NEWS
Gaelectric & Ideol to build floating offshore wind energy projects in the sea off Ireland
and smooth operation of assets.”
DNV GL advises on £210m investment for three new UK wind farms
I
rish renewable energy firm Gaelectric has signed a new memorandum of understanding (MoU) with French company Ideol to build floating offshore wind energy pro- jects in Ireland. The companies have said they are currently investigat- ing several sites out at sea for the development of several short-term, pre-commercial, and long-term commercial- scale floating offshore windpower projects. Ideol’s Damping Pool technology will be used primarily for project development.
Ideol's chief executive officer, Paul de la GUERIVIERE, toldUKPN: “Our industry-transforming Damping Pool tech- nology is perfectly suited to Ireland’s weather and specific sea conditions. It will also use local materials and labour to meet all cost-competitiveness expectations. “It can be mass-produced using existing local infra-
structure and offers all the advantages one can expect from floating offshore wind solutions such as quayside wind turbine installation and offshore
installation using
cost-efficient and readily available vessels.” He concludes: "Our industry-transforming Damping Pool technology is perfectly suited to Ireland’s weather and specific sea conditions."
Gaelectric and Ideol have set an initial goal to develop a turbine array with more than 30MW, which will be followed by a number of multi-gigawatt commercial-scale exten- sions. Using its Damping Pool technology, Ideol’s floating foundation can withstand open sea conditions and is one of the only floating sub-structures that can be moored in both shallow and deep waters. The floating foundation is suitable for the latest extra-large wind turbines and is less invasive on the seabed.
DNV GL, the world’s largest resource of independent energy experts and certifica- tion body, has advised renowned lenders, including Santander, on their £210m project finance investment for the construction of three new onshore wind farms by Banks Renewables, the first of which is expected to start generating electricity by early 2018. The 151 MW three wind pro- ject portfolio, Kype Muir and Middle Muir in Scotland, and Moor House in England, were among 15 projects that had successfully secured Contract for Difference (CfD) during the first round of the UK govern- ment auction initiative in 2015.
The lenders’ technical due diligence and advisory services provide a fully independent evaluation of a
a project's technical risks, particularly those uniquely relevant to the CfD funding and programme. This highlights the realisation impact of those risks – on the safe and profitable construc- tion and future operation of the assets.
Vice President, for DNV GL’s energy business in NW Europe, Middle East & Africa, commented: “We always endeavour to provide our customers with the greatest market investment insight, particularly for new schemes, such as the UK government’s CfD programme. We constantly strive to ensure that investors have the knowledge they need to make sound financial investments, to mitigate against all risks to secure the safe construction
Prajeev Rasiah, Executive
Construction has begun on the three-project portfolio, with the six-turbine Moor House wind farm expected to become operational in early 2018. Middle Muir, comprising 15 turbines, is scheduled to be operational later in the same year and Kype Muir’s 26 turbines are due to start producing energy in early 2019.
DNV GL advises respected lenders, including Santander, on their £210 million invest- ment in a new 151 MW onshore wind portfolio. The three projects in the
portfolio were among the first to secure debt financing, out of 15 onshore wind projects selected in the round one auc- tions of the UK government’s Contract for Difference (CfD). DNV GL provided indepen- dent evaluation of the portfolio to apprise technical risks and advise on measures for safe and profitable construction, as well as operation of the assets.
Just out ABB’s new PCS120 MV UPS
BB’s PCS120 MV UPS was recently introduced to the market in London, at Data Centre World. The PCS120 MV UPS is a next-generation medium-voltage uninterruptible power supply (UPS) for multi-megawatt power protection that is based on the flexible ZISC (Impedance Isolated Static Converter) architecture. By adopting power protection at medium voltage, facility operators benefit from greater energy efficiency as lower currents at medium voltage mean smaller cables and lower losses. The transition from low voltage to medium voltage is a natural progression of power protection for large sized critical power facilities. “With the world’s ever-increasing demand for high-quality power, driven by increases in industrial automation and large data centers, we are launching a solution well aligned to our customers’ needs,” Perry Field, ABB’s Global Product Line Manager for Power Conditioning tells UKPN. “We look forward to taking this technology developed in New Zealand to the rest of the world.”
A
ZISC, a revolutionary power conditioning and uninterruptible power supply architecture which supplies continuous clean power, and provides protection from a broad spectrum of utility voltage events. It is based on an isolating line reactor coupled with high-performance ABB power converters and advanced control. It provides unmatched reliability, high performance and class-leading efficiency.
POSITIVE PRECAUTIONS Cressall FOR STANDBY GENERATORS
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MARCH ‐ APRIL 2017 UK POWER NEWS
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