Study Targets Reduced Offshore Wind Costs

Posted by Eric Haun
Thursday, March 06, 2014

Xodus Group, Cathie Associates and UTEC Geomarine have formed an industry leading consortium to deliver a study which will aim to reduce the costs of generating electricity from offshore wind farms in U.K. waters.

The Carbon Trust’s Offshore Wind Accelerator (OWA), which brings together nine offshore wind developers (DONG Energy, E.ON, Mainstream Renewable Power, RWE Innogy, ScottishPower Renewables, SSE Renewables, Statkraft, Statoil and Vattenfall) in a joint industry project, is working towards reducing the cost of offshore wind by at least 10% by 2015. Technology challenges are identified and prioritized by the OWA members based on the likely savings and the potential for the OWA to influence the outcomes.

Through the development of the round one and two wind farms it has become apparent that a disproportionate amount of risk lies within the installation and burial of the power cables. This project will look at the methods and equipment used during the design and specification of installation requirements for export and array cable systems in the offshore wind industry. It aims to reduce risks to the cables during installation and operation, and reduce costs for installation and operation and maintenance activities.

The project will see Xodus Group, Cathie Associates and UTEC Geomarine work together to look at present survey methodologies and specifications to review whether they are suitable, review the equipment presently used in the offshore wind industry for cable installation and whether the equipment is appropriately specified and fit for purpose. They will look at the approach to mitigating risk to the cable through the use of the Burial Protection Index (BPI) and, develop a more comprehensive methodology in line with new technology and meeting the demanding requirements of wind farm operators and insurers.

Throughout the project a benchmark wind farm, which includes the key risks identified in the Round 3 wind farms, will be used to perform a cost benefit analysis to confirm the likely reduction in risk profile and potential cost savings offered by the proposals.

Findings will be communicated to the industry as a whole at key renewable energy conferences.

James Hunt, global director for low carbon at Xodus, said, “The consortium has a wealth of experience across the offshore wind and oil and gas sectors, applying industry best practice in the assessment of survey information, assessing cable risk and specifying appropriate equipment in order to reduce the risks for installed offshore infrastructure.

“In addition, we will use our in-house developed value, decision and risk management tools to ensure that all risks and opportunities for mitigation are effectively captured and legislated for in the cost-benefit analysis.”

The work commenced in November and is anticipated to culminate in the issue of a final report in June 2014.
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Naval EXPO Coming to Washington

For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

News

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Naval EXPO Coming to Washington

For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

Wind Power

Europe's Offshore Wind Capacity Growing

New capacity edges down 5 pct from record 2013; industry body forecasts stable growth over 2015/6. Europe's offshore wind capacity kept up a steady rate of growth

31 ARENA Projects Completed

ARENA has invested $1 billion in more than 230 projects, fellowships and scholarships that are paving the way for a more diverse energy future for Australia.

Boost for Offshore Wind Energy

As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Secretary of the Interior

Offshore Energy

BOEM Issues Supplemental Environmental Impact Statement

The U.S. Department of the Interior, Bureau of Ocean Energy Management (BOEM), announces the availability of the Draft Supplemental Environmental Impact Statement

Europe's Offshore Wind Capacity Growing

New capacity edges down 5 pct from record 2013; industry body forecasts stable growth over 2015/6. Europe's offshore wind capacity kept up a steady rate of growth

Shell: UK Should Reduce North Sea Oil Tax

The British government should review a supplementary tax charge on North Sea oil producers as it has made the operation of some fields unrealistic, Shell Chief

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Repair
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2961 sec (3 req/sec)