The construction of wind farms in the North and Baltic Seas creates technical challenges for builders, operators and insurers alike, as we have had very little experience with this new technology. The OCoP facilitates the early identification and assessment of risks such as the risk that weapons will be found on the ocean floor and that removing them will delay construction and increase costs, or the risk that the anti-corrosive coating of the wind park's components, which need to be able to remain in place for at least 20 years, will be damaged during transport, requiring expensive repairs.
Identifying risks, deriving protective measures
Risks are described for each phase of construction and trial operation and these risks are classified in one of four categories: low, medium, high and very high. Significant risks and protective measures are then derived from this assessment. The potential impact of protective measures is assessed using three categories: excellent, adequate and deficient. These guidelines represent a non-binding recommendation, which may be adapted to suit the specific circumstances of each project. They are designed to be used alongside the statutory rules for the construction of offshore wind farms.
For the OCoP, insurers joined with 90 experts from various sectors of the offshore wind industry to analyze more than 500 risks and identify specific protective measures. The OCoP creates transparency with regard to risks and provides a risk management manual for the construction and trial operation of offshore wind farms.