SEA-TITAN project related news

Government awards $850,000 grant for deep-water wind project

The U.S. National Offshore Wind Research and Development Consortium has awarded an $850,000 grant to DeepFarm, a project led by a joint venture led by Principle Power that focuses on the development of mooring solutions for offshore floating wind energy.


DeepFarm is presented as a selection of mooring research initiatives that seek to help accelerate the deployment of deepwater floating wind projects by researching innovative mooring components, each contributing to the design of a pioneering system to reduce the leveled cost of energy (LCoE), a measure of an energy source that allows the comparison of different methods of electricity generation in a consistent manner.

According to Principle Power, the project will enhance the open source software tools currently available for designing floating turbines, optimizing innovative mooring components, and reducing their life time costs.

“We look forward to working with major players in the wind market, top universities and major research centers to provide technical solutions for mooring systems that will underpin the competitiveness of floating wind while achieving significant cost reductions,” said Principle Power CEO Joao Metelo.

Other consortium partners include Norwegian companies Aker Solutions and Scana Offshore; and American Bureau of Shipping (ABS), a classification and standards verification society for the design, construction and maintenance of ships and offshore platforms; the National Renewable Energy Laboratory (NREL), which reports to the Department of Energy; and the University of Massachusetts.



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