Software program developer Exceedence, Merely Blue Group, and Norwegian Analysis Centre (NORCE) have joined forces to assist a undertaking referred to as FASTWIND (Monetary Evaluation utilizing Satellite tv for pc Expertise for Offshore Wind Power) which goals to make use of satellite tv for pc information from European Area Company’s (ESA) satellite tv for pc community to conduct useful resource administration and power yield evaluation.
Funded by ESA, FASTWIND is a cloud-based expertise and monetary software for the offshore wind sector.
It’s pushed by wind useful resource data derived from artificial aperture radar information from the Sentinel-1 satellites.
FASTWIND will develop a cloud-based system that integrates Exceedence’s techno-economics evaluation software program, Exfin, and NORCE’s processing chain for artificial aperture radar (SAR) information that produces satellite tv for pc wind merchandise for useful resource mapping.
“FASTWIND will permit offshore wind builders to make data-driven selections utilizing a monetary digital twin of their tasks drawing from satellite-based earth information. Potential purposes vary from optimising website choice to bettering bankability and maximising the monetary efficiency of operational tasks based mostly on forecasting,” stated Ray Alcorn, Founder and CEO of Exceedence.
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“There’s a robust industrial alternative for this resolution at the moment within the fixed-bottom offshore wind sector which can translate seamlessly to the floating offshore wind sector. We’ve a singular proposition which can straight join satellite tv for pc wind information by a techno-financial package deal finally yielding higher positioned, optimised and decrease value wind tasks.”
The undertaking is being co-funded by the European Area Company underneath ARTES 4.0 Enterprise Purposes – Area Options.
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