Tender Details

Country: United Kingdom
Summary: Floating Offshore Wind - Project Finance (Lot 1) and Insurance (Lot 2)
GBT Ref No: 58149204
Deadline: 01 Nov 2021
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: 90000
Notice Type: Tender
Document Ref. No.: OREC001-DN573419-69445422
Purchaser's Detail:
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Description:
Title : Floating Offshore Wind - Project Finance (Lot 1) and Insurance (Lot 2)
Location Of Contract : United Kingdom
Industry : Architectural, construction, engineering and inspection services - 71000000 Research and development services and related consultancy services - 73000000
Value Of Contract : £90,000
Description : This project investigates two separate but connected themes that affect the levelised cost of energy (LCOE) of FOW projects: bankability and insurability. Both are impacted by perceived risk, but impact project costs in different ways.The first large scale (500MW) UK FOW projects are expected to use long-term debt to finance a substantial proportion of the project. This is one of the drivers of the anticipated rapid cost reduction in FOW LCOE at the end of the 2020s and early 2030s. However, to enable this low cost of capital we need to ensure the finance community understand FOW projects, technologies, risks and opportunities.This project is aimed at understanding the current views and proposed approach of the finance community to investing in FOW projects, what the industry can do to address any concerns, and raise the profile of the investment opportunities in FOW.At the same time, insurance premiums for offshore wind farms have been rising sharply in recent years driven by a range of factors. One of the key factors is an increase in claims in certain areas, and hence incre...
Documents:

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Floating Offshore Wind - Project Finance (Lot 1) and Insurance (Lot 2) - Uk Tender

The OFFSHORE RENEWABLE ENERGY CATAPULT, a Government sector organization in United Kingdom, has announced a new tender for Floating Offshore Wind - Project Finance (Lot 1) and Insurance (Lot 2). This tender is published on UkTender under GBT Ref No: 58149204 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2021-11-01.

The estimated tender value is 90000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.