potential hazards and risks in the offshore wind park development process in poland stefan simon,...
TRANSCRIPT
Potential hazards and risks in the offshore wind park development process in Poland
Stefan Simon, CEO Green Energy World
www.green-energy-world.ch
Content
1. Who is Green Energy World
2. Wind Power Market in Poland
3. Surrounding Conditions for Offshore Development
4. Risks & Hazards in Offshore Wind Park Investments
5. Conclusion
www.green-energy-world.ch
Who is www.Green-Energy-World.ch ?
Suisse Company with Offices in Basel and Berlin
Trading Platform for Renewable Energy Projects
Link between Project Developers and Investors
www.green-energy-world.ch
Providing Services
International Network, High Quality Energy Projects (RE)
Common services are:
- Marketing of projects- Share sales- Tenders- Subsidies acquisition- Emission reduction certificates - Consultancy, Market Analysis- Due Diligence- Draft of sales contracts- Additional services through partner companies
GEW management has over 20 years of international experience in project development, marketing and analysis.
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280 MW
Installed Wind Energy CapacityPoland 2007
Sources: Polish Wind Energy Association (2007); * based on EC BREC (2004)
under construction
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EU Target for Renewable Energy: 20% by 2020March 2007
(EU Summit, Nuremberg 2007)
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Peak of World Oil Production
Source: Oil & Gas Journal (2004)
scenario 1: 2007 scenario 2: 2010
World oil production scenario 1
World oil production scenario 2[oil
prod
uctio
n bi
llion
bar
rel/y
ear]
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During 2006 / 07, more than 4.5 billion Euro have been spend on wind park acquisition in Europe
2006 2007
Scan Energy34 Mio €,Germany
Northland Power16 Mio €,Germany
International Power567 Mio €,Germany
EDF63.1 Mio €,
Italy
Babcock & Brown110.3 Mio €,
Spain
Prudential M&G1,050 Mio €,
UK
Electrabel55 Mio €,Portugal
Babcock & Brown18.3 Mio €,
Spain
Centrica62 Mio €,Scotland
International Power1,839 Mio €,
Italy/Germany
E.on722 Mio €,
Spain/Portugal
Iberdrola30 Mio €,Germany
Source: Mergermarket et communiqués de presse (2007)
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Target for Poland: 2,000 MW capacity by 2010
Sources: Polish Wind Energy Association (2007); * Wind Energy Barometer (2007)
2.000 MW
280 MW
72 MW*152 MW*
2005 2006 2007 2010
2.3% of wind generation in domestic energy consumption(7,5% target)
for 2006-2010 approx. 1,800 MW new installations needed
ca. 450 MW/a
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20% Renewable Energy in Poland ?
Only possible with Offshore Wind Farms
~ 6 GW needed
Larger Steps towards the 20% Goal
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Potential Risks and Hazards
... “the possibility of an event occuring that will havean impact on the achievement of objectives.“
What is risk?
... “the situation, which poses a level of threatto life, property or environment.“
What is a hazard?
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Planning
Operation
Construction
Risks and Hazards in Offshore Wind Farms
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Risks and Hazards in the Planning PhaseBasic Site Criteria
Location (EEZ, 12-Mile-Zone, etc.)Environmental (Flora, Fauna, Fish, Marine Mammals, Marine
Birds, etc.Wind Speeds (average, extremes, etc.)Water DepthWave ImpactsFisheryShipping RoutesAir Traffic (Restrictions, etc.)Power Cable (new or existing, Type, Capacity, etc.)Grid Connections (Distance, Capacity etc.)Power Transfer (offshore / on-shore)
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Risks and Hazards in the Planning PhaseRegulatory, Legal and Political Situation
Feed-in Tariff / Certificate StructureReliability of Agreements / Permit SecuritiesRegulatory Permitting Process
Transparency of the ProcessResponsibilitiesPredictability (Go/No-Go Criteria)DelaysCosts Development
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Risks and Hazards in the Planning PhaseSituation in Poland
No clear Criteria for Site Selection
1 % Down Payment for Construction Permit Application
No Transparency in the permitting process
Lack of Long-term Strategy for Renewable Energy
No attractive Feed-In Tariffs
Missing Infrastructure for Offshore Power
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Recommendations
Clear Planning Criteria
Target: First Offshore Wind Farm in 2010
Providing an adequate Grid Infrastructure
Attractive Feed-In Tariffs
Collaborative Engagement with other maritime sectors
Polish Offshore Wind Industry Advisory Group