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Strategic Consulting
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specialists in a Pan-European community within strategic consulting
experts within Engineering, Market analysis, Environment, Sustainability, Finance.
References
Battery storage for Solar Parks, Denmark
Re:cap engaged Sweco as a technical advisor to assess the feasibility of integrating BESS into their existing solar portfolio in Denmark. Sweco is also assisting in obtaining the necessary grid connections and permits
This initiative covers eight BESS (Battery Energy Storage) projects in Denmark, with two in DK1 and six in DK2. Sweco held an advisory role for economic feasibility and market implementation strategy. Key tasks involved managing grid connection agreements, analyzing connection conditions, and guiding the approval processes with relevant authorities, including grid operators and municipal bodies.
The client will utilize Sweco’s work throughout the entire development process until Ready-to-Build (RtB) to implement the BESS solutions. This will enable them to generate revenue by providing ancillary services and assist in balancing the electricity grid, which faces challenges due to fluctuations in renewable energy.
Project Epsilon (DD), Denmark, Germany, Italy, Poland, Sweden, etc.
Sweco conducted a TDD evaluating a renewable energy developer company. The agreement secured a 20% stake in the renewable development company, strengthening its capital base and growth prospects
Sweco’s responsibilities included client engagement and effective management of a multinational team across various countries. The primary focus was on assessing energy technology within a substantial 60-gigawatt (GW) renewable energy pipeline and conducting comprehensive probability analyses to evaluate the likelihood of successful project realization. Specific tasks included: Energy Technology Assessment, Probability Analysis of the 60GW Pipeline, Asset Management and Status Assessment, and Organizational Opportunities and Risks. This comprehensive approach enabled agile strategic planning for organizational success.
The client utilized the work of Sweco to successfully finalize the agreement for acquiring a 20% stake in the renewable development company, thereby becoming the second-largest shareholder. This agreement significantly strengthens the company’s capital base and enhances its growth prospects within the renewable energy market.
Bornholms Energi & Forsyning, Denmark
BEOF is at a crossroad where they need to decide the future of the CHP plant in Rønne, Sweco was engaged to assess and present robust and flexible investment routes utilizing our technical-, market-, and capital budgeting competencies
Sweco’s responsibilities was 1: establish a technical baseline by assessing the assets of the client, this included site visit and assessment of production data. 2: To analyse the competencies within the organization. 3: To analyse technologies avaiable to operate in the current setting regarding frequence and physical constraints, meeting the contractual conditions of the reserve and the potential exposure to markets and ancillary services. 4: Environmental screening regarding overall implications and authority approval plan. 5: Modelling of the current and potential assets of BOEF in the Sweco market model regarding the reserve contract, ancillary services, and electricity markets. 6: Technical feasibility 7: Business case analysis and presentation of flexible and robust investment routes.
The client will utilize the investment routes suggested by Sweco to realize an actual project with the aim of building a mordens CHP plant that will meet the requirements for the district heating, electricity markets and ancillary service markets
Baltic Energy Island, Denmark
Sweco was engaged as advisor to support the Baltic Energy Island foundation in the development of concrete plans for the park
The project focuses on the development of the Baltic Energy Island, which aims to harness offshore wind energy and hydrogen production to support Europe’s decarbonization goals. The initiative is a collaboration between the Danish Government, the EU, various companies, universities, and advocacy groups, with the objective of creating a successful energy island through innovative partnerships. Through analysis was formulated different scenarios and outcomes to be used as arguments for defining needed areas and the eligibility to include certain businesses in the energy park, as set forth by the legislation. The last step was inclusion of architectural aspects so the project can be communicated efficiently to private and public stakeholders.
After the initial phased where the aim was to define the needed area for the project the next phase includes getting the project processed and approved by the relevant authorities. This involves close dialog with Energinet, citizens, landowners, experts and potential companies. The aim is to build an even stronger business case while ensuring local support while respecting the unique setting of Bornholm.
Analysis of location of energy parks on Lolland, Denmark
The Lolland project aimed to map the optimal energy production solutions to the demand of a given area to facilitate strategic planning
The aim was the optimization of energy consumption to ensure it is utilized as close as possible to its point of production. Sweco provided essential services, including GIS mapping for renewable energy capacity and the installation of PtX facilities. A comprehensive stakeholder analysis was conducted across the value chain, encompassing both production and end-users of green fuels, which facilitated effective collaboration. Additionally, value clarification for local energy parks was performed, alongside feasibility studies and scenario analyses of the local electricity grid, considering new production and large energy consumers.
Proposals were developed for municipal applications to the Danish Agency for Housing and Planning, and results were presented to municipal leadership and key stakeholders, enabling informed decision-making and strategic planning. The results can be used to position supplies in the municipality in relation to future development. Sweco’s proposed solutions have thus formed the basis for the municipality’s application to the Danish Agency for Housing and Planning.
Cost Drivers for Offshore wind, Denmark
The offshore industry is seeing projects and developers being pressured by a multitude of factors to help navigate these complex waters Sweco was engaged to analyze the underlying price drivers and their outlook towards 2050
The project involved a comprehensive analysis of the future price trajectory within the offshore wind sector. The analysis focused on identifying significant parameters influencing price development, considering recent geopolitical shifts impacting raw material prices. The study also explored the repercussions of heightened demand for components and materials, as well as challenges in the supply chain. Additionally, it extends to considerations such as transport and logistics, cables, grid connection, production capacities, operations, and maintenance (O&M), as well as financing and insurance costs. The study aims to provide a holistic view of the offshore wind industry’s cost dynamics.
Going forward the analysis will support the political setup in Denmark to better understand and navigate the complex industry of offshore wind. As the world closes in on the ambitious 2030 goals there is a need to understand the implications of an entire region of the world aiming for a simultaneous build out of their offshore wind capacity. Beyond informing the political cabinet the study will guide the need for further analysis and deep dives into different aspects of the underlying drivers and the quantitative implications of offshore ambitions causing bottle necks, lack of installation vessels, squeezed cable supply chains and competition between countries and the attractiveness seen by developers.
Project Jupiter: Due Diligence of Nature Energy, Denmark, Netherlands, France, USA, Canada
The private equity form ANTIN engaged Sweco to carry out a buyer Due Diligence on the Danish biogas developer and operator Nature Energy. The DD process focussed on technical, environmental, Market and regulatory issues
Project focused on technical due diligence of a large biogas company, covering 12 biogas production plants, 12 upgrading biomethane facilities, natural gas grid connections, supply of biogas to bus and truck fleets as well as to ~15 gas tank stations. Additionally, the project included assessing a pipeline of 20+ biogas plants in Denmark, the Netherlands, France, USA and Canada as well as planed liquefaction plants and development with new technologies within biogas utilization, CO2 capture and distribution and Power-to-X.
Biogas is a renewable energy that can replace natural gas. Biogas production is a combined energy production and a waste treatment technology. When manure is used for biogas production, the emission of greenhouse gases from handling and storage of slurry is reduced. A by-product from biogas production is high quality natural fertilizer that can substitute fertilizer produced by fossil fuels like natural gas and oil. A number of technologies can purify the biogas by removing the carbon dioxide and other gases. Removed carbon dioxide can be utilized for industrial purposes and in the Power-to-X processes. Upgrade biogas can be injected directly into the natural gas system.
Harbor atlas for Energy infrastructure, Denmark
Sweco offers technical advisory and assistance in mapping the energy infrastructure in Danish commercial ports in connection with the development of a port atlas
The Danish Transport Authority (Trafikstyrelsen) developed a port atlas, which included mapping of Danish commercial ports and the availability of electricity and green fuels in these ports. The need for charging stations and their required capacity was assessed. Additionally, a technology catalog on shore power is being prepared, categorizing various configurations of shore power systems to meet different needs in the industrial ports.
By utilizing the Harbor Atlas, the challenges of electrifying infrastructure in Danish commercial ports have been identified and can be addressed. Danish ports now understand the complexities involved and the extent of emissions reduction needed, such as through shore power solutions, to comply with the AFIR 2030 regulation.
CO2 Liquefaction terminal, Denmark
Sweco provided overall plans and CAPEX estimates for a liquefaction terminal at the Port of Fredericia for APD and carried out the detailed design and tender for a new bridge deck of over 200m
Sweco has, in collaboration with Process Engineering, provided the general layout plans and CAPEX estimates for a liquefaction terminal in the port of Fredericia, for APD (Associated Danish Port). The terminal will handle and liquefy CO2 captured from Ørsteds nearby power plant, Skærbækværket, and transported to the terminal via pipelines, for future off shore storage. Besides the general layout and CAPEX pricing for the liquefaction plan, Sweco has also made the detailed design and tendering for the new 200+ m long bridge pier, from which the liquefied CO2 will be exported, including the interface between the liquefaction plant and the port facilities.
The liquefaction terminal marks the first step in the major development plans, made by a consortium of ADPEI / Total Energies / Evida, that will connect the Baltic Sea with CO2 storage possibilities in the North Sea. The plans consist of a CO2 import terminal in Fredericia that via an onshore 100+ km pipe line connects the Baltic Sea with off shore pipelines, that will enable storage of liquefied CO2 the former Harald oil fiels, in the Danish parts of the North Sea.
Technical & Commercial Due Diligence
We simplify investment decisions – addressing technical, commercial and risk aspects of complex asset classes
Development plans & Executive advice
We support your transition or transformation – in a world of complexity and uncertainty
Sigurd Bunk Lauritsen
Expert in Transactions
Søren Hvashøj Kjersgaard
Expert in Supply Chain
Rasmus Hooge Sørensen
Expert in Development plans