Wave Hub Development Services Ltd (Celtic Sea Power)
The Cornwall Floating Offshore Wind Accelerator
Celtic Sea Power is leading a project part funded by the European Regional Development Fund (ERDF) called the Cornwall Floating Offshore Wind Accelerator which is part of a package of initiatives designed to ensure that the region drives forward, and benefits from, the opportunity that Floating Offshore Wind will bring to the region.
A report published in 2020 by ORE Catapult and commissioned by the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) and the Welsh Government estimated that the floating wind industry in the Celtic Sea could support 3,200 jobs in the South West and Wales and predicted £682m spend in the local supply chain by 2030, while powering hundreds of thousands of homes.
The total estimated turbine deployment capacity of the Celtic Sea Zones is between 12.6-30.2GW (Source ORE Catapult June 2021).
Celtic Sea Power is strategically developing Floating Offshore Wind for the Celtic Sea region, accelerating the transition to a green economy, and ensuring the benefits are recognised throughout Cornwall, Wales and the South-Wales. It was great for the team to be involved in what will become a key legacy project in the coming decades.
Celtic Sea Power needed an experienced team to support the procurement process of early enabling packages to support the investment decisions, supporting infrastructure and supply chain development. Given members of our Energy & Infrastructure team have been involved in the procurement of many key UK infrastructure assets (including marine) we were pleased to support.
Our work with Celtic Sea Power started in 2021 and is ongoing. To date we have supported on the delivery of two key packages:
- Procurement off offshore LIDAR data to help inform the investment decisions using the NEC4 suite of contracts
- Anchor block removal procurement using the LOGIC suite
Each of the above packages involved us advising on and guiding the procurement strategy as well as drafting the suite of contractual documents and negotiating with successful bidders.
The solution and results
The team were able to help put in place contract solutions that are tried and tested in marine offshore infrastructure. The solutions were worked up over a number of weeks liaising with the project management team and external consultants Wood Plc through a series of collaborative workshops and negotiation meetings.
A key driver for the client was to successfully implement any work by reference to a defined budget, so our contractual solutions help to protect the client from any unwanted risk of cost creep – this added significant value to the client.