Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH...

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Dan Finch Moray Offshore Renewables Lt

Transcript of Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH...

Page 1: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

Dan FinchMoray Offshore Renewables Ltd

Page 2: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

DELIVERING ROUND 3

Inverness 2nd February 2010

MORAY FIRTH OFFSHORE RENEWABLES Ltd.

Page 3: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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Introduction

1. Presenting the partnership

2. Committed to deliver

3. The Moray Firth (Zone 1) key issues

4. Delivery plan

5. Key challenges for Round 3

6. How to contact us?

Page 4: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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Presenting the Partnership…

Strong and Clear Commitment

EDP Renewables:

• #4 in renewables worldwide with a total installed capacity ~6 GW

• €2.0 bn per annum development budget

• Presence in 9 countries on 3 continents

• €1.6 bn IPO, largest in Europe in 2008

The Partnership The strengths

SeaEnergy Renewables:

• Scottish based world class team with decades of offshore Oil&Gas

experience– development, construction, installation, O&M

• Conceived, developed and delivered the Beatrice Demonstrator Project

• Two sites awarded in Scottish Territorial Waters Round (1,825 MW)

Unique Deepwater Capabilities

Proven track record for Delivery and Operating at ScaleThe Crown Estate:

• Decades of experience as Stewards of the UK Seas and Coastline

• Top quality professionals from the offshore and energy sector

1

2

3

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EDPR: a pure wind player with a sound asset base…

-

MW Installed Capacity

MW Under Construction

427

2,530

14

128

596

477

2,109

120

-

36

21113

57

159

-

Spain

USA

Portugal

France

Belgium

Poland

Romania

Brazil

18,062

1,509

574

4,999

1,221

62

1,466

682

Installed Capacity

Under Construction

Pipeline + Prospects

Gross MW

5,577 1,293 28,587

MW Pipeline + Prospects

Page 6: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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•To be at the forefront in the application of marine renewable technologies

•To be the recognized leader in marine renewable energy

•To develop a portfolio of 3-5 GW in 3-5 years, generating within 10 years

•To own net interests of 1GW within 5 years

•To create enterprise value of >£500 million within 5 years

SeaEnergy Renewables: the partner of choice in offshore power generation

Business goals

Page 7: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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…Committed to Deliver…

• Dedicated to offshore renewables

• Engineering and Offshore project management skills

• Fabrication, installation and O&M expertise offshore

• Experience in licensing and permitting in offshore Scotland

• Proven stakeholder management success

• Local and highly specialised professionals to complement and accelerate program roll-out

• Sourcing know-how from the oil & gas sector

SeaEnergy Renewables

Supply Chain

• 700+ professional fully dedicated to wind

• Financial commitment of €2 bn/year for wind farm construction

• #1 client of Vestas and in the top-3 of Enercon, Gamesa and GE

• Best-in-class energy yield with a 30 people strong team with more than 10 years of experience

• Engineering & Construction capability

• O&M team of 150 professionals and State of the art Control & Operation Center

EDP Renewables

• Commitment to deliver UK R3• Experience in Stakeholder management

The Crown Estate

Page 8: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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…the Moray Firth (Zone 1)

Cumulative & In-combination impacts with STW

• Marine Mammals, Birds, Nature Conservation, Radar & Aviation, Shipping, Fisheries

Grid• Onshore & Offshore

Impact on SAC & SPA features

Potential key spatial conflicts:• Fisheries, MOD (inc radar), Shipping,

aviation

Seabed features and soils• Water depths, wrecks, UXO,

sandwaves, & Soils

Ports/Harbours

Oil & Gas

Zone 1 potential development areas

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Capacity: 1,300MW

Area: 530 km2

Avg. depth: 35-55m

Avg. shore distance: 26 km

Development budget: ~ £40m

Key figures

Zone 1 key constraints

Page 9: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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• Commence consenting activities in 2009 to protect the schedule

• Early engagement of supply chain to secure delivery

• Realistic durations for offshore scope including weather downtime

• Dedicated vessel spreads for each development within the zone

• Grid connection required in 2016

• 150 MW first generation Q2 2016

• 1,3 GW fully operational Q3 2020

Delivery Plan…Programme Summary

Key milestones

• Sign ZDA

• Apply for consent

• Gain consent

• Financial Close

• Grid connection required

Technical

• FEED & Concept Selection

• Detailed design

Procurement

• Engage Supply Chain

• Award Major Contracts

Onshore fabrication

Offshore installation

Operations

• First generation

• Zone fully operational

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020Activity

Page 10: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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Key Challenges for UK Round 3

1. Supply Chain• High resource competition, availability of people, vessels

and primary equipment• Constrained current capacity for development of Support

Bases, Ports and Harbours

2. Funding & Finance• Provide long-term and scale commitment with high

uncertainty

3. Grid • Lack of suitable connection to grid

4. Environment• Establishing cumulative & in-combination environmental

impact (regional and beyond)

5. Operations & Maintenance• Scale, distance from shore, operation & maintenance

Challenges

Early Engagement and Leverage on EDPR logistics

and procurement scale

Our Approach

Board Commitment and Focus on Project Viability

Engagement and transparency with

Stakeholders

Early Application and Full Collaboration with 3rd Parties

Leverage on EDPR 15 years and 6000+ WTGs experience

Page 11: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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How to contact us?

1. MORL office is located in Edinburgh• An additional office in the Inverness area is planned• A dedicated web portal is under preparation

2. Supplier candidates

• Provide your contact details to [email protected]

3. Press and communication Please contact [email protected]

Current points of contact

Page 12: Dan Finch Moray Offshore Renewables Ltd. DELIVERING ROUND 3 Inverness 2nd February 2010 MORAY FIRTH OFFSHORE RENEWABLES Ltd.

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