The offshore wind industry is on the brink of a transformative change with the introduction of the International Marine Contractors Association’s (IMCA) groundbreaking Code of Practice. This code offers a promising solution to a longstanding challenge – subsea cable failures, which have historically resulted in staggering costs and setbacks. The IMCA’s initiative aims to revolutionize cable installation practices, significantly contributing to the industry’s mission of advancing sustainable energy solutions, as reported by Imca-int.
- The offshore wind industry faces substantial losses due to subsea cable failures, with costs exceeding £500 million in 2020 and an annual failure rate of 30%.
- The International Marine Contractors Association (IMCA) has introduced a new Code of Practice to address cable laying challenges and prevent damage, offering potential savings for offshore wind projects.
- Collaborative efforts from industry experts have culminated in this innovative code, which promises to play a pivotal role in advancing the offshore wind industry’s role in global sustainability efforts.
A Costly Challenge for Offshore Wind
Subsea cable failures have plagued the offshore wind industry, with costs soaring above £500 million in 2020, and an alarming 30% failure rate annually. The average insurance claim for these failures amounts to over £3 million. This pressing issue affects all stakeholders, from contractors to developers and insurers.
A New Code for Safe Cable Installation
The International Marine Contractors Association (IMCA) introduces the “Code of Practice for Offshore Cable Laying in the Renewable Energy Industry” (IMCA M264). This comprehensive code addresses the challenges surrounding the safe laying and termination of offshore power cables. It aims to prevent damage caused by over-bending, cable-pulling, and design flaws, setting a new standard for cable installation safety.
Collaboration and Expertise
The new IMCA Code of Practice is the result of collaborative efforts from industry experts. Contractors have shared their insights and experiences related to cable laying, specialized equipment, and technology. With decades of combined knowledge, they have developed practical solutions that promise substantial savings for offshore wind projects and maintenance costs.
Fueling the Offshore Wind Revolution
As the offshore wind industry plays a pivotal role in helping nations achieve their Net Zero targets, addressing cable installation challenges is crucial. Research indicates that 90% of insurance claims for power cables stem from installation-related damage. The IMCA’s new code is poised to significantly reduce these figures, marking a substantial step forward in the global transition to cleaner, more sustainable energy.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source:Imca-int
Hi there to all, as I am actually keen of reading this webpage’s post to be updated on a regular basis.
It includes pleasant information. I saw similar here: E-commerce
Hello mates, how is everything, and what you wish for to say concerning
this paragraph, in my view its genuinely amazing in favor
of me. I saw similar here: dobry sklep and also here:
dobry sklep
It’s very interesting! If you need help, look here: hitman agency
Wow, amazing blog structure! How lengthy have you ever been running a
blog for? you made blogging look easy. The whole look of your
website is fantastic, let alone the content! You
can see similar: sklep internetowy and here sklep online