SPONSORS OF EAST OF SCOTLAND
INDEPENDENT INSURANCE BROKERS BRUCE STEVENSON
Bruce Stevenson is an independent Insurance Broker with offices in Edinburgh, Glasgow and London, who specialise in Renewable Energy Insurance for small to medium privately owned firms and large corporate organisations.
EXPERIENCE IN RENEWABLES With over 20 years experience within the renewable energy sector, they have built a reputation with clients, consultants,
contractors and financiers as the leading insurance advisor to the sector.
CLOCHNAHILL ENERGY
A key geographical area for the firm is the north east of Scotland where they have the largest concentration of renewable energy clients. One of their clients is Clochnahill Energy near Stonehaven.
The wind farm is owned by the Gordon family of Inverbervie. The project consists of 4 Siemens 1300Kw wind turbines and the 5.2MW site generates enough electricity for approximately 5000 homes.
Construction work at the site started in March 2011 and was completed 12 months later. The project was funded through the Co-operative Bank and Bruce Stevenson arranged the insurances for the project during the construction phase and once the project became operational.
A TYPICAL EXAMPLE Clochanahill is a typical example of renewable energy project for Bruce Stevenson.
Conversations with the client began some considerable time before works even began on site. This helps building
PREVENTION AN OPPORTUNITY WAITING TO BE GRABBED!!
CORROSION
Well that’s how Ray Sams from Spencer Coatings sees it. With a history of over one hundred years manufacturing high performance surface coatings from their Aberdeen base, and a coating system with over twenty five years proven maintenance free performance, in a wide variety of aggressive environments including offshore north sea.
STANDARD INDUSTRIAL PAINTS Standard industrial and marine paints have a limited life span and very few can show a proven twenty five years plus maintenance free track record.
The very nature of wind energy generating structures demands long maintenance free life especially offshore structures where on station repair and maintenance is enormously expensive and in some cases logistically difficult if not impossible.
the relationship with the client and understanding the project fully, to ensure all risks are identified and protected.
INSURANCE COVER
The insurance covers available for both the construction phase and operational phases were discussed, along with the likely insurance requirements the bank would stipulate and premiums indications for financial model purposes. Contractual obligations with turbine suppliers often have an impact on insurance requirements and this project was no different, which required contracts to be reviewed and the insurance for the project tailored accordingly. Once the insurances are placed, they continue to keep in regular contact with the client and site visits during construction and operation are common place.
PROVIDING A WORTHWHILE SERVICE Despite renewable energy projects in the north east of Scotland covering a widespread geographical area, most developers know of each other and often the same contractors and project consultants are utilised. Therefore, it is important that they provide an excellent level of service to ensure they are the insurance brokers that developers want to speak to about their projects.
Bruce Stevenson Insurance Brokers
www.brucestevenson.co.uk
ADDRESSING THE PROBLEMS A change in approach is required to address these problems and conventional paint formulations need a severe up-grade to accommodate the in-service conditions faced by the wind energy generating companies.
With over twenty five years
maintenance free performances, there is evidence and proof the aggressive operating conditions and accelerated corrosion issues can be successfully addressed, and there is technical data available to assist operators and owners with their long term planning to keep corrosion under control.
SPENCER COATINGS IN SCOTLAND Spencer Coatings Ltd have had a long and successful working relationship with the supply chain network in Scotland including major off shore north sea operators and maintenance management companies, the Northern Lighthouse Board, as an exclusive supplier, Scottish Gas, Scottish Power, Highways Agency and Network Rail.
NEW CHALLENGES
The emerging and developing offshore wind market opens up new challenges to all, and they look forward to being involved with resolutions to at least some of these challenges in the fight against corrosion in one of the most hostile environments in the world.
Ray Sams Spencer Coatings
www.spencercoatings.co.uk Click to view more info
www.windenergynetwork.co.uk
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