Moray Estate Asset Management Plan - PowerPoint by tkh14006

VIEWS: 19 PAGES: 12

More Info
									Dan Finch
Moray Offshore Renewables Ltd
MORAY FIRTH OFFSHORE RENEWABLES Ltd.




   DELIVERING ROUND 3
   Inverness 2nd February 2010
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?




                                    3        Moray Offshore Renewables Ltd
Presenting the Partnership…

The Partnership                                                             The strengths


 EDP Renewables:
   •   #4 in renewables worldwide with a total installed capacity ~6 GW       Strong and
   •   €2.0 bn per annum development budget                                 1 Clear
   • Presence in 9 countries on 3 continents                                  Commitment
   •   €1.6 bn IPO, largest in Europe in 2008


 SeaEnergy Renewables:                                                        Unique
   • Scottish based world class team with decades of offshore Oil&Gas       2 Deepwater
       experience– development, construction, installation, O&M               Capabilities
   • Conceived, developed and delivered the Beatrice Demonstrator Project
   • Two sites awarded in Scottish Territorial Waters Round (1,825 MW)
                                                                              Proven track record
                                                                            3 for Delivery and
The Crown Estate:
                                                                              Operating at Scale
  • Decades of experience as Stewards of the UK Seas and Coastline
  • Top quality professionals from the offshore and energy sector




                                                            4               Moray Offshore Renewables Ltd
EDPR: a pure wind player with a sound asset base…


              USA
                                                                             Poland
                                                                 Belgium
             2,530
                                                                               -
              427                                  France
                                                                      57
                                                                              120
             18,062                                                                         Romania
                                                                      13
                                                    211                      1,466
                                                                      62
                                                    36                                         -

                                       Portugal    1,221                                      159

                                                                                              682
                                         596         Spain

                              Brazil     128
                                                     2,109
                                         574
                                                      477
                                14
                                                     4,999
                                -

                              1,509


                                                     Gross MW
                                                            Installed         Under          Pipeline +
                                                            Capacity       Construction      Prospects
      MW Installed Capacity
                                                              5,577           1,293            28,587
      MW Under Construction
      MW Pipeline + Prospects



                                               5                               Moray Offshore Renewables Ltd
SeaEnergy Renewables: the partner of choice in
offshore power generation

 Business goals

 •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



                                                 6   Moray Offshore Renewables Ltd
…Committed to Deliver…
                                               The Crown Estate
                                        • Commitment to deliver UK R3
                                        • Experience in Stakeholder management


      EDP Renewables                                                               SeaEnergy Renewables
• 700+ professional fully dedicated                                              • Dedicated to offshore
  to wind                                                                          renewables
• Financial commitment of €2                                                     • Engineering and Offshore
  bn/year for wind farm construction                                               project management skills
• #1 client of Vestas and in the top-                                            • Fabrication, installation and O&M
  3 of Enercon, Gamesa and GE                                                      expertise offshore
• Best-in-class energy yield with a                                              • Experience in licensing and
  30 people strong team with more                                                  permitting in offshore Scotland
  than 10 years of experience                                                    • Proven stakeholder management
• Engineering & Construction                                                       success
  capability
• O&M team of 150 professionals
  and State of the art Control &
  Operation Center
                                                  Supply Chain
                                        • Local and highly specialised professionals
                                          to complement and accelerate program roll-
                                          out
                                        • Sourcing know-how from the oil & gas
                                          sector
                                                        7                              Moray Offshore Renewables Ltd
                                                                                         1

…the Moray Firth (Zone 1)
Zone 1 potential development areas       Zone 1 key constraints

                                           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
 Key figures
                                           Seabed features and soils
     Capacity: 1,300MW                      • Water depths, wrecks, UXO,
     Area: 530 km2                            sandwaves, & Soils
     Avg. depth: 35-55m                    Ports/Harbours
     Avg. shore distance: 26 km
                                           Oil & Gas
     Development budget: ~ £40m




                                     8                         Moray Offshore Renewables Ltd
Delivery Plan…
Programme Summary

            Activity          2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Key milestones                                                                              • Commence consenting
 • Sign ZDA                                                                                   activities in 2009 to protect
                                                                                              the schedule
 • Apply for consent

 • Gain consent                                                                             • Early engagement of supply
                                                                                              chain to secure delivery
 • Financial Close

 • Grid connection required                                                                 • Realistic durations for
Technical
                                                                                              offshore scope including
                                                                                              weather downtime
 • FEED & Concept Selection

 • Detailed design
                                                                                            • Dedicated vessel spreads
                                                                                              for each development within
Procurement                                                                                   the zone
 • Engage Supply Chain
                                                                                            • Grid connection required in
 • Award Major Contracts
                                                                                              2016
Onshore fabrication
                                                                                            • 150 MW first generation Q2
Offshore installation
                                                                                              2016
Operations

 • First generation
                                                                                            • 1,3 GW fully operational Q3
                                                                                              2020
 • Zone fully operational




                                                                    9                          Moray Offshore Renewables Ltd
Key Challenges for UK Round 3

 Challenges                                                              Our Approach

  1. Supply Chain
     • High resource competition, availability of people, vessels      Early Engagement and
       and primary equipment                                         Leverage on EDPR logistics
     • Constrained current capacity for development of Support         and procurement scale
       Bases, Ports and Harbours

  2. Funding & Finance
                                                                    Board Commitment and Focus
     • Provide long-term and scale commitment with high
                                                                         on Project Viability
       uncertainty

  3. Grid                                                            Early Application and Full
                                                                    Collaboration with 3rd Parties
     • Lack of suitable connection to grid

  4. Environment                                                    Engagement and transparency
     • Establishing cumulative & in-combination environmental            with Stakeholders
       impact (regional and beyond)

  5. Operations & Maintenance                                       Leverage on EDPR 15 years
     • Scale, distance from shore, operation & maintenance          and 6000+ WTGs experience

                                                    10                     Moray Offshore Renewables Ltd
How to contact us?

 Current points of contact

  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 supplychain@edprenovaveis.com



  3. Press and communication
       Please contact rafael.solis@edprenovaveis.com




                                                    11                Moray Offshore Renewables Ltd
Moray Offshore Renewables Ltd

								
To top