The promotion of a Marine Energy and Energy Storage Innovation Hub by the Xunta de Galicia

The results and impacts are as follows:

• Mobilization of up to almost 220 million euros over three years (2025-2027).
• Consolidation of Galicia as a benchmark in the sector and growth of GDP and skilled employment.
• Contribution to decarbonization objectives by promoting the development of renewable energies and storage.
• New marine renewable technologies and energy storage.
• Joint promotion of innovation and industrial development.
• Strengthening of the value chain associated with the deployment of marine renewable energies and storage, establishing research and experimentation and logistic Capabilities to support Galician companies in the promotion of this industry throughout its life cycle.
• Positioning of the Galician ecosystem of companies, universities and teaching centers, research organizations, entrepreneurial ecosystem, etc. as national and international benchmarks in the supply of goods and services throughout the value chain of marine energy and energy storage.
• Boosting the competitiveness of the Galician industry, to efficiently and reliably carry out the necessary activities in this industry throughout its life cycle, enhancing the Capabilities of the business and knowledge fabric, as well as the entrepreneurial ecosystem in this sector.
• Provision of scientific and technological infrastructures for the testing and demonstration of marine energy technologies and energy storage, capable of attracting R&D&I and industrial investment to Galicia.
• Encouraging the creation of qualified employment in Galicia, promoting job retraining and the improvement of workers' labor skills, the development of youth vocations in the areas necessary for the growth of this industry and entrepreneurship linked to the sector.
• Promoting the role of marine renewable energies in the reduction of_CO2 emissions, and specifically, contributing to the achievement of Galicia's goal of being carbon neutral by 2050.