Managing Risk for Offshore Wind Projects


An essential briefing to identify, plan for and manage a variety of risk factors; from external market and policy environment to internal project development and operations.

How to plan a project today that will enter the electricity market of tomorrow?

(* including investors, utilities, supply chain players, policymakers and planners)

Agenda details

(The agenda as shown below is designed to run over 2-days)

Offshore wind today

·         A review of market growth and key geographies, current and emerging.

·         The evolution of offshore wind farms and their components.

·         The changing competitiveness and market fit of offshore wind.

Risks & returns

·         Understanding the financial model and its key variables; including performance, costs & financing structures.

·         Illustration: a simplified, Excel-based financial model.

·         A framework for linking issues of risk back to the business and investment case.

·         Selling offshore wind: auctions, utilities, corporates & markets.

Policy environments

·         Differentiating “subsidy” from “support” (and why it matters).

·         The policy and socioeconomic drivers behind offshore wind.

·         Targets and licensing plans.

·         Support sustainability and future policy risks.

Emerging technologies

·         Getting bigger: the implications of 10MW+ turbines.

·         Floating turbines are a game-changer: where are they up to?

·         Integrating sister technologies: “offshore energy parks”

·         Energy storage: why, what and where?

·         Interconnection growth, including shared offshore grids.

Risk & Project Development

·         The end-to-end process of creating an offshore wind farm, including realistic timescales (and influences).

·         Identifying key points of risk, along with their impacts.

·         Understanding grid planning and requirements.

Permitting & The Rochdale Envelope

·         Incorporating uncertainty and strategic thinking into the planning & permitting process.

·         Scenario mapping and testing to define cases for consent.

·         Stakeholder management and guidance.

·         Arriving at a final, risk-minimised project design

Construction

·         “Buildability” and the factors that determine it.

·         Construction and the supply chain, including innovations and recent learning.

·         Risk mitigation and key contracts.

Operations

·         Identifying the impact of key market, development and construction failures on the operational phase.

·         Reducing O&M risk: innovations and best practices.

·         Repowering and decommissioning, planning and implementation.

Risk review

·         An offshore wind risk checklist, from business planning to practical delivery

 Combine this with the essential 1-day “Floating Offshore Wind” business briefing“.

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Your company can benefit from this training now.

This course can be delivered alongside events, your office or any global location.

For an in-depth discussion tailoring support to your requirements

Mail: charley@charleyrattan.com

Call Charley 07702 023 354