ORIEL WINDFARM LIMITED

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ORIEL WINDFARM LIMITED

• Offshore Wind Energy
• Bringing Capacity to the Renewable Sector
• Brian Britton
• Renewable Energy Summit
• March 2009

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The bigger picture

• A time of revolution
• Economic and environmental issues
• The lessons from agri-food and tourism
• Playing to our strengths
• Meeting Irish and European energy needs

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Irelands Offshore Wind Resource

• Ireland potentially has one of the best
  offshore wind resources in the world.
• Load factors for offshore wind turbines average
  40

Blue gt10 m/sec Red 8.5 10 m/sec Yellow 7.5
8.5 m/sec Green 6.0 7.5 m/sec
Average Wind Speeds at 100m above Sea Level in
European Waters
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Why offshore is crucial to meeting targets

• Size of land area
• Risk of drop off of onshore projects
• Difficulty of grid connection for a large number
  of small projects
• Offshore brings scale 2,160 MW

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The German experience

• 4bn return on renewables investment
• 80,000 jobs, 11,000 in Emden Ost cluster
• Energy gt automobile industry

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Rosslare / Cork / Belfast 2012?
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Unlocking the potential of offshore wind

• REFIT pricing mechanism
• Streamlined consenting process
• A flexible grid meeting needs of offshore

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REFIT

• Price has been announced
• Movement on implementing a workable framework
  from Department
• Need for certainty on this issue for investors

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Oriel The Consenting Process

• Most challenging consenting process in Europe
• Community consultation was critical
• Lessons learned
• Need for greater clarity in the process
• Need for greater resources for Government
  Departments
• Companies in system must not be disenfranchised

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Grid interconnection

• Developing a grid for renewables
• Developing a grid for a European market
• Ireland an exporter of energy
• Interconnection the key

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Seeing the real potential

• A change of mindset - learn our lessons from the
  past
• Understanding the full potential of our resources
• Ireland A World leader