The first robust and cost-effective wind floating turbine for deep water offshore
| Reference number | |
| Coordinator | SeaTwirl AB (publ) - SeaTwirl AB |
| Funding from Vinnova | SEK 500 000 |
| Project duration | December 2017 - May 2018 |
| Status | Completed |
Purpose and goal
Feasibility Study to validate SeaTw irl’s potential and plot a map to commercialisation. Aspects: - Identify the specific market interest - Site identification study - A value chain study to formulate optimal positioning of the SeaTw irl S2 1MW turbine - Turbine Optimization study - Identify w hat is needed to have a “bankable product” - Plot the business model - Outputs: - Market analysis - Potential pilot sites identified and evaluated - Value chain study to refine the overall development strategy - Technical feasibility analysis - Roadmap to ensure bankability - Business plan
Expected results and effects
Economic Viability of the product: The financial forecast considering market size, sales forecast, cost estimation and revenues for the product. Installation site study: Meteorological data, harbour, permits and industry engagement are studied to select site for testing in SME2 Technical Viability: Optimisation study on turbine regarding: a) pow er output b) manufacturability and cost Bankability roadmap study: - A roadmap for the bankability process that SeaTwirl will perform in SME2 Business plan: - Market analysis - Commercial Strategy
Planned approach and implementation
Task 1. Management and coordination of the study Task 2. Economic Viability of the product Task 3. Site identification study Task 4.Technical Viability Task 5. Bankability roadmap study Task 6. Business plan Deliverables: Feasibility report, including a business plan