Masdar and Equinor inaugurate world’s first battery storage facility connected to an offshore wind farm

Peterhead, Scotland; June 27, 2018 – Masdar (Abu Dhabi Future Energy Company) and the Norwegian multinational energy company Equinor (formerly Statoil) have installed, and will soon begin testing, a new battery system designed to store electricity generated by Hywind Scotland, the world’s first commercial-scale floating wind farm.
 
The battery storage solution is the first in the world to be connected to an offshore wind farm. The project is designed to evaluate the capabilities of advanced storage technologies to optimise the release of electricity from renewable energy plants to transmission grids – from both a technical and commercial perspective.
 
Deployed at an onshore substation, the battery system known as “Batwind” has a storage capacity of 1.2 megawatts, equivalent to the battery capacity of more than 1.3 million iPhones. By helping to mitigate peaks and troughs in production, the project aims to maximise the commercial value of Hywind Scotland’s electricity output.
 
Following the successful installation of Batwind, Masdar and Equinor will now explore how the new storage solution can be utilised to improve the operational and cost efficiency of other wind farms – to open up new commercial opportunities in an expanding global wind power market.
 
Bader Al Lamki, Masdar’s Executive Director for Clean Energy, said: “Energy storage is vital to unlocking the full potential of renewables by mitigating the variable nature of wind and solar power. Batwind will help us to understand how we can deploy this new technology in future projects, both in solar power and wind power plants.”
 
“Batwind exemplifies how we at Masdar are moving forward with our partners, through innovation and collaboration, to bring commercially viable solutions to the renewable energy sector,” Al Lamki added.
 
According to a recent International Renewable Energy Agency (IRENA) report from last October the cost of installing battery storage systems could fall by two-thirds (66%) by 2030. Masdar has played a key role in developing energy storage solutions as part of its commitment over the last decade to advance commercially viable clean technologies. An example is the Gemasolar concentrated solar power (CSP) project in Spain, the first in the world to use molten salt thermal storage and able to generate electricity 24 hours a day.
 
Operational data from Batwind will be assessed based on the weather, market prices and consumption patterns to create an intelligent and optimised storage system.
 
“The variability of renewable energy can to a certain extent be managed by the grid, but to integrate even more renewables, we will need to find new smart solutions for energy storage to reduce system integration costs and provide firm power,” said Hywind Development Manager, Sebastian Bringsvaerd. “How to do this in a smart and value creating way is what we are aiming to learn from Batwind.”
 
The Hywind Scotland wind farm was inaugurated in October 2017. Masdar holds a 25 per cent stake in the project while Equinor owns the remaining 75 per cent. The wind farm is made up of five 6-megawatt (MW) turbines floating 25 kilometres off the coast of Peterhead in northeast Scotland.
 
With an installed capacity of 30MW, Hywind Scotland supplies approximately 6,600 homes and displaces 63,000 tonnes of carbon dioxide emissions annually.
 
The project is Masdar’s second offshore wind partnership with Equinor, after the Dudgeon Offshore Wind Farm in the English North Sea. Combined with London Array, currently the world’s largest offshore wind farm in operation, the projects bring the total capacity of the UK renewable energy projects in which Masdar is an investor to over 1 gigawatt (GW).
 
Since 2006, Masdar has invested in renewable energy projects with a combined value of US$8.5 billion; the company’s share of this investment is US$2.7 billion. Besides the UK, Masdar’s renewable energy projects are located in the UAE, Jordan, Mauritania, Egypt, Morocco, Montenegro, Serbia and Spain. The electricity generating capacity of these projects, which are either fully operational or under development, is around 3 gigawatts (GW) gross.
 
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About Masdar
Masdar is Abu Dhabi’s renewable energy company which works to advance the development, commercialisation and deployment of clean energy technologies and solutions. The company serves as a link between today’s fossil fuel economy and the energy economy of the future. Wholly owned by the Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, Masdar is dedicated to the United Arab Emirates’ long-term vision for the future of energy and water.
 
About Equinor
Equinor, formerly Statoil, is an international energy company with 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.
 
Contacts:
Tel enquiries in Arabic: +971 2 653 3333
Tel enquiries in English: +971 2 653 6014
For more information please visit: http://www.masdar.ae and connect: facebook.com/masdar.ae and twitter.com/masdar
 
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Speakers Announced for the GDA International Downstream Conference and Exhibition

Experts in the downstream industry come together as panelists at the GDA Conference and Exhibition from 23rd – 25th October at Bahrain International Exhibition & Convention Centre

Dubai, UAE, June 11, 2018: The GDA International Downstream Conference and Exhibition, launched by the Gulf Downstream Association (GDA), is the largest downstream conference and exhibition of the year. Under the patronage of His Royal Highness Prince Khalifa bin Salman Al Khalifa, Prime Minister, Kingdom of Bahrain, the GDA Conference 2018 will be held from 23rd – 25th October at the Bahrain International Exhibition & Convention Centre in Manama.

The theme of this three-day event is “Towards a Competitive Downstream through Innovation, Collaboration and Technology”. The conference expects to host 4500 attendees and 150 exhibitors, all with the sole purpose of strengthening the downstream industry and capitalizing on the available
opportunities.

Panelists at the Conference: The GDA International Downstream Conference and Exhibition boasts of a high caliber of panelists who are experts in the downstream industry and can offer deep insights into the industry and what the future holds. Panels at the conference include intense discussions regarding the role of innovation, collaboration, and technology in the future of the downstream industry.

Panel Discussion – Future of Fuels: This session will discuss the future of the downstream business with a focus on the products demand, economics, and the outlook. The session will aim to share different opinions from refiners, consumers, technology providers and regulators on the future of downstream. Prominent speakers at this panel include Jean-Jacques Mosconi, Senior Vice President Refining & Petrochemicals, TOTAL; Rebecca Liebert, President & Chief Executive Officer, Honeywell UOP and Suleman A. Al-Bargan, Vice President Domestic Refining & NGL Fractionation, Saudi Aramco.

Panel Discussion – Future of Energy: This session will focus on the future of the energy demand and new technologies that will impact the downstream business. The session will aim to highlight the latest development in the future of the energy mix in the world and in the GCC and its impact on downstream. Prominent speakers at this panel include Dr. Sun Xiansheng, Secretary General, International Energy Forum (IEF).

Panel Discussion – Future of Margins: This session will discuss the future of the refining margins and how to maintain competitiveness in the future environment. The session will provide insights into the characteristics of profitable facilities, integration and upgrade options, digitalization and benchmarking with other regions. Prominent speakers at this panel include Charles J. Reith Jr., Chief Executive Officer, Solomon Associates; Norm Gilsdorf, President Middle East, Turkey, Russia, Central Asia, Honeywell UOP and Mr. Othman Al-Ghamdi, Chief Executive Officer, S-Oil Corporation.

Roundtable – Human Capital: This session will focus on current challenges and best practices in acquiring and developing talent in downstream. The discussion will also highlight the collaboration between Academia, Research and Development with downstream business. Prominent speakers include Dr. Prof. Riyad Yousuf Abdulaziz Hamzah, President, University of Bahrain; Mr. Nooruddin Ahmed, Co- Founder, CERTERO Business Corporation and Mr. Suleyman M Ozmen, Vice President Downstream Licensing (Retired), Shell Global Solutions International.

About Gulf Downstream Association (GDA): GDA is a non-profit organization with the vision to catalyze the strong and sustainable growth of the downstream industry. GDA was established in the Kingdom of Bahrain in August 2016 by the Cabinet decree. The Gulf Downstream Association (GDA) is established by its founding members – Saudi Aramco, Kuwait Petroleum International (KPI), Bahrain Petroleum Company (BAPCO), Kuwait National Petroleum Company (KNPC) and Abu Dhabi National Oil Company (ADNOC).

GDA’s mission is to provide a platform for sharing knowledge, experience and best practices. This is achieved by becoming a premier association in the region that connects the downstream companies, technology and service providers, consultants, professional entities, governmental organizations, academic institutions and experienced retirees. GDA is located at Bahrain Financial Harbour, Manama. For more information, contact +973 1711 6000 or visit the association’s website at www.gda.org.bh

For exhibition registration related inquiries, please contact the Sales Team via phone at +971 4427 0739 or email [email protected]. Visit www.gdaconference.org for more information