MARKET

SENSE CAN BE USED ACROSS GLOBAL MARKETS

SENSE reduces costs

A twelve-month Innovate UK Energy Catalyst study confirms a saving of 9% on LCoE for a deep water offshore water sites.

Integrated Cost and Marine Operations Model

SENSE Wind has developed an integrated cost and marine operations modelling tool to demonstrate the cost benefit for a specific site location and project configuration.

Real life data modelling was used to estimate cost reductions over the full life of a project from installation to decommissioning.

Sensewind evaluation tool

HEADLINE COST REDUCTION RESULTS

Total wind farm cost saving CAPEX Saving
(£m)
Annual OPEX saving
& revenue increase
(£m/year)
Saving on LCoE
(%)
Offshore shallow water (1.2 GW project) 75.4 9.3 3%
Offshore deep water (1.2 GW project) 112.6 25.7 9%
Onshore (450 MW project) 6.7 1.2 2%

Reference – BVG/Knowtra report – Innovate UK Energy Catalyst Round 3 Project final report

SENSE CAN WORK WHERE OTHERS CANNOT

The market for SENSE is vast

ESTIMATED GLOBAL MARKET FOR OFFSHORE WIND ENERGY INSTALLATION TO 2030

 107GW

Offshore turbine market where SENSE would be competitive – 79GW.

Offshore wind turbine market graph

ESTIMATED GLOBAL MARKET FOR WIND ENERGY INSTALLATION TO 2030

864 GW

Onshore turbine markets with tower heights above 120m – 202GW

Estimated global market for wind energy installation