Malta

malta

Malta ranks 25th in the 2015 Eco-innovation Scoreboard with a composite index of 64 relative to the EU-average index of 100. The country slightly exceeds the EU-28 average in terms of resource efficiency outcomes (with an index of 104), but lags behind in eco-innovation inputs, activities and outputs and socio-economic outcomes.

The development of eco-innovation is hindered by a mix of natural constraints and structural challenges, including the country’s small size and insularity, limited potential to develop renewable energy sources, a weak human resources base in science and technologies, limited capacity and readiness for research and innovation on behalf of local firms, and relatively low levels of investment in R&D.

Nevertheless, several recent policy initiatives – most notably, a new National Research and Innovation Strategy to 2020 – reflect the Government’s commitment to improve Malta’s innovation environment and R&D potential. Policy initiatives specifically related to eco-innovation and the circular economy include a Green Economy Strategy and Action Plan, a National Electromobility Action Plan, and a new Waste Management Plan. Areas that have benefitted from eco-innovation solutions in the past two years include water management (in particular, efforts to address water scarcity) and energy efficiency

 

2015 Eco-innovation Scoreboard ranking and eco-innovation index composites for Malta

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Blue Ocean Energy

Labels: Malta

Malta_GPE_BlueOceanEnergyThis project involves the development of technology for the generation of electricity from waves, from the North Sea to the characteristics and properties of the Mediterranean Sea.  The main aim is to explore the possibility of use of wave energy in Malta as well as add green jobs related to this new energy as well as create a new market within the Mediterranean region.

The purpose of the BLUE OCEAN ENERGY® project (BOE) based on the DEXAWAVE converter is to transfer technology from DEXAWAVE ApS to DEXAWAVE Energy Malta for the adaptation of the DEXAWAVE converter from North Sea conditions to Mediterranean conditions. This will be done by constructing a 1:10 scale model of the converters which will be subjected to real Mediterranean sea conditions. This project will provide the Government of Malta, the Ministry for Resources & Rural Affairs, Enemalta Corporation and the consortium behind the project with sufficient information to justify acceptance, modification or rejection of the proposed project for further financing. If the results of the 1:10 project are positive, the eventual full scale pilot project that shall be deployed in Malta shall provide Malta with Megawatts of clean energy, shall be used as a showcase for the technology and shall put Malta on the forefront of wave energy conversion. Moreover the converters shall be manufactured locally creating jobs, exports and improving GDP.

Budget: 245 K €

Timeschedule: 1st of January 2011 – 30th April 2012

Partners: DEXAWAVE ApS, DEXAWAVE Energy Malta LtD., University of Malta (Institute for Sustainable Energy), University of Malta (IOI – Malta Operational Centre)

Funding: MCST (Malta Council for Science and Technology) 200 K €

Own co-funding 45 K €

Project Status: In progress

Barriers and Drivers

Drivers include support by MCST and other public entities involved in the project. The possibity of creating a new market is another driver. In fact the company has already been approached by a number of potential investors to explore possibilities.

Economic Performance

The new technology, if successfully developed and commercialised, will provide provision of electricity at a lower price to consumers.

The company has also identified economic potential. The technology would need to be built in Malta. This would generate more work to the company, but also additional jobs in the manufacture and building of the technology. In addition, there will also be additional jobs related to the servicing of the technology.

There has already been interest in the technology by several countries and this reflects the possibility for the company to tap into new markets.

Social Performance

The main direct impact refers to the decrease in electricity prices and thus help alleviate the burden which the new tariffs for electricity bills have provided to families.

There is also great potential in increased employment in both the manufacture and servicing of technology. This can contribute to a reduction in unemployment.

Environmental Impact

Rates of pollution would be decreased as the technology would be able to provide a signficiant amount of electricity to make a difference on the electricity generation requirement  by the Power Station which is a major pollutant.

Further Information

http://oceania.research.um.edu.mt/cms/blueocean/index.php?option=com_content&view=article&id=11:mcst-funded-wave-project-kicks-off&catid=7&Itemid=125

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