The Gemini Project. Jens Møller, Senior Project Manager May 26, 2016 Gemini Bankers Day

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1 The Gemini Project Jens Møller, Senior Project Manager May 26, 2016 Gemini Bankers Day siemens.com/wind

2 Presentation scope 1 The Gemini Project 2 What happens in general when a contract is signed and become operational 3 Initiatives/improvements implemented 4 Questions Page 2

3 Project Information Location and sourcing of the Gemini Project Site Information Location Aalborg Blades Brande Nacelles Vejle Offshore Competence Center Eisbjerg Pre-assembly Installation Port Page 3

4 Gemini The world s largest project-financed offshore wind farm 440 million in equity invested 60% Northland Power 20% Siemens Financial Services 10% HVC 10% Van Oord 130 m rotor diameter 150 wind turbines with a capacity of 4 MW each 63 m 1.8 m Technical Key Data 150 WTGs, type SWT (G4 platform) 15 years warranty contract LTP Each WTG: 4.0 MW, 130 m rotor In total a 600 MW power plant Targets Secure adequate project organization (skills/resources in time) Be realistic and open to new ideas/improvements Prepare well and in advance Manage Risks and Opportunities actively The wind park Gemini s importance to green-energy development 785,000 households With a capacity of 600 MW, the plant will produce 2.6 TWh annually 1.5 million people Twice as many inhabitants as in the Dutch capital of Amsterdam Challenges 2015 Weather conditions in the North Sea (WDT) New G4 turbine platform with ø 5.5 tower and 130 m rotor Project-financed à Inflexible/little room to maneuver (contract) Geographical setup (NL/DK) Compact time schedule Solutions/Success Criteria Satisfied customer Low number of HSE incidents Deliver on time/beyond of expectations Introduce of new methods for execution of the project Renewable energy production and clean energy supply Page 4

5 What happens when a contract is signed and becomes operational Today 1 Handover contract Transfer documentation from Sales and IT control September 2014 Detailed planning start 3 Setting up team and internal kick-off June 26, 2014 Kick-off Gemini/SWP February 4, 2016 Start Installation Project Closure: Early Budget, plan and schedule reviews and scrutinizing May 14, 2014 Commencement date November 2015 Pre-assembly start 5 Transfer account responsibility May 1, 2014 Contract signed November 2015 Planned delivery Ex Works of the 1 st turbine 6 Setup adm. systems/ finance SAP September st production date (turbines) 7 Agree communication with Employer/customer Explore Opportunities Page 5

6 Initiatives implemented on the GEM project (after contract signature) DP2 vessel implementation agreed with Employer Reduction of time from erection to power production. Business case: 12 days improvement Target more than 16 days earlier power production Investment à time reduction à early power generation maximize power production Page 6

7 Initiatives implemented on the GEM project (after contract signature) Video of DP2 operation from GEM project Investment à time reduction à early power generation maximize power production Page 7

8 Initiatives implemented on GEM project (after contract signature) Helicopter transfer of people from shore to offshore New setup à new procedures à new training à faster transfer à time cost savings Page 8

9 Initiatives implemented on GEM project (after contract signature) 3 Party agreement between Employer and Service and Siemens Wind Power on TETRA communication supply financial split (cost reduction for all parties and full benefit from start of installation) Page 9

10 Initiatives implemented on GEM project (after contract signature) Additional testing in Port of Esbjerg moving Offshore activities (risk and time) from offshore to onshore (time/cost reduction) Before Testing offshore Now Pre-Testing onshore using PC simulation Tower Nacelle Page 10

11 Initiatives implemented on GEM project (after contract signature) Relocation of some of the 500h service program from after start operation to production and pre-assembly phase Time/cost/risk reduction. Before: 4 men x 4 days off shore à Now: 1 day two men offshore Page 11

12 Initiatives implemented on GEM project (after contract signature) Optimize operations between Power Service and SWP project by Sharing resources/splitting tasks Sharing crew transfer vessels Staying on same accommodation vessel (hotel vessel/dp2) Using same spare part stock Using same communication platform Page 12

13 Any questions? Expected project completion - as per contract Platzhalter Bild Installation: 30. August 2016 Commissioning: 1 Oct Wind Farm Take Over: 25. Dec 2016 Project closure January 2016 Platzhalter Bild Page 13

14 Thank you very much for your attention Please, contact us for further information Jens Møller Senior Project Manager WP OF PM PRJ ROW Fiskergade 1 DK-7100 Vejle Phone: moeller.jens@siemens.com siemens.com/wind Page 14

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