and dynamics of a system in order to characterize and
reduce OpEx may be extremely challenging. For this reason, my work consists of developing computational tools
for the characterization and optimization of the management procedures of a renewable power plant. In particular, my models focus on the operational procedures of offshore renewable farms constituted by offshore wind, tidal
or wave energy devices. My advice: Take into account all
the fxed and variable expenses associated with the deployment of the devices to provide different scenarios and predict reliability, availability and maintainability of the
power plant. Selection of the most cost-effective scenario
and minimization of the risks in the decision-making process is then pivotal to minimize costs.
The main costs for a Renewable Energy Generation Project can be divided in few categories: development, fnancing, construction, monitoring and O&M. All the costs can
be reduced to the minimum by allocating the responsibility to the correct agent on the chain.
Firstly, the investor has to decide how many agents
will be present in the chain. A fully vertical investing
company may be the only one agent, such adding only a
single mark-up in all the process, from development to
the grid (D2G).
If the investor decides to divide the chain to minimize the risks, we will
generally have more agents: the developer, the EPC, the main components
suppliers, the O&M company. Each one of these needs to be prepared with the
correct amount of information and guidance in order to receive correct offers,
to be analyzed afterwards and then managed with the correct legal instruments (contracts and agreements).
Finally, the internal cost of the investor, such as Owner Engineering, Contract Management and Plant Monitoring maybe optimized via a specifc
department of Operational Excellence that has to lead the continuous transformation process to reach quantifable targets of effciency in all the project phases.
I believe in the entrepreneurial, collaborative approach to drive down project
costs. Conceptually it is quite simple: select the right people and companies,
create fnancial incentives so that each entity is motivated to cooperate with