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Some good news on Newport Planning Website today, It looks as if the proposals for the second BESS storage site at Uskmouth will not require an Environmental Impact Assesment, Should speed up planning permission considerably.
Hopefully, It was there yesterday too. Still keeping an eye out for a heavy lift ship at Nigg. On LinkedIn one of their Project managers said they were about to install a DAS unit on the site, This is a protection system for the subsea cable that detects any movement / vibrations etc. Not sure if this involves any divers though!
https://renewablesandchp.ofgem.gov.uk/Public/ReportViewer.aspx?ReportPath=%2fDatawarehouseReports%2fCertificatesExternalPublicDataWarehouse&ReportVisibility=1&ReportCategory=2
If you search under Tidal flow and tidal power you can see all tidal generation . The site is Ness of Quoys
Site produced 5460 ROC or 1092 MWh in November, This should equate to roughly 8.75GWH for the year 2022 providing December had no outages. Interestingly the ROC certificate holder name has changed from Smartest Energy Ltd in previous months to Meygen Limited for the November one
So what revenues could we expect here?
If we were doing it Pro Rota with BESS 1 agreement which is £40M over the next 30 years and £11M in first 18 months for 230MW BESS. Then perhaps we are looking at £20M over next 30 years and £5M in first 18 months?
Depends if they are going to bulldozer the whole place down. They have gone for the edges of the site at the moment . I would say 3 or 4 more would be possible if it was a flat site, or perhaps some Solar Energy but I think that would be less return and it’s not a huge site so probably not viable.
The current type of underwater turbines they are using require pretty deep water, Not something achievable around Usk and the Severn Estuary. But perhaps they are not tied to that design with the sell off of the turbine division?
https://www.power-technology.com/news/newssmartestenergy-signs-agreement-to-purchase-power-from-meygen-4375759/
Looks like they are still under this contract till 2024
Latest figures released show 5286 ROC and 1057 MwH for the site in October. Higher output as a result of the third turbine coming online, Best generating month since Sep 2020. The buyer is actually listed as Smartest Energy Ltd
My usual boring monthly update. In September the site produced 787 MWH or 3937 ROC. This is the best output with 2 turbines going full throttle. Hopefully the October figures will show the 3rd turbine going back online. Hopefully near 1200MWH