During 2020, the renewable energy industry not only proved resilient but also saw a boost as wind and solar energy reached price parity with energy from other sources and renewable energy companies experienced a surge in investments.
Remote and digital services enabled us to deliver projects, mitigate uncertainty and adapt to changing conditions throughout the year. By using remote inspections, remote measurements and virtual site visits, our experts across the world could continue to help customers reduce emissions and accelerate the energy transition.
Hundreds of corporations worldwide have set goals to run their operations on 100% renewable energy. However, delivering on this commitment requires a more transparent way of sourcing energy from suppliers. DNV’s Instatrust provides a global marketplace for power purchase agreements (PPAs), connecting corporations committed to buying clean energy with suppliers of wind and solar energy.
In 2020, energy company Innogy, which has since merged with E.ON, announced it would make 13 wind and solar photovoltaic (PV) projects in its portfolio available to corporate energy buyers on the Instatrust platform. These projects amount to 770 MW of renewable energy from PV and onshore wind projects across seven countries. The deal signified the first major supplier listing on the Instatrust platform.
EDF’s wind farm in Canada was at a critical stage in its development. The project needed an independent inspection as due diligence to secure financing. However, strict travel restrictions put in place due to the COVID-19 prevented the monitoring and inspection teams from conducting the required quality assessment and due diligence on site.
To limit delays, EDF turned to DNV for help. We used our 20 years of experience in global wind and solar farm inspections and the remote inspection procedures developed by our Maritime and Oil & Gas business areas to create a virtual site visit procedure for wind and solar projects. A virtual site inspection of EDF’s facility helped the company to document progress and secure finance.
Floating offshore wind is an exciting new market expected to produce 2% of global power in 2050. The technology is still under development, as a floating installation is more complex than a fixed installation, with each change of turbine or blades affecting its stability and ability to float. Scaling the new technology will, however, hugely benefit the supply of energy to coastal cities with access to deep waters.
DNV is supporting customers in making floating offshore wind a viable renewable energy source. A statement of feasibility was awarded to Aerodyn Engineering for nezzy, its double rotor floating wind turbine concept. DNV checked to ensure that the new design meets state-of-the-art safety, quality and performance standards before providing the statement. This statement allows Aerodyn to secure investments and enter the next level of prototype development and helps to inspire confidence in the concept, crucial step in further developing the technology.
In 2020, DNV created the Australian Battery Performance Standard, that helps to assess which energy storage system is best suited to residential and smallscale commercial applications. The project was a joint initiative with leading Australian energy organizations, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), Deakin University and the Smart Energy Council. The adoption of the standard helps consumers to choose the battery best suited to their needs and empowers them to play their part in moving towards a cleaner future
GreenPowerMonitor (GPM), a DNV company that provides digital asset monitoring solutions for renewable power plants, proved its agility by offering remote commissioning in 2020. Commissioning, which includes the correct wiring of the elements to be monitored by GPM, involves the installation of hardware, usually by an engineer at a customer’s site. In the two months from March to April 2020 alone, the team successfully carried out 35 remote commissioning services worldwide. The service has demonstrated GPM’s ability to adapt quickly and to maintain the development of projects without any delays. This change has not gone unnoticed and in October 2020, GPM was ranked #1 in Wood Mackenzie’s “Global solar PV monitoring update 2020”, cementing its position as the leader in the renewables monitoring industry.
Problems in underground medium-voltage cable networks cause 70% of electricity outages and disrupt the energy supply to households. Smart Cable Guard locates and pinpoints faults and weak spots in cables to an accuracy of 1% within minutes to help utilities avoid disruption. In 2020, this system passed a significant milestone of monitoring 2,000 medium-voltage power cables. This equates to over 5,500 kilometres of mediumvoltage power cables of all types and ages.
After the company recently added customers in North America and Australasia, the technology is now deployed on all continents. This year, Smart Cable Guard enjoyed particular success in the Nordics, including a partnership with Swedish energy company Öresundskraft to bring smart cable monitoring technology to the Swedish power grid system. In Finland, Smart Cable Guard is being tested by the country’s thirdlargest electricity distribution company, Helen Electricity Network, as it invests in new ideas and procedures to benefit its 400,000 customers in Helsinki.