A three step process that could reduce offshore wind costs was pledged by DNV GL today.
The Norwegian energy expert launched the proposal after revealing the findings of its latest report on reducing costs. Dubbing the steps “doing it right”, “doing it better” and “doing it differently” the company believes that by working with industry partners, the cost of offshore wind energy in Northern Europe could be reduced by 25%. This saving will in turn deliver a total reduction of 40% which is seen by many shareholders as the level needed to secure the industry’s future.
David Walker, chief executive of DNV GL, said: “Achieving cost reduction is about more than just new technology and innovation. It also requires us to get the basics right which means getting people together, assessing the issues in detail and defining best practice.
“We are seeing signs of progress, but we need to do much more as an industry. In this manifesto document, we in DNV GL recognise the role we can play in the cost reduction story – we are committed to helping offshore wind do it right, do it better and do it differently.”
The three steps include a total of fourteen points that will help reach target. These include launching a joint industry project to improve Marine Operations during installations and operations providing further risk management, implementing new methods in assessing crew transfer technologies, optimising monopile design standards, pushing the technological limits of turbine design and driving the commercialisation of floating wind.
Reducing offshore wind costs is a priority in the industry with several pushing for a result. Last Year Dong Energy entered a partnership with a number of firms in a bid to lower energy costs.