Minesto completes Hestfjord Dragon Farm specification based on Dragon 12 achievements

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GOTHENBURG, Sweden, Dec. 10, 2024 /PRNewswire/ -- After successful commissioning and four months of grid connected operation with Dragon 12, this autumn Minesto has focused on evaluation of powerplant performance, analysis of critical technical systems and operating procedures, as well as identification of selective upgrades of the megawatt-scale power plant. An integral part of this work is a third-party technology review performed by independent expert DNV. In parallel, further site development work to assess and compare tidal flow conditions between the existing site in Vestmanna and Hestfjord has been advanced, confirming excellent conditions for operation at the site in Hestfjord.

Relying on this work, Minesto has completed the overall design and technical specification of the upgraded Dragon 12 system targeting the first Dragon farm in Hestfjord (Phase 1: 10MW) in the Faroe Islands.

Key aspects of the optimized systems for Hestfjord site are:

  • An assessment of the tidal resource and other site conditions in Hestfjord have been further verified and deemed improved, which provides input to a customized design of the Dragon 12 powerplants for this location.

  • The Dragon 12 overall hardware configuration will remain largely unchanged, with increased generator capacity to 1,75MW as the key upgrade.

  • There will be an adaptation of the wing profile and the Hestfjord site will also allow for a longer tether, both changes will contribute to increased production yield.

  • The service and maintenance concept, both on-shore and off-shore, has been scaled-up and verified reducing operating costs.

  • Usage of existing and therefore proven solutions regarding subsea cables and onshore transformer configurations have been confirmed, thereby eliminating the need for further technology development and increased sub-sea complexity in electric infrastructure.

  • The drilled and grouted foundation solution used in Vestmanna is proven, and the concept is confirmed to be viable for Hestfjord.

"Our work efforts the last months lead to two overall conclusions: firstly, we can offer the lowest cost ocean energy in the world already at our first array build out and secondly, we have selected a near perfect tidal site for our technology. So, despite obvious cost of energy disadvantages of initially building a small-scale project, we start our journey towards reduction of LCOE at a point where other marine energy technologies hope to end theirs.", commented Dr Martin Edlund, CEO of Minesto.

Continued operational development and testing in Vestmanna