Exceedence, Your Specialist in Renewable Energy Consultancy Services

Although we don’t provide an audit function for financial models, we have partnered with EY to provide end-to-end technical and financial due diligence services. Very often, our expertise comes from the technical inputs and credible ranges used to deliver these models’ results. We have also prepared tailored and confidential “state-of-the-art” and market briefings for investor groups.

We recently conducted a feasibility study for Atlantic Technical University. This was a pre-commercial feasibility study looking at marine technology the university was or is developing through Enterprise Ireland funding. We worked very closely with the stakeholders involved in the innovation, including the inventor, Enterprise Ireland, the university knowledge transfer unit, and a number of potential customers.

This typically involves a mix of renewable energy consultancy, coaching, and deep engagement with the company’s C-suite team.
Our process usually begins with thoroughly reviewing the company’s techno-financial models to ensure they align with industry outlooks. We synthesise a range of current and historical reports and source additional relevant data as needed. We then assist in optimising and exploring options based on the company’s priorities, including fundraising, cost-benefit analysis, or technical triage.

Ultimately, we collaborate with the team to develop a robust business plan and model supported by a strong, independent, data-driven evidence base.

The highest potential return is only possible if local policies support its development and if there is market access or a route to existing or emerging markets.
For numerous clients and projects, we have conducted market studies policy reviews and developed go-to-market strategies. For instance, we created a market study for a tidal energy technology to be deployed in Southeast Asia, examining resource opportunities, market support mechanisms, and partnering capabilities in the region.

These efforts can sometimes focus on a specific sector, such as deploying floating wind technology in the UK. A broader example is our report prepared for the EU-SCORES project, which details installed capacities and future cost targets for offshore energy, distinguishing between fixed and floating wind, offshore floating photovoltaic, and wave energy. You can read more about it here.

We’ve also been involved in market studies for various sectors, including aquaculture, wave energy, tidal energy, diesel offset, community wind and PV, floating PV, offshore hydrogen, and power-to-X. Our geographic focus spans Europe, the UK, North America, South America, Asia, and Australia

Using our expertise and software, we offer transparency in financial processes, which is crucial for building community trust. This transparency ensures that all stakeholders funding local renewable energy projects see fair and equitable returns and risk distributions.

We recently concluded a renewable energy consultancy project with University College Cork, funded by the Sustainable Energy Authority of Ireland, called CrowdPower. Our role involved exploring financial options for crowdsourced renewable energy projects, including crowdfunding. You can read more about the project here.

Additionally, we have been involved in a proposal for developing regional renewable heat for communities, bringing our expertise in transparent financial modelling and business case development.

Our approach involves collaborating with clients to understand their development timelines, goals, and priorities. We offer various levels of engagement, from providing signposting and mapping to assisting with proposal and pitch writing and, in select cases, partnering on joint proposals.

Our expertise spans a range of funding sources, including Enterprise Ireland, Marine Institute, SEAI RD&D, Innovate UK, InvestNI, Intertrade Ireland, EU Horizon Funding, Interreg funding, Climate KIC, European Space Agency, Local Enterprise Office, Australian ARENA, Offshore Wind Growth Partnership, Ireland and UK tenders, and crowdfunding. In partnership with crowdfunding specialist IdeaSquares, we have written several blogs and conducted webinars on crowdfunding.

This data can include resource information like wind or wave measurements, cost data related to installation or capital equipment, and technology performance data. We have developed several tools to source and analyse these data types. In bespoke situations, our software and engineering capabilities allow us to identify, curate, and parse large amounts of data to extract meaningful insights. We can also source data on behalf of clients.

We have worked with the Open Data Institute and the Marine Institute to add value to existing open data sets and published the results in the Irish government’s open data portal
Currently, we are engaged in a project with the European Space Agency to generate wind data from satellite measurements far offshore. We are working with partners NORCE and SBG to deliver this game-changing data set to the offshore sector.

A recent example of our work involved parsing historical data for a wind farm over several years to build a comparative financial model. This deep dive allowed us to identify technical and financial underperformance areas and understand the reasons behind them. Furthermore, it enabled us to predict the future impact of maintaining the status quo and to pioneer scenarios to improve the project’s profitability significantly. We did this project with the offshore wind Catapult in the UK and EU Datapitch