Hywind - riding the next wave of renewables

1. Hywind – riding the next wave in renewables
Oslo Exchange
November 2017 2001
The idea
2009
The demo
2017
The world’s first
floating wind park

2. 2

3. We believe a low carbon footprint is a competitive
advantage, providing us with attractive business
opportunities in the transition to a low carbon future.
COMPETE
Stress test our portfolio
to ensure that we are
competitive in a low-
carbon future
GROW
15-20% of capex in new
energy solutions by 2030
REDUCE EMISSIONS
3 million tonnes CO2
annually by 2030
Embedding climate into our strategy

4. Vast potential of floating wind
• Virtually unlimited
resources
• Unlock potential in
deep water —
further away from
shore
• Standardised
foundations
• Environmental
benefits
UTILITIES BIG CITIES ISLANDS OIL AND GAS

5. Hywind
– the leading solution for floating offshore wind
The Hywind Scotland
pilot park
• The world’s first
floating wind park
• Investing around NOK
2 billion
• 60-70% cost reduction
from Hywind Demo
• Powering ~20,000 UK
homes
Quick facts
• Location: Peterhead, Scotland
• Installed capacity: (5x6MW) 30 MW
• Water depth: 95-120 m
• Avg. wind speed: 10.1 m/s
• Area: ~4 km2
• Average wave height: 1.8 m
• Export cable length: Ca. 30 km
• Start power production: Sep’17

6. Hywind Scotland
2012-10-246 Classification: Internal

7. Next step for Hywind - lead floating wind to industrial scale
Cost Deployment Concept development
Scalability critical for market success
Demo Pilot park
Next: Large parks
Proprietary motion controller
Design for scale and weight
Site selection and park layout
Installation and maintenance
Technology development focused on:

8. Capture excess wind
power
1
Reduce balancing
cost
2
Increase revenue
through price
arbitrage
3
Deliver grid and
system services
4
Piloting the Batwind concept @Hywind Scotland
Floating Wind + Storage + Grid
1 MWh / 1 MW Li ion battery storage system
 Mitigate variablity and enhance the value of of wind energy
 Responds to the need for integrated storage in future power systems
 Test business models to make storage commercially viable
8

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