Past Event - Floating Offshore Wind Risks and Mitigations
Speaker:
David Nicholls, OpenWater Renewables
Presentation Synopsis:
A key area of risk for floating wind projects is selection of the hull and mooring system. With over 120 different hull concepts available, the process to select the optimum in terms for LCOE, performance, reliability and project execution risk can be daunting.
The presentation will therefore provide a brief overview of the current status of floating wind technology drawing from OpenWater Renewables proprietary database. The application of the Technology Readiness Level (TRL) approach to assessing the technical maturity of these concepts will be discussed, along with a roadmap to reach commercial scale wind farms, drawing on experience from floating oil & gas projects.
A ranking process to select the most appropriate hull concepts for a floating wind project will also be presented, based on analysis of 39 criteria (such as ease of fabrication, local content requirements, installation risk, performance, O&M requirements, EPCI risk, etc.). This ranking aims to identify the hull concepts most likely to deliver low LCOE with acceptable project risk for project-specific conditions. An example based on a fictional North Sea project will be included.
Presenter Bio:
After graduating with an MA (Hons) from Cambridge University, David worked for Brown & Root for ten years in UK, Norway, Abu Dhabi and Bahrain. He then worked for SBM Offshore for 35 years, initially in a Project Management role. Then 12 years in FPSO Operations, starting in Brazil as Country Manager, followed by West Africa and then Asia-Pacific (both as Area Operations Manager). Finally, he moved into Sales and Business Development in 2009, retiring as Group Business Development Director. David joined SBM Offshore leadership alumni as shareholders in the independent floating wind consultancy OpenWater Renewables.
SLIDES AND VIDEO FROM THIS PRESENTATION WILL BE MADE AVAILABLE TO MEMBERS ON THE MEMBER AREA OF THE OPERA WEBSITE.