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Displaying items by tag: Welsh Wind Project

#HolyheadDeep -  Two Swedish-based companies have engaged in a joint project to invest in Wales’ transition to renewable energy.

Minesto and Stena Line will build an assembly hall in the Port of Holyhead, which Minesto will utilise in their upcoming rollout of the company's unique technology to generate clean electricity from the ocean.

Both companies have signed an agreement in which Stena Line has committed to building an assembly hall on their land at the north-west Welsh port. The assembly hall will be leased to Minesto and used for the upcoming rollout of Deep Green, Minesto’s unique technology for cost-effective electricity production from slowly flowing underwater currents.

Minesto’s first commercial power plant array will be installed in Holyhead Deep off the coast of North Wales. The joint-project companies invites the public for your opinion! so click here for more. 

The company recently announced plans to expand the project from 10MW to 80MW installed capacity. This expansion would allow Minesto’s power plants to supply as many as 80,000 Welsh households with locally produced, reliable and renewable electricity.

The assembly hall in Holyhead is a key part of this process, allowing both assembly and service and maintenance of the power plants to take place in the port.

“We are very pleased to have finalised this agreement with Stena Line. With its direct quay access for offshore transports to and from site we have secured a unique location that suits us perfectly. In the establishment of our technology, it is also crucial to work with professional and long-term partners such as Stena Line. We are two companies from Gothenburg, exploiting these ocean energy business opportunities together in Wales, which adds to the excitement”, says Dr Martin Edlund, CEO of Minesto.

Stena Line has been active in Holyhead for many years, as owner of the port and through operating five ferry routes between Ireland and the UK. 

“This investment creates value for Stena Line in several ways and demonstrates opportunities in port operations linked to ocean renewables”, says Björn Petrusson, Chief Commercial Officer at Stena Line. “Our sustainability strategy has a clear focus on clean energy so participating in the development of new renewable energy sources is natural to us. This investment is good for our business and is also an investment in a better future for all of us”, Björn Petrusson concludes.

The assembly hall is scheduled for completion in June 2017.

Published in Power From the Sea

Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!