HAUGØYA TEST TURBINE, SMØLA

Science Meets Industry, Bergen September 9th 2014

Ole Johan Lindaas

VP Project Development and Construction, Offshore Wind

1

AgendaGeneral information Why Haugøya at SmølaWhat do we want to achieveQ&A

2

Statkraft at a glance

Peru182 MW(+ project)

Chile105 MW

Turkey20 MW(+ projects)

Nepal 23 MW

Philippines149 MW

Brazil86 MW

Panama(prosjekt)

Zambia6 MW

Norway12 518 MW Sweden

1 315 MW

UK273 MW

Laos 100 MW

Germany2 692 MW

India91 MW

SN POWER/AGUA IMARA

STATKRAFT

Albania(project)

Sri Lanka1 MW

Installed capacity17 600 MW

Power production (2013)56 TWh

97% renewable energy 

3 600 employees

*

* 2013 figures. Includes:  ‐ Statkraft’s share of installed capacity‐ Statkraft SF’s share of installed capacity in Laos

The Group and Norwegian subsidiaries

4

ASSOCIATED COMPANIES

45.5%

49.9%

50%

51%

50%

SUBSIDIARIES

66.6%

60%

60%

49 %

District heatingDistrict heating

Deliver growth in pure energy

European Flexible GenerationEuropean Flexible Generation

Wind powerWind power

International HydropowerInternational Hydropower

Trading & OriginationTrading & Origination

STRATEGIC DIRECTIONSSTRATEGIC DIRECTIONS

 ‐

 50 000

 100 000

 150 000

 200 000

 250 000

 300 000

 350 000

 2 010  2 011  2 012  2 013MW

Global wind power 2010‐2013

Europa USA Kina Resten av verden

Global development of wind power More than 300 GW of wind power

installed globally.

The annual growth in wind power in Europe the last years has been between 10-13 GW.

6

+22%

+21%

+13%

Kilde: IHS Emerging Energy Research

The wind power markets

76 560 

61 789 

33 925 

22 794 

20 269 

8 744 

8 149 

7 694 

6 425 

4 723 

4 418  41 553 

Onshore windpower 2013 [Σ= 297GW]

China

United States

Germany

Spain

India

Italy

France

Canada

United Kingdom

Portugal

Sweden

Other

7

3 870 

1 267 

940 

580 

497 

241  215 

Offshore windpower 2013[Σ= 7.7GW]

United Kingdom

Denmark

Germany

China

Belgium

Netherlands

Sweden

Japan

Finland

Ireland

Norway

Portugal

Kilde: IHS Emerging Energy Research

LCoE 2014-2035

8

0

20

40

60

80

100

120

140

160

180

UK (€/MWh)

Kull, UK Onshore vind, UK Offshore vind, UK

Assumptions: CO2, fuels, tech data from LPF14. All techs are running baseload, ie maximum capacity factors technically possible. WACC = 7.3% for all techs

Statkrafts offshore wind strategy

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Sheringham Shoal:Partner during construction, operator in operational phase(50%)

Dudgeon:Integrated partner (30%)

Next project:operator/ industrial role

Dogger Bank:Operator onone of fourprojects

Haugøya test turbine at Smøla Concession given by NVE in

Desember 2013. Objections, mainly bird related received and application sent to OED for final decision. Final concession received July 2014.

Preliminary milestones:- FID in Q1 2015.- Site completed winter 2015/16- WTG installation in 2016.- Operational in 2016.

10

Technical data

Turbine power: 6 - 8 MW

Hub height: 100 - 130 m

Rotor diameter: 140 - 180 m

Yearly production: 20 - 25 GWh

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Why Haugøya at Smøla? Onshore testing has lower cost and

risk compared to offshore testing

Smøla has very good wind conditions and is well suited as test site

Haugøya can easily be facilitated for barge transport for turbine, tower and required equipment

Statkraft can utilize its existing operational organisation at Smøla

There exist attractive support regimes for test facilities in Norway

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What do we want to achieve

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Validate technology, reliability and capabilityData driven validation of turbine operating at offshore conditions. Don´t tell us, show us!

Evaluate SuppliersRelationship built upon trust and cooperation

Demonstrate Statkraft long term industrial role and commitment Statkraft will take wind business to the next level

What do we want to achieve

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Encourage turbine manufacturersStatkraft is here to stay

Ensure market competitionEnsure several options for future projects

Implement Statkraft requirements & Create an experience baseFollow up on project and technology from day one

Statkrafts ultimate goal

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Improve safety & reduce cost and risk for

coming projects

Improve safety & reduce cost and risk for

coming projects

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THANK YOU

www.statkraft.no