Projects, Clients and Track Record
EU-SCORES is the Horizon 2020 green deal project, which will demonstrate the combination of offshore wind with wave- and offshore solar PV energy. This project started in September 2021 and will close in August 2025.
Exceedence is leading the work package on Business plan, LCOE & insurability of large-scale offshore parks. Some of the tasks we are responsible for are: 1) to investigate enhancements of our software to allow for complex combinations of multi-use projects to be modelled and optimised; 2) LCOE baselines and Financial KPIs as well as learning curves and future scenarios; 3) Support our partners with our software and expertise for the business plan modelling; 4) exploitation plan; 5) provide a market model for Ireland.
WEDUSEA is a Horizon CL5 wave energy device demonstration project. It will demonstrate a grid connected 1MW OE35 device at EMEC, which has been developed by the Irish Wave Energy Developer Ocean Energy. This project started in September 2022 and will close in August 2026.
Exceedence’s role is to provide support on techno-financial modelling and sensitivity analysis as well as cost reduction pathways.
Wave Goodbye to Diesel (WGtD) is an SEAI funded RD&D project collaboration between Exceedence and TFI Marine, and commercial partner MOWI Ireland. This project is developing a novel wave-driven renewable energy solution for the aquaculture market, specifically to provide renewable energy to Feed barges offshore.
Exceedence’s role is project management, project communications and dissemination, as well as KPI modelling and analysis. A dashboard will also be built to stream performance data which will showcase the system as an enabling backbone for power and communications, catalysing other instrumentation and digitalisation possibilities.
The Marine Energy Alliance (MEA) is a NWE Interreg project that closed in March 2023. The aim of MEA has been to progress the technical and commercial maturity level of early-stage (TRL 3 – 4) marine energy technology companies with the overall goal of reducing the risk of device failure in subsequent demonstration phases.
Exceedence were part of the transnational team of technical and commercial marine energy experts. We provided the commercial services to 15 of 40 technology developers (wave, tidal, floating offshore wind and offshore solar); Services included but were not limited to: licences to our software, LCOE assessment, modelling and analysis, cost reduction pathways, partnership landscaping, pitch deck content creation, market analysis for wave applications, and content for funding applications.
The Innovate UK funded project ‘Stinger Keel Floating Wind Turbine Foundation UK Concept Development’, saw Exceedence be part of a team of experts to support the floating wind foundation developer Floating Energy Systems Ltd. further develop their innovative concept. Exceedence supported the project with updated LCOE models and analysis, comparing the Stinger Keel concept with the Hywind floating foundation, as well as conducting a market analysis on the floating offshore wind sector, which included industry outlook, market size, competitive landscape, and some competing technologies. We also provided content to update Floating Energy Systems Ltd pitch deck.
Floating Energy Systems Client Case Study | UK Project (exfinsoftware.com)
OPTIWAVE – Financial and engineering optimisation software for wave energy systems
Jointly developed by Wood and Exceedence, the OptiWave platform combines two software tools, Exfin, a techno-financial modelling package that performs detailed financial appraisals, and Flexcom Wave, an offshore marine energy engineering simulator that provides enhanced insight into power generation capabilities and structural designs.
More info and to arrange a demo here