Offshore Wind (Online Course)
Offshore Wind (Online Course)
A comprehensive online course to one of renewable energy’s fastest-growing sectors
A business-focused training seminar designed to provide business developers and investors with an accessible and concise, yet comprehensive understanding of the many facets of these capital-intensive and lengthy projects.
Offshore wind projects are very different from their onshore cousins, both in terms of the components required and the project development and installation processes involved. From turbines and timescales to cabling and costs, the scales are often supersized – with clear economic and practical rationale for this.
This course will lead attendees through the technologies, processes and financial return and risk considerations for those involved in offshore wind project development. Explanations will be provided in clear, business-friendly language accessible to non-engineers. Trends and emerging disruptive technologies, such as floating turbines and integrations with other clean energy solutions, will be introduced and placed into context.
If you need a valuable, up-to-the-minute and independent introduction to the fast-growing offshore wind sector, this online course provides a unique learning opportunity.
Among the key points to be addressed
- Essential offshore wind farm components and installation processes
- How has offshore wind turbine technology diverged from that utilised onshore?
- Key delivery risks at various stages in a project’s life
- Challenges to consider in operating an offshore wind farm
- Key drivers of financing and financial return in offshore wind projects
- Essential policy and market trends to consider in forward planning
- Status of floating wind, and how it will impact the industry
- Other emerging technology and technology integration trends
- Which markets and geographies offer the greatest growth potential?
Live Online Course – How It Works
The structure of our virtual learning program is designed to keep the same levels of engagement and networking as our on-site public courses. Course content is delivered through our easy-to-use online learning platform and is supplemented by case studies and practical exercises.
Like our classroom-based public courses, you will have live interaction with our course facilitators and other participants. Our live online courses are led by our experienced instructors, who will provide you with easily digestible content, using knowledge learned from many years in the industry, during scheduled times. Delegates will receive copies of the course materials electronically.
This course is scheduled to take place over 3 live online sessions using virtual learning technology.
Session 1: 26 October 2021, 7am – 10am GMT+0
What Makes an Offshore Wind Farm
- The nature of offshore wind resource
- Key components of an offshore wind farm, and their evolution
- The importance of the onshore components of an offshore wind farm
- The evolution of offshore wind turbines, including their growth to 10MW+ scale
- Key elements of the grid, both inter-array and for export
- Options for turbine foundations
- The status of and barriers to floating wind turbines
- Innovations in the integration of other clean energy technologies, including storage and hydrogen (‘offshore energy parks’ and ‘hubs’)
- Illustrations using offshore wind farm examples from Europe and elsewhere
Session 2: 27 October 2021, 7am – 10am GMT+0
Project Development & Operations
- Summarising the end-to-end processes involved in creating an offshore wind farm
- Realistic timescales (and their influences and risks)
- Resource and site assessment
- Site condition impacts on processes such as grid planning, project scale and component choices
- Key stakeholders and their management
- Incorporating uncertainty and strategic thinking into the planning & permitting process
- Construction and the supply chain, including vessel requirements, pinch-points and innovations
- Foundation, turbine and cabling installations: methods and risks (including examples of failure)
- O&M requirements, innovations and best practices
- Summarising and mapping the key project risks
Session 3: 28 October 2021, 7am – 10am GMT+0
Assessing Market Growth, Trends and Investment Variables
- Quantifying trends in the changing competitiveness of offshore wind
- A review of offshore wind markets, growth and key geographies (both current and emerging)
- Future targets and licensing plans
- Understanding the cost structure of offshore wind power projects: key variables including performance, costs & financing sources
- Linking issues of project risk back to the business and investment case
- The impact of emerging technologies (e.g. floating turbines, hydrogen) on the business case
- Who are (and will be in future) the major offshore wind market players?
- Selling offshore wind (channels to market): auctions, utilities, corporates & electricity markets
- Identifying other policy and socioeconomic drivers behind offshore wind
- An offshore wind project checklist, from business planning to practical delivery
The course combines presented materials with plenty of opportunity for Q&A, interactive discussions, and the use of quantitative models to illustrate key learning points. Current market examples and data are utilised wherever helpful.
We would like to customise the workshop based on your specific needs. Pre-Course Questionnaire will be sent prior to the workshop for analyse in advance and to be addressed during the course.
Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement.
What People Are Saying
Who Will Attend
- Renewable power project developers
- Power plant owners and operators (utilities and IPPs)
- Transmission/Distribution system operators
- Policymakers and policy advisors
- Investors, including commercial and development banks, venture capital and private equity
- Vendors & EPC contractors
- Large energy users
- Commercial energy-sector services suppliers (law, insurance etc.)
You Might Also Be Interested In
A comprehensive, participative course, providing the knowledge and tools to segment and analyse opportunity & risk within emerging hydrogen economies
25 November – 1 December 2021
20 – 27 January 2022
Practical models and techniques for analyzing & structuring, drafting, and negotiating Renewable Energy PPAs for bankable green investments in today’s competitive energy markets