Relying on Current Knowledge to Consent/Permit Marine Energy Projects: Risk Retirement and Data Transferability
Risk retirement is the process whereby each potential risk need not be fully investigated for every small marine renewable energy (MRE) project. Rather, MRE developers and regulators may rely on what is known from already consented/permitted (hereafter consented) projects, from related research studies, or from findings from analogous offshore industries. Risk retirement does not take the place of any existing regulatory processes, nor does it completely replace the need for all data collection before and after MRE device deployment; these data are needed to verify risk retirement findings and add to the overall knowledge base. When larger arrays of MRE devices are planned, or when new information comes to light, these risks can be revisited and new decisions about the level of risk down-scoping or retirement can be made.
This Short Science Summary was developed based on the OES-Environmental 2020 State of the Science Report: Environmental Effects of Marine Renewable Energy Development Around the World, specifically Chapter 13: Risk Retirement and Data Transferability for Marine Renewable Energy.