MINOS Concentrated Solar Power Project

Transcription

1 MINOS Concentrated Solar Power Project Alex Phocas-Cosmetatos & Konstantinos Kynigalakis Nur Energie Ltd. & June 2017

2 Contents 1. Nur Energie Introduction 2. MINOS CSP Project 3. NER300 Program-Experience 4. Combination of Private Investments and Public Funding

3 1. Nur Energie Introduction FRANCE & ITALY PV projects GPMB Successfully developed and sold Nîmes green field PV projects GPMM in Italy; Villeneuve-Loubet Full developed and sold 10MW Bagnoregio BIPV project on Thémis 100,000 square metres of roofs at the Port de Marseille. Nur 01 Nur 04 TuNur HVDC Nur 05 Nur 06 GREECE Tower CSP plant selling power to Island grid under development Construction ready site for a 50MW CSP tower plant on Crete; Tunisia PV TUNISIA TuNur CSP Large scale CSP export project from Tunisia to Europe Semi permitted 2000MW export from Tunisia to Italy (CSP tower and HVDC sub marine cable); Joint-venture with established local Tunisian partners. Crete MINOS Nur Energie is an independent solar developer, deploying PV and CSP technologies in projects around the Mediterranean

4 2. The MINOS Project The M.IN.O.S. (Minimum Intermittency Operating System) CSP Project is a 50MW concentrating solar thermal power plant that aims to generate predictable and dispatchable electricity from solar energy. 1. Maximized Solar Field Efficiency: Multi-Tower Project with solar receivers which utilize an optimized common solar-field of high efficiency. 2. CSP in non-limitless area (non-desert): Solar field deployed on natural slope with natural boundaries (e.g. hills) require new tools for optimising solarfield efficiency. 3. A RES project which turns into a base-load plant for isolated grid: A fully dispatchable CSP plant capable to operate maximizing its production in an isolated grid with various restrictions. The Project is located on the island of Crete, at a site adjacent to a 200MW conventional power plant. The Project has received the main licenses. Size Technology PPA Electricity Production Grant King MINOS was the mythical king of Crete Permitted up to 52MWe Tower CSP with Thermal Energy Storage 25y with Grid Operator at fixed price c.100,000mwh / year Up to 42m grant awarded by European Union (NER300)

5 3. NER300 Program Experience The project has been granted a NER300 award in December 2012 under the first call for proposals. Experience so far - Positive The NER300 team has always been responsive to the requests of the promoter or the Member State. A contact person is assigned by the Member State as operational Country representative for NER300 program, facilitating the communication of the promoter with the Commission All the NER300 relevant documentation has been very clear and well structured since the beginning of the program and it is always being updated responding to new challenges and needs. Obstacles during development Innovation comes with challenges. NER300 program is designed to support the first few years of operation of the projects (additional tariff during first five years), but the project promoter needs to rely 100% on own funds for development and financial close. Innovative projects may face additional regulatory delays (permitting) compared to commercial RES projects, putting further financial strain on project promoters. Some innovative technologies may be at risk from regulatory changes in support schemes.

6 4. Combination of Private Investments and Public Funding Innovative technologies are challenging to finance. European public institutions could collaborate to provide the certainty required for the commercialization of additional technologies, which are ready to reach this level. Flexibility Increase flexibility in private public partnerships. Support projects during development but also be flexible to withdraw support if development stalls or if technology changes. Having a pool of capital available for eligible projects may increase flexibility compared to fixed allocations to certain projects. Financial tools Further to debt and subsidy, could be incorporated in the public funding schemes. For example a kind of guarantees on the counterparty or country risk. Lower development risk Support unified legal framework for chosen innovative projects that will facilitate the inter-state cooperation for private investment. This way a foreign company or investor can operate under single market status in the country of the project and also follow an expedited permitting process.

7 Thank you for your attention! Contact Nur Energie Ltd. 25 North Row London, W1K 6DJ, United Kingdom T(UK): +44 (0) T(GR):