Mocean Energy heads to COP 28

Scots firm hopes to ride wave of Gulf interest in ocean energy

Scots ocean energy pioneer Mocean Energy is heading to COP 28 this week as part of a delegation of 19 leading companies seeking to showcase Scotland’s ambition and expertise in net zero.

Company co-founder and Managing Director Cameron McNatt will take part in an intensive programme of events in the United Arab Emirates where he and other business leaders from Scotland will meet potential investors and business collaborators.

It is hoped the ocean energy firm will generate interest from delegates and governments keen to use ocean waves and offshore solar as new and untapped forms of low carbon power.

Mocean Energy is currently a key participant in the £2million Renewables for Subsea Power (RSP) programme which has connected Mocean’s 10kW Blue X wave energy prototype with a Halo underwater battery system developed by Aberdeen intelligent energy management specialists Verlume.

The two technologies are currently in the seas off Orkney where they are delivering low carbon power and communication to infrastructure including Baker Hughes’ subsea controls equipment and a resident underwater autonomous vehicle (AUV) provided by Transmark Subsea. The programme has been supported by industry partners alongside the Net Zero Technology Centre (NZTC), which is also attending the COP.

In the host city Dubai, meetings will be centred largely in the conference’s ‘green zone’, where attendees will explore how to turn climate policy into concrete action. The delegation has been organised by The Scottish Chambers of Commerce alongside The Scottish Government and Scottish Development International, and delegates will be supported by a number of ‘Global Scots’ tasked with opening doors for the Scottish firms.

“This COP is focussed very much on what we can do in practical terms, and I am keen to showcase how ocean energy can make a significant contribution to a net zero world,” says Mocean Energy Managing Director Cameron McNatt.

Earlier this month Mocean Energy attended the international ADIPEC energy conference in Abu Dhabi, where team members met Dr Sultan Ahamed al Jabar, President-Designate for COP28 and chair of Masdar, the UAE’s state-owned renewable energy company.

“There is a genuine interest in the Gulf region in transformational technologies which can make a significant green impact in the years ahead. The Scottish Chamber, the government and SDI have brought together a terrific delegation of world-leading Scottish firms and I hope our joint presence will create interest and inspiration leading to the adoption of Scottish technologies which can accelerate the low carbon transition,” McNatt concludes.

The delegation of 19 industry-leading Net Zero companies builds on the already well-established relationship Scotland enjoys with the UAE, and will showcase its expertise and strength across a range of sectors, including clean and renewable energy, hydrogen, space and other innovative technologies.

COP28 will further Scotland’s Net Zero interests and showcase its innovation strengths in key net zero sectors to a global audience, while increasing business-to-business engagement that can foster future collaboration in meeting the challenges of achieving Net Zero.

The delegation will include businesses from throughout Scotland including: