1. NER300 Offshore Wind Project Nordsee One (formerly Innogy Nordsee 1)
Tobias Griesshaber Package Manager Foundations & NER300
SET-Plan conference Rome, 11. December 2014

2. Agenda
General project overview
Scope and technology
Summary

3. General overview of Nordsee One offshore wind farm A compelling offshore wind opportunity in one of the most favourable locations
Distance to shore
45 km
Water depth (LAT)
26 m – 29 m
Capacity
332 MW (54 x 6.15 MW)
Wind speed
9.8 m/s at hub height (90 m)
Yearly output
1.2 TWh
Unconditional grid connection
Confirmed for Q1 2015
TenneT Dolwin platform to be in service in Q1 2015
Permit
BSH licence Q1 2012
Lifetime
25 years
Commissioning
2017 (2016 option)
Nordsee One
Installation route:
42 nm (77 km)
CTV 2.5 hrs
Install vessel 3-4 hrs
O&M route:
26 nm (48 km) CTV 1.5 hrs
Installation base
Operation base

4. TenneT (grid connection) Foundation (Installation)
General overview of organisational and regulatory framework Project stakeholders of Nordsee One GmbH
Financing
Northland Power Inc.
RWE
Innogy
Lenders
(& advisers)
85%
15%
Sponsors
Lenders
BSH
BNetzA
TenneT (Feed-in)
Nordsee One GmbH
Public
stakeholders
Feed-in
(Market Premium)
Revenue
PPA
(Market Value)
TenneT (grid connection)
Offtaker (PPA)
EU-Com / BMWi (KfW)
Turbine
(EPCI)
Foundation (Supply)
Foundation (Installation)
Substation
(EPCI)
Infield cables (EPCI)
5 main contracts

5. Brief history of ownership and NER300 context A strong investor group
RWE: European utility with significant experience in offshore wind development since 2003 with
North Hoyle
Gwynt y Mor
Nordsee Ost
C-Power
RWE Innogy, the renewables branch of the utility RWE, has filed the NER300 application for the German Innogy Nordsee 1 offshore wind project (332 MW) in 2011
100%
4. September 2014
NPI: Experienced publicly traded IPP with thermal, solar and wind capacity (also involved in 600 MW Gemini offshore wind in Dutch waters)
85%
15%
N1: Experienced management team leads Nordsee One, where RWE joined up with NPI in 2014 to execute the project on a non-recourse project financed basis

6. 4/11/ :08 AM
Project scope Area of responsibility covers all offshore works except the onshore transmission
The project boundary is at the high voltage switchgear of its offshore substation: the transmission system operator (“TSO”), TenneT, is responsible for the cable to shore
N1 responsibility
TSO responsibility
Turbines
OSP (Topside & foundation)
Offshore converter station (AC/DC)
Onshore substation (DC/AC)
Project scope is limited to generation assets and internal distribution, export cable additional offshore converter station delivered by TenneT
Export cables (AC)
Export cables (DC)
Turbine foundations
Array cables
Transport from Dubai to Norway in August 2014

7. Wind turbine of 2nd generation 6MW category Senvion 6M126 (6
Wind turbine of 2nd generation 6MW category Senvion 6M126 (6.15 MW) turbine
A strong track record
Largest 5 MW+ fleet in the world (154 turbines installed as of end-2014)
Based on well proven technology
Very pro-active in creating innovation and providing technical solutions
A strong contractual package
Full EPCI contract
10-year (+ 2 times 5-year option) full service O&M contract with 95% availability guarantee
Specific comfort package to facilitate project financing and bankability
Solid ring-fencing structure viz. Suzlon
Commitments backed by bonds (advance payment, performance and warranty bonds)

8. WTG foundations are fit-for-purpose Monopiles Simple structure developed to fit 6MW wind turbines
N1 Monopile concept extending the current industry state-of-the-art
54 Monopiles support the Senvion MW wind turbine, which has never been done before in the industry
Taking the simple and effective Monopile concept to deeper waters and higher MW wind turbines with tailor-made solutions such as:
Installation technique develop- ment by pilot project VIBRO to validate vibratory pile installation compared to impact-driving piles
Bolted connection MP/TP as evolution of the grout filling
New materials for boat landing and corrosion protection

9. Summary
The offshore wind farm Nordsee One is about to reach FID and feed-in electricity in 2016/2017 to provide power to more than households, in accordance with the NER300 milestones
EU public co-funding supports technology development and deployment: it places an incentivice for commercial deployment & scale solutions from laboratory, to pilot stage and then, if validated, to full-scale
Financing and regulatory / certification constraints pose hurdles to innovation but make sure that technology is being deployed that is economic as well as safe to lower costs of energy in an uncompromised way

10. Thank you for your attention