Japan: K2 Management to support Japanese offshore wind

Wind Power Energy, consisted of Wind Power Group K.K, SB Energy and ORIX Corporation, who owns the 100 MW Kashima offshore wind project, has hired K2 Management to support in the development and construction phase to improve the overall CAPEX budget.

K2 Management will analyze the work carried out by the EPC contractor and use input and best practices from European offshore wind projects to suggest improvements on design, construction and scheduling. This will include:

• Advisory and value engineering work for EPC cost reduction
• Advisory and value engineering work for O&M cost reduction
• Advisory for shortening construction period
• Advisory work for procurement and leasing of vessel
• Evaluation for WTG selection during procurement

“We are looking forward to be supported by K2 Management. Their consultants’ experience with offshore wind projects is second to none. We are confident this cooperation will improve the profitability and lower the risks for the project,” CEO and President of Wind Power Energy Mamoru Komatsuzaki comments.

Co-Founder and Senior Consultant in K2 Management Per K. Melgaard adds: “We are honored and proud being able to support Wind Power Energy developing the 100 MW Kashima offshore wind project. Building on existing knowledge and experience is the only way forward and we are pleased to be working with a client that truly understands that.”