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I tend to be myself more focused on the CCS/EOR side.
That was what I first came in for - though, significantly through some of the excellent postings on here, it did start to become clear to even a dullard like me that Morocco was potentially awesome.
And Ireland pretty awesome too, once their politicians start behaving less like incontinent toddlers and rather more like adults.
GRH, MEM, Wacky, Seabright and others have been little short of brilliant in keeping tabs on the Morocco stuff.
But, just a compliment to Nicodemus (I think he had to change his handle because of IT issues), for having really kept a sharp watch on the Ireland situation and having kept readers here up to speed on what might actually be a seriously brilliant situation in itself.
GRH, there’s no way you dont already know the answer to your question :)…
But I will highlight the difference between the two schedules in case it is any use to anyone. NFE construction is well publicised at 3 years as mentioned by LIH. Bear in mind that includes a 600MW power plant and 120MW battery storage - I would say schedule overruns almost a certainty.
When you evaluate the ‘doing’ part of PRD’s publicised timeline, then they can have an FSRU delivering gas in about 15 months from pressing the button - the remainder of the schedule is consents and planning. If Irish govt were serious about their need I am sure this could be compressed into a matter of months. Also worth noting that the critical path piece of equipment in the PRD proposal is the offshore mooring EPC, which will be a disconnectable turret design from memory.
I’ve also been toying in my head with some sort of CNG scheme in Ireland as a fast track first phase, servicing only industrial customers. I don’t have any feel for how the delivery capacity constraints of that model work with the commercial side of having the FSRU in place (eg could they deliver enough gas by truck to service the cost of the FSRU…)
NFE’s proposal has some serious content in it;
1) Building brand new power gen and storage capacity. 2) clear transition to hydrogen planned. 3) They are also playing the card of a data centre campus near the onshore terminal to utilise the massive cooling potential of the LNG regasification. This is a masterstroke in my book.
So - we have Predator with a quicker, more agile proposal that has zero new plant impact onshore and is out of sight offshore, vs NFE’s heavy hitting massive capex energy transition and industrial development play.
Both have merits and it’s a fascinating story unfolding. I don’t buy the David vs Goliath that Nicidemus promotes, but what I hope will prevail is that PRD is seen as a 5-10 year low impact stopgap whilst renewables back fill up to the required capacity.
GRH it seems both are positing a 3 year process with additional add on’s following fortresses efforts. The offshore could offer a smaller target for protest and political embarrassment. Out of sight and all that. I take it that it’s a given that it must be one or the other ?
Paul Griffiths, CEO of Predator Oil & Gas Holdings Plc commented:
"The Mag Mell project has been designed to meet Ireland's immediate requirement for security and market flexibility of energy supply during a period of high demand, particularly fuelled by new investment in data centres. The design concepts have focussed on minimising the environmental footprint relative to other energy infrastructure projects and reducing C02 emissions. LNG will be sourced from a transparent origin where reliance on fracked gas feedstock will not be permitted. Mag Mell represents a unique near-term solution to contribute to Ireland's security of energy supply and can be commissioned and operational before other alternative solutions that have been put forward ."
At risk of being boring here...I can't work out whether Ryan's cool as a cucumber, a recklessly insane gambler or just an ostrich completely out of his depth and unable to face reality...
He cancelled the contract for six emergency power generators outside Dublin because he is that confident the two power plants will be up and running in time for winter (not 'in' winter to cover any potential shortfall.
Just to remind everyone, Ireland is four power plants down, not two. The two peat burning power stations that were shutdown have not been replaced. An application was made for them to be converted to burn wood but that was refused on eco grounds...
Ryan's response below to the article about Intel's concerns in the Business Post. He says no blackouts because the two power plants down will be back in operation 'in' winter.
Now that is interesting because they were originally scheduled to be working in Sept/October. More recently it emerged that the parts are due to be delivered Sept/Oct and they would be working 'by' winter.
'In' winter, that gives them until 20th March 2022...as the Cork plant has been down a year and still awaiting parts, maybe he means winter 2023.
On one side, the more pragmatic panicking politicans desperate for energy security to continue to attract investment and jobs.
On the other though, intransigence and politicking from Ryan and Greens, panicking that if the go soft they will lose votes to Sinn Fein and Labour. Eco opposition is hardening, from fracked LNG to LNG and data centres are now being portrayed as a bad thing in some circles rather than well paid work keeping the Irish economy booming.
I honestly think we are in with a better shout than NFE. Many of the Irish greenies are also anti capitalist, anti multi national big business particularly- NFE will tick all their boxes of dislike.
Few on here will need any reminding of the criticality of the Irish energy situation, but interesting live decision ongoing as reported by the business post. I’ve shared before that I think the pressure from US based major players in tech/data arena probably gives New Fortresses’ proposals some edge. Increasingly there looks to room for both NFE and PRD, with PRD’s big sell being the timeframe in which they can begin to deliver gas.“Ireland is on shortlist of three alongside Germany and Poland, but the tech giant is understood to have concerns about this country’s worsening energy crisis.Ireland’s chances of securing a new multibillion-euro Intel microchip plant are in doubt due to the severe strains on the country’s energy infrastructure and water services, the Business Post understands.Pat Gelsinger, the global chief executive of Intel, confirmed last week that Ireland was one of ten countries on the shortlist of possible locations for the plant and the 10,000 jobs it could bring with it.”