Encomara

Encomara and SQUID AT #FloatingWind24

Go and listen to Malcolm Bowie tomorrow at #FloatingWind24

In Dec 2023, Ørsted made its $11 billion Final Investment Decision to develop 2.9GW of Hornsea3 Fixed Offshore Wind - inferring CAPEX of $3.8b/GW to deliver competitive renewable electricity supported by a blend of AR4 & AR6 strike prices. By this measure, Renewable UK's 266 GW global project pipeline for Floating Wind, will require total capital expenditure of + USD 1 trillion. But, how will we create a delivery model for Floating Wind which matches the CAPEX cost of Fixed Wind when the former will be installed in deeper, harsher and more distant waters? By deploying the unique attributes of our Squid® technology and its value proposition of USD 1 billion/GW over the Life-of-Array. That's how. Join Encomara's Malcolm Bowie on Stand H51 of #FloatingWind24 or in Conference Suite 2B at 12pm on Thursday for a deep dive on our patented Squid® technology and how Encomara is Enabling Floating Wind® by building a bankable and insurable delivery model. RenewableUK Scottish Renewables #offshorewind #renewableenergy

266 GW of Floating Wind Projects in the pipeline globally 🌍 That's over 16,000 turbines! 🤯 ...or... 30 turbines, non-stop, every week of every year for ten years 😳 How on Earth is that going to happen? 🤔 Join us on Stand H51 at #FloatingWind24 to discover the unique value proposition of our #Squid technology and how Encomara is #EnablingFloatingWind. https://lnkd.in/gF3z5m84 #FloatingOffshoreWind #renewables #scotwind #3xRenewables #offshorewind Scottish Renewables RenewableUK Scottish Enterprise Offshore Wind Growth Partnership

266 GW of Floating Wind Projects in the pipeline globally 🌍 That's over 16,000 turbines! 🤯 ...or... 30 turbines, non-stop, every week of every year for ten years 😳 How on Earth is that going to happen? 🤔 Join us on Stand H51 at #FloatingWind24 to discover the unique value proposition of our #Squid technology and how Encomara is #EnablingFloatingWind. https://lnkd.in/gF3z5m84 #FloatingOffshoreWind #renewables #scotwind #3xRenewables #offshorewind Scottish Renewables RenewableUK Scottish Enterprise Offshore Wind Growth Partnership

That's the team getting ready for RenewableUK #FOW Floating Offshore Wind 2024, at TECA P&J Live, Aberdeen on 9-10 Oct. If you're visiting, please come and chat to Ian Donald, Malcolm Bowie or Tom Bryce on stand H51. Look forward to seeing you. #FloatingOffshoreWind #FOW2024 #OffshoreWind #Renewables #OffshoreVessel

A great discussion from NIORD on the Tow to Port challenge, many of the challenges of which are common to the first offshore hook-up, so solutions are essential. We recognised early the need to enable efficient Tow-to-Port (T2P) operations - port calls afford a one stop opportunity for cleaning, maintenance, repairs, re-powering & refurbishment of the entire Floating Offshore Wind Turbine (FOWT). This includes the hull, access systems, internal spaces, utility systems and switchgear as well as the all important nacelles and blades, which is often cited as the main Major Component Replacement (MCR) requirement.   As part of a planned maintenance regime, a reliable T2P capability underwrites a credible Operation & Maintenance strategy to bring “bankability” and “insurability” to FOW developments, BUT, how long will it take to disconnect, abandon, store, recover and then reconnect mooring lines and power cables, and how can damage be avoided? Cable damage is a major insurance concern in fixed wind, thus managing both the cables and moorings in floating wind is crucial.   We took inspiration from the offshore industry’s successful deployment of buoy-based quick disconnect systems for floating production units and developed Squid to solve not just the T2P challenge, but the first hook-up operation which faces the same challenges.   Squid reduces task time and increases allowable offshore weather limits to slash the cost of T2P and reduce the risks of damage to critical underwater infrastructure. These benefits stretch the viable season for first installation and T2P operations from early spring through to late autumn and potentially into the winter season. DITTO for the CAPEX and DECOMEX Phases. By reducing the duration and increasing the operability of FOWT connection and disconnection activities, we align the FOWT deployment and removal rates with port logistic & assembly capacities to optimise project execution. This faster build-out and reduced off-line duration lengthens the duration of the maximum yield plateau with positive impact on Revenue and drastic reduction of CAPEX, OPEX & DECOMEX. These revenue and cost effects combine for transformational impact on LCOE giving reductions of up to 10%.   Technology inclusive, our founding design ethos is compatibility with all hull designs, electrical and mooring connector technologies in all water depths.   Squid is a great example of the kind of solutions to accelerate and de-risk the commercial scale delivery model of Floating Wind. Encomara, Enabling Floating Wind. www.encomara.com