Monday, 15 February 2010

Client News-GATEWAY SECURES FIRST GAS STORAGE LICENCE FROM UK DEPARTMENT OF ENERGY

Monday, February 15th 2010

GATEWAY SECURES FIRST GAS STORAGE LICENCE FROM UK DEPARTMENT OF ENERGY

The £600m Gateway Gas Storage project has today received the first gas storage licence to be issued by the UK Government under a new regime designed to encourage the construction of new storage facilities in this country. The licence has been issued under the auspices of the 2008 Energy Act and it consolidates the main environmental and planning consents that were given to the project by the Department of Energy & Climate Change and the UK Marine & Fisheries Agency in November 2008.

George Grant, Chairman of Gateway Storage Company said: “The support and encouragement given by DECC to bring the Gateway Storage project forward has been invaluable, as was the Crown Estate’s agreement of the offshore site licence. We are now fully engaged with the project’s engineering design and are targeting 2014 for the start of commercial storage operations.”

The Gateway facility will add new capacity equal to approximately 30% of current UK storage capacity, sufficient to meet five days of Britain’s average gas demand. Gateway will be built in 20 salt caverns, each the size of the Albert Hall, and sited approximately 750m beneath the surface of the seabed. Located 15 miles offshore, south west of Barrow-in-Furness, the storage scheme will be connected to the National Gas Transmission System via a new pipeline to a gas compression station adjacent to the existing Morecambe gas terminals at Barrow.

Last month (January 21st 2010), Gateway announced that AMEC, Parsons Brinckerhoff and Senergy had been appointed to undertake the detailed engineering design work for both the offshore and onshore elements of the scheme. Their work will support a commitment to construction of the facility at the end of this year (2010) and enable the commencement of gas storage services for the UK market in 2014.


Notes to Editors:

1. The Energy Act 2008 created a regulatory framework in which DECC operates a licensing system that regulates storage for environmental and other purposes whilst the Crown Estate controls the exclusive rights to the seabed and the use of geological structures beneath the seabed for gas storage.

2. Gateway Storage (www.gatewaystorage.co.uk) is a company that was formed to develop the gas storage project and is managed by Stag Energy. Stag Energy (www.stagenergy.com) is an independent company, headquartered in Edinburgh. The company, established in 2002, has extensive experience of managing the development, construction and operations of gas storage and power generation projects in the UK and overseas.

For further information:

Gateway Storage Company Ltd

Andrew Stacey / George Grant

T: +44 (0)131 550 3380

E : astacey@stagenergy.com

ggrant@stagenergy.com

or

Paul Taylor (Taylor Keogh Communications)

T: +44 (0) 20 3170 8465

E: paul@taylorkeogh.com

Wednesday, 10 February 2010

Client News-MCT's SeaGen passes 1000 hours landmark

SEAGEN PASSES 1000 OPERATIONAL HOURS OF TIDAL CURRENT ENERGY AT STRANGFORD LOUGH

Wednesday, February 10th 2010

SeaGen, the world-leading prototype tidal energy turbine designed and deployed by Marine Current Turbines Ltd (MCT) has exceeded 1000 hours of operation in Northern Ireland’s Strangford Lough. It is the first tidal current or wave energy system in the world to have achieved this milestone.

The 1.2MW tidal current turbine, the largest megawatt scale grid-connected marine renewable energy system in the world, has achieved a capacity factor of 66% and so far delivered 800MWh into the National Grid.

This high capacity factor means that the tidal turbine delivers energy on average at the same rate to be expected from a wind turbine of approximately twice the rated power. Furthermore, the output is totally predictable. This performance has exceeded expectations largely thanks to the intensity of the Strangford Lough tide race and MCT’s own conservative design predictions.

Martin Wright, Managing Director of Marine Current Turbines said: “We are delighted with SeaGen’s performance. Passing the 1000 hours mark is a great milestone which not only demonstrates the potential for tidal power, but will also help to reinforce confidence in extracting energy from the seas in the future.”

Since starting operation in late 2008, SeaGen’s operation has been limited by its licence conditions to daylight hours, and it is only since the autumn (2009) that SeaGen has operated automatically and without the presence of “marine mammal observers” on board. It was this change that has allowed a considerable increase in SeaGen’s operational hours.

The company is now preparing SeaGen for more intensive operation and it is hoped to gain consent for continuous “24/7” operation before the summer. In the next few weeks, MCT’s also plans to run SeaGen under supervision of specialists from DNV (Det Norsk Veritas), one of the world’s leading marine classification societies, to obtain independent verification of its performance.

Martin Wright added: “SeaGen is operating as it was designed to do. Crucially, the operational experience and data that we are gaining every day is hugely valuable as we work towards deploying the UK’s first tidal farm within the next two years. SeaGen is a commercial scale prototype and already we are incorporating into the design of the next machines subtle changes to improve maintainability and reliability which are vital for commercial generation.”

Last week (February 2nd), MCT secured £2.7m from the Carbon Trust’s Marine Renewables Proving Fund to support the company’s evaluation and operation of SeaGen as a precursor to the deployment of a tidal farm by MCT in UK waters.



Notes to Editors:

1. Marine Current Turbines Ltd (www.marineturbines.com) is based in Bristol, England. The company was established in 2000 and its principal corporate shareholders include BankInvest, Carbon Trust Investments, EDF Energy, ESB International, Guernsey Electricity and High Tide. The company has a power purchase agreement with Ireland’s ESB Independent Energy for SeaGen’s output.

2. In September 2009, MCT was ranked the world’s top tidal energy company in The Guardian/Clean Tech Global 100 Survey and in June 2009 won Renewable Energy Developer of the Year in the UK Renewable Energy Association Annual Awards.

3. The SeaGen turbine is subject to a rigorous monitoring programme imposed under its licensing conditions to ensure it does not threaten the marine life of Strangford Lough where it is located. At present, SeaGen is still only permitted to operate in daylight hours and has to be continuously monitored by an observer on-shore using sonar to see that the marine life, in particular seals and porpoises, are not at risk from the 16m diameter twin rotors which rotate at about 14 rpm.

4. SeaGen is accredited by OFGEM as a UK power station and so is a recipient of Renewable Obligation Certificates (ROCs).

Thursday, 4 February 2010

Client News-Marine Current Turbines awarded £2.7m by Carbon Trust to enhance its SeaGen tidal system

Marine Current Turbines awarded £2.7m by Carbon Trust to enhance its SeaGen tidal system

Marine Current Turbines has secured funding of £2.7million from the Carbon Trust’s Marine Renewables Proving Fund (MRPF) to support the enhancement of SeaGen, the world’s largest and so far only megawatt scale grid-connected tidal current energy system that has been supplying electricity to customers in Northern Ireland since December 2008.

Martin Wright, Managing Director of Marine Current Turbines (MCT), said: “Securing the MRPF funding is another strong vote of confidence in our SeaGen technology and importantly we are proving that our SeaGen technology works extremely well, supplying power to commercial customers on daily basis.

“The experience that we are gaining from SeaGen’s real-time operation is of enormous value as we seek to improve its efficiency and operational capabilities in advance of deploying further turbines into our first tidal farms. The Carbon Trust funding will be used to assess SeaGen’s operation, our engineering processes, construction and installation techniques and assist us in reviewing and evaluating a range of other important issues.”

Marine Current Turbines aims to deploy its first tidal farm in UK waters during 2012. The company is partnering RWE npower renewables to develop a 10MW tidal farm off Anglesey, and in Canada MCT is working with Minas Bay Pulp & Paper to deploy a single SeaGen device in the Bay of Fundy, Nova Scotia during 2011.

Notes to Editors:

Marine Current Turbines Ltd (www.marineturbines.com) is based in Bristol, England. The company was established in 2000 and its principal corporate shareholders include BankInvest, Carbon Trust Investments, ESB International, EDF Energy, Guernsey Electricity and High Tide. The company has a power purchase agreement with Ireland’s ESB Independent Energy for SeaGen’s output.

In September 2009, MCT was ranked the world’s top tidal energy company in The Guardian/Clean Tech Global 100 Survey and in June 2009 won Renewable Energy Developer of the Year in the UK Renewable Energy Association Annual Awards.