We do that by delivering a wide range of services within engineering, planning, management and due diligence, spanning the entire value chain of an energy project.
Before development can start and before any investment can be made, a robust business case must be established.
Our multi-specialist team of experts can help you build a strategy for your business case and establish proof of concept to make the planning and approval stages more efficient and productive.
Whether your project is just a concept or you’ve got a site in mind, calculating your business case with all the variables mapped out is a great starting point for making some of these early decisions. Find out how our business case calculator can get you started.
Any development is only as strong as the foundations that it is built on. Good energy project management starts at the earliest stages of project planning and early design decisions such as contracting strategy and contractor selection will have a major influence on the eventual outcome of any project.
Specialist input from knowledgeable professionals is essential to ensuring an optimal technical design of a project and, ultimately, the best value business case.
Having an owner’s engineer that can work end-to-end but still take care of the finer details is something that gives our clients peace of mind.
From concept design to commissioning and everything in between, K2 Management’s engineers cover a broad range of expertise and have been involved in some of the world’s biggest and best projects.
Leveraging our hands-on experience from thousands of energy projects is a smart thing to do.
In our role as lender’s technical advisor, we see the projects of the future five years before they generate their first kW of power.
We see innovative solutions to future challenges. We see mistakes and risks at an early stage, when they can still be mitigated. We gather insights from across the market as we assist lenders and investors across the globe.
Most importantly, and thanks to all of these insights, we see things that others don’t. And that adds value to our clients and their projects.
When our clients are constructing a wind farm, they want to keep quality and safety high, budget and time on track and they want to deliver the best project possible.
Getting project execution right isn’t easy, particularly for our clients who don’t have a suite of experts in-house to tap into.
Our project management expertise spans package management, HSEQ, quality management, regulatory support, balance of plant management and much more, either separately or as a full, end-to-end role.
We match our expertise to our client’s need to deliver their project on time, on spec and on budget.
K2 Management delivered full scope construction management on the €1.4bn Deutsche Bucht offshore wind farm in the German North Sea.
The first foreign-owned wind farm in Vietnam, Dam Nai, has achieved successful completion, becoming commercially operational in early 2019.
K2 Management supported John Laing in assessing its pipeline of Australian opportunities, delivering technical due diligence on four successful transactions in a 12-month period.
With the growing scale of wind farms, both onshore and offshore, there has been increased focus on wake, or turbine interaction, effects in recent years. Due to the size and multi-array nature of offshore wind farms, turbine interaction effects are typically one of the dominant impacts on the energy yield of these projects.
The blockage effect, a particular aspect of turbine interaction effects, has been a prominent topic in the wind industry since October 2019, when Ørsted reduced the long-term energy yield predictions for their portfolio of wind farms which had a significant financial impact. The blockage effect phenomenon is observed upwind of wind farms where the operational wind turbine generators (WTGs) act as an obstacle to the wind flow and cause a deceleration of the wind speeds entering the wind farm, reducing the available kinetic energy.
Taking the blockage effect into account as part of an energy yield prediction is becoming increasingly common but there is more at play to ensure the validity of your predictions.
Here we discuss four steps that you can take to reduce uncertainty:
With each evolution of turbine technology, the trend is clear. Bigger turbine with bigger blades, bigger capacity and ultimately a bigger commercial benefit. However, there may come a point when going bigger isn’t commercially or economically viable and although it’s unclear when this might happen, it inspires some interesting questions.
Some say bigger is better when it comes to turbines, but what challenges come with ever increasing technology and will there still be a market for smaller technology?