The document summarizes information about Morlais, a 35 km2 tidal stream zone off the coast of Anglesey, Wales that was designated by the Crown Estate in 2014. Key points include: - It has a 45-year lease and potential capacity of 240MW to support the development of tidal stream energy projects. - Menter Mon, a local enterprise agency, holds the lease and has secured £50 million in EU funding to develop infrastructure for the zone. - The zone offers a long-term opportunity for technological development, manufacturing, and commercial growth in tidal stream energy through its lease until 2059.

1. YNYS MÔN
One of three TIDAL STREAM ZONES in the UK designated by the Crown Estate in 2014
35 km2 of sea bed
45 year lease – long revenue prospectus
240MW capacity
Strong tidal resource
Futureproofed grid potential
Identified customers

2. Objective
Position Statement
Broader Challenges
Menter Mon – NW Wales Enterprise Agency
Leaseholder
£50m of EU bids drawn and delivered over 20 years
Actively seeking partner funding to build the infrastructure
Revenue prospectus produced

3. MORLAIS is the designated
West Anglesey Demonstration Zone
The UK has a distinct advantage in tidal
stream resource levels – mostly
concentrated in Wales and Scotland.
In economic terms, adding value to
this resource is critical.
The Morlais zone is
one of only three
designated in the UK by the
Crown Estate for tidal stream
development, proving the unique
combination of factors in our marine
waters
YNYS CYBI
HOLY ISLAND

4. What we need
SHORT TERM
What we have What we don’t have
A Plug and Play Tidal Stream
Demonstration Zone that will be
ready for deployment in 2022
An identified, rational and timely
means of achievement
Subtenant customers known long
term requirements to 180MW
Absolute guarantee of consent and
infrastructure financing
What we need
LONG TERM
What we have What we don’t have
Long term prospects to allow
technological development,
manufacturing and export,
environmental knowledge and
commercial growth
A lease to 2059
Unlimited access to market with POC
to the T Network connection 3 miles
from shore
An offer for 180MW from NGT and
13.5MW from SPEN
Agreement with Orthios Ltd for T
network POC
A developing partnership with
Minesto Deep Green to meet their
needs
Finalised agreements on all of these
matters

5. Financing Morlais A Consent and Contracts
Approved September2017
• ERDF £ 4,234,172
• Match £ 1,392,635
TOTAL £ 5,626,806
• ERDF £19,951,850
• Equity match £ 9,022,664
TOTAL £28,974,514
Financing Morlais B Infrastructure construction
In submission April 2018

6. 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Lease signed
500K raised
startup
200k raised WG 4.7m raised
ERDF
Open call for
subtenant
berthing
Subtenants sign
agreements to
contribute
MORLAIS A
commences
01/09/17
MORLAIS A
completion
MORLAIS B
commences
MORLAIS B
completion
Royal Haskoning
procured for EIA
Bird and
mammal
studies start
Scoping
processes
undertaken
Scoping
completed
Start of formal
consent process
Completion of
formal consent
and licensing
process
Start
Infrastructure
build provisions
Infrastructure
build out
Submission of
Morlais B bid
Financial close
on build
Proof of Equity
financing for
Morlais B
COMMERCIAL OPERATION
TO 2059

7. What has Morlais achieved thus far?
Attracted development funding from the Nuclear Decommissioning Authority, ERDF and
Welsh Government (MORLAIS A)
Attracted £142k of Menter Mon, Anglesey County Council and Ynni’r Fro investment
Preparing a substantial application to EU for £20m of ERDF funding for submission in April 2018 if
we find £9m of equity investment (MORLAIS B)
Secured a 13.5MW export connection with SPEN (in conjunction with Minesto)
Accepted an offer of connection for 180MW from National Grid
Commenced consent work, commissioning Royal Haskoning / Marine Space to undertake the work
Undertaken 18 months of bird and mammal data – established baselines
Established a sequential commitment system to build an unique community of developer interest to
marshal the zone to maturity.
Undertaken extensive optioneering on grid routes and costs in order to produce a definitive cost
profile for submission to EU and equity to build the infrastructure (MORLAIS B)
YNYS MÔN

8. Nova Innovation
Tidal Stream /
Tocardo
Open Hydro
Instream
Verdant
Aquantis
SABELLA 3MW?
Minesto
Deep
Green

9. SPEN 33kV
connection
13.5MW
NGT 132kv
connection
180MW
Valley Tower
Alternative
132kV
LANDING POINT SURVEY
132kV road route
Morlais B Infrastructure

10. NGT
cable
ends
132KV
road
trench
132KV
cable
Joint bay

11. Pre Cambrian Yesterdays
Manufacturing Yesterdays
Maritime
YesterdaysThe future
POC

12. Why this is important
• Very important in respect of the Prosperity for All agenda and the Future Wellbeing Strategy
and the Minister’s renewable energy targets
• 240MW consent; 180MW grid connection with futureproofing
• A strong developer community
• £400m + of inward investment from developers’ turbine array deployments
• Morlais collective consent envelope
• Morlais collective infrastructure funding
• First of its kind ie tidal stream power plug and play site
• A strength in business partnership with a common cause
• Respect for diverse technologies
• Tangible meaning to the demonstration zone concept as the next stage of commercial
development– array behaviour
• Jobs created -= see table

13. Development and Installation
(FTE person years)
Scenario 2
(300MW)
MORLAIS
(180MW)
MORLAIS
(20MW)
Manufacturing & Energy 2,250 1350 150
Construction & Maintenance 2,310 1386 154
Distribution, transport &
comms 760 456
51
Professional & Public Services 1,420 852 95
Total 6,740 4,044 449
Operation over 25 years
(FTE person years)
3625 1208 242
Total employment
impact (FTE person years)
10,365 3,455 691
Table 1: Job creation expectations. Note Scenario 2 taken directly from Regeneris for WG 2013.
Economic Outputs