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Atlantis Resources: Confidential and not for distribution
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Funding innovative low-carbon energy demonstration projects: the NER 300 program MeyGen Cameron Smith Director – Project Development
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The MeyGen Project Developing a project phase by phase
Atlantis Resources: Offshore Energy 2016, Marine Energy Event, 26 October 2016
“In 2016, Atlantis will complete work on the first 6MW phase of the MeyGen project in Scotland. We will then immediately commence work to expand installed capacity to 86MW, with the full project of 398MW to be installed before 2025. Atlantis has 640MW in our Scottish portfolio alone, the realisation of which represents nothing less than the creation of a new manufacturing sector for Europe based on predictable, reliable, renewable energy.”
Tim Cornelius, Group CEO
MeyGen
Atlantis Resources: Confidential and not for distribution 3
Project Turbines MW
MeyGen Phase 1A 4 6
MeyGen Phase 1B 4 6
MeyGen Phase 1C 49 73.5
Atlantis Resources: Confidential and not for distribution
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Phase 1A - Update
The MeyGen Project Phase 1A – Summary
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3 x 1.5MW turbines from Andritz Hydro Hammerfest
1 x 1.5MW turbine from Atlantis
Gravity based foundation structures with ballasted tripod
Individual cables to shore along natural seabed troughs and through directionally drilled bores
Jack-Up and Dynamic positioning vessels used for cable, foundation and turbine installation to ensure safe station holding in high currents
Grid connection at onshore site provided by distribution network operator
Onshore electrical equipment and civil works provided under EPC contract
Atlantis Resources: Offshore Energy 2016, Marine Energy Event, 26 October 2016
Highlights for the year to November 2016
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Last stretch of cable joins up to the MeyGen onshore control centre ready for grid connection
February 2016
Internal fit out of MeyGen onshore control centre commences
March 2016
September 2016
DEME concessions becomes an investor into TPSL, valuing TPSL at £100m
June 2016 August 2016
Atlantis announced development and investment agreement with infrastructure fund Equitix
April 2016 Atlantis announces the first ever wind/tidal power output deal with Wind Harvest
July 2016 November 2016
Phase 1B tender packages issued and work fully underway on Phase 1B FEED
October 2016 Atlantis enters into agreement with ScottishPower Renewables to acquire 110MW of projects (including €21m in awarded grant funding) in exchange for 6% shareholding in TPSL
December 2015
The First Minister of Scotland and the Energy Minister officially unveiled Phase 1A of the MeyGen Project at NEP
33kV distribution network connection to the MeyGen project energised – one of the longest underground 33kV power export cables in the UK
All Phase 1A foundations successfully installed and first connected and in commissioning
Update | MeyGen 1A Progressing to first power in 2016
Atlantis Resources: Confidential and not for distribution 7
11.5km of submarine cable installation completed in September 2015
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Atlantis Resources: Confidential and not for distribution 9
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MeyGen Phase 1A More updates to come shortly…….
Nigg Energy Park Atlantis facility serving multiple turbine suppliers and multiple projects
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Atlantis Resources: Confidential and not for distribution
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Phase 1B
MeyGen Tidal Energy Project Phase 1B – Project Stroma
December 16
Confidential and not for distribution
Phase 1B System Overview
• 4 x ARL 1.5MW tidal turbines generating at 4.1kV (TBC)
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• Subsea cables
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• 4.1kV frequency converters (turbine control)
• DC link • 4.1kV frequency
converters (grid connection control)
• 4.1kV to 33kV transformers
• 33kV switchgear • 33kW grid connection
Phase 1B
• NER grant funding secure
• Innovative , 6MW, second phase of MeyGen project.
• Key target to prove technology required to drive down cost for large scale arrays
• Using drilled foundations
• Innovative approach to all aspects – engineering, turbines, installation, cabling, project structure, O&M
Atlantis Resources: Confidential and not for distribution 21
Phase 1B Program
• All necessary consents and licenses in place
• Grid capacity secured
• Phase 1A onshore works commissioned – partitioning for phase 1B
• Proven use of Jack-Up Barges to allow Drilling
• Tenders issued to 30+ contractors
• Final contractor selection in place
• Move to construction in 2017, Completion 2018.
• NER Funding: – Important - Key to unlicking other funding streams. – Limited flexibility – can prove a challenge. – Build on lessons learned to help roll out of the industry
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Atlantis Resources: Confidential and not for distribution
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