SanCo is focused on de-risking floating wind projects by identifying, assessing, and mitigating risks across the project lifecycle. These risks range from technical and environmental to financial and regulatory, with a particular emphasis on the complexities that floating wind introduces, such as mooring and anchoring, dynamic loads, and new installation techniques.

SanCo´s Technical Audit services add value to our Clients by enabling senior management to make informed decisions that will push the floating wind project in achieving its milestones.

SanCo supports developers, insurance companies, investors and banks, law firms, technology developers, manufactures and public bodies in protecting theirs assets, investments and ownership.

KPI Bottom-Fixed	Germany	UK
Project Delay (beyond 1 year)	>30-40% of projects	>20-30% of projects
Cost Overrun (>10%)	>25-35% of projects	>15-25% of projects
Revenue Loss (>15%)	20-30% of delayed projects	10-20% of delayed projects
CAPEX per MW Installed	€3-5 million per MW	£3-4.5 million per MW
Availability Rate (Operational)	90-93% (early stage); improving to 97%+	95-97%
Revenue Loss per Day (due to delay)	€150,000 - €500,000/day	£200,000 - £600,000/day
Energy Yield Achievement	85-90% of expected yield (early stage)	90-95% of expected yield

SanCo´s Task	Description
Site Selection and Feasibility Analysis	Site Suitability Assessments Environmental and Social Impact Studies Regulatory Compliance Review
Metocean Data Collection and Analysis	Metocean Surveys Dynamic Load Analysis Simulation Modeling
Floating Platform Design Verification	Structural Integrity Analysis Mooring and Anchoring Design Validation Interface with Turbine OEMs
Risk Assessment and Mitigation Planning	Risk Identification Workshops Probabilistic Risk Modeling Contingency Planning
Supply Chain and Logistics Management	Supply Chain Risk Assessment Logistics Optimization Cost-Benefit Analysis for Local Content
Installation and Deployment Support	Installation Methodology Review Dynamic Cable Installation Planning Tow-Out and Hook-Up Procedures
Operational Performance and Monitoring Strategy	Real-Time Monitoring System Design Predictive Maintenance Planning Remote Monitoring and Automation
Cost Modeling and Financial Analysis	Levelized Cost of Energy (LCOE) Analysis Cash Flow and Sensitivity Analysis Decommissioning Cost Estimation
Stakeholder and Community Engagement Support	Stakeholder Mapping and Outreach Community Impact Assessments Public Consultation and Transparency
Health, Safety, and Environmental (HSE) Planning	HSE Risk Assessments Emergency Response Planning Environmental Monitoring Plans
Technology and Innovation Consulting	Technology Feasibility Assessment Floating Wind Platform Selection Advice Digital Twin Implementation
Decommissioning and End-of-Life Planning	Decommissioning Strategy Development Environmental Restoration Planning Decommissioning Cost Risk Assessment

1.

Feasibility Study

and Site Assessment

Resource and AEP Assessment : Analyzing metocean data to evaluate the wind resource and determine energy production potential.
Geotechnical and Geophysical Surveys: Conducting seabed and soil analyses to assess the suitability of foundation designs.
Environmental Impact Assessment (EIA): Reviewing and validating environmental studies to ensure compliance with regulations and minimize ecological impact.
Structural Integrity Analysis: Perform analyses to assess the structural integrity of floating platforms under various load cases, ensuring compliance with relevant standards (e.g., DNV, ABS, ClassNK, etc).
Others

CLICK ME

2.

Cost Modeling and Financial Analysis

Levelized Cost of Energy (LCOE) Analysis: Provide cost modeling to help clients estimate the LCOE, incorporating the unique cost drivers of floating wind such as mooring systems, dynamic cables, and specialized vessels.
Cash Flow and Sensitivity Analysis: Analyze project cash flow scenarios, accounting for potential cost overruns, delays, and operational challenges, to guide financial planning and investment strategies.
Decommissioning Cost Estimation: Offer early-stage estimates for decommissioning costs, as floating platforms may have higher retrieval and disposal costs than traditional fixed-bottom installations.
Others

CLICK ME

3.

Operational Performance and Monitoring Strategy

Real-Time Monitoring System Design: Design systems for real-time monitoring of metocean conditions, platform stability, mooring tensions, and turbine performance to ensure operational safety and maximize uptime.
Predictive Maintenance Planning: Implement predictive maintenance strategies using data analytics to forecast potential failures in mooring lines, turbines, or cables, reducing unplanned downtime.
Remote Monitoring and Automation: Develop remote monitoring protocols that leverage automated systems and data analytics to optimize operations and reduce the need for frequent offshore inspection.
Others

CLICK ME

Maximizing Project´s Return on Investment,

by Preventing Projects Delay, Cost Overrun and Revenue Losses

1.

2.

3.