Project overview:

Long-Term Availability and Bankability of Offshore Wind Through Hurricane Risk Assessment and Mitigation

Awardee:

Northeastern University

Start Date:

Q2, 2022

Technical Challenge Area:

Environment and Conflicting Use

Completion Date:

Q1, 2024

Synopsis:

This project aims to develop an improved hurricane prediction model with broad industry applications, including developers, researchers, financial, and risk firms. Addressing a current gap in accurate hurricane analysis and modeling, this endeavor is critical for ensuring the safety and efficiency of offshore wind operations.

Target Outcomes:

Develop an improved and highly accurate hurricane prediction model that surpasses existing capabilities. This model will provide more precise forecasts of hurricane behavior, aiding various stakeholders in making informed decisions.

Ensure the newly constructed hurricane prediction model is accessible and applicable across diverse sectors, including developers, researchers, financial, and risk firms. This enables a comprehensive and collaborative approach to addressing hurricane-related challenges.

Accurate hurricane modeling enhances the safety and operational efficiency of offshore wind projects. This will minimize potential risks and costly disruptions associated with severe weather conditions, ultimately leading to more reliable operations.

Promote the adoption of the developed model across the industry. Encourage developers, researchers, and financial institutions to incorporate the model into their decision-making processes, fostering a more resilient and proactive approach to hurricane impact mitigation

Address the identified deficiency in hurricane analysis and modeling based on industry survey results. Fill this gap by providing an effective tool that enhances understanding and preparation for hurricane events, leading to improved response and management strategies.