Nur Energie - CSP in North Africa
MENASOL 2010– Cairo, Egypt
Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Introduction to Nur Energie
Nur Energie is a multi-country, multi-technology solar power plant developer
Short Term Strategy Develop Solar Power plants and sell them to equity investors
Long Term Target Maintain partial ownership of power plants and become a solar utility with solar assets under management and control Flagship 2GW solar export project from N. Africa into Europe
Geographic Presence Mediterranean countries: offices and subsidiaries in France, Italy and Greece, Headquarters in London Significant development work is currently undertaken in North Africa to develop the first large scale assets in the Sahara and export the power to Europe via submarine cables
Page 2 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Introduction to Nur Energie
Nur Energie Activity Snapshot
France •Conventional PV & BIPV technology •MW-scale projects, landfill sites, Grand Port Maritime •Southern France de Marseille BIPV •65MW under development
Italy •MW-scale projects (PV) •Development of 2GW HVDC merchant cable from •Puglia, Lazio and Sicily North Africa for import of solar electricity •5MW ready to build in Q2 2010 •Landing rights for cable, grid integration
Greece •First commercial CSP tower plant •Won a critical municipal auction for land to build a •Build execution and operational 35MW CSP plant against Spanish CSP competitor experience for CSP •35MW in Crete and 50MW in Rhodes under development
Africa •Actively pursuing utility scale solar •Considering entering markets in the remaining North projects in Tunisia, Algeria and African countries and South African (and the Middle Morocco East).
Page 3 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Case Study: CSP Project in Crete, Greece
Purpose Build CSP development experience in a FIT supported market in Europe
Why Greece Late for Spain, CSP in Greece was untapped in early 2008
Strong Partners Established 50 -50 JV with Motor Oil Hellas, major Greek independent energy company to jointly develop the project EPC to be provided by METKA, the leading EPC company in Greece
Stage 1: Land identification Complete
•Land Survey •Site-specific Modelling
•Land Inspection •Solar Radiation Assessment
•Land Scoring/Ranking •Assessment of authorisation and grid connection issues Bottom-up approach: 37 sites screened
Page 4 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Case Study: CSP Project in Crete, Greece
Stage 2: Securing the best site Complete
SITE CHARACTERISTICS PATHWAY TO SECURING THE SITE
•South Eastern tip •JV with Motor Oil Hellas gives Nur Energie a strong Greek partner, recognised by all
•Highest Direct Solar Radiation in Greece, possibly •On the ground presence, constant interaction with local 2 Europe (DNI in excess of 2100kWh/m /y) stakeholders
•Gentle South Slope •Participation in municipality tender for 170 hectares of land (100hectares usable for CSP) •Adjacent to the island’s major conventional power station (300MW) •Highest quality techno-economical documents and feasibility studies including detailed layouts, grid •Adjacent to grid connection, HV lines through integration impact, environmental benefits etc property •Use of best CSP technology (BrightSource Energy) •2km from port allows Nur Energie to outbid major Spanish CSP company
Page 5 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Case Study: CSP Project in Crete, Greece
Stage 3: Solar Radiation Assessment Complete
•State of the art meteorological station
•Global Horizontal Irradiation (GHI), Direct RATIO of Ground DNI Data Normal Irradiation (DNI), Wind, Temperature etc over Satellite DNI Data
•Measurements since November 2008, per minute measurement frequency
•In-house data assessment, including correlation with real time satellite DNI data to Ground Data generate TMY data (Typical Meteorological Satellite Data Year)
DNI VERIFIED TO BE IN EXCESS OF 2100kWh/m 2/y (5.7kWh/m 2/day)
[e.g. Andasol is 2136kWh/m 2/y, PS10/PS20 are 2012kWh/m 2/y]
Page 6 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Case Study: CSP Project in Crete, Greece
Stage 4: Complete Ongoing Permission process Site of CSP plant, next to •Application dossier submitted (February 2009), conventional power plant and port currently being reviewed for the granting of an Electricity Generation Licence [Expected in H2 2010]
•Lease agreed with local municipality which owns the land after winning the tender process in September 2009
•Forestry department has verified that the land is suitable for use (i.e. not forest land or other restrictions)
•Full authorization expected in 2011. •Local stakeholders are very positive towards the CSP project
Page 7 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Case Study: CSP Project in Crete, Greece
Stage 5: Power Plant Design Ongoing
•Crete electricity network is very unique: •Autonomous grid •Oil based •Large daily and seasonal variability Power Block • >20% wind energy •Wind/hydro hybrids expected
Daily Electricity by Generation Source •Benefit of the CSP plant to grid stability has been demonstrated 700
by Nur Energie WIND 600 ATM 1 LIN GAS 1 LIN GAS 4 CHA GAS 1 CHA 500 GAS 2 LIN GAS 5 CHA •Co-firing is a better solution than storage for intermittency GAS 4 LIN 400 GAS 12 CHA control and the provision of guaranteed capacity during the high GAS 11 CHA GAS 5 LIN GAS 13 CHA demand summer months 300 GAS 3 LIN DIESEL 4 LIN DIESEL 3 LIN DIESEL 2 LIN 200 DIESEL 1 LIN DIESEL 2 ATH •Solar field layout and tower location optimised DIESEL 1 ATH 100 CSP CC ATM 6 LIN ATM 5 LIN •Power block components designed 0 ATM 4 LIN 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Page 8 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Nur Energie in North Africa
Utility scale solar energy in North Africa
IN NORTH AFRICA Nur Energie is developing large scale CSP projects in Tunisia, primarily for export to Europe
In addition it is also participating in CSP development activities in Algeria, Morocco and Egypt.
ELSEWHERE IN THE WORLD Nur Energie is also considering and assessing the feasibility of developments in South Africa and the Middle East.
Page 9 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Nur Energie in North Africa
DESERTEC
Nur Energie was invited, and has accepted, to become an Associated Member of the DESERTEC Industrial Initiative .
The Dii was founded to pave the way for the establishment of a framework for investments to supply the MENA region and Europe with power produced using solar and wind energy sources. The long-term goal is to satisfy a substantial part of the energy needs of the MENA countries and meet as much as 15% of Europe’s electricity demand by 2050. The Dii now consists of 17 shareholders. The founding members of Dii GmbH were ABB, Abengoa Solar, Cevital, the DESERTEC Foundation, Deutsche Bank, E.ON, HSH Nordbank, MAN Solar Millennium, Munich Re, M+W Group, RWE, SCHOTT Solar and Siemens
Page 10 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt 2 GW Solar Export Project in Tunisia
Tunisia: Ready to go
History •Active since 2008 in Tunisia. Extensive development and feasibility work. •Site identified for up to 2000MW of CSP capacity •HVDC route for export to Italy has been identified and is technically feasible •Launch of solar radiation recording campaign (April 2010)
Target •To develop 2000MW of CSP project for export to Italy via submarine HVDC cable with first plant ready for construction in 2013
Short term •Solar retrofit for electricity needs of Industrial site opportunities •Solar retrofit for heat requirements of a gas refining plant •IPP project tenders issued by the Tunisian government
Page 11 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt 2 GW Solar Export Project in Tunisia
Nur Energie’s approach to Tunisia
Strict methodology for site to pass selection criteria • Environmental screening, desertification risk, solar radiation, water rights, large size for 2GW, proximity to gas and electricity transmission
Building local support • Water Cooling for large solar thermal plants not feasible and not desirable in deserts – focus on dry cooling technologies • Analysis of potential for local value add
Study on techno-economic feasibility of cable connection through the Mediterranean • Work with Statnett Engineering, experienced sub-marine HVDC engineering consultancy, previous work included engineering for 560km/700MW sub-marine HVDC cable between Holland and Norway
Study on Grid integration into the Italian electricity network • Work with CESI, Italian electricity research bureau part-owned by Terna, the Italian grid operator, analysing 6 possible inter- connection points, identified 4 that can take up to 2000MW of electricity imports
Page 12 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt 2 GW Solar Export Project in Tunisia
Sub-marine cable interconnector between North Africa and Europe
Tunisia has an excellent opportunity to be one of the first countries to connect sub-marine electricity cables to the European grid .
Nur Energie has been investigating sub-marine electricity cable routes in the Mediterranean for more than two years.
Nur Energie has already identified several feasible cable route sin the Mediterranean and possible interconnection points into the Italian electricity grid that are capable of taking electricity from large-scale solar projects in North Africa.
Nur Energie has been asked by the Italian authorities to analyse whether a planned cable route from Tunisia to Italy could utilise parts of the corridor taken by the Galsi pipeline.
Page 13 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Challenges to Solar Export Project
Challenges are economical, not technological
Low technological Nur Energie believes that the generation and transportation of solar challenge electricity into Europe is perfectly feasible, both on the technological and engineering front. Mature technologies PV, CSP and HVDC are technologies with proven track record, high reliability and demonstrated scalability
Financial support No European legislation exist to support incentives for cross border missing renewable electricity sales Feed-in Tariffs that are very popular in European countries promoting renewable energy (Spain, Italy, Greece, France, Germany) only apply for production within their national borders
Page 14 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Challenges to Solar Export Project
Possible Incentives Green Italy operates a Green Certificates system for certificates imported renewable energy but currently applies on wind and biomass but not solar. Will it change?
Article 9, EU Member State(s) may agree a new project for Directive production of electricity from renewable sources in a 2009/28 3rd country, as long as the electricity is consumed within the EU Concessional Low interest loans, interest payment holidays from finance Institutions such as the World Bank, EIB, African Development Bank etc Other schemes As Europe approaches 2020, two forces will lead to increased pressure to embrace Renewables: i. Binding target for 20% renewable energy by 2020 will be difficult to achieve by national resources alone ii. c. 80GW of conventional power capacity is to be retired before 2020
Page 15 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt Contact
Thank you for your attention We are interested in meeting local partners and investors
Kevin Sara Founder and Managing Director
Nur Energie Ltd M: + 44 (0) 780 234 4488
Central Court T: + 44 (0) 203 159 4394 25 Southampton Buildings F: + 44 (0) 203 159 4391 Chancery Lane, London WC2A 1AL E: [email protected]
United Kingdom W: www.nurenergie.com
Page 16 Nur Energie - CSP in North Africa MENASOL, 4 th May 2010. Cairo, Egypt