We have consolidated our consultancy role in the offshore renewable energy sector in the fields of economic modelling, financial feasibility analysis, Levelised Cost of energy (LCOE) modelling and analysis, offshore renewable technologies economic evaluation and development, and techno-economic feasibility studies. We also carry out energy systems planning and analyses, where the role of offshore renewable energies in a given energy system can be quantified.
We hold a long career in economic modelling assessment for several European and national technologies in the offshore renewable energy industry (wind power and wave energy). An accurate cost database, parametric model and uncertainty evaluation are key elements for a reliable financial and economic assessment. These are part of the advisory services we offer to the offshore fixed and floating wind energy sector, wave energy sector and other ocean energy developments.
We have experience working with the wave energy sector for more than 15 years, in close collaboration with technology developers, research institutes and academia. We provide overall understanding of the sector and the development of wave energy technologies (best-practices, failures and lessons-learned) and broad knowledge of past and present technologies. We also work with site selection and power performance assessments. Good knowledge of the European market players and excellent network.
Our first advisory services to the offshore wind industry date back to 2014, and since then we have worked together with leading players in Denmark. Indeed, consultancy services to the floating offshore wind energy sector started in 2019 (and expand to other countries than Denmark).
Combined wind and wave energy systems and the technical and economic benefits they can bring to a given energy system, is also a hot topic nowadays in which we have strong expertise.
- Consultancy in Wave Energy: overall understanding of the wave energy sector and the development of wave energy converters: barriers in the development of WECs; best-practices, failures and lessons-learned; past and present technologies; costs, performance, features and major milestones. Knowledge of main actors and networks in the sector. Excellent knowledge of the Danish and Spanish wave energy sector.
- Expertise in:
- Engagement of local communities, public opinion and acceptability of wave energy projects.
- Regulatory framework for wave energy.
- Resource assessment and site characterisation.
- Forecasting of waves and winds, and balancing costs.
- Power performance assessment.
- Grid connection.
- Electricity markets.
- Combined wave and wind energy systems: technical and economic benefits.
- Economics of wave energy.
- Cost of Energy calculations.
- Market Research:
- State of the art of marine technologies.
- Costs, operation and performance analyses of marine technologies.
- Techno-economic Evaluation of projects:
- European Commission Expert Evaluator of Horizon2020 projects.
- Appointed project reviewer of AENOR (Spanish Agency on Normalisation and Certification).
- Business Coaching on Wave Energy Developments:
- Advice on the development framework and technology development planning.
- Analysis of market opportunities.
- Monitoring of wave energy developments.
- Project management.
- Project Applications: expertise in writing and reviewing of Danish and European projects.
- Advice on partners.
- Granting Opportunities (Danish and EU level) and funding assistance.
- Writing and reviewing of applications.
- Project management.
- Energy Planning