Research Program
PROJECT LEADER
PROJECT ID
3.21.005
BECRC PARTNERS
Auckland University of Technology
Carnegie Clean Energy
DNV Australia
Macquarie University
Optimal Group Australia
Pitt&Sherry
University of WA
UTAS
START DATE
December 2022
END DATE
December 2024
DURATION
24 months
PROJECT IN BRIEF
The pressing demand for energy generation from renewable resources, as well as the increasing activities in the offshore environment, are driving significant progress in the research, development and implementation of new technologies.
In Australia, a wide range of market opportunities are emerging due to the growth in the ocean energy sector. Emerging offshore technologies including Offshore Renewable Energy Systems (ORES) are complex to design, commission and operate, mainly due to the uncertainties involved with planning and managing their life cycle, given the newness of concepts, randomness of the offshore environment and lack of reliable procedures.
Provision of risk management procedures will greatly assist in enhancing social acceptance, accelerating ORES developments to replace fossil fuels fostering efficiency and sustainability for the infrastructure and operations in the blue economies.
This project will develop a framework for risk assessment methods, decision-support tools and a set of procedures that will enhance the safety, value-adding and cost-effectiveness of ORES.