Floating substation

Ideol and Atlantique Offshore Energy (Chantiers de l’Atlantique Business Unit specialized in Offshore projects) have developed an universal floating offshore substation for both bottom-fixed and floating offshore wind farms starting at depths of 40 meters.


Based on Ideol’s patented and shallow-draft Damping Pool® concept and on AOE’s certified electrical offshore substation concept SeeOs, this universal floating offshore substation has been engineered to operate in the world most extreme environments and to offer maximum modularity.

To minimize costs, this solution offers several advantages : 

  • installation of the topside onto the floater at quayside,
  • testing and pre-commissioning at quayside
  • installation without heavy-lift offshore operations.

Thanks to a time-tested and readily available supply chain, the solution can easily be serial produced while creating local jobs.

 

This universal and modular floating substation is expected to have a significant impact on the market of offshore substations and is market-ready for upcoming floating commercial tenders, in France and across the world. The market potential is huge, as 115 GW of new offshore capacity is expected to be installed around the globe by 2030.

 

For more information, you can read this executive summary.

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BWIdeol

BW Offshore invests in Ideol creating floating offshore wind champion

Transaction highlights:

- BW Offshore to invest EUR 60 million in Ideol S.A., creating BW Ideol, a global integrated floating offshore wind company with proven technology and market-leading capabilities
- BW Offshore expects to own ~50% of BW Ideol post a contemplated capital raise and listing as a separate company on Euronext Growth
- Targeting completion of the private placement and listing by end-March with BW Offshore as an anchor investor and industrial partner
- BW Offshore’s experience in developing and operating offshore production systems and capital markets access is highly complementary to Ideol’s floating offshore wind IP and expertise
- Creating a strong platform for a floating offshore wind business with accelerated growth potential as a technology and EPC provider, and developer and operator of wind power projects

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