Adding Renewables to Oil and Gas Facilities: Challenges & … · 2019. 4. 4. · Adding Renewables...

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NOVOTEL LONDON WEST • LONDON, UNITED KINGDOM • 2-4 APRIL 2019 Adding Renewables to Oil and Gas Facilities: Challenges & Opportunities Peter Tipler Renewables Director, Xodus Group

Transcript of Adding Renewables to Oil and Gas Facilities: Challenges & … · 2019. 4. 4. · Adding Renewables...

Page 1: Adding Renewables to Oil and Gas Facilities: Challenges & … · 2019. 4. 4. · Adding Renewables to Oil and Gas Facilities: Challenges & Opportunities ... o Diversification Overview

NOVOTEL LONDON WEST • LONDON, UNITED KINGDOM • 2-4 APRIL 2019

Adding Renewables to Oil and Gas

Facilities: Challenges & Opportunities

Peter Tipler

Renewables Director, Xodus Group

Page 2: Adding Renewables to Oil and Gas Facilities: Challenges & … · 2019. 4. 4. · Adding Renewables to Oil and Gas Facilities: Challenges & Opportunities ... o Diversification Overview

© M C E D e e p w a t e r D e v e l o p m e n t a n d G u l f Q u e s t L L C

• New Challenges & Opportunities

o Energy efficiency

o Energy generation

o Electrification

o Energy transport

o Energy storage

o CO2 neutral hydrocarbon extraction?

• Innovation

o Requirement, not a nice to have

o Has to be cost competitive

• Standardisation

o Where we can

• Global Influences

o Politics & the Paris Agreement

o Rising populations

o Societal expectation

o Electrification

• Industry Response

o Increase energy production

o Reduce emissions

o Diversification

Overview & Context

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Global Influences

Industry Response

New Challenges & Opportunities

Innovation

Standardisation

What does this Energy Transition

mean to us?

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© M C E D e e p w a t e r D e v e l o p m e n t a n d G u l f Q u e s t L L C

International Energy Companies: Challenges they face

7. Affordable & Clean Energy

9. Industry Innovation & Infrastructure

12. Responsible Consumption & Production

13. Climate Action

17. Partnerships for the Goals

• Environmental expectation

• Political expectation

• Society expectation

• Employee expectation

• Contractor expectation

• Shareholder expectation

3Key Areas for Oil & Gas have been mapped to the UN

Sustainable Development Goals (SDGs) (IPIECA - IFC - UNDP 2017)

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Case Study: Floating Wind + Facility Life Extension

The opportunity:

• Client (confidential) aims to reduce emissions offshore:

o Replace generation with new, more efficient equipment?

o Maximise energy from renewable sources?

o Find an optimal arrangement to guarantee continuity? (e.g. % fromrenewables, import/export cable,hybrid solution)

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Case Study: Floating Wind + Facility Life Extension

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• Provide enough energy to meet the annual consumption

• Consider the natural weather variability

• Provide enough power at peak demand

• Capture efficiency (oversupply/undersupply)

• How do we store the energy?

• Can we release enough power from the stored energy?

The challenges:

Page 6: Adding Renewables to Oil and Gas Facilities: Challenges & … · 2019. 4. 4. · Adding Renewables to Oil and Gas Facilities: Challenges & Opportunities ... o Diversification Overview

© M C E D e e p w a t e r D e v e l o p m e n t a n d G u l f Q u e s t L L C

Case Study: Floating Wind + Facility Life Extension

Key feasibility elements:

• Assessment of facility power demand (profile and magnitude)

• Energy yield analysis and turbine sizing e.g. (6 MW, 8 MW, 10 MW)

• Constraints mapping.

• Meeting 100% of peak demand 100% of the time? Or offsetting generation?

• Hindcast analysis of synchronised energy supply / demand trends and storage buffering efficiency

• Cable routing and tie-in to the existing facilities

• Operation and maintenance factors (i.e. power management, maintenance, access windows)

• Suitability of different floating structures

• Outline CAPEX and OPEX

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Page 7: Adding Renewables to Oil and Gas Facilities: Challenges & … · 2019. 4. 4. · Adding Renewables to Oil and Gas Facilities: Challenges & Opportunities ... o Diversification Overview

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Case Study: Floating Wind + Facility Life Extension

Outcomes:

• Extremely high capacity factors (70-80% in winter months)

• Wind vs. demand needs further analysis

• Peak power (start-up) + base energy load = critical

• Export cable opportunity

o Reliable power management

o Revenue generation

• Smooth with other renewables on infrastructure

• Re-focus – why are we doing this?

o Maximise opportunities for CO2 reductions

o Opportunity is there

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© M C E D e e p w a t e r D e v e l o p m e n t a n d G u l f Q u e s t L L C

So what are the opportunities now, for our future?

• Portfolio level approach

• Renewable power generation is feasible

• technical + commercial innovations can help

• Relationship with other industries

• power generators

• energy users

• Low carbon technology integration concepts

• Solar + wave + tidal + wind + …

• Remote monitoring

• Deepwater tie backs…

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© M C E D e e p w a t e r D e v e l o p m e n t a n d G u l f Q u e s t L L C

Thank you

Peter Tipler

Renewables Director

[email protected]

www.xodusgroup.com