EDPR
EDPR
EDPR
1
WindFloat Atlantic: a step change in turning floating wind commercial
Technical
Performance
2
WindFloat Description of the Technology
WindFloat was developed by Principle Power, a company controlled by EDP, Repsol and other partners
Others
Partner
WindFloat Description of the Technology
WindFloat is a simple but highly performing system to achieve superior stability
4
WindFloat Technical Performance
Survivability and performance is demonstrated in normal and extreme conditions.
2000
1800
1600
1400
1200
Power [kW]
1000
800
600
400
200
6 6
WindFloat Atlantic Project
WindFloat Atlantic is planned to be operational in 2018 NON-EXHAUSTIVE
2015 2016 2017 2018
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
Partnership negotiation
Permitting:
Maritime licensing
Environmental (if needed)
Production license
Power licensing
LBI signature LBI
Wind campaign (lidar)
Turbine TSA/MSA TSA signed
Foundation design (FEED)
Detailed engineering design Fabrication contract closed
Fabrication tender
Offshore installation contract closed
Offshore installation tender
Project financing preparation
Banks due dilligence
FID by project partners FID
Steel order
Interconnection studies and
EPC tender process
Interconnection design
Interconnection execution
Foundation fabrication
Dry dock assembly
Offshore installation&
Commissioning
Energy Production - start 7
Pre-commercial Floating Offshore Wind Projects Show Progression in LCOE
LCOE
(EUR/MWh)
600 WF1
(2 MW)
500
>400
400
Current design
LCOE @ EUR 110- Pre-Commercial Demos
300 120 / MWh for (20-50 MW)
Large WF
180-220 Commercial Projects
200
(>100 MW)
UK Cost Reduction Goal: 135/MWh
100 (GBP 100) <100
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 >2020
8
WindFloat Competitive LCOE
Scale and technical/technology innovations are already delivering important savings
Capacity: x4
Production: X4,5
WF1 WFA
9
WindFloat Competitive LCOE
There is still significant innovation under way that will drive cost down to the 100/MWh target soon
7. Improve reliability
Operations
1,2%
WindPlus, S.A.
11
WindFloat Bankability
WFA is progressing well to achieve the first project financing of a floating structure
Commercial Commercial
Bank 1 Bank 2
Quays already
2 Towing is conduted identified with
by local regular tugs sufficient draft for
(already identified O&M work quayside
and open for lease on
short-term call)
Transport time is 1-2
days
3 Large component
replacements are conducted
~100km quayside in the port using
standard onshore cranes.
Port of Vigo has confirmed
its availability for these
activities.
Windplus already has quotes
1 Mooring and
interarray cables are for suitable onshore cranes
designed for a simple
release and hook-up