1. No category

Key challenges to establishing an offshore
industry
Allan MacAskill
Pilot Offshore Renewables, Director
Andy Oldroyd
Oldbaum Services
Offshore wind, Development and Consultancy
Key challenges to delivering offshore wind
• Vision and scale
• Demonstrating the opportunity
• Incentivising the build out
• Maximising the local opportunity
• Reducing the risk
• Grid
• Getting the power to market
• Different models
• The challenges and tribulations
The UK Model
•
•
•
4 Lease rounds
• Rounds 1, 2 & 3
• Scottish territorial waters
• Circa 1, 8, 30 & 10 GW
Success
• Delivered largest installed
capacity
Failures
• Slow and expensive for
developers at all points in project
timeline
• Excessive supply chain
expectations
• Limited participants: bias
towards major utilities
• Local market content
Case Study 1: Beatrice Demonstrator
The challenge:
Deep water wind turbine
development (45m)
Largest turbines at that
time offshore (5MW)
Grid connection – Export
and local consumption
Economic challenge
Wind Resource
Case Study 2: Floating Wind
The Challenge
New Technology acceptance
Funding – DEVEX (equity) and
CAPEX (project funding)
Consenting
Grid connection
Electrical Infrastructure
Dynamic Cables
Wind Resource
Case Study 3: Project Development
The Challenge of 3GW of
portfolio development:
Development Costs Equity funded
Consenting process
Capital Investment
Grid export AC or DC
evacuation
Onshore Substation
consenting
Wind Resource
India
• A unique market
prospect
• Extensive supply chain
• Extensive knowledge
of wind energy
• Little in-market
offshore experience
• Cost of energy a major
challenge
Foundations
Resource
Cost of
Energy
(?)
What does and does not translate
from external markets to India?
Grid
Legislation
Meeting the Risks
• Project Risks
Consent
Cost of development
Technical data requirements
& availability
Legislation
Uncertainty in cost model
Grid connection and Power
evacuation
Cost of capital and Investor
confidence
Resource and available data
LiDAR
India: the challenge?
To find a business model to support cost of energy
Pilot Project
• Test drive lessons from around the world
• Understand cost pressures in Indian supply
chain
Optimization
• Seek efficiencies in utility scale roll-out
• Grid, foundation, spacing, legislation
Rollout
• Meet the cost challenge
• Meet the energy needs of an expanding vibrant
economy
MacAskill Associates: Offshore Wind, Development and Consultancy:
Oldbaum services Limited – Wind energy solutions
[email protected]
[email protected]
Tel: Mob: +44 7712 864013 (Allan); Tel Mob +447903139076 (Andy)