Posted by: Windfair Editors
Participants Wanted
Official Press Release ORE Catapult:
Offshore wind leaders urged to collaborate for radical advances to reduce subsea cable failures
The Offshore Renewable Energy (ORE) Catapult is urging the offshore wind sector to sign up to a world-first data collection platform that aims to vastly reduce subsea cable failures.
In a global industry first, ELECTRODE will track cable failure trends and service downtime, as well as the effectiveness of current methods of monitoring, detection and response. Subsea cable failures account for the single biggest insurance cost for the industry, making up 75-80 per cent of claims in the UK. It can take an average of two months to repair a failed cable, costing more than £10 million in costs and lost power generation. To date, efforts to reduce failures have been hampered by a lack of available data, but ORE Catapult, the UK’s leading... ... More: Official Press Release ORE Catapult
- Keywords:
- ORE Catapult, research, offshore, cable failure, submarine, collaboration, industry, sector, downtime, cable, repair, insurance costs, ELECTRODE