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Dave Cole

Dave Cole

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Posted by on in Renewable Energy Blog

As every Autumn draws to a close, it heralds the three day Renewable UK annual exhibition and conference, which this year took place in Birmingham at the NEC.

David Elliot-Rose and Dave Cole arrived at their hotel towards the end of the Monday afternoon and after a late lunch, went to set up their stand.

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Posted by on in Renewable Energy Blog

As Nsure arrange insurance for the four operating turbines on the Scottish island of Gigha this item is of particular interest.

The island is exploring the potential of being involved with a £2.5m development aimed at solving a well-documented issue - how to store energy generated by renewable energy sources. The proposed project will involve installing huge batteries containing 75,000 litres of sulphuric acid mixed with vanadium pentoxide; the intention is to allow power generated by the island's wind turbines to be stored for later use.

While the island's turbines are running, their power is used to run households on the island and any excess is transmitted by cable to the mainland electricity grid. When winds are low, and Gigha's turbines do not turn, the grid feeds power to the island. However, the existing cable link has an upper power limit. Consequently, much of the island's excess power is wasted as this cannot be transmitted to the mainland grid. The project, backed by the Department of Energy and Climate Change, is intended to get round this problem.

One crucial point is that these batteries will be able to be used over and over again, and the islands and remote highland regions have immense potential for generating power from a variety of renewable energy sources. However, because suitable grid infrastructure is not in place and would be immensely expensive to upgrade or replace, comparatively, battery storage systems could help.

The concept is not new, although the size and scale of the use of battery storage is increasing. In August 2013, the Isle of Orkney recently powered up the UK's first large scale grid battery, being a new 2MW lithium ion battery which will help to balance grid and support renewable energy on the Scottish island.

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New insurance products are always being developed to react to potential risks faced by owners and developers. For example, a reduction in yield can have a significant impact on a solar installation's financial performance which may not be as a result of any damage suffered. As a leading provider of insurance products for the renewable energy sector, Nsure Renewables help companies to better manage the impacts a reduction in yield can have on business.


Nsure's SolarPlus product provides cover for reduction in expected yield due to an installation's under performance, without the need for proof of negligence or defectiveness to trigger coverage for revenue losses.
SolarPlus provides cover for reductions in yield when production falls as a result of, for example, inclement weather, temporary sky obstructions, smoke, or volcanic ash clouds.

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Posted by on in Renewable Energy Blog

The heavy horses have been back on Gigha in recent times, working the land like they had done in years past. Neil McPhail and Michael Mayberry of Skernish were at the site of Gigha 's new wind 330kw turbine, carrying out re-instatement works on 3km of 11kV underground cables that were laid in January 2013. Whilst the bulk of the work had been carried out by tractor, the final stages were left in the capable hands of Tommy and Poacher – the award winning Skernish Clydesdales.


Gigha Green Power Limited (GGPL) is a community-owned company that are installing a 4th turbine on Gigha, providing more income to the island for all its future projects such as it Housing Improvement Project.

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Posted by on in Renewable Energy Blog

Hiring a Crane? Some points to be sure of.....

Nsure Renewables, specialist insurance brokers to the renewable energy industry, have been involved in the insuring of wind farms both in construction and operation for over 15 years, and are often asked about crane hire and the inherent risks involved from an insurance perspective. The answer really stems from the decision by you or your company as to which type of hire agreement is likely to be entered into.

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Posted by on in Renewable Energy Blog

Nsure Renewables client, Cleanwind Ltd, formed in 2009 to meet the demand for experienced technicians in the wind industry, has experienced significant growth.

Amongst many other services, Cleanwind currently provide blade cleaning teams throughout the UK and Southern Ireland to tackle the on-going issue of dirty blades, nacelle's and tower sections. Their cleaning practices ensure that all damage concealed behind years of operational dirt, grease and algae growth is disclosed and reported back to clients.
"We work hard to ensure we use cleaning agents which best suit the environment, using the most environmentally friendly products available. We also work closely with our suppliers, who provide us with specifically designed washing units to meet our operational needs" explains co-owner, Paul Quinn.

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Pentland Road Wind Farm (Pentland) on the Isle of Lewis, Scotland, has been in construction since early Spring 2012. Nsure Renewables, specialist insurance brokers for the renewable energy industry, arranged all insurances for the £27 million project in conjunction with financing from the Co-Operative Bank, and, as with every wind farm has proved to be demanding in more ways than one.

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As wind energy capacity in the UK continues to grow, days with a lack of wind can have a significant impact on industry and the financial performance of individual companies.

Nsure Renewables, specialist insurance brokers to the renewable energy industry, have looked to the Met Office to use its expertise as a world leading provider of weather and climate services to help companies manage the impacts of low wind.

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Posted by on in Renewable Energy Blog

By virtue of their location, most large-scale wind farms are pretty remote, making theft a real concern.

 

Security of any renewable energy project is a task that typically goes hand in hand with maintaining the assets and assuring high availability for the project owner. Unfortunately, thieves and vandals can directly impact the success of a project during and after construction, which could diminish the potential profitability of a project, as repairs and replacements must be made.

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Bonds - Construction and Engineering Industries


Essentially, bonds are designed to provide third party protection to employers against loss or damage suffered as a result of breach of contractual obligations by a contractor.

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