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UK Offshore Wind Supply Chain 2024

  • Writer: Paul  Gowans
    Paul Gowans
  • Dec 11, 2024
  • 2 min read

One thousand percent Return on Investment. Ask and we can work out your ROI today.

Scroll down to find out how this can be achieved.

Steve Aitken at the UK Offshore Wind Supply Chain 2024 - London
Steve Aitken at the UK Offshore Wind Supply Chain 2024 - London

As an organisation going through the Fit 4 Offshore Renewables (F4OR) programme- a programme hosted by Offshore Renewable Energy Catapult and Offshore Wind Growth Partnership - Intelligent Plant were invited to exhibit at this year's UK Offshore Wind Supply Chain.


Steve Aitken was manning the stand, alongside many other organisations taking part in F4OR. The turnout for this event was brilliant, and it was great to connect with so many interesting attendees from the supply chain.




Our banner at the event claimed that organisations could achieve a 1000% Return on Investment (ROI) with our software - but how?


The average failure rate for an offshore wind turbine levels out at approximately 10 failures per turbine per year by a wind farm’s third operational year” – Carroll, J., McDonald, A., & McMillan, D. (2016)


Failures often necessitate site visits, incurring various costs:

  • Technician(s) daily rate

  • Supply vessel mobilisation and charter

  • Supply vessel fuel

  • Purchasing/manufacturing spare parts/tools

  • Lost revenue from downtime

  • Additional potential costs


These expenses highlight the high cost of turbine repairs, not to mention the inherent safety risks of site visits.


Reducing the number or cost of turbine visits can lead to significant savings.

Our solution, Venti, offers high-quality tools for detailed wind farm monitoring. By using our tools for condition monitoring, faulty components can be detected much earlier. This early detection allows for planned maintenance, avoiding emergency vessel charges and scheduling repairs during calm weather. It also prevents damage to connected components by addressing issues before they escalate.


Venti helps offshore wind operators manage their assets effectively, providing a comprehensive suite of tools. Contact Us to day to find out more.

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2 Comments


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