Nova Scotia s Energy Matrix: Connecting the Dots. Stephen Dempsey Executive Director

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1 Nova Scotia s Energy Matrix: Connecting the Dots Stephen Dempsey Executive Director

2 OERA is: Independent, contract research not-for-profit corporation Mission is to lead energy research that enables the sustainable development of Nova Scotia energy resources through strategic partnerships with academia, government and industry. Purpose is to reduce the risks related to investments in Nova Scotia s offshore energy resources through the provision of scientific research initiatives.

3 Member Institutions St. Francis Xavier University Saint Mary s University Nova Scotia Dept. of Energy OERA Dalhousie University Acadia University Cape Breton University

4 Nova Scotia s Energy Matrix

5 Nova Scotia s Energy Matrix

6 How to Connect the DOTs Research Priorities Setting Bring together stakeholders Partnerships GSC / CNSOPB / NSDOE Technology Strategy Board / FORCE Research Tidal Value Proposition Play Fairway Analysis Technical Workshops Information Dissemination Nova Scotia Energy R&D Conference Collaborative Model

7 Research Priorities Research Priorities Setting Bring together stakeholders Collaborative Model

8 Research Priority Setting Process Government, industry, academia input Organize Review Discuss Review workshops, conferences & forums Collaborative Research Agenda

9 Criteria for Ordering Priorities Does it fill a significant knowledge gap? Will it influence industry investment? Likely impact Cost Does the likely impact justify the cost? Funds available / potential for cost sharing & leveraging? Can the research be completed in time to be influential / beneficial? Timing Risk Degree of risk associated with the work? Does the potential impact justify the risk (and cost)?

10 Priority Filters Geographic scope Organizational roles Applied versus theoretical research Access to funding Literature review Global competition Leverage potential

11 Marine Renewable Energy Research Priorities Resource Assessment Effects of Environment on Turbines Low Cost, Effective Monitoring Technologies Effects on Fish and Marine Mammals Impacts of Sediments, Habitat and Ecology Deployment, Retrieval & Mooring Systems Environmental Baseline Data Operational and Lifecycle Costs of Turbines Cabling and Connectors Socioeconomic Benefits & Impacts Community Maximizing Community and Provincial Economic Opportunities Issue

12 Geoscience Priorities Petroleum Geochemistry SW Region (PFA zones 1&2) Biostratigraphy - Triassic to Jurassic periods Reservoir Quality Sable & NE Region (PFA zones 3&5) Seismic Reprocessing Orpheus Graben & Sydney Basin Area Improvement of Oil Rim Understanding NW of Sable through to NE (PFA zone 5)

13 Plan Stakeholder Engagement Constructing a shared vision Ensuring leadership, facilitation & expertise Maintaining Focus

14 Stakeholder Connections Stakeholders connect with one another to advance their separate and shared interests. Mandate Legislation Regulation Funding

15 Partnerships Partnerships GSC / CNSOPB / NSDOE Technology Strategy Board / FORCE Collaborative Model

16 Research Research Tidal Value Proposition Play Fairway Analysis Collaborative Model

17 Value Proposition for Tidal Energy Development An estimate of the potential value, broader benefits and potential economic impacts of tidal power development Informed assessment of the potential value and broader benefits provincially, regionally & nationally Examine 3 different scenarios of tidal power development over next 25 years Impact on the Canadian economic opportunity in emerging world markets

18 Play Fairway Analysis Significant Outcomes Resource Potential 121 trillion cubic feet of natural gas 8.15 billion barrels of oil Impacts Program Management technical and engineering barriers reignites exploration interest Benefits all NS - industry spin-offs ~ 60 Research Project Contracts ~ $15 million investment Collaboration Nova Scotia academic institutions CNSOPB Geological Survey of Canada

19 Technical Workshops Workshops Collaborative Model

20 Technical Workshops Develop the details for a multi-year collaborative & sustainable R&D program to address gaps in our understanding of our offshore energy resources Through the R&D program generate information that will support our understanding of the resource and reduce risk to attract investment Establish and grow long term research capabilities and capacity in key research areas and support industry activity

21 Information Dissemination Information Dissemination Nova Scotia Energy R&D Conference Collaborative Model

22 Benefits of Connecting the DOTs Leverage Increase Research Capacity Social Licence Economic Impacts Toolkit New companies Build supply chain Risk Reduction Investment attraction

23 Forecast NS Leads the World in Tidal Energy Industry Yet Another Oil Discovery in Offshore NS Retired President, Hilary Clinton, Thanks NS Tidal Industry for Reduction in GHG s Nova Scotia Hosts the World Energy Summit Longest Annual Meeting in Halifax NS Universities Announce Record Enrollment in Marine Science Programs

24 Thank you Contact information:

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