Statkraft selects COWI for North Irish Sea Array bid

COWI will support Statkraft in preparing an auction application for the first offshore competition under the Renewable Electricity Support Scheme (ORESS-1) in Ireland.

COWI’s responsibilities for the proposed NISA wind farm include foundation concept design, electrical design, construction, O&M port assessment and cost model development.

Working against challenges in the marketplace, such as rising materials costs and pressures to increase renewable energy capacity, keeping the Levelised Cost of Energy (LCOE) at the forefront of the application will be central to all work on the project.

Damian McGirr, COWI’s senior market director in the UK, said: “COWI's strategy is to ensure lifetime cost and revenue generation at the centre of decision making in the early phases through the development to develop a detailed LCOE calculation model based on the available information and project basis early in the development.

“The early model is then used to evaluate sensitivities to the LCOE, which enable targeted early phase development activities to optimise LCOE for the project, but also to reduce uncertainty in the areas where they have the biggest impact. This ensures that early-stage development resources and time are spent effectively to maximise benefit to our customers in terms of refining their CfD auction bids.”