MULTIMEDIA ART&TEHNIC

WIND PARK
PROJECT PRESENTATION

Project names: Wind Park Husi ( WPH)

Economical sector: energy
Purpose of the project: production of electrical energy based on
renewable sources (ERS)
Legislation: EU legislation consist in the Directive 2009/28/EC, that states
the mandatory task of the EU members to develop the production of
energy ( electrical and thermical ) from renewable sources ( wind, hydro
with less than 10MW power, biomass, solar, geo-thermal) till year 2020. For
Romania the set target is of 24% out of the national energy consumption
to be ERS till 2020.
Local legislation that concernes ERS, consist of GD 1069/2007 and Law
220/2008, up-graded June 2010, that state the supporting scheme for ESR
production and how investments in this field are supported.

The opportunity of investing in ERS: in tabel 1 are presented the electrical

energy consumptions in various time horizons, the quota of ERS that
qualify for Green Certificates support scheme in total supply and the
installed capacity of wind parks needed to fullfil the set yearly targets. The
calculation is restrictive, in the sense that it has been considered a high
capacity factor for the wind parks and a limited participation of wind
parks to ERS production. The required installed wind park capacity is a
minimum need.

MULTIMEDIA ART & TEHNIC

Aleea Barajul Sadului, nr.3-5, bl. N12-N13, sc. A, apt 11, Sector 3, Bucuresti
Tel : +40 744 505 507; fax: +4 031 804 44 12; email: marius.bohan@gmail.com

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Mark unit 2011 2015 2020 2025

Gross energy consumption TWh 52,5 57,9 61,5 66
ERS qualified for GC % 8,3 17 20 20
Efective wind capacity needed MW 1.450 3.050 4.100 4.400
Due wind installed capacity needed MW 2.200 4.600 6.200 6.650
Updated installed wind capacity MW 400 3.100

One can remark that there is and will continue to be a clear deficit of
installed capacity of wind parks, today and in the next 10 years. The 2015
installed capacity is the sum of the announcements made by some
investors like Iberdrola, CEZ, Verbund, OMV, EDP-ER. As long in the next
years we will face a deficit of installed wind parks capacity, the
opportunity of investing in this field is obvious.

Wind potential for generating ERS:

In Appendix 1 is presented the wind map of Romania. We remark 2
regions of interest: the Dobrogea area and the half-East of Moldova. The
Dobrogea area has a high potential but there are environmental
restrictions and limitations of energetical infrastuctructure. The East half of
Moldova has a good potential, too, and does not have the previous
mentioned restrictions, so that it brings a similar yeld as the Dobrogea
area investments.
In Appendix 2 the Project is placed in it’s position and one cam remark
the wind potential in that area.
The Project has been served by it’s own met mast and has gathered wind
measurements for 2 years. In picture 1 is presented the met mast used in
WPH.

MULTIMEDIA ART & TEHNIC

Aleea Barajul Sadului, nr.3-5, bl. N12-N13, sc. A, apt 11, Sector 3, Bucuresti
Tel : +40 744 505 507; fax: +4 031 804 44 12; email: marius.bohan@gmail.com

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pct. 1

Using the measurements it has been determined the yearly average wind
speed, the total wind hours and the main direction of the wind, the results
being presented in Appendix 3. The average speed, at 50m height, long
term is 6,20 m/s and the main direction is very narrow. Using the
WindFarmer software from Garrad Hassan (WasP software as engine), it
has been determined an average wind speed, at 119m, of >=6,55 m/s,
proper for an efficient wind park.

Projects description:
- Position:
o WPH is located North of Husi town, at a distance of 15 km;
the position in Romania is presented in Appendix 4, and
the position in the Vaslui county is presented in Appendix
6.
- Technical specification:
o WPH has an installed capacity of 69 MW, that will be
generated by 23 turbines
For the design of the wind parks it has been considered
the Vestas V112, 3MW, turbine. Alternatively one can use

MULTIMEDIA ART & TEHNIC

Aleea Barajul Sadului, nr.3-5, bl. N12-N13, sc. A, apt 11, Sector 3, Bucuresti
Tel : +40 744 505 507; fax: +4 031 804 44 12; email: marius.bohan@gmail.com

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 MULTIMEDIA ART&TEHNIC
the Vestas V112, 3MW, 94 m tower. The V112 presentation
is attached as Appendix 7.

Estimated incomes:
Using the wind measurements and the software application WindFarmer
from Wasp it has been generated a wind assement, in fact the equivalent
working hours at installed power: 2.566 for WPH. The capacity factor is
over 29,3%, making the project very attractive energetically and
economically.
The estimated ERS outputs are presented in the bellow table.
Equiv hours output
Project installed power
H MWh
WPH 2.566 177.037

The annual and global incomes from ERS production are presented in
tabel 3, presented in atachment.

At the incomes calculation it have been considered the followings:

- Price for electrical energy in the period 2010-2035, with pesimistic
aproach
- The ERS support scheme, as per L220/2010, that nominates:
o The Green Certificate, the instrument to support ERS
o An allocation of 2 GC/MWh till 31.12.2017, then 1 GC/MWh
till 2025; we made the pesimistic asumption that after 2025
still 1 GC/MWh will be offered
- An assumption regarding the value of the GC, that the value of
GC will have a descendent trend, from 55 Euro/GC to 40
Euro/GC.

Estimated expenses:
Estimated expenses are presented in tabel 2, presented in atachment.

MULTIMEDIA ART & TEHNIC

Aleea Barajul Sadului, nr.3-5, bl. N12-N13, sc. A, apt 11, Sector 3, Bucuresti
Tel : +40 744 505 507; fax: +4 031 804 44 12; email: marius.bohan@gmail.com

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Investment estimation:
Investment estimation is presented in table 1, in attachment.
Estimated investment costs for WPH: 97.330 K Euro

Financial rentability:
Data is presented in table 4, in attachment. One can notice that the
payback period is 5 years, the annual IRR is 0,2 and VAN (on top of the
investment) is 96.960 K Euro.

Risk analisys:
Potential risks:
- Change of economical hypotesis; still fragile economical
environment; average risk
- Legal modifications; can only be in the favour of ERS; no risk
- Technical risks; the equipments are from a famous manufacturer,
with many other equipments in service at customers; low risk
- Climate changes; will lead to stronger winds, good for the
business
The above risks have been considerd in independent scenarios and
cumulative scenario, in a sensitivity analisys. The result is that the influence
of the potential risks is small.

Object of the offer:

The developer is selling the Legal Rights for Establishing the Investment,
meaning all the necessary approvals and permits. Also we offer support
durring the negotiation of the Equipment Purchasing Contract for the
turbines and re-approval for all the changes in the lay-out decided by the
turbine manufacturer, after concluding the EPC. The required price is 7 %
of the direct investment value.
It is not included the final lay-out and technical design, as they will be
decided by the turbine manufacturer, as general contractor.
Prices are negotiable.

Validity of offer :
The offer is valid 4 months.

MULTIMEDIA ART & TEHNIC

Aleea Barajul Sadului, nr.3-5, bl. N12-N13, sc. A, apt 11, Sector 3, Bucuresti
Tel : +40 744 505 507; fax: +4 031 804 44 12; email: marius.bohan@gmail.com

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Wind Park Project 69 MW, Husi

Positioning: county of Vaslui, 15 Km NE of the town Husi, on the

administrative territory of villages Dranceni, Arsura si Duda-Epureni.
Topography inf. : covering area of 3.500 ha, agricultural land, smooth
land, average height 180 m, normal agricultural vegetation, no forests or
other natural obstacles.
Land legal rights : there have been secured land plots with 35-50m
width and 50m length plus 6m width internal access roads to the public
road, by the mean of Rental Contracts, for 27 years, with 10 years
prolonging, with notification of all interdictions in the Land Register, in
favor of SC Multimedia Art & Tehnic srl. The secured plots allow installing
the foundation, operation platform and electrical cabinets. There have
been secured 23 positions.
Also it has been secured the location for the substation on an 1 ha land,
owned by the company.
Road access and electrical connectivity: are secured, free of
charge, according to the decision of the local municipalities, no time limit.
There are granted the agreements for improvement of the roads, usage
and passing for the roads underground installation of the electrical
network.
Grid connection: connection to the National Grid is granted in the
transformation stations 110/20 KV Gorban, in 110 kV, and 110/220 KV Husi,
for a max installed power of 69 MW, according to the solution approved
and authorized by S.C. E.ON. Distributie Moldova S.A. Technical
Agreement for Connection is valid till 06.06.2011 with a prolonging period
till 06.12.2011.
Building Permit: Is released Nov.2010, validity 2 years. WP is authorized
by : Environmental Authority, E.ON Moldova Distributie SA, Monuments
Agency, Civil Aviation Authority.

MULTIMEDIA ART&TEHNIC
Aleea Barajul Sadului, nr.3-5, bl. N12-N13, sc. A, apt 11, Sector 3, Bucuresti
Tel : +40 744 505 507; fax: +4 031 804 44 12; email: marius.bohan@gmail.com

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Establishment License A.N.R.E. : we applied for it, analisys of docs in
progress, expected to be released in April 2011
Electrical power generation premises :
- wind measurements ; wind parameters are measured begining with
01.12.2008, with own met mast, 50m height ; data have been processed
with the application WindFarmer, from Garrad-Hassan ; average wind
speed at 119m, is >= 6,55 m/s ; one have been determined the equivalent
run time at nominal power of 3 MW=2.566 hours, meaning a capacity
factor of 29,3%
- selected machine ; the machine Vestas V112, with rotor height of 119m,
112m rotor diameter, delivers the best energy output
- estimated electrical output : annually energy output >= 177 GWh, P50
net
Layout information : there are 23 turbines, disposed at a distance of
1.000 m turbine to turbine, in main wind direction, and 450 m turbine to
turbine, transverse main wind direction ; foundations are of 15m
diameter ; access will be done by road means, asphalt road till 3 km from
the park, 3 km of concrete road and a net of 13 km of gravel roads ;
operational platforms will be covered with gravel ; the 20KV internal
cables will be underground, under the graveled roads

MULTIMEDIA ART&TEHNIC
Aleea Barajul Sadului, nr.3-5, bl. N12-N13, sc. A, apt 11, Sector 3, Bucuresti
Tel : +40 744 505 507; fax: +4 031 804 44 12; email: marius.bohan@gmail.com

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Anexa 1 / Appendix 1 
1.2 Husi

The following statistics come from the period 01/12/2008 – 19/08/2010.

V 6.0 m/s
k 1.98
A 6.7 m/s
Gust 32.8 m/s
Availability 96.9%
Mean TI 12 %
Mean Temp 11.5 °C
Mean RH 44%
Table 3: wind data characteristics at 50m

14%
Data Distribution
12%
Weibull Distribution (1.98, 6.7)
10%
8%
6%
4%
2%
0%
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Wind speed (m/s)

Figure 3: wind speed distribution at 50m

N N
NNW NNE NNW NNE
NW NE NW NE

WNW ENE WNW ENE

W E W E

WSW ESE WSW ESE

SW SE SW SE
SSW SSE SSW SSE
S S

Wind distribution Power distribution

Figure 4: wind direction at 48m

Alpha A1/A3 (40/50m) Alpha A1/A4 (20/50m) Alpha A3/A4 (20/40m)

0.23 0.18 0.16
Table 4: measured vertical wind shears

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Anexa 6 / Appendix 6