Contact Risk Management In Offshore Wind Construction

Contract Risk Management In Offshore Wind Construction: Europe

CRM Europe - Day 2 - Wednesday 1 October 2014
09:00

Registration And Morning Refreshments

09:15

Chair’s Opening Remarks

Henrik K. Søndergaard, Senior Project Manager, Siemens Wind Power Offshore
09:20

Ensuring Access to Compensation Funds For Loss Of Revenue From Grid Connection Delays

  • Interpreting the 2013 entitlement regulations to avoid delays caused by ambiguity
  • How to demonstrate correct compliance with regulatory requirements and avoid liability for grid connection delays
  • Ensuring transparency in negotiations between developers and grid operators to demonstrate clear legal processes
Alexander Kruse, Managing Director, Carneades GmbH & Co. KG
09:50

Case Study: The Compensation - A Practical Review Of The "Leitfaden"

Dr Martin Brölsch, Commercial Project Director,  Vattenfall
10:20

Grid Connections For Offshore Wind Farms - Experiences Of A TSO

  • What is the current status of offshore grid connection projects in the German North Sea?
  • What are the reasons for grid connection project delays?
  • How can the risk of project delays be mitigated?
  • What are the requirements to receive compensation payments?

Dr. Markus Glatfeld, Managing Director, TenneT Offshore GmbH
10:50

Networking Break And Morning Refreshments

11:20

What Direction Do Current Standards For Offshore Wind Need To Move Towards?

  • What is the influence of the different European Systems on your contracting strategy?
  • Exploring the benefits of adapting standard form contracts to offshore wind: FIDIC, LOGIC, NEC, BIMCO, SUPPLY TIME
  • How are standard form construction contracts adapted?
  • How your contract base affects the practical and operational elements of your project?
Maarten de Keijzer, Founder and Director, OutSmart GmbH
11:45

Round Table Discussions

Select a break-out discussion group of your choice, hosted by a subject expert. Key points from each discussion will be shared with the room at the end of the session.

  • Determining Developmental Risk For Offshore Projects: Facilitated by Marteen de Keijzer
  • Interpretation Of Subsoil Analysis: What Are The Risks To The Project?: Facilitated by Kurt Thomsen, Global Head of Sales, CWind
  • Reducing The Need For Contingencies Through Contract Type And Strategy: Facilitated by Alexander Kruse, Managing Director, CARNEADES GmbH & Co. KG
  • Will The Use Of Alliancing Mechanisms Make Offshore Wind Projects More Bankable?: Facilitated by Dr Martin Brolsch, Commercial Project Director, Vattenfall
12:45

Networking Lunch


13:45

Direct Risk Assessment Of AEP, PPA, CAPEX And OPEX To CoE, IRR And NPV

  • Collecting a group of assessment participants with different view points
  • Making a three point assessment of AEP, PPA, CAPEX and OPEX
  • Analysis of how this directly influences the uncertainty of CoE, IRR and NPV
  • Adding new questions to the project, identifying unknowns
Henrik K. Søndergaard, Senior Project Manager, Siemens Wind Power Offshore
14:15

EPC Contracts: Will They Be The Best Model for Future Offshore Wind Projects?

  • What is holding the industry back from adopting the turnkey contractor model?
  • Is there enough of a margin in the industry for EPC to take a slice? What tariffs would the industry need in order to make this viable?
  • What effect would an EPC model have on the successful financing of projects?
  • How much supply chain activity can be brought in-house by EPC Contractors to reduce contractual interface gaps?

Frank Janse, Project Manager, Green Giraffe Energy Bankers

14:45

Panel Discussion: Introducing Greater Flexibility In Contracts To Reduce The Risk Of Delays

  • What are the major reasons for project delays?
  • Interface risk: how much of this can be accounted for by high penalty charges?
  • Can a different contract strategy bring down project risks and costs? If so, what will this look like?
  • Sharing risk along the supply chain to reduce unnecessary penalty costs
Panellists include:
Kurt Thomsen, Global Head of Sales, C-Wind
Bernard van Hemert, Technical Project Manager, Gemini Offshore Windfarm
15:30

Chair’s Closing Remarks

Henrik K. Søndergaard, Senior Project Manager, Siemens Wind Power Offshore

15:45

Close Of Forum

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