projects are not currently used in offshore wind.New technologyNew technology may be obvious (e.g. a new WTG model, or floating technology), but may also be more subtle and unannounced (e.g. new gearbox com onents, handling equipment on vessels or foundation techniques). Technical advice is needed to ensure that the rationale for using ne
insurance cover will be unaffected by the use of new technology. Whilst in other energy sectors, contractors and suppliers have been willing to enhance insurance arrangements in order to deploy new technology, his has not been a feature of the offshore wind market to date.O&M extension – it is common with new WTGs
disaggregated offshore procurements until relatively recently). In addition to avoiding the risk-premium associated with turnkey/EPC contracting, disaggregated procurement has enabled developers to control and reduce price fluctuation and schedule risk in respect of cr
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