Wednesday 24th August 2016


August 24, 2016

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Wind Watch

Wind Watch is published every Monday and Friday.

In the meantime, here is another Q&A profiling a member of the
A Word About Wind community. If you are interested in finding out more about being profiled in A Word About Wind, please contact editor Richard Heap or membership manager Joe Gulliver.

Name: John MacAskill
Job: Senior Consultant & Business Development Manager
Company: Offshore Wind Consultants Ltd

How long have you worked in renewables?
Since 2008. I was the first renewables employee in the UK for the GL Group.

In ten words or fewer, what does your firm do?
Experienced at reducing offshore wind risk for developers, lenders and investors.

In which markets do you see the biggest opportunities?
Domestically, we need to see movement on the Contracts for Difference auctions, or the offshore wind market will tighten in the UK considerably.

We are also particularly keen on China and Taiwan as offshore markets. Having just been out with some clients, real progress is being made and a number of lessons from Europe being applied.

What is wind’s biggest challenge, and how would you fix it?
I delivered a talk last year called ‘Bigger, Farther, Deeper’ concerning the stretching parameters of offshore wind projects and the challenge of managing this from project to project, whilst incorporating ever evolving innovation and while keeping downward pressure on costs.

Scale and better continuity of deal flow gives us the opportunity to reduce the levelized cost of energy, but delivering these complex projects to these forecast strike rates is not simple. Schedules and events can spin out of control during construction.

Fixing it? We believe that risk management has significant room to improve on offshore wind projects and ensuring it is incorporated into their day to day management. There is more to it than just risk management, but that is one example we see when asked to review projects for clients.

What do you enjoy most about working in wind?
The technical challenge of projects, the great people and net positive impact on being part of developing clean energy sources.

Why did you join A Word About Wind?
I have been meaning to for quite a while. I like the fact that it is quite a focused network, and the fact that the focus on risk and investment is undiluted by other topics – however worthwhile they are – is extremely valuable.

Investment expertise. High-quality events. Exclusive content. Lead generation.

Talk to the Tamarindo team today to find out how membership would benefit your business.

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