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Onshore wind Bronwyn Sutton Senior Renewable Energy Consultant 2 July 2012
40

Attracting and Maintaining Institutional Investment: Onshore Wind

Jul 07, 2015

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Page 1: Attracting and Maintaining Institutional Investment: Onshore Wind

Onshore wind Bronwyn Sutton

Senior Renewable Energy

Consultant 2 July 2012

Page 2: Attracting and Maintaining Institutional Investment: Onshore Wind

SgurrEnergy today

• Leading engineering consultancy

• Formed in 2002

• Joined Wood Group in 2010

• Global network of offices

• 100+ experienced personnel

• People and technology focused

• Company wide triple BSI accreditation & UKAS

ISO/IEC accreditation for wind farm power curve

analysis

Page 3: Attracting and Maintaining Institutional Investment: Onshore Wind

SgurrEnergy personnel hold unparalleled knowledge to ensure successful

renewable energy project delivery

Bio-energy Hydro Wave & Tidal Solar Offshore Wind Wind

Products

What do we do?

Page 4: Attracting and Maintaining Institutional Investment: Onshore Wind

Our network of local offices

Page 5: Attracting and Maintaining Institutional Investment: Onshore Wind

Global track record

Europe • Belgium

• Bulgaria

• Estonia

• France

• Germany

• Greece

• Ireland

• Italy

• Malta

• Netherlands

• Norway

• Poland

• Portugal

• Russia

• Romania

• Slovakia

• Spain

• Sweden

• UK

• Ukraine

Africa • Angola

• Kenya

• South Africa

Oceania

• Australia

• New Zealand

We have consulted on over 65,000 MW of renewable energy in over 40

countries covering both project development and due diligence

Asia

• China

• India

• Israel

• Korea

• Mongolia

• Pakistan

• Philippines

• Sri Lanka

• Turkey

• United Arab Emirates

• Vietnam

North America • Canada

• Mexico

• USA

South America

• Brazil

• Chile

• Galapagos Islands (Ecuador)

Page 6: Attracting and Maintaining Institutional Investment: Onshore Wind

2010

How bad was it really?

Page 7: Attracting and Maintaining Institutional Investment: Onshore Wind

2010

Page 8: Attracting and Maintaining Institutional Investment: Onshore Wind

• Variation in wind speed across

the UK in 2010

• Showing % deviation from the

long term (20 year) average

• West worse affected than the

East.

• 1% deviation in wind ≈ 2%

deviation in power.

2010

Page 9: Attracting and Maintaining Institutional Investment: Onshore Wind

Interannual Variation

• Variation expected

year to year

• Short term

measurements need

to be corrected to

long term forecasts

80%

85%

90%

95%

100%

105%

110%

115%

120%

125%

1990 1995 2000 2005 2010

Year

An

nu

al

Win

d S

pe

ed

No

rma

lise

d t

o 1

5 y

ea

r L

on

g-t

erm

Win

d S

pe

ed

UK 15 year average Scotland England Wales

Page 10: Attracting and Maintaining Institutional Investment: Onshore Wind

Interannual variation

• Reference data sources – representative and

consistent

• Correction methods

• Minimising uncertainty

Page 11: Attracting and Maintaining Institutional Investment: Onshore Wind

SgurrEnergy Performance

• Recent (2011) comparison of 37 organisations – all

doing the same energy yield prediction on the same

data

• SgurrEnergy is number 27 here

P90 values

Page 12: Attracting and Maintaining Institutional Investment: Onshore Wind

New Entrants

Page 13: Attracting and Maintaining Institutional Investment: Onshore Wind

New Entrants

0

1

2

3

4

5

6

7

8

WT

G p

rod

uct

ra

ng

e (

MW

)

WTG Manufacturer

Page 14: Attracting and Maintaining Institutional Investment: Onshore Wind

Bankability - organisation

• Track record

• Reputation

• Who will go the distance?

Page 15: Attracting and Maintaining Institutional Investment: Onshore Wind

Bankability – wind turbines

• Track record

• Certification

• Product evolution

• Quality assurance

• Contractual backup

Photograph courtesy of www.siemens.com

Page 16: Attracting and Maintaining Institutional Investment: Onshore Wind
Page 17: Attracting and Maintaining Institutional Investment: Onshore Wind

Enercon E126, Estinnes, Belgium

Page 18: Attracting and Maintaining Institutional Investment: Onshore Wind

Enercon E126, Estinnes, Belgium

Page 19: Attracting and Maintaining Institutional Investment: Onshore Wind

Enercon E126, Estinnes, Belgium

• 11 x 7.5MW

• 126m rotor

• 135m hub

• 198m tip

• 2009

Page 20: Attracting and Maintaining Institutional Investment: Onshore Wind

Enercon E126, Estinnes, Belgium

• 11 x 7.5MW

• 126m rotor

• 135m hub

• 198m tip

• 2009

Page 21: Attracting and Maintaining Institutional Investment: Onshore Wind

Enercon E126, Estinnes, Belgium

Just 2 hours drive from Calais!

Page 22: Attracting and Maintaining Institutional Investment: Onshore Wind

Any questions?

Email: [email protected]

Tel: 0141 227 1700

225 Bath Street, Glasgow,G2 4GZ

sgurrenergy.com

Page 23: Attracting and Maintaining Institutional Investment: Onshore Wind

Development Process Risk and Pitfalls – how to avoid them

Richard Mardon

Page 24: Attracting and Maintaining Institutional Investment: Onshore Wind

Who Are We?

• Founded in 2010

• Backed by ESB Novusmodus, PE fund of

ESB (Ireland)

• Development partnership with Savills

• Four consents already ~ 16 MW (8 WTGs)

• Personally, 25yrs experience in power/

infrastructure, 12yrs in wind. Past MD of

Your Energy ~ 200MW consented/built

Page 25: Attracting and Maintaining Institutional Investment: Onshore Wind

State of Play of UK Onshore Wind

• 4,900 MW operational (325 projects)

• 1,500 MW in construction (52)

• 4,300 MW consented / not built (262)

• 7,400 MW in planning (328)

• 2020 targets ~ 10-13GW (DECC Roadmap)

ØOps + Constr. = 6.4 GW

ØOps + Constr. + 50% Cons. = 8.6 GW

ØOps + Constr. + 50% Cons. + 25% Plan. = 10.4 GW

Page 26: Attracting and Maintaining Institutional Investment: Onshore Wind

UK onshore wind farm development

Some Common Mantras…

• There are some things you can control and a lot

of things you cannot

• There is no such thing as a perfect project

• Time / speed is of the essence

• Without local support (Parish / Ward Cllr.) you

have an uphill struggle

• Wind speed is critical! (7m/s+)

Page 27: Attracting and Maintaining Institutional Investment: Onshore Wind

A to Z of wind farm development

Aviation Jockeys (Horses) Residences

Bats Keen Landowner Safety

Cultural Heritage Landscape Telecoms

Designations MOD Underground

Ecology Noise Viability

Fauna Ornithology Wind

Grid Politics X-Roads

Hydrology Quangos Yuppies

Infrasound Zoology!

Page 28: Attracting and Maintaining Institutional Investment: Onshore Wind

Major No-Go Areas – Parks / Airports

6

Page 29: Attracting and Maintaining Institutional Investment: Onshore Wind

A to Z of wind farm development

Aviation Jockeys (Horses) Residences

Bats Keen Landowner Safety

Cultural Heritage Landscape Telecoms

Designations MOD Underground

Ecology Noise Viability

Fauna Ornithology Wind

Grid Politics X-Roads

Hydrology Quangos Yuppies

Infrasound Zoology!

Page 30: Attracting and Maintaining Institutional Investment: Onshore Wind

Geographical Information Systems

GIS Mapping

• Wind Speed

• Land Designations

• Proximity Buffers

Page 31: Attracting and Maintaining Institutional Investment: Onshore Wind

A to Z of wind farm development

Aviation Jockeys (Horses) Residences

Bats Keen Landowner Safety

Cultural Heritage Landscape Telecoms

Designations MOD Underground

Ecology Noise Viability

Fauna Ornithology Wind

Grid Politics X-Roads

Hydrology Quangos Yuppies

Infrasound Zoology

Page 32: Attracting and Maintaining Institutional Investment: Onshore Wind

Nearly there – willing landowner?

10

Page 33: Attracting and Maintaining Institutional Investment: Onshore Wind

A to Z of wind farm development

Aviation Jockeys (Horses) Residences

Bats Keen Landowner Safety

Cultural Heritage Landscape Telecoms

Designations MOD Underground

Ecology Noise Viability

Fauna Ornithology Wind

Grid Politics X-Roads

Hydrology Quangos Yuppies

Infrasound Zoology

Page 34: Attracting and Maintaining Institutional Investment: Onshore Wind

Detailed Micro-siting / Design

12

Page 35: Attracting and Maintaining Institutional Investment: Onshore Wind

13

Preliminary Layout

Page 36: Attracting and Maintaining Institutional Investment: Onshore Wind

A to Z of wind farm development

Aviation Jockeys (Horses) Residences

Bats Keen Landowner Safety

Cultural Heritage Landscape Telecoms

Designations MOD Underground

Ecology Noise Viability

Fauna Ornithology Wind

Grid Politics X-Roads

Hydrology Quangos Yuppies

Infrasound Zoology

Page 37: Attracting and Maintaining Institutional Investment: Onshore Wind

15

Then 12 months of studies….

Page 38: Attracting and Maintaining Institutional Investment: Onshore Wind

Before you face the chamber…

16

….25% success rate

Page 39: Attracting and Maintaining Institutional Investment: Onshore Wind

You tick all the boxes – what next?

17

• With a recommendation for approval

then planning appeal >75% success

• Local consultation vital – Parish / Ward

• Projects < 5MW ~ 80% success rate

• Local “benefits” – jobs, community

benefit (£5k/MW) and direct power sales

• Brownfield / developed land sites

Page 40: Attracting and Maintaining Institutional Investment: Onshore Wind

Thanks – any questions?

[email protected]