16 January 2009

Blyth Windfarm Connected

The Newcastle Journal reports, Blyth windfarm back in action after three years.

"THE UK’s first offshore wind farm in Northumberland is back up and running after three years out of use.

The 4MW offshore wind farm off Blyth has been out of action after the export power cable was damaged by the rocky conditions on the seabed.

E.O N explains that the project cost GBP 4 million. As yet, it isn't clear how much revenue has been lost during the three years that the projected has been disconnected. Both the price of electricity, the price of Renewable Energy Certificates and the amount of energy that could've been generated by the turbines isn't easily accessible.

The British Wind Energy Association (BWEA) reports, "Eligible renewable generators receive Renewables Obligation Certificates (ROCs) for each MWh of electricity generated. These certificates can then be sold to suppliers, in order to fulfil their obligation. Suppliers can either present enough certificates to cover the required percentage of their output, or they can pay a ‘buyout’ price for any shortfall. All proceeds from buyout payments are recycled to suppliers in proportion to the number of ROCs they present. The buyout price is set each year by Ofgem, and in 2007/08 stands at £34.30/MWh,and ROC trading is administered by Non-Fossil Purchase Agency Ltd.".

Using this figure and working through we have 34.30 x 24 x 365 x 4 = GBP 1,201872 per year.

Was it really so hard to connect a cable?

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