ADVISORY
Navigating the complexities of offshore wind projects to accelerate the global energy transition.
NAVIGATING THE COMPLEXITIES OF OFFSHORE WIND PROJECTS,ACCELERATING THE GREEN ENERGY TRANSITION.
Choosing the right site for maximum impact
“Selecting the right site is crucial to the success of any offshore wind project. Our experts analyse market conditions and meticulously screen potential sites to ensure they offer the optimal balance of wind resource, seabed conditions, and logistical feasibility. We ensure that your site selection supports both technical requirements and financial goals, setting the stage for a successful project.”
Christian Thilsted
CTO
Services include:
Market Intelligence
In-depth analysis of offshore wind markets, with a focus on matching site conditions to technical capabilities.
Supply Chain Analysis
In-depth analysis of supply chain, with a focus constraints, availability and pricing.
Site Screening
Comprehensive evaluations of potential sites based on key factors like technical, environmental, and regulatory criteria.
Aligning financial success with technical excellence
“We empower clients to excel in offshore wind farm capacity auctions by leveraging extensive supply chain and design experience. Our Strategic Advisory Team supports the development of robust financial business cases through informed assumptions and rigorous analysis, enhancing decision-making and bid success.”
Christian Sonnemann
Chief Consultant
Services include:
Bid Strategy
Strategies that guide the project from conception through to execution. In a way that improves the chance of winning and deliverability post award.
Cost Modelling & Financial Projections
Accurate financial planning that accounts for the environmental and technical demands of your project.
Comprehensive Budgeting
Manage DevEx, CapEx, OpEx, and DecEx with precision, ensuring no surprises throughout the project lifecycle.
Integrated Project Planning
Detailed schedules that align installation and operations with site-specific conditions.
Non-Price Criteria Levers
Advice on non-price factors that can be leveraged to improve project outcomes, such as quality, sustainability and innovation.
Mitigating risks, maximising outcomes
“Offshore wind projects are fraught with risks – from unpredictable seabed conditions to immature supply chain for fabrication and installation. At Wood Thilsted, we identify these risks early and develop robust strategies to mitigate them, ensuring the project delivery of foundations are resilient and your project remains on course. We optimise project scenarios to balance performance, cost, and risk, delivering the best possible outcomes.”
Andreas Elkjær
Head of Advisory
Services include:
Scenario Building & Optimisation
Create and evaluate different project scenarios to optimise project performance.
Risk Identification & Mitigation
Proactive strategies to address and mitigate technical, supply chain and delivery risks and constraints.
Supply Chain Strategy
Leading EPC and localisation strategies in line with local and central governance requirements. Providing a truly balanced risk approach to your supply chain.
Foundation as a Service
Comprehensive management of foundation procurement and lifecycle, from design through to installation and maintenance.
Portfolio Management
Standardising approaches across multiple projects to streamline operations and maintenance.
Risk and opportunity optimisation
“Wood Thilsted’s team have delivered some of the worlds largest offshore wind farms. In doing so, they have developed in depth understanding of the limitations and opportunities of the supply chain. This knowledge has helped deliver projects in a way that optimises decision milestones, reduces risk and maximises the project opportunity.”
Andreas Elkjær
Head of Advisory
Services include:
Procurement Planning
Strategic sourcing of materials and services that are tailored to site-specific requirements.
Contracting Strategy
Developing robust contracts that address the complexities of offshore wind foundations and ensure supplier compliance.
Contract Negotiations
Securing favourable terms that account for site-specific challenges, from deep-water installations to specialised foundation types.
Contract Risk Mitigation
Proactively addressing potential contractual risks to prevent delays and cost overruns.
Choosing the right site for maximum impact
“The complexities of offshore investment and valuation can not be understated. Our unrivalled experience of delivering offshore wind farms supports you in maximising value and minimising risk when looking to sell or buy offshore wind assets.”
Christian Sonnemann
Chief Consultant
Services include:
Pre-Bid Phase
Technical insights and market analysing ensuring informed decision-making from the outset. We leverage our extensive knowledge base to evaluate site potential, assess environmental impacts, and forecast financial outcomes.
Development Phase
Our team’s expertise ensures that design choices are optimised for both performance and cost-effectiveness while navigating through complex permitting processes. We partner with our clients to help tackle technical challenges and bring their offshore wind projects from concept to construction-ready status.
Operation Phase
Our goal is to maximise operational efficiency and extend asset life while minimising downtime risks. With our experience in delivering offshore wind farms, we ensure that your investment continues to yield high returns throughout its operational lifespan.
BENEFIT FROM THE WOOD THILSTED EXPERIENCE
Contact the Wood Thilsted Advisory team to empower your offshore wind development.
Your Advisory Lead Team
Andreas Elkjær
Head of Advisory
▶ Expertise in delivering foundations as a service. ▶ Intimate understanding of developer’s foundation package needs. ▶ Set strategic direction for build-out of monopile supply chain in Europe and beyond. ▶ Reduce supply chain complexity with integrated product thinking and fabricability.
Christian Sonnemann
Chief Consultant
▶ Expertise in Project Development and Bid Preparation. ▶ Led the development and maintenance of CAPEX costing tools, ensuring accuracy and adaptability. ▶ Extensive expertise in holistic cost optimisation, covering design, fabrication, raw material supply, and installation.
Christian Thilsted
CTO
▶ A pioneer in offshore wind development, renowned for developing advanced engineering software for turbine foundations. ▶ Extensive expertise in the effective execution of site investigations, detailed design and optimisation of offshore structures.
Danny Bonnett
Director, Sustainability
▶ Highly experienced structural engineer and manager. ▶ Strong multi-disciplinary engineering leadership and understanding of energy client needs. ▶ Expertise in design for manufacture and installation for fixed and floating technologies. ▶ Chair of Nature Inclusive Joint Industry Project launched in 2024.