As the industry matures, ways of procuring and managing the wide range of high value contracts required in delivering an offshore wind farm evolves. Choices depend on the capability and financial strength of the project developer and supply chain and the method of financing the project. Two key variants are explored below.
+ Offers chance of lowest outturn cost
+ Gives owner most understanding and control of their assets and the chance to best optimise
- Requires larger in-house technical and management teams
- Higher financial risk, depending on details of contracting