THE MARKET OPPORTUNITY

SENSEWind  REDUCES PROJECT COSTS
AND INCREASES REVENUE

Reduces CapEx

SENSEWind lowers construction costs and risks as special expensive vessels and cranes are not required.

Reduces CapEx and OpEx

Delivers simpler, safer and more reliable construction and maintenance programming.

Increases availability and revenues

Provides the means for quicker repair and exchange of major components.

Saving of 12% on LCoE

Deep water offshore site cost reductions confirmed by cost modelling using real life marine weather data.

PROVEN COST REDUCTION

SENSEWind’s Integrated Cost and Marine Operations Modelling tool demonstrates the significant cost reductions possible by using the SENSE technology.

The model uses real life marine and weather data to calculate the projected savings over the full life of a project from installation to decommissioning

COST REDUCTION RESULTS USING SENSEWind MODEL

Total wind farm cost saving Saving on LCoE
Offshore shallow water  (500 MW project) 1.2%
Offshore deep water  (1.2 GW project) 12%
Onshore  (450 MW project) 6%

THE MARKET FOR SENSEWind TO 2030

The total market for onshore and offshore wind is predicted to grow at a significant and stable rate over the next 10 years.

£12 bn could be saved in capital (CapEx) and operating (OpEx) costs if SENSEWind is used for all of the serviceable available market (SAM)

Offshore wind turbine market graph

GLOBAL MARKET FOR SENSEWind OFFSHORE TO 2030

Total Available Market – 110 GW

Serviceable Available Market – 79 GW (the market where SENSEWind will be competitive)

 

GLOBAL MARKET FOR SENSEWind ONSHORE TO 2030

Total Available Market – 720 GW

Serviceable Available Market – 200 GW (the market where SENSEWind will be competitive)

 

 

 

Estimated global market for wind energy installation