Whitehorse, March 18, 2013 Sonny Banjac Manager, Northern Projects - - PowerPoint PPT Presentation

Yukon Energy Corporation: Wind Workshop Wind Energy Development and Integration in the Yukon

Whitehorse, March 18, 2013

Sonny Banjac Manager, Northern Projects

Overview

• 1. Intro to Sea Breeze Power Corp.

& the Cape Scott Wind Farm

• 2. Steps of Wind Power Development

Company Overview: Sea Breeze Power Corp.

• Developer of renewable energy and

transmission projects, mostly in BC and pacific US

• Office in Vancouver, ~20 employees
• Publicly traded company on TSX.V
• Developed first wind farm on the BC coast at

Cape Scott (99MW)

Status of Global Wind Power Installation

http://www.gwec.net/fileadmin/documents/NewsDocuments/Annual_report_2011_lowres.pdf

Wind Power in Canada

http://www.canwea.ca/farms/wind-farms_e.php

• 55 Vestas V100 1.8MW wind

turbines

• 99 MW capacity

(electricity for 100,000 people)

• 80m hub height, 50m blades.
• Sold to IPR-GDF-Suez
• Currently under

construction

• COD in Summer 2015
• 300 person yrs of

employment during construction

• Similar amount spread
• ver 20 yrs of
• perations.

Wind Development: Starting Point

• A hunch, desktop

scouting

• Desktop data

review

• Site visit
• Obtaining

land rights

Target End Point

• A project that can be

financed and built

• Wind resource well

mapped

• Costs and risks well

established

• Absence of critical flaws

– no surprises!

• Relationships

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

• Increasing confidence =

decreasing risk

• Increasing external

support

• Increasing cost
• Increasing value
• Prioritization &

Go / No-Go

http://www.al.gov.bc.ca/clad/IPP_guidebook.pdf

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

DESKTOP:

• Expected wind resource
• Ease of access
• Transmission
• Synergies
• Market opportunities
• Environmental setting
• Land status
• First Nations
• Community support

SITE VISIT:

• Locations for met towers
• Environmental screening
• Engineering screening

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

• 1st meteorological tower
• Wind speed analysis over

12 months

Met Tower Installation

Courtesey of Sea Breeze Power Corp. http://www.wagonerwind.com/images/60-meter-met-tower-mast-and-vanes.jpg

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

• Additional met towers
• Turbine suitability
• Geotechnical studies
• Optimal capacity (transmission

constrains)

• Layout Optimization Energy

production estimate

• Preliminary BOP studies
• Financial modeling
• Negotiations with turbine

suppliers

• Targeted environmental

studies

• Consultation

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

• Business model
• Negotiation with a financial

partner

• Buyer (e.g. Electricity

Purchase Agreement from Yukon Energy)

• Green attributes

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

• Environmental assessment
• Detailed engineering
• Interconnection studies
• Financial close
• Construction permits
• Contracting & supply

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

• Site preparation
• Transportation
• Construction: Roads,

foundations, electrical, turbine installation

• Commissioning
• Environmental monitoring

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

• Plant operation
• Wind forecasting
• Scheduled & Unscheduled

Maintenance

• Environmental monitoring

Steps in the Development Process

1. Site identification & land rights 2. Pre-feasibility 3. Feasibility 4. Marketing-Financing 5. Detailed design & permitting 6. Construction 7. Operation 8. Decommissioning

• Environmental remediation
• Residual value of assets?