Ocean / Marine Renewable Energy: From the Orkney Islands to the Philippine Archipelago

Marianne Eleanor Catanyag Business Developer

Oceantera Energy Corporation www.oceanteraenergy.com

Orkney – one of the world’s most

sustainable islands?

The Orkney Islands

The maritime setting and northern latitude of the Orkney

archipelago contributes to the windiness of the place.

Winds often reach over 100mph during major storms

and average wind speeds are typically 8-12m/s.

Over 50 MW of wind turbine capacity is installed on

the islands, with plant output factors typically as high

as 40-45%.

Buffeting Winds

The seas of the Atlantic Ocean and the North Sea focus

their energy on the coastal waters of Orkney, making it

ideal for wave energy generation.

Maximum recorded wave heights in the last 10 years

have reached 16m.

The average energy available is between 20-40

kw/m of wave front.

Pounding Seas

The deep water channels and exposed headlands of

Orkney are subject to very strong tidal currents.

Flow speeds reach over 16 kts or 8 m/s in the

Pentland Firth and flows of 6 kts or 3 m/s are

quite common throughout the islands.

Raging Tides

Orkney’s renewable energy resources

Total = > 5,000 MW deliverable capacity

Key Onshore wind 40 MW existing/planned

New onshore wind 100-200 MW

Wave 500-1000 MW

Tidal 500-2,500 MW

Offshore wind 1000 MW

Wave leases 550 MW

Tidal leases 500 MW

Mirco & other 2.5 MW

Gas & other 20 MW

EMEC sites 5 + 7 MW

Dispersed

Dispersed and

of electrical demand in

Orkney met by renewables

in 2014

107%

1980’s – early beginnings

8

TAPCHAN _ Norway

1990’s – laying the foundations

9

Osprey wave energy device

2000’s – decade of preparation

10

THE GRID ?

2010’s – decade of delivery

11

Decade of delivery (2010s)

Decade of roll out – 2020s

13

Test site support and regional

centres of excellence

• EMEC • OWET • Cumbria • Bellmullet • Chile • Taiwan • Nagasaki • Pacific PMEC • Caribbean CMEC • Singapore (NTU, ClassNK) • South East Asia SEAMEC • South America SAMEC • Philippines?

Caribbean Marine

Energy Centre

(planned)

LONG TERM Grid electricity

MEDIUM TERM Diesel replacement; water pumping and desalination (mines)

SHORT TERM Remote diesel replacement

Wave and tidal

Marine energy markets:

* 16 ORE Potential: Philippines (170 GW)

1

3

2

Tidal In-Stream Energy Potential Sites Wave Energy Potential Sites OTEC Route to Grid Parity

Tidal Current Ocean Thermal Wave

>80GW

SEA Case Study: Island with Industry

18

Case Study: Hybrid System for an Island Micro-Grids

Power System Config. RE Fraction Excess Electricity

LCOE (USD/kWh)

Diesel GenSets (910, 100 kVA) + Batt (576kWh) + Solar (300kWp) + Tidal (200kWp)

31.6% 12.6% 0.368

Diesel GenSets (910kVA, 100 kVA) + Batt (720kWh) + Solar (600kWp)

38.6% 20.1% 0.386

Diesel GenSets (910kVA, 100 kVA)+Batt.(1440kWh) 0.0 % 2.47% 0.456

Diesel GenSets (2x 910, 500, 100 kVA) 0.0 % 14.5% 0.50

DIESEL Generators Only

PV Tidal DG-100 DG -910

*

Matnog

Samar

Capul

Dalupiri

19

Potential Feasible Installation Areas (Applied Depth-Mask of <100m)

1-M

on

th E

ne

rgy D

en

sity, W

-h/m

2

San Bernardino

Energy

LCOE, IRR, Feed-in-Tariff

CapEx = $ 233.2M OpEx = $6.63M/yr CapEx = $ 406.5M OpEx = $6.63M/yr CapEx = $ 810.2M OpEx = $6.63M/yr

FIT (PhP/kWh)

10 ROI = 95% IRR = 14% ROI = 32% IRR = 6%

Profit = ~USD 358M Payback = ~6.5 yrs Profit = ~USD 177M Payback = ~11 yrs

13.5 ROI = 163% IRR = 21% ROI = 78% IRR = 11% ROI = 1% IRR = 3%

Profit = ~USD 616M Payback = ~5 yrs Profit = ~USD 434M Payback = ~7.6 yrs Profit = ~USD 9M Payback = ~16.2 yrs

ROI = 232% IRR = 28% ROI = 124% IRR = 15% ROI = 27% IRR = 5%

Profit = ~USD 873M Payback = ~3.5 yrs Profit = ~USD 691M Payback = ~6.3 yrs Profit = ~USD 267M Payback = ~12 yrs

Total Project (20-Years)

100 MW ~USD 378M ~USD 560M ~USD 984M

USD 2M/ MW (LCOE = $ 0.11/kWh) USD 4M/ MW (LCOE = $ 0.17/kWh) USD 8M/MW (LCOE = $ 0.3/kWh)

17

CapEx = $ 465.3M OpEx = $13.25M/yr CapEx = $ 811.8M OpEx = $13.25M/yr CapEx = $ 1,620.3 M OpEx = $13.25M/yr

FIT (PhP/kWh)

ROI = 95% IRR = 14% ROI = 35% IRR = 6%

Profit = ~USD 718M Payback = ~6.5 yrs Profit = ~USD 354M Payback = ~11 yrs

ROI = 164% IRR = 21% ROI = 78% IRR = 11% ROI = 1% IRR = 3%

Profit = ~USD 1,233M Payback = ~4.5 yrs Profit = ~USD 869M Payback = ~7.6 yrs Profit = ~USD 20M Payback = ~16.2 yrs

ROI = 232% IRR = 28% ROI = 124% IRR = 15% ROI = 27% IRR = 5%

Profit = ~USD 1,748M Payback = ~3.5 yrs Profit = ~USD 1,384M Payback = ~6.3 yrs Profit = ~USD 535M Payback = ~12 yrs

200 MWTotal Project Cost (20-Years)

~USD 753.5M ~USD 1,117.3M ~USD 1,966.3M

USD 4M/ MW (LCOE = $ 0.17/kWh) USD 8M/MW (LCOE = $ 0.3/kWh)

10

13.5

17

USD 2M/ MW (LCOE = $ 0.11/kWh)

Suitability: Sites and Devices

21

Multi-Site, Multi-Device, Multi-Criteria

Geographic Information System

Data Analytics

Multi-Metric Scoring Tools

Suitability Maps

•Strategic planning and advice

•Concept and project design, review and verification •Research and concept feasibility testing

•Energy resource and market assessment •Site selection and feasibility assessment •Environmental impact assessment •Technology testing and assessment

•Site-device matching and suitability studies •Navigational risk assessment •Mitigation and monitoring plan development •Hazard identification and risk assessment •Safe working method statements •Health and safety management •Marine superintendence

Key Take Away Points Ocean / Marine Renewable Energy is coming up.

Having a Feed-in-Tariff is essential to progress ORE.

Pilot, Demos, First movers are needed.

Need to increase ORE allocation for commercial projects in the Philippines

Clean Electricity (from the Ocean) is just one aspect, there are also jobs, industries, and other benefits

CONTACT US

Oceantera Energy Corporation

Unit 10-1 Fort Legend Tower

Bonifacio Global City, Taguig City

+63.917.894 6889 (Philippines)

+65.9066 3584 (Singapore)

+44.7850 130599 (UK)

Email: info@oceanteraenergy.com

www.oceanteraenergy.com

Thank You!