Energy Team Spring Briefing

17 April 2013

Windfarm

This briefing will focus on the following topics:

The recent decision on curtailment – overview of the decision and a legal perspective: Dorit McCann

The SEM Committee has finally published its long awaited decision on the treatment of curtailment in tie-break situations on 1st March 2013. The decision implements pro rata curtailment of all operational wind farms in dispatch and introduces an end date of January 2018 for payment of DBC compensation for curtailment.  Dorit will discuss the key components of the decision and its impact on wind farms.

The importance of joint ventures in renewables: Seán Mac Cann

Teamwork is at the heart of renewables.  Whether at a funder or operational level - or both - your ability as a company to get things done depends, not just on the skills and experience in your company, but also on how well you create and sustain working alliances with other parties.  Understandably, parties with complementary skills or financial or other resources tend to focus on the objective theoretical “fit” between their respective headline attributes.  However, the subjective aspect – making the alliance work at an everyday governance, cultural and operational level – is critical.  Lots of joint ventures underperform; quite a few fail entirely.  The good news is that time invested in shaping the structure will pay dividends (literally).  A successful JV may happen by accident, but it makes more sense to structure the workaday aspects of the JV in such a way that the chances of success are enhanced.  Seán will look at some practical governance and compatibility situations and the perennial JV issues of deadlocks, disputes and intellectual property.  

WHERE: The Private Dining Room, James Street South, 21 James Street South, Belfast

WHEN: Wednesday17th April 2013, 12noon – 2pm

RSVP: [email protected]

Or by phone to Stephen Maguire on 028 90 348 815 by Friday, 12th April 2013.

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