It was an inspiring two days at the IWEA Spring Conference 2019. We were particularly encouraged by the speakers who spoke clearly about some of the great opportunities that face our sector. Here are some of the key opportunities we took away from the event

Future Trends

One of the event highlights was the session chaired by Garry Connolly regarding opportunities in renewables towards 2030. Here are three of the major trends identified, that offer windfarm owners a reason to be optimistic for the growth of the industry out until 2030:

• New turbine technology centred on big data that will act as smart machines, self-correcting and therefore reducing maintenance costs
• The continuing transition from privately owned windfarms to more public windfarm ownership from pension funds and publicly quoted companies
• The inexorable shift to electrification of heat and transport

Off Shore Opportunities

Offshore was a particular area of focus on Day Two. It was exciting to hear Eamon Ryan speak of the opportunity for Ireland to try to regain the position we had fifteen years ago as a world leader for offshore wind.

“We should lead out the offshore grid initiative . There is a huge export opportunity here. We need 5GW in the Irish sea and 15GW in the rest of our waters”

Communication

At the conference it was brought up that in addition to climate change, we also have an opportunity to emphasise on the health benefits to drive acceptance. The case last year in New Ross highlights the opportunity for our industry to communicate about our role in clean air and national health.

https://www.independent.ie/irish-news/air-pollution-in-irish-town-worse-than-beijing-expert-warns-36458809.html

https://www.wexfordcoco.ie/environment/air-water-and-noise-pollution/air-pollution/air-quality-monitoring

Government Support

Hildegard Naughton, chair of the Oireachtas committee on climate action, spoke of the governments support for the 70% renewable electricity by 2030 target. This indicates it is more likely to be part of government action plan which will make it more likely that this target will be achieved and growth of our industry will be supported at governmental level.

Overall, there are plenty of us to feel optimistic about the future. While there are a lot of pressures on prices and challenges over the next number of years, there is also a lot to look forward to!

Here are some of our top tips for Windfarm Owners: 

1. Beware market meter readings

Keep an eye on any differences between your SCADA meter reading and what’s being issued through the market, particularly during grid outages. There have been a number of issues already, and it’s important that the market is notified, through your trading partner, to ensure that you’re not missing out on revenue.

2. Keep detailed records

Put all your trader availability notification records in a searchable database so that you can easily query what was submitted by what time in response to any issues raised by traders. 3. Visualise your data We’ve found visualising upcoming outages, forecast production and real-time production on a single line graph gives a very handy quick reference for windfarm managers, and helps to increase the accuracy of our availability predictions.

Download our this as a one pager pdf here Top Tips 1 Page PDF

4. Get your availability forecasts in on time

Penalties for inaccurate availability forecasts can range from the difference in Day Ahead Market rate to Balancing Rate, to a fixed additional penalty fee per megawatt hour. It’s important to mitigate this risk by being accurate with your return-to-service time prediction, and by submitting your annual, monthly and daily predictions on time. Our GenWatch Availability service can do this for you by combining l a knowledgeable operator available 6am to midnight, 7 days a week, to estimate turbine down times with  an automated system to ensure that notifications are sent to the trader by the appropriate times.

5. Set up automated alerts for data failures

Once you’ve set up your live data feed to your trader, set up automated email alerts when the feed goes down, allowing you to react in time and deal with the issue before you start getting penalties for not providing live data.

In addition, it’s worth considering an automated failover to a secondary communications link, or a continuous secondary live feed of data from your ESB meter. At EnergyPro, we’ve set this up on a number of windfarms so far – please get in touch if you’d like help setting this up on your windfarm.

6. Keep an eye on your trading partner’s trading strategy

This is important for two reasons: Firstly, given that many PPAs are for 12-18 months, it is a good idea to track your trader’s performance in order to allow you to make an informed choice when the PPA needs to be renewed. Secondly, in certain situations, compensation for dispatch down events is only available for the volume of power your trading partner traded in the Day Ahead and IntraDay markets. Ensuring an appropriate level of trading in these markets means you don’t miss out on this dispatch down compensation.

Our GenWatch Shadow Trading Analysis service provides ongoing analysis which might be useful to monitor this. If you’d like to discuss any of the above, please contact Ronan on 059 865 0116 or ronan.omeara@energypro.ie.

About EnergyPro Asset Management
About EnergyPro Asset Management EnergyPro Asset Management are Ireland’s largest indigenous windfarm management company, operating 14 windfarms across Ireland for a variety of owners, ranging from large international investment funds, such as Greencoat Renewables and Greystone Infrastructure Fund, to individual windfarm owners. Over the past 20 years, we’ve seen practically all that can happen on a windfarm, allowing us to deliver a solution focussed, hassle-free service for our customers.

If you’re interested in an asset management partner or would just like support on a particular issue, please call Ronan or Sheila on 059 865 0101, contact us via email at ronan.omeara@energypro.ie / sheila.layden@energypro.ie, or call into our offices in Athy, Cavan or Cork.

Testimonials
“We’ve been using EnergyPro’s GenWatch service at ABCDEF Windfarm since the start of iSEM. For us, it’s been brilliant. It takes away all the hassle of dealing with trader notifications, and worrying about how much we’ll potentially lose in penalties if there’s an outage over a weekend or during the holidays. I highly recommend it”

We are looking to add a strong accounts technician to our team on a part-time basis (circa 20 hours per week) for a 3 month contract initially with a view to being extended or made permanent.

Primary Responsibilities:

• Processing invoices
• Making Bank Payments
• Reconciling accounts
• Data entry

Required Attributes:

• Excellent attention to detail
• Excellent numerical skills
• Prior experience working as an accounts assistant/accounts administrator
• Excellent Microsoft Excel skills

Preferred:

• Experience in Sage accounting software would be a distinct advantage
• Payroll experience would be a distinct advantage

Competitive salary on offer commensurate with experience.

To apply, please email your CV in confidence using the subject line “2018 Accounts Technician”.

Please submit applications by 5pm on Friday 17^th August 2018

Unfortunately, we will not accept any applications from recruitment agencies. We request that candidates please apply directly.