2. THE PROPOSALS
SPI approves the project of a joint-venture with the American partner WPA. The common controlled company, Wind Power
France Co. (WPFC), should be headquartered in Toulouse near SPI to reduce transport costs.
Important note : concerning the power plant specifications, we have chosen two possible scenarios, depending of the degree of
involvement that WPA is looking for. Please compare the two and make any comments. Each scenario includes a description of
the power plant, and some technical specifications. To avoid any misunderstanding, financial aspects should be discussed directly
with us on the Internet. Remember this document is just a proposal ; we agree to negotiate any term of the contract.
2.1. The Wind energy and the environment in France
⇒ General view : the potential market
The potential market is France at first (61 millions of people, about 23% of US population) then Europe (377 millions of people,
about 1.43 time the US population). The EU energy market is already liberalized but France keeps its monopoly until 2003. After
that, private companies will be granted the right to sell electricity to the 400 biggest French customers. Total liberalization is not
in project : France's energy market is controlled by a state-owned company, EDF ("Electricité De France" : Electricity of France),
whose employees work under the legal statute of civil servants. They are under the state's protection and are very strongly
opposed to a free market which would mean the end of their privileges (job warranty, no effort to adapt their offer to the client,
low priced energy for EDF employees, etc.). Consequently, WFPC can produce wind power but cannot sell it directly to the
customer : the law obliges to sell it to EDF, which must accept. The price is also fixed by law ; EDF has to buy electricity at 0.22
FRF per kWh. But it sells it to customers at 0.52 FRF per kWh : this comfortable margin and its monopolistic position allow EDF
to be one of the world's largest electricity producer. But the company currently does not use wind as a source of energy : 85%
comes from nuclear power and 20% from oil or gas. So EDF is not a competitor, but the only client and maybe a partner : it often
invests in NPE producers. France indeed has also a large number of small producers that operate hydro-electrical dams or solar
plants. For further information, see the web site : www.edf.fr .
⇒ Marketing analysis
Why do we want to become one of the most important European suppliers of electricity ?
The industry of the electricity asks for many investments, furthermore in France ( our basic market) EDF's monopoly checks any
will to attack there. Nevertheless we have the certainty which we shall be able to reach our objective.
A study of the International Agency of the Energy (an agency of the OECD) recommend in France to intensify the efforts for the
opening of the market, according to it " EDF is ready to face a more intense competition ", notably because ' " during the five
years which come, 37 of the nuclear reactors will be paid off, and will produce some electricity in a cost of extremely weak
exploitation ".
Of more the French government made recently the decision to accelerate the opening of the French market of the electricity: 2400
sites consuming 34 % of the electricity sold in France are going so to benefit from the liberalization. France goes more fast so than
what suggests her European law. Consequently we think that it is convenient for WPA to tap now in the French market.
Which are our forces on this market in transformation ?
⇒ Porter’s five forces
What are the forces driving electricity industry competition?
Potential
entrants :
WPA …
Suppliers
Market
Buyers :
EDF + 2400 sites
Subsitutes :
Solar energy
producers
Suppliers : they can exert bargaining power over participants in an industry by threatening to raise prices or reduce the quality of
purchased goods and services.
Buyers : compete with the industry by forcing down prices, bargaining for higher quality or more services.
⇒ WPA’s analysis : the value chain
WPA has a strong value chain, it controls all links of the chain.
Furnitures
R&D
Production
Marketing
Sell Dpt
customers
⇒ Our technology : life’s cycle
Introduction
Growth
Maturity
Decline
Nuclear
Wind power
Solar
Our technology is in growth, we can hope that the market will ask for more and more renewable energy.
What can we expect for the future ?
With the deregulation, EDF will be weakened. When we shall have made profitable our first site it will be necessary to multiply
our implantations in France, we should besides intensify our corporate communication to make known our brand and our
technology, notably with authorities but also with the large public. Due to the liberalization of the European markets we can also
intend to tap in the other markets, notably because France does not offer many geographic possibilities. Maybe shall be able to tap
us in the Spanish market in first, because it offers many possibilities.
As for EDF, we can suppose that it will be dismantled (as ATT in the American telecom). We shall be able to then, if financial
means allow it to us, to acquire them potential in the wind energy. It will also be necessary for us to intensify our R&D, to
improve constantly our tools, so we shall be able to face technologies.
⇒ Wind power and ecology
The production of electricity by wind mills doesn't contribute to the backing of the greenhouse effect (no dismissal of CO2 or
methane), to the acidic rains (no dismissals of sulfur or nitrogen), and to the production of loss poisonous or radioactive. The
production calls on materials and classics processes. Besides, a modern wind mill repays in less than 6 months of working the
energy that it was necessary to manufacture it and to install it.
The installation on the site is fast and don't generate any irreversible disruptions. Note that all project of wind power station must
be the object of a visual impact analysis (integration in the landscape), resonant and on the avifauna. Projects of more than 12
millions of francs must be the object of an authorized impact survey.
Concerning the resonant impact, wind mills give out a noise that has mainly for origin the slip of air on blades. A machine of
thick power (500 kW) produces an acoustic pressure level of about 50 dB(A) at 150 meters, either the equivalent of the noise in an
office. The noise decreases quickly when one moves away. A wind mill is generally inaudible at 400 meters. Formulas of
propagation are applied systematically at the time of studies of impacts and permit to anticipate all hindrance for the nearest
neighbors.
⇒ Reducing the investment : the subsidies
Companies can take advantage of financial assistance and tax incentives offered by the government, local authorities and some
industrials.
In order to obtain subsidies, the company must fulfil several conditions depending on :
• the geographical localisation
• the activities’ field,
• the number of jobs created…
The array below lists the financial assistance and tax incentives that can be expected for our project :
Subsidies/
Loans/Grants
PAT subsidy
(Prime Aménagement
Territoire)
PCRE subsidy
(Prime Régional à la
Création d’Entreprise)
PRE subsidy
(Prime Régional
l’Emploi)
Aids for
environmental
projects
Training
Assistance
Real Estate
subsidies
Objectives
Conditions
Amount
Organization
DATAR
Contribution to
region economic
development
- a minimum of 20 jobs created
- total investment > 20MF
- location : Brittany
- 70MF per new job
- The Pat subsidy must
not exceed 25% of the
investment
Support for
creation of
enterprise
- all sectors
- location : Brittany
- a minimum of 2 jobs created
- 3 to 6 jobs created :
150 000 FF
- more than 7 jobs :
200 000 FF
Regional
Authorities
Support for
employment
creation
- all sectors
- location : Brittany
- a minimum of 2 jobs created
The amount depends on
the location but must not
exceed 40 000FF per
jobs.
Regional
Authorities
Support for
enterprises with
environmental
issue
Assistance for
corporate training
program
to be negociated with the
ADEME.
To be negociated with
the ADEME
ADEME (Energy
Management Agency)
Government
(Labor Ministry)
Support for
creation of
enterprise
to be negociated with the local
authorities
Direct cost but also a
portion of the wages
paid to the employees
attending
To be negociated with
the local authorities. Can
reach 25% of the real
estate investment.
(Delegation for the
Accomodation of the
Territory and Regional
Activity)
Local Authorities
Regional
Authorithies
Loan
Support for
creation of
enterprise
- a minimum of 3 created jobs
- total investment > 500MF
Loan of 50 000 up to
600 000 FF with an
interest rate of 0%.
Contributions
exemption
Support for job
creation
All sectors
All location
Available two years after Government
the first hiring
Incentive
All sectors
Depends on the location
Not payable in full until
the third year.
Local authorities
Support for
creation of
enterprise
Depends on the assets
Accelerated rate of
depreciation can be
applied on certain assets
Government
(National Insurance
and employer
contributions)
Business Tax
exemption (Taxe
Professionnelle)
Reduction on
Corporate Income
Tax
In order to prevent distortion of competition within the European Union, the Comission has set limits on total public assistance
which vary according to the area concerned. In the areas shown in yellow on the map, the ceiling is 17% of investment in
property, plant and equipment and in the areas colored orange it is 25%
⇒ Planing of the project:
Feasible Study
30j
Site Prospecting
1j
Wind Potential Analysis
10j
Environmental Evaluation
8j
Preliminary Design
20j
Cost Evaluation
10j
Project Management
30j
Engineering
100j
Wind Mill Localisation
50j
Mechanical Design
100j
Electrical Design
100j
Civil Engineering
30j
Business Development
80j
Land owner Negociation
5j
Edf Contract Negociation
10j
Government authorization
30j
Supplier Negociation
5j
Financial Investment
50j
Project Development
65,17j
Wind Mill Delivery
0j
Road Construction
10j
Wire Installation
20j
Building's foundation
5j
Wind Mill Foundation
5j
Wind Mill Erection
5j
Building Construction
5j
assemblage mat/nacelle
5j
assemblage nacelle /helice
5j
Grid Connection
20j
Project Management
65,17j
Test
5j
Site Factory Acceptance
0j
Employees Training
5j
2.1.1 Aerodynamic Noise from Wind Turbines
⇒ Aerodynamic Sources of Sound Emission
When the wind hits different objects at a certain speed, it will generally start making a sound. If it hits the leaves of trees and
bushes, it will create a random mixture of high frequencies, often called white noise. The wind may also set surfaces in vibration,
as sometimes happens with parts of a building, a car or even an (engineless) glider airplane. These surfaces in turn emit their own
sound. If the wind hits a sharp edge, it may produce a pure tone.
⇒ Rotor Blade Sound Emission and the Fifth Power Law
Rotor blades make a slight swishing sound which you may hear if you are close to a wind turbine at
relatively low wind speeds. Rotor blades must brake the wind to transfer energy to the rotor. In the
process they cause some emission of white noise. If the surfaces of the rotor blades are very smooth
(which indeed they must be for aerodynamic reasons), the surfaces will emit a minor part of the noise.
Most of the noise will originate from the trailing (back) edge of the blades. Careful design of trailing
edges and very careful handling of rotor blades while they are mounted, have become routine practice in
the industry. Other things being equal, sound pressure will increase with the fifth power of the speed of
the blade relative to the surrounding air. You will therefore notice that modern wind turbines with large
rotor diameters have very low rotational speed.
2.1.2. Mechanical Noise from Wind Turbines
⇒ Mechanical Sources of Sound Emission
Mechanical noise, i.e. metal components moving or knocking against each other may originate in the gearbox, in the drive train
(the shafts), and in the generator of a wind turbine. Machines from the early 1980s or before do emit some mechanical noise,
which may be heard in the immediate surroundings of the turbine, in the worst cases even up to a distance of 200 m (600 ft.) A
survey on research and development priorities of Danish wind turbine manufacturers conducted in 1995, however, showed that no
manufacturer considered mechanical noise as a problem any longer, and therefore no further research in the area was considered
necessary. The reason was, that within three years noise emissions had dropped to half their previous level due to better
engineering practices.
⇒ Quieting Wind Turbine Gearboxes
Gearboxes for wind turbines are no longer standard industrial gearboxes, but they have been adapted specifically for quiet
operation of wind turbines. One way of doing this is to ensure that the steel wheels of the gearbox have a semi-soft, flexible core,
but a hard surface to ensure strength and long time wear. The way this is done is basically to heat the gear wheels after their teeth
have been ground, and then let them cool off slowly while they are packed in a special high carbon-content powder. The carbon
will then migrate into the surface of the metal. This ensures a high carbon content and high durability in the surface of the metal,
while the steel alloy in the interior remains softer and more flexible.
⇒ Structural Dynamics Analysis
When going by car, plane, or train, you may have experienced the resonance of different components, e.g.
how the dashboard of a car or a train window may amplify noise. An important consideration, which enters
into the turbine design process today, is the fact that the rotor blades may act as membranes that may
retransmit noise vibrations from the nacelle and tower. If you look at the chassis frame of the nacelle on some
of the large wind turbines on the market today, you may discover some odd holes which were drilled into the
chassis frame for no apparent reason. These holes were precisely made to ensure that the frame will not vibrate
in step with the other components in the turbine.
⇒ Sound Insulation
Sound insulation plays a minor role in most wind modern turbines on the market today, although it can be useful to minimize
some medium- and high-frequency noise. In general, however, it seems to be more efficient to attack noise problems at the source,
in the structure of the machine itself. It thus appears that noise is not a major problem for the industry, given the distance to the
closest neighbors (usually a minimum distance of about 7 rotor diameters or 300 m = 1000 ft. is observed). The concepts of sound
perception and measurement are not widely known in the public, but they are fairly easy to understand, once you get to grips with
it.
2.1.3. Birds and Wind Turbines
Birds are seldom bothered by wind turbines. Radar studies from Tjaereborg in the western part of Denmark, where a 2 megawatt
wind turbine with 60 meters rotor diameter is installed, show that birds - by day or night - tend to change their flight route some
100-200 meters before the turbine and pass above the turbine at a safe distance. The only known site with major bird collision
problems is located in the Altamont Pass in California. A "wind wall" of turbines on lattice towers is literally closing off the pass.
There, a few bird kills from collisions have been reported. Some birds get accustomed to wind turbines very quickly, others take a
somewhat longer time. The possibilities of erecting wind farms next to bird sanctuaries therefore depend on the species in
question. Migratory routes of birds will usually be taken into account when sitting wind farms.
2.1.4. Components and providers
⇒ Reasons for choosing smaller turbines
1.
2.
3.
4.
5.
The local electrical grid may be too weak to handle the electricity output from a
large machine. This may be the case in remote parts of the electrical grid with low
population density and little electricity consumption in the area.
There is less fluctuation in the electricity output from a wind park consisting
of a number of smaller machines, since wind fluctuations occur randomly, and
therefore tend to cancel out. Again, smaller machines may be an advantage in a
weak electrical grid.
The cost of using large cranes, and building a road strong enough to carry the
turbine components may make smaller machines more economic in some areas.
Several smaller machines spread the risk in case of temporary machine failure,
e.g. due to lightning strikes.
Aesthetical landscape considerations may sometimes dictate the use of smaller
machines. Large machines, however, will usually have a much lower rotational speed, which means that one large machine
really does not attract as much attention as many small, fast moving rotors.
⇒ Realization of the wind turbines
The market of the wind energy is in strong growth. One notes that the 3/4 of costs are bound to the wind turbine itself. While
taking a middle cost of the MW installed of 7 MF (45 MUSD), the wind turbine represent therefore about 5 MF (35 MUSD) by
MW. The wind turbine structure's costs is retailed below:
Wind mill
Road construction
Electricity
Lifting/transportation
Engineering
Total
75%
8%
10%
4%
3%
100%
All these components call on known and tried technologies can be achieved therefore in France. It represents a potential of
economic development, and of employment creation non negligible. Industrial kept for this project and that will be implied in the
integration of components are next one:
COMPONENTS
Blades
Hub
Gearbox
Generator
Rollings
Hydraulic group
Electricity
Nacelle and cover
Assembly
Various
Tower
Total:
⇒ Actors of the project
% (in value)
14%
3%
14%
8%
4%
8%
9%
8%
3%
5%
24%
100%
A wind project gathers different industrial actors organized around two main actors: the manufacturer (WPA) of the wind turbine
and the prime contractor (SPI).
The industrial component of a wind turbine project is bound to the narrow association between the manufacturer and the prime
contractor. Interests are reciprocal : new market opening for the manufacturer (WPA, from France), better restraint of the
technology for the prime contractor (SPI). It is preferable to have suppliers in its own country in case of problems. The basis
principle "At equivalent price, delay and guarantee, preference to the French industrial" will be applied for this project.
Industrials implied in the integration of components on the wind mills will be :
COMPONENTS
SUBCONTRACTOR
CMD
Gearbox
Generator
Leroy Somer
Tower
Petitjean
Nacelle
Canam
Breaks
SIME
Yaw drive and bearing
Rollix
French component percentage
TOWN
Cambrai
Beaucourt
Troyes
Yutz
Paris
Nantes
VALUE
17%
6.5%
21%
6.5%
2%
2%
55%
⇒ Service Department
The division and the increase of staff in the service team will be implemented in order to increase customer
focus in all areas. Beside the administrative staff service team will also counts many skilled technicians who
will take care of all service, maintenance and emergency calls for the WPFC wind turbines. The technicians
will always be ready to turn out rapidly in order to keep the WPFC wind turbines available 24 hours a day, 7
days a week, 365 days a year.
From the monitoring room in Toulouse, WPFC will also offer a 24 hours remote surveillance to
the customers in order to maximize the production and the availability of the wind turbines. All
the functions of the wind turbines will be monitored via PC and telephone modems and analyzed
by the service staff. Thus each vital component in the wind turbines will be monitored 24 hours a
day. By this surveillance, action could be taken at an early stage and repairs could be carried out
while they will be still small. The future will bring great challenges to the service department as
WPFC erects a lot of turbines.
⇒ Training program
The training will take place at the WPFC headquarter. For organizing the training the WPA
Training Department will supervise a training staff with the participation of instructors from the
WPA service, Research and Development Department and SPI subcontractors.
1. The first phase of the course will be a management module where all trainees will be trained in the management and the
service of big wind farms. In addition, this phase will consist of a training in detailed service procedures, spare parts management
and warranty procedures offered by WPFC.
2. After completion of the first common phase for all the trainees, the second phase will be launched with a separation into two
classes for training of mechanical trainees and electrical/controller system trainees in order to give them detailed theoretical and
practical training. In this phase the mechanical trainees will be trained in the detailed construction of the wind turbine used for the
wind farm. Furthermore they will be trained in the practical service of the turbine supervised by the WPFC fitters working at the
site, and training in the service, maintenance and repair of the rotor blade as well.
The second phase for the electrical trainees will consist of a profound training in the high voltage part and controller system of the
turbine, and this was carried out as a combination of class room training and hands on training on the turbine at site. This phase
will also consist of some real trouble-shooting where the trainees will be faced with real faults and errors on the turbines simulated
by the instructors. This grave will grave the trainees the great opportunity to troubleshoot “the real faults” in the field challenging
the skills of all.
3. The third phase of the training course will be the final examination where all trainees will have to demonstrate their gained
skills both theoretically and practically in the field. Based on the results the training staff will be able to evaluate all trainees.
4. The fourth and last phase of the training will be programmed for the last day and will consist of feedback and evaluation
supervised by the WPA Training Manager, and the day will end with a reception and ceremony.
2.2. PROPOSAL 1 : "BRITTANY MILLENIUM"
2.2.1. Presentation
The western Brittany, French region of the more blown, products 4% of electricity that it consumes. The regional potentialities of
the wind energy would deserve to be analyzed with bigger interest, notably concerning regional development, creation of
economic activity and local development.
From data of relief, wind and the different constraints bound to the implantation of wind mills, sites have been marked. On 30
favorable zones it is possible to install a minimum of 100 MW, either about 150 wind mills. These power stations would produce
228 GWh, either the equivalent of the electric consumption, out heating, of 75000 homes.
The location of the power plant is in Saint-Brieuc (department 22 called Côte d'Armor ; note that in France a "department" is a
geographical division), a small town of Brittany. This location has been chosen due to the strength of the winds and for the high
level of subsidies provided by the city and the regional state of Brittany. SPI proposes a deal including the following steps :
• creation of a joint Franco-American developing team with WPA's engineers, in order to transfer the company's
technology and resolve any communication problems ;
• development of a wind power plant based on WPA's technology ;
• selection of European manufacturers and creation of technical team to help them in 1) the industrialization process
and 2) the respect of French and European environmental and security standards
• selection of the plant's place and organization of any geological surveys ;
• request for all legal agreements needed ;
• building of a 15 MW wind power plant ;
• test of the equipment ;
• training of WPFC staff and engineers.
The total process would take about 18 months : an agreement reached on December 15th, 2000 would allow the wind power plant
to open on July 1st, 2002. A 15% security margin has to be taken into account, due to possible technical problems creating delays.
2.2.2. Financial aspects
The price of the proposed deal is USD 14 million - fourteen million US dollars. SPI is ready to discuss the payment agenda. The
possible schedule could be : 25% at the time of the agreement, 25% 6 months later, 25% 12 months after the agreement and the
last 25% at the plant's opening.
WPA would have a 49% participation in the WPFC joint venture, and 51% for SPI. The company would be headed by a two
manager team, one from WPA and one from SPI.
For further details, see the budget part at the end of this document.
2.2.3. Legal aspects
The power plant project has to take into account the following criteria :
• noise specifications are defined both by the French state, the regional state of Brittany and the city of Saint-Brieuc.
The technical data will be given later. They include : a maximum level of noise, a low level of vibrations ;
• aesthetics specifications are also defined both by the French state, the regional state of Brittany
and the city of Saint-Brieuc. The technical data will be given later. They include : a specific
position of the plant in order to fit with the landscape view, a limited choice of colors for the
plant (white, light blue). Aggressive colors like red are forbidden (except if they are used in
the company's logo) ;
• security standards (this sections concerns the plant's location ; for the security standards on the plant itself, please
refer to the next section, "Technical aspects") : they are mainly defined by the law, the French Standardization
Association (AFNOR : www.afnor.fr ) and the European Standardization Committee (CEN, "Comité Européen
de Normalisation"). They include : a security distance of 300 m between the plant and any road or habitation, a
low level of electronic emissions.
2.3. PROPOSAL 2 : "RIVIERA WINDS"
2.3.1. Presentation
The location of the power plant is in Narbonne, department 11 (Aude). This location has been chosen due to the strength of the
winds and for the high level of subsidies provided by the city and the regional state. This location has been chosen due to the
strength of the winds and for the high level of subsidies provided by the city and the regional state of Languedoc-Roussillon. SPI
proposes a deal including the following steps :
• creation of a joint Franco-American developing team with WPA's engineers, in
order to transfer the company's technology and resolve any communication problems
;
• development of a wind power plant based on WPA's technology ;
• selection of European manufacturers and creation of technical team to help them in
1) the industrialization process and 2) the respect of French and European
environmental and security standards
• selection of the plant's place and organization of any geological surveys ;
• request for all legal agreements needed ;
• building of a 15 MW wind power plant ;
• test of the equipment ;
• training of WPFC staff and engineers.
The total process would take about 18 months : an agreement reached on December 15th, 2000 would allow the wind power plant
to open on July 1st, 2002. A 15% security margin has to be taken into account, due to possible technical problems creating delays.
2.3.2. Financial aspects
The price of the proposed deal is USD 11 million - eleven million US dollars. SPI is ready to discuss the payment agenda. The
possible schedule could be : 25% at the time of the agreement, 25% 6 months later, 25% 12 months after the agreement and the
last 25% at the plant's opening.
WPA would have a 48% participation in the WPFC joint venture, SPI 40% and a local partner 12%. The partner would be an
industrial company involved in the development and/or building process, or a financial investor. The advantage for WPA is to
reduce its investment by 22% (please compare with the other scenario). WPFC would be headed by a two manager team, one
from WPA and one from SPI.
For further details, see the budget part at the end of this document.
2.3.3. Legal aspects
The power plant project has to take into account the following criteria :
• noise specifications are defined both by the French state, the regional state of Languedoc-Roussillon and the city of
Narbonne. The technical data will be given later. They include : a maximum level of noise, a low level of vibrations
;
• aesthetics specifications are also defined both by the French state, the regional state of Languedoc-Roussillon and the
city of Narbonne. The technical data will be given later. They include : a specific position of the plant in order to fit
with the landscape view ;
• security standards (this sections concerns the plant's location ; for the security standards on the plant itself, please
refer to the next section, "Technical aspects") : they are mainly defined by the law, the French Standardization
Association (AFNOR : www.afnor.fr ) and the European Standardization Committee (CEN, "Comité Européen de
Normalisation"). They include : a security distance of 400 m between the plant and any road or habitation (the city
is a famous place for tourism), a low level of electronic emissions, a permanent police protection due to the high
number of people who may want to walk close to the plant.
3. COMPARISON OF LOCATIONS
Criterias of comparison between the two sites:
Criteria
Public and private helps
Wind
Ecological impact
EDF adjusting
Subcontractors
Infrastructure
Tourist appeal
Climatic conditions
Administrative steps
Bretagne
++
+
+
?
+
?
+
?
++
+ : positive aspect of the project
- : negative aspect of the project
4. BUDGET PART
In this section, you will find the financial conditions for the two proposals.
Languedoc-Roussillon
+
++
?
?
++
?
+
Budget for Proposal 1
description
Technical aspects
(1MW=7Mf)
15 MW=105Mf
Wind trubine
Civil Engineering
Electricity
Lifting/Transportation
Engineering
Expenses
%
amounts FF
description
Invested Capital
SPI
WPA
75%
8%
10%
4%
3%
Total
For our part
gearbox
17%
generator
6,50%
tower
21%
nacelle
6,50%
brakes
2%
Yaw drive and bearing
2%
Our part 55%
83%
Marketing & Communication fees
Distribution
Communication
Marketing Studies
Distribution Licence from EDF
Total
9%
General & Structural fees
Joint Venture location
Administrative fees
Implantation study fees
Administrative demand
Financial fees
Ecologic acreditation
Total
R
amounts US $
8%
Total:
78 750 000FF
8 400 000FF
10 500 000FF
4 200 000FF
3 150 000FF
105 000 000FF
17 850 000FF
6 825 000FF
22 050 000FF
6 825 000FF
2 100 000FF
2 100 000FF
57 750 000FF
10 500 000$
1 120 000$
1 400 000$ Public subsidies
560 000$
420 000$
14 000 000$
2 380 000$
910 000$
2 940 000$ Private subsidies
910 000$
280 000$
280 000$
7 700 000$
1 200 000FF
3 500 000FF
1 100 000FF
250 000FF
6 050 000FF
160 000$
466 667$
146 667$
33 333$
806 667$
890 000FF
1 350 000FF
2 346 000FF
167 000FF
367 000FF
125 000FF
5 245 000FF
118 667$
180 000$
312 800$
22 267$
48 933$
16 667$
699 333$
69 045 000FF
9 206 000$
from the "Departem
from the "Region"
from the City
European Union (FE
EDF
Budget for Proposal 2
description
Technical aspects
(1MW=7Mf)
15 MW=105Mf
Wind trubine
Civil Engineering
Electricity
Lifting/Transportation
Engineering
Expenses
%
amounts FF
description
Invested Capital
SPI
WPA
75%
8%
10%
4%
3%
Total
For our part
gearbox
17%
generator
6,50%
tower
21%
nacelle
6,50%
brakes
2%
Yaw drive and bearing
2%
Our part 55%
83%
Marketing & Communication fees
Distribution
Communication
Marketing Studies
Distribution Licence from EDF
Total 8,8%
General & Structural fees
Joint Venture location
Administrative fees
Implantation study fees
Administrative demand
Financial fees
Ecologic acreditation
Total
R
amounts US $
7,9%
Total:
75 800 000FF
7 200 000FF
8 300 000FF
3 500 000FF
3 150 000FF
97 950 000FF
16 651 500FF
6 366 750FF
20 569 500FF
6 366 750FF
1 959 000FF
1 959 000FF
53 872 500FF
10 106 667$
960 000$
1 106 667$Public subsidies
466 667$
420 000$
13 060 000$
2 220 200$
848 900$Private subsidies
2 742 600$
848 900$
261 200$
261 200$
7 183 000$
850 000FF
3 500 000FF
1 100 000FF
250 000FF
5 700 000FF
113 333$Loan
466 667$
146 667$
33 333$
760 000$
750 000FF
1 350 000FF
2 346 000FF
167 000FF
367 000FF
125 000FF
5 105 000FF
100 000$
180 000$
312 800$
22 267$
48 933$
16 667$
680 667$
64 677 500FF
8 623 667$
To
ADEME organism
from the "Region"
from the "City"
European Union (FE
To
CHARTH EDF
CEGELEC
WINDMASTER
To
Sapar finance (filiale
SOUTHERN POWER INTERNATIONAL
END OF PROPOSAL
SPI thanks you in advance for your attention to this proposal and stays available to answer any question or
comment you may have.