OceanSET
OceanSET is an EU-funded coordination project acting as secretariat to the SET Plan Implementation Working Group for Ocean Energy, supporting knowledge sharing and policy implementation across EU Member States and ocean energy stakeholders.
- Company typePrivate
- Founded2019
- HeadquartersDublin, Ireland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What OceanSET does
OceanSET is an EU-funded coordination and secretariat project supporting the Strategic Energy Technology Plan (SET Plan) Implementation Working Group for Ocean Energy (OE-IWG). It is the branding of the OE-IWG, providing a single dedicated platform through which 9 partner organizations across Europe (including SEAI, Wave Energy Scotland, DGEG, France Energies Marines, Ocean Energy Europe, ENEA, TECNALIA, University of Edinburgh, and PLOCAN) implement 23 technology development actions outlined in the Ocean Energy Implementation Plan and promote knowledge sharing among EU Member States, regions, and ocean energy stakeholders. Operations have transitioned from the 2019-2022 Horizon 2020 'OceanSET' project (€1 million budget) to the Horizon Europe 'SEETIP Ocean' project, which extends the mandate to also support the European Technology and Innovation Platform for Ocean Energy (ETIP Ocean).
The project's core product is its coordination infrastructure rather than any proprietary technology stack: it produces multi-year annual reports mapping ocean energy sector activities (covering policy, financing, technical, and environmental dimensions across Member States), organizes annual knowledge-sharing workshops and webinars, issues newsletters and press releases, and publishes public deliverables. Distribution is via the oceanset.eu portal, direct engagement with the European Commission and CINEA, and side events at Ocean Energy Europe conferences. There is no API, app, or software product; outputs are human-curated reports and convening services.
OceanSET does not operate as a commercial entity. Funding flows from European Commission grants (Horizon 2020 and Horizon Europe), and there are no disclosed pricing models, sales channels, or customers in a commercial sense. End beneficiaries are EU Member States, the European Commission, and ocean energy industry and research stakeholders that consume its annual reports, policy monitoring, and coordination outputs. Operational headquarters are located at Rue d'Arlon 63, 1040 Brussels, Belgium, coordinated by Ocean Energy Europe.
OceanSET firmographics
Firmographics- Name
- OceanSET
- Legal name
- Ocean Energy Europe (as Coordinator for the account of the Horizon Europe SEETIP Ocean project consortium)
- Website
- https://oceanset.eu
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- OceanSET is an EU-funded coordination project acting as secretariat to the SET Plan Implementation Working Group for Ocean Energy, supporting knowledge sharing and policy implementation across EU Member States and ocean energy stakeholders.
- Ownership category
- akta.pro rank
OceanSET industry classification
Industry- Product category
- Ocean Energy Coordination Services
- SIC
- International Affairs (9721), Services-Engineering Services (8711)
- akta.pro primary industry
- Offshore Wind & Marine Spatial Planning Regulation (EUAMANAM)
- akta.pro secondary industry
- Coastal & Marine Resources Administration (Oceans, Fisheries, Shorelines) (BPAIAMAI)
Keywords
Where OceanSET is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices1 record
Markets served
OceanSET business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- EU Horizon Funding: OceanSET is funded by the European Union through the Horizon Europe project 'SEETIP Ocean' (contract 101075412), having been previously supported by the Horizon 2020 project 'OceanSET'. The original OceanSET project was a 3-year EU H2020 project with a total budget of €1 million.
Distribution channels2 records
Marketing channels5 records
OceanSET product offering
Product offeringCore offering
OceanSET is a coordination and secretariat service supporting the European Strategic Energy Technology Plan (SET Plan) Implementation Working Group for Ocean Energy (OE-IWG). It facilitates implementation of the 23 technology development actions outlined in the OE-IWG's Implementation Plan, promotes knowledge sharing among EU countries, regions, the European Commission, and ocean energy stakeholders, and produces annual sector reports, newsletters, workshops, and webinars. Activities are currently supported by the Horizon Europe "SEETIP Ocean" project, having been originally launched under Horizon 2020.
Product overview
OceanSET is a single unified initiative/project providing coordination services to the OE-IWG. It functions as the secretariat and branding for the working group, supporting the implementation of the Ocean Energy Implementation Plan. The project produces annual reports documenting ocean energy sector progress, organizes knowledge-sharing workshops and webinars, and disseminates public deliverables. Activities are currently supported by the Horizon Europe SEETIP Ocean project, having been previously supported by the Horizon 2020 OceanSET project.
Differentiator
Problem solved
Functional benefit
Products and services
- OceanSET Coordination and Secretariat Service A coordination and secretariat service supporting the European Strategic Energy Technology Plan (SET Plan) Implementation Working Group for Ocean Energy (OE-IWG), facilitating knowledge sharing and implementing the OE-IWG's Implementation Plan across EU countries, regions, and ocean energy stakeholders. Activities are currently funded by Horizon Europe under the SEETIP Ocean project (contract 101075412).
Quantifiable outcome
- 151 projects identified receiving public grant aid of €496 million for Technical theme actions
- +1 more outcomes
Companies that use OceanSET
Customer profileSegments4 records
Ideal customer profiles4 records
OceanSET technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OceanSET partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core.
- European Technology and Innovation Platform for Ocean Energy (ETIP Ocean)coreSEETIP Ocean supports both the OE-IWG and ETIP Ocean. Joint webinars and dissemination activities conducted with ETIP Ocean for maximum reach to the ocean energy community.
- Sustainable Energy Authority of Ireland (SEAI)coreProject coordinator for OceanSET. SEAI is Ireland's national energy authority established under the Sustainable Energy Act 2002. It leads the kick-off meeting organization and provides annual survey coordination for Member States.
- Wave Energy Scotland (WES)coreSubsidiary of Highlands and Islands Enterprise, driving innovative solutions to technical challenges in wave energy. Supports pre-commercial procurement programme and provides expertise on financing and stage-gate metrics.
- Direção Geral de Energia e Geologia (DGEG)corePortuguese public administration responsible for designing and implementing energy policies. Coordinates technology developer surveys and provides expertise on ocean energy sector activities.
- France Energies MarinescoreNational institute for energy transition on offshore renewable energies. Team of 35 researchers and engineers developing skills in site characterisation, technology design, environmental integration, and farms optimisation.
- Ocean Energy EuropecoreTrade association for ocean renewables in Europe, representing over 120 members including utilities, engineering companies, device developers, test centres, and research institutes. Coordinates the SEETIP Ocean project from Brussels.
- Agenzia nazionale per le nuove tecnologie, l'energia e lo sviluppo economico sostenibile (ENEA)coreItalian national research agency with around 3,000 staff. Laboratory of 15 employees combines expertise in oceanic and atmospheric modeling and assessment evaluation.
- TECNALIAcoreLargest centre of applied research and technological development in Spain. Develops and tests innovative solutions for offshore renewable energies and ocean energy to increase cost-effectiveness of technologies.
- University of EdinburghcoreOne of UK's largest universities with international reputation for academic excellence. Institute for Energy Systems includes 26 academic staff, 28 research staff, and 70 postgraduate students focusing on ocean energy, innovation, life-cycle analysis, and hydrodynamics.
- Consorcio para el diseño, construcción, equipamiento y explotación de la Plataforma Oceánica de Canarias (PLOCAN)coreMultipurpose service centre with land and sea-based infrastructures for marine research. Joint initiative of Spanish and Canary Islands governments, providing ocean observatory, marine test site, and underwater vehicle base.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
OceanSET competitors and assessment
Company assessmentEmerging players
- ETIP Wind: European Technology and Innovation Platform for wind energy under the SET Plan; structurally identical to OceanSET's ETIP Ocean parallel, offering the closest analogous peer in a more mature renewable technology vertical.
Broad incumbents
- International Renewable Energy Agency (IRENA): Global intergovernmental organisation coordinating renewable energy policy and knowledge sharing across all technologies including ocean energy; serves a parallel but much broader convening function.
- World Energy Council: Global energy transition membership organisation convening governments, industry, and academia; performs cross-technology knowledge sharing and policy coordination at a much broader scale than OceanSET but with overlapping convening-and-intelligence function.
- Ocean Energy Europe (OEE): Trade association representing 120+ ocean energy members and the official coordinator of the SEETIP Ocean consortium that operates OceanSET; broader sector advocacy mandate that subsumes OceanSET's coordination function.
Others
- PLOCAN (Plataforma Oceánica de Canarias): Spanish/Canary Islands joint-initiative marine research infrastructure consortium partner of OceanSET; provides test-site and observatory infrastructure that supports the ocean energy R&D ecosystem OceanSET coordinates.
Regional players
- Wave Energy Scotland (WES): Scotland's national pre-commercial wave energy programme and an OceanSET consortium partner; performs comparable technology development coordination, stage-gate financing, and stakeholder engagement within a national/regional scope.
- Sustainable Energy Authority of Ireland (SEAI): Ireland's national energy authority and the original OceanSET project coordinator; combines policy coordination, programme management, and stakeholder engagement for ocean and other renewable technologies at national level.
- France Energies Marines (FEM): French national institute for offshore renewable energy transition with 35 researchers; consortium partner that performs parallel R&D coordination, technology assessment, and knowledge dissemination at national level — highly comparable operating model.
Direct peers
- ETIP Ocean (European Technology and Innovation Platform for Ocean Energy): Sister coordination platform for ocean energy R&D in Europe; jointly supported by SEETIP Ocean alongside OE-IWG, making it the most directly comparable organisation in terms of mandate, audience, and scope.
- International Energy Agency – Ocean Energy Systems (IEA-OES): International intergovernmental collaboration agreement on ocean energy; performs parallel coordination, annual reporting, and stakeholder engagement functions at the global level, directly mirroring OceanSET's role at the European level.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
OceanSET social profiles
Digital presenceOceanSET financial estimates
Financial estimateRevenue estimate
Valuation estimate
OceanSET leadership team
Management profileNumber of profiles
OceanSET subsidiaries and ownership
Company hierarchySubsidiaries1 record
OceanSET funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
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OceanSET M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OceanSET
What does OceanSET do?
OceanSET is a coordination and secretariat service supporting the European Strategic Energy Technology Plan (SET Plan) Implementation Working Group for Ocean Energy (OE-IWG). It facilitates implementation of the 23 technology development actions outlined in the OE-IWG's Implementation Plan, promotes knowledge sharing among EU countries, regions, the European Commission, and ocean energy stakeholders, and produces annual sector reports, newsletters, workshops, and webinars. Activities are currently supported by the Horizon Europe "SEETIP Ocean" project, having been originally launched under Horizon 2020.
Is OceanSET a public or private company?
OceanSET is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was OceanSET founded?
OceanSET was founded in 2019. It employs 11 to 50 people.
Where is OceanSET based?
OceanSET is headquartered in Dublin, Ireland, in the Europe region.
How does OceanSET make money?
One revenue line is on record: EU Horizon Funding.
Who are OceanSET's main competitors?
ETIP Wind is listed as an emerging player. Broad incumbents are International Renewable Energy Agency (IRENA), World Energy Council and Ocean Energy Europe (OEE). PLOCAN (Plataforma Oceánica de Canarias) is listed as an others. Regional players are Wave Energy Scotland (WES), Sustainable Energy Authority of Ireland (SEAI) and France Energies Marines (FEM). Direct peers are ETIP Ocean (European Technology and Innovation Platform for Ocean Energy) and International Energy Agency – Ocean Energy Systems (IEA-OES).
Does OceanSET have an API?
No public API is recorded for OceanSET.
What industry is OceanSET in?
OceanSET's product category is Ocean Energy Coordination Services. Its primary akta.pro industry code is EUAMANAM, Offshore Wind & Marine Spatial Planning Regulation, with a secondary code of BPAIAMAI, Coastal & Marine Resources Administration (Oceans, Fisheries, Shorelines). Its SIC code is 9721.