technological and commercial readiness of emerging offshore renewable energy system technologies, so they can fulfil their potential to decarbonise societal demands. Offshore aquaculture presents a potential pathway market, whereby these technologies can demonstrate their value, as they progress through to broad market competitiveness.

Commercialisation opportunities include the design and development of renewable energy conversion devices; optimal offshore storage solutions and export products and micro-grid architecture solutions and control systems for intelligent management of integrated end-user demands. ORES will also focus on essential resources such as freshwater (via desalination) and oxygen (for hatchery and fish culture) which could be commercialised.

An energy demand and optimisation model for offshore industry operations (for proposed co-located aquaculture platform, and other future scenarios).

Offshore Renewable Energy Converter (OREC) designs, patents, and improvement in existing technologies with increased survivability and decreased environmental impact, capital, and operating costs.

Designs, patents, energy management strategies, new and integrated technologies, suitable for the offshore environment, leading to a bench-scale test system and products such as micro-grid architecture, desalination, oxygen, hydrogen, ammonia, and other storage solutions, derived from Offshore Renewable Energy Systems (ORES).

Successful proof of concept through field demonstration of the operation of novel ORES, and reporting findings and learnings (e.g. performance, system-scaling, installation, monitoring systems, licensing, risk management and mitigation, maintenance, end-user demands, and CAPEX and OPEX reductions).