SEA.L Regulatory News (SEA)

8th August 2013

SeaEnergy and RGU - Leading Innovation and Cost Reduction in the Offshore Wind Industry

SeaEnergy PLC and Robert Gordon University have jointly launched a Knowledge Transfer Partnership (KTP) to develop an operational and economic model for life cycle cost of operations and maintenance (O&M) strategies in offshore windfarms. 

This KTP is supported by the Technology Strategy Board and aims to drive down cost in offshore wind.

Sean Huff, from the Aberdeen Business School at Robert Gordon University, is the academic lead on the project. He will be working together with Mike Comerford, the Director of Operations at SeaEnergy to oversee the development of the operational and economic model together with a KTP Associate who will be recruited in the very near future.

John Aldersey-Williams, CEO of SeaEnergy, stated, "SeaEnergy is delighted to begin working in partnership with RGU to develop this innovative O&M model which will lead the way on cost reduction for the offshore wind industry." Sean Huff said, "this RGU-SeaEnergy partnership is an outstanding opportunity to play an integral part in spurring innovation and driving down costs for the offshore wind industry in the UK. We're looking forward to applying RGU's exceptionally diverse resources on this project."

Notes to Editors

Current national energy plans outline the deployment of more than 40,000 MW of offshore wind capacity in UK waters, with similar amounts planned for elsewhere in Europe. Each windfarm and operator will have to determine the optimal O&M strategy for its fleet of windfarms. The total cost of O&M for the UK windfarm fleet could amount to £50 billion over the 20-25 year project life and the selection of the optimal strategy will be critical to the projects' economic performance.

SeaEnergy PLC is an innovative energy services group based in Westhill, Scotland with an offshore energy services business, which aims to provide access and other services to the expanding offshore wind industry as well as to other offshore energy clients.

This partnership receives financial support from the Knowledge Transfer Partnership programme (KTP). KTP aims to help businesses to improve their competitiveness and productivity through better use of knowledge, technology and skills that reside within the UK Knowledge Base. KTP is funded by the Technology Strategy Board along with other government funding organisations.

ENQUIRIES:SeaEnergy PLC Tel: 01224 748480John Aldersey-Williams - Chief Executive

Pelham Bell Pottinger - Public Relations Tel: 0 20 7861 3232Mark Antelme, Rollo Crichton-Stuart

SeaEnergy PLCBritannia HouseEndeavour DriveArnhall Business ParkWesthillAberdeenshireAB32 6UFUnited KingdomTel: +44 (0)1224 748480Fax: +44 (0)1224 748481