|Category||Port Management & Operation, Renewables, Valuation & Transaction|
The Dutch government has expressed the ambition to highly increase the generation of sustainable energy over the following decades. In a densely populated country such as the Netherlands, on shore development locations are scarce. An option is found in the outer ring of the recently developed port expansion Maasvlakte 2. To source and contract a wind operator requires a complex process of technical and environmental integration as well as financial justification in order to assess viability of the plan. The Rotterdam Port authority contributes to enlargement of the wind energy production capacity in the Rotterdam port and industrial area (HIC) with 150MW, subject to sustainability objectives as put down in the Wind-covenant 2009, the Port vision 2030 as produced in 2011 and as contribution to the National ambition to triple the ‘wind on land’ production from 2.000 MW in 2010 to 6.000 MW in 2020. A critical element is the integration of a Windpark on the outer ring of Maasvlakte 2, with expected production of apporx. 100 MW. During preparation it occurred that this integration brought about major challenges concerning safety risc as well as commercial limitations with regard to both Maasvlakte 2 and the Windpark itself. StigΔ was associated as both project manager and transaction advisor on behalf of the Port of Rotterdam authority.