The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Other providers of Battery Storage sites state their sites in MW (i.e Gore Street and Gresham House), 230MW would be one of the largest in the UK and sitting next to a ready made grid connection. I think that is quite interesting!
220MW is big in terms of battery storage sites , I'm sure the likes of Gresham House (GRID) and Gore Street Energy (GSF) would be very interested. Grid connection ready as well. Relatively quick to build with low environmental impact
https://publicaccess.newport.gov.uk/online-applications/applicationDetails.do?keyVal=R8U4J9LC0H400&activeTab=summary
Maybe a change of tack..
It's good you know people on the ground Dean, but I'm just saying there is quite a disparity between your comment "Two are currently held at NIGG waiting on being loaded and being installed" to the official company RNS today saying "SAE is continuing work on the re-deployment of the other turbines, which are out the water for maintenance and repair, and expect them to be back in the water within the next 12 months."
I read in the method statement there is only a ten day tidal window in each month to install on site. With a full moon at the moment and spring tides , I imagine we have to wait for neap tides as well
At £40-£50k a day that’s an expensive hire to be sitting in dock , one possibility is as it’s spring tides at the moment it would be hard to do any deployment on site for a few days. Just hope they got a good deal on the vessel charter.
As far as I can work out from RNS there is only one turbine operational at present, Has this ship delivered one more turbine back to site or more? In terms of Revenue I saw an old video with Ex CEO Tim Cornelius that mentioned each turbine pulled in £100k per month, Presume this figure has probably increased in todays energy climate? He also said that they receive 5 Renewable Obligation Certificate (ROC) for the Meygen site
Depending on how many turbines they are reinstalling , will need a few slack tide cycles to complete
2.3.2 Andritz Hammerfest TTG installation
The key elements of installation for the Atlantis TTG are summarised below:
• TTG with TSC tail and equipment are assembled at Scrabster Harbour.
• A DP Vessel is prepared with the necessary grillages and sea-fastening.
• TTG and equipment is loaded onto the DP vessel.
• The DP vessel transits to site from port.
• The DP vessel waits for slack tide before moving onto DP station at the TSS location.
• The TTG and TSC tail are lowered simultaneously using a tandem lift operation. The
TTG is installed on the TSS.
• The end of TSC is retrieved from the seabed via an ROV,
• Both TSC and TSC tail will be clamped on deck and a dry-mate jointing operation
commences.
• The connected TSC will then be laid back on the seabed
• Vessel is demobilised.
• The operation will be repeated for 3 x Andritz Hammerfest TTG.
I would think the turbines are fully ready as they made the failed attempt to redeploy in November , I think the difficulty is they can’t get a suitable vessel. Or maybe they can’t afford hire of suitable vessel ?!