Asset Life Optimisation Forum


Day 2 - Wednesday 28 February 2018

08:30

Registration And Refreshments

09:00

Chair’s Opening Remarks

Chris Smith,  Generation And Asset Management Director, RES Group

Life Cycle Optimisation And Getting Return On Your Investment

09:15

CASE STUDY: Getting Maximum R.O.I And Optimising The Future Cash flow Of Your Investments

  • Calculating whether a particular upgrade retrofit or life extension is worthwhile

  • Ensuring a return on investment from a life extension

  • Understanding the benefits of repowering or extending life earlier

  • Proving the costs benefit analysis of investment decisions based on extra availability and profitability gained from the decision

  • Maintaining high returns by knowing when to invest and optimise performance for increased profits

  • Properly estimating the wind farm maturity point to sync the service and maintenance contracts involved

  • Upgrading your cash flow management by pre-empting tariff markets in other countries and decommissioning early

  • Forecasting subsidy windows and including this in your future cash flow projections

Joe Berry, Partner, Boron Yield

09:45

PANEL: Increasing Output Whilst Increasing Life: Making Every Choice A Strategic One For The Life Of Your Asset 

  • Timing all your operations correctly for greater financial benefit and minimal downtime

  • How do different levels of erosion affect you financially and when is the optimal time to step in and take action?

  • How everything from the finance, to CAPEX, OPEX, operations and even cash flow can be optimised from a business perspective

  • Creating synergies with minimum variance in components across your portfolio using economies of scale

  • Calculating when to sweat your assets once they reach maturity

Chair:  Chris Smith,  Generation And Asset Management Director, RES

Panelists:

Geoff Hoffheinz, Technical General Manager, Glennmont Partners 

David Robb, Director of Optimisation Services, Wood

Keir Harman, Director - Asset Operations & Management, DNV.GL

10:30

Networking Break And Morning Refreshments

11:00

The Root Map To Asset Optimisation Approach: Empowering Owners To Be More Informed About Optimising their Assets 

  • Bridging the gap between wind turbines technology and wind farm owners/operators
  • Using pre and post construction data in combination with turbine technology knowledge to achieve operating goals  
  • Determining residual life and assessing the options available based on the results
  • Selecting and implementing optimization measures like Wind farm control
  • Estimating costs and benefits of the measures to guide their implementation

Giuseppe Ferraro, Business Development Manager - Turbine Engineering Support, DNV.GL

11:30

Using Retrofitting, Upgrades And Blade Care To Increase Your Yields

  • Adding blade extensions/servicing various components to get better performance
  • What are the benefits of tip and rotor extensions? Is there a calculable R.O.I?
    • How to mitigate extra loads on turbine structure with new upgrades
    • Using lidar to assess the feasibility of certain upgrades
  • Maintaining your blades to the optimum standard and strategically choosing when to repair for best financial optimisation
  • What percentage increase can be gained from repairing/maintaining damaged blades?

Phil Alderson,  Senior Turbine Optimisation Engineer, RES Group

Determining Lifetime, Strategic Life Extension And Portfolio Management

12:00

Lifetime Extension: How To Calculate Wind Farm Remaining Useful Lifetime?

  • Why is this topic so important for all stakeholders in the wind industry?

  • Principles of the calculation : analytical & theoretical complementary approaches

  • Required input data and process: from design & wind farm conditions to damage equivalent load and remaining useful life

  • Importance of the uncertainty calculation

Pauline Levée Regional Business Development EMEA, UL 

12:30

Networking Lunch

13:30

Using Load Limiting Retrofits To Extend Wind Turbine Lifetimes 

  • Engineering Approach: Modifying the leading edge of blades to reduce fatigue and create extra production yield.
  • Strategic approach: How to use a retrofit to increase lifetime
  • Making the certification process easier
  • How these changes resulting in increased lifetime can also create less failure and down times for overall reduced OPEX expenditure. 

Achim Fischer, Managing Director, TEG 

14:00

The Need For A Greater Emphasis On Data To Achieve Masterful Analysis Of Your Portfolio

  • Using analytical tools to establish where that margin is for performance efficiencies

  • Modelling component degradation to forecast more accurate O&M costs

  • Creating partnerships with your software and analytical platform providers to get the information the way you specifically need it for your site

  • Using data initiatives such as WInD-POOL and the SPARTA project to benchmark your operations against the rest of the industry

  • How to create the commercial interest for OEMs in being more forthcoming with information

  • What do the IEC 61400 data standards recommend for asset management?

John Celliers,  Program Manager Digitilization Roadmap,  E.ON 

14:30

Forecasting For An Entire Portfolio And Developing KPIs For Optimal Results

  • Producing more energy and greater performance from your assets using better performance indicators

  • What power boost retrofits are available to increase yield and fix reliability issues?

  • Ensuring that the improvements measurable

  • Forecasting improvements from retrofits for investment

  • Using monthly reporting, 24/7 control centers and scada monitoring for a better flow of information on your asset

  • Creating synergies with minimum variance in components across your portfolio to reduce costs

  • What virtual models and software platforms are available for detailed information on each of your turbines and the wind farm as a whole?

  • Using monitoring software to create easy kpi’s and stay on top of your investment

Bart Hoefakker, Operations Manager, Gemini Wind Park

15:00

Chairman's Closing Remarks

Chris Smith,  Generation And Asset Management Director, RES Group

15:15

End Of Forum And Extended Networking Break 

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Contact

Contribute as a speaker?

Dominic Coyne, Conference Producer
e: dominic.coyne@haymarket.com
t:  +44 (0)20 8267 4208

Interested in sponsoring?

Warren Wilkinson, Account Manager
e: warren.wilkinson@haymarket.com
t:  +44 (0) 20 8267 4097

Group booking?

Hari T, Head of Delegate Attendance
e:
hari.t@haymarket.com
t:  +44 (0) 20 8267 4203