Offshore Project Time and Cost Compression: Observations from Topsides Conference

b2ap3_thumbnail_IMG_2071-640x480Last week’s Topsides conference in Galveston fostered discussion on a wide range of valuable “project supply chain” optimization ideas and case studies. Some observations from my supply chain perspective:

It is refreshing to see that the number and value of standardization initiatives is gaining ground. Modular design of vessels, platforms, and production systems is significantly compressing project timetables and yielding large cost benefits.

Innovative work vessel design is helping to reduce transit time and maintenance costs by allowing unconventional transportation options and in-situ installation and maintenance directly in deep water.

Material and technology substitution is always being improved, for example aluminum platforms, decks, and more.

Who Can You Trust for Reliable Data on the Profitability of Renewable Energy Projects?

b2ap3_thumbnail_shutterstock_3721864-640x427The World Future Energy Summit in Abu Dhabi this week will provide interesting overview and policy perspectives on the need for solar, wind, geothermal, and other renewables. We all need to better understand the economics of some of these technologies in order to pave the way for them to gain critical mass and a sustainable investment base. If you know of conferences that focus on the cost and revenue economics of renewables, please reply to this post with a Comment.

European Wind Power Projects Can Deliver Positive ‘Return on CapEx’ Through Forward-Looking Supply Chain Planning

b2ap3_thumbnail_shutterstock_4056883The upcoming Wind Developer Congress this week in Berlin should be interesting. I’m hoping that it will help owners, developers, OEMs, and lenders to develop procurement strategies that assure availability of long lead time equipment and services, while improving their assessment of financial and operational risks, such as regulatory hurdles and uncertainty of future lead times for wind turbines, installation services, and electrical equipment. In addition to furthering BSI’s work evaluating the financial potential of specific projects through supply chain optimization, I’m looking forward to learning more about energy storage and design improvements that can accelerate payback for offshore wind in general.

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Development solutions

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