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WHY

One Floating Platform - Multiple Systems

Problem​

 

Single systems did not met Excipio’s criteria to be profitable without subsidy.

Key Point

Most of the costs were balance of plant

Solution

Design a system where balance-of-plant costs become shared.

Balance of Plant costs are the same regardless
of the number of devices onboard

CAPEX

​

1.   Permitting & Legal fees

2.   Project Management

3.   Engineering

4.   Insurance

5.   Finance Charges

6.   Surveys

7.   Assembly/Construction (Slightly higher)

8.   Installation and hook-up per platform

9.   Transmission to market

10. Substation

11. Hull and deck (only slightly more)

12. Logistics

13. Certification

14. Stakeholder and Community Management

15. Owners Costs

16. Block Auction Costs

17. Resource Evaluation

19. Energy Storage (if any)

OPEX

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20. Planned Maintenance (less per MW)

21. Inspections (Hull, Moorings, Cables, Equipment)

22. Decommissioning (if any)

23. Block Royalties (if any)

Balance of plant costs common to all offshore projects.

​ INTEGRATION  =  PROFITABILITY

The                    Affect
- Offshore Gulf States - 

Integrated systems make even marginal resource areas atractive.

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Single source solutions cant compete.........

Power (MW/square)

Equal number of platforms per square

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