SIMEC Atlantis Energy Limited Successful Decommissioning of SeaGen
July 26 2019 - 2:00AM
RNS Non-Regulatory
TIDMSAE
SIMEC Atlantis Energy Limited
26 July 2019
26 July 2019
SIMEC ATLANTIS ENERGY LIMITED
("Atlantis")
Atlantis Successfully Decommissions 1.2 MW SeaGen Tidal System
in Industry First
SIMEC Atlantis Energy Limited, the global developer, owner and
operator of sustainable energy projects, is pleased to announce
that it has successfully decommissioned the SeaGen tidal turbine
support structure in Strangford Narrows, Northern Ireland. This
marks the completion of the 1.2MW SeaGen tidal stream energy
project lifecycle and is the first commercial scale tidal turbine
development to be fully decommissioned.
Specialist UK-based marine business Keynvor MorLift ltd. (KML)
was appointed as the Principal Contractor to carry out the
decommissioning engineering, planning and offshore works. The final
major lift operations included the rigging, cutting and lifting of
the over 500 tonne structure by KML which was safely and expertly
executed at Strangford Lough.
The surface piercing tidal SeaGen system was installed in 2008
and became the world's first commercial scale, electricity
generating, grid connected tidal stream project. It exported over
11.6GWh of power during its useful life and the lessons learned
from the project have underpinned both present and future global
tidal turbine development whilst helping to shape the success of
MeyGen, the world's largest multi-megawatt tidal stream array.
MeyGen has now exported circa 19GWh of electricity to the national
grid and its total system availability, a key performance metric,
is approaching 90% for 2019 to date.
The first phase of decommissioning SeaGen started in May 2016
with the removal of the system's two 600kW Powertrains. In August
2018 the topsides and crossbeam were removed, and final works were
completed with the successful removal of the remaining tower and
subsea structure.
Tim Cornelius, CEO of SIMEC Atlantis Energy, commented:
"SeaGen's successful decommission represents a major milestone
moment for the tidal power industry. Not only has it validated the
complete project lifecycle of a tidal stream energy development,
moreover, we have done so with a tidal stream project of full
commercial scale, that was connected to the grid. I would like to
pay tribute to the skill and expertise of the team at Atlantis and
at Keynvor MorLift for delivering this truly impressive feat of
engineering."
Enquiries:
SIMEC Atlantis Energy Limited via FTI Consulting
Tim Cornelius, Chief Executive Officer
Andrew Dagley, Chief Financial Officer
Cantor Fitzgerald Europe (Nominated
Adviser and Joint Broker) +44 (0)20 7894 7000
Rick Thompson
Richard Salmond
David Porter
J.P. Morgan Cazenove (Joint Broker)
James Deal
Michael Wentworth Stanley +44 (0) 20 7742 4000
FTI Consulting +44 (0)20 3727 1000
Ben Brewerton
Alex Beagley
Molly Stewart
Notes to Editors
SIMEC Atlantis Energy
SIMEC Atlantis Energy is the global developer, owner and
operator of sustainable energy projects with a diverse portfolio of
more than 1,000 megawatts in various stages of development. This
includes a 77% stake in the world's largest tidal stream power
project, MeyGen, and 100% ownership of the 220MW Uskmouth power
station conversion project
www.simecatlantis.com
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END
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