Xodus launches floating offshore wind study

Xodus Group has started a three-year collaborative research project on the costs around floating offshore wind.

The study, led by Xodus through the IDCORE programme, is a collaborative partnership between the Universities of Edinburgh, Strathclyde and Exeter as well as the Scottish Association for Marine Science.

The company is issuing an open call to developers and technology suppliers to engage with the study from the outset.

The project will be key to ensuring floating wind can be a serious contender in the energy mix going forward and will result in a tool designed to assist in key decision making for floating offshore wind projects, the company claimed.

It will also create guidance to assist with project finance decision making and to reduce uncertainties in floating offshore wind energy yield assessments.

Entitled ‘Improving the Bankability of Floating Offshore Wind Projects’, the study will tackle the challenges and risks which project developers have in acquiring finance for floating wind projects and develop a methodology to use floating LIDAR data for bankable energy yield assessments.

The study will explore the impacts of floating structures on modelling wind resource and incorporating the impact of met ocean conditions on site considerations.

With support from Xodus’ technical team, the research will be carried out by Ben Smith, a graduate from University College London.

The IDCORE programme addresses future challenges to develop leading technologies and train scientists and engineers essential for the UK to sustain its global status in the offshore renewable energy sector.

Companies interested in participating in the research should contact: renewables@xodusgroup.com

Source: Offshore Magazine