Optimising Wind Farms to Maximise Return on Investment
Sponsored by: Uniper
- Wind Farms
- Cost Of Energy
- Wind Farm Development
Date: 21 June
Time: 3PM London/10AM New York
How financial optimisation of wind farm layouts is a vital step in reducing Cost of Energy
The wind industry is maturing and we have seen significant reductions in the Cost of Energy of wind farms in the last 18 months. For instance, the winning tender for Borselle 1 and 2 mid 2016 came in at €72.70/MWh, and only six months later Borselle 3 and 4 was won with a bid of €54.50/MWh. So how do you compete in this new environment? How do we continue to improve Cost of Energy as subsidies are reduced? And what impact will this have on the way we design our wind farms now and in the future?
Drawing on a strong history of supporting clients in developing and maintaining wind farms, Uniper will share some of the learnings gained in developing on- and offshore wind farms. The webinar will look at how state-of-the-art optimisation has been deployed on wind farms, using WindArchitect, to deliver financial optimisation based on simultaneous considerations of technical constraints and expertise. The key value-add that this, multi-faceted optimisation for financial gain, can deliver to a project through the development and into construction will be explored.
Highlighted through exploring case studies, this webinar will help you understand:
⚫ The value financial optimisation can deliver to wind farm layout design.
⚫ How financial optimisation supports efficiencies in the process of wind farm development.
⚫ How to increase the array layout design process efficiency (weeks to days).
⚫ How to select the best balance between competing technical and financial needs.
⚫ Review all layout designed through the process to select the best one for your needs.
In the new world of lower subsidies and competitive tenders wind farms need to look for value through-out their life-cycle. See how the next generation of layout optimisation can help you deliver reduced cost of energy and high return on investment for your project.
Senior Wind Analyst, Uniper Technologies
Richard studied Physics at Durham University. He has worked in the industry for the last 9 years since graduating undertaking pre- and post-construction analysis of wind farms. He now works as Senior Wind Analyst at Uniper Technologies having previously held this position at E.ON.
Key Learning Objectives
- Why financial optimisation is key to survival in the new industry status-quo
- How financial optimisation can be embedded to deliver value-add in the development process
- How financial optimisation delivers a different final design
- How varying and competing financial and technical aspects can deliver multi-faceted optimisation for the best result
- Head of Wind Farm development
- Project Manager
- Wind Farm Development
- Business Development Manager
- Wind Yield Analysis Manager
- Lead Engineer Wind Projects
- CFO Offshore Development Companies