An integrated, engineering driven approach to modern multi-MW wind turbine operations

The WindRisk "Enterprise Management Platform" is a composite of (1) the well-known oil and gas services company business model (following the lead of successful service companies such as Halliburton, Schlumberger and Baker Hughes which made an early specialization out of optimizing oilfield performance) together with (2) the unique business model of the Hartford Steam Boiler Company, one of the most successfully demonstrated examples in the last 100 years of an integrated approach to equipment performance, risk management and insurance services resulting in reduced insurance claims and improved operational efficiency.

The Company’s proprietary WindRisk Assessment Tool, developed over four years, is at the heart of the WindRisk Enterprise Management Platform’s integration of condition monitoring, facilities management, operations and maintenance, risk management and insurance. It enables:

  • the quantitative rating of risk, including prescriptive recommendations for reducing risk and improving the risk rating;
  • the implementation of focused risk management, risk mitigation and operational strategies;
  • a real world understanding of all aspects of the risks of wind park ownership and operation, right down to the sub-station;
  • the quantitative assessment of the real value of wind projects;
  • the development and provision of appropriate and cost effective insurance cover linked to (1) the assessment and quantification of the actual inherent risks, based on the WindRisk Rating obtained, and (2) WindRisk’s integrated condition monitoring, facilities management, and predictive/preventive pro-active operations and maintenance services; and
  • advice on existing insurance cover at renewal time, where coverage is already in place, as well as advice on insurance claims handling.

The WindRisk Enterprise Management Platform applies a sophisticated, technically-driven, integrated approach to modern multi-MW wind project operations, which is proactive, rather than reactive, and goes far beyond typical approaches in the wind industry, comprising:

  • the specification, supply and installation of "Best-of-Breed", military-derived, intelligent condition monitoring equipment and predictive/preventive maintenance programs, together with ongoing monitoring services which incorporate meaningful, easily comprehensible prescriptive alerts and reports to the wind park owner, financier or operator;
  • best-practice, proactive, integrated facilities management and project oversight services for wind parks which coordinate actual, real-time, day-to-day field operations management with state-of-the-art condition monitoring and cutting-edge predictive/preventive maintenance programs, using root cause analysis techniques and incorporating specialist software for spare parts management, maintenance scheduling and production of work orders, all designed to ensure maximum operational readiness and productivity; and
  • direct provision, where required, of a complete operations and maintenance service package for wind parks, bundled with WindRisk’s integrated condition monitoring, facilities management and project oversight services.

WindRisk’s Enterprise Management Platform enables the availability, operational efficiency and performance of wind park assets to be optimized, thus maximizing returns to stakeholders.