DNV :: Managing Risk

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DNV – towards a sustainable energy future

DNV provides a vast range of risk management services for developers, manufacturers and financiers investing in renewable energy options. We provide a clear overview of the risks and opportunities associated with a specific venture.

Our services cover the entire life-cycle of projects, including:Click to see video

We offer services worldwide and hold a wide range of national accreditations. With our global network of local resources, we provide the project support, risk management and certification services most appropriate for our customers' needs.

Through our technical cooperation with the RISO National Laboratory in Denmark, CENER in Spain, and the National Renewable Energy Laboratory and Sandia National Laboratory in the US, we are engaged in frontend wind energy research.

DNV is also a leading independent greenhouse gas verifier being the first company to be accredited by the UN for the verification of all major CDM scopes and holds the leading role in terms of global presence, verification and validation of projects.

SAFEGUARDING THE INDUSTRY

The large investments involved in these projects mean that investors, developers, and insurance companies often require second and third-party verification in order to reduce their risk and protect their investments. Making decisions based on sound analyses of available options at the pre-project phase can make all the difference to your project. You need to design success into your renewable energy project and we have the knowledge, skills, and experience to assist you in finding the best solutions.

CONFIDENCE IN NEW DESIGNS

Due to the impressive technological pace of the industry, new technologies are designed and type-tested within short development cycles. In order for wind turbine manufacturers to demonstrate confidence in their new wind turbine designs to their customers, wind turbine type certification is seen as a must. We have a long track record with type certification.

Since the early days of the modern wind turbine industry in the 1980s, the independent certification we provide has played an important role in minimising the number of design errors and creating confidence in the industry between manufacturers, developers, owners, finance and insurance companies, and regulatory authorities.

DECISIONS BASED ON SOUND ANALYSIS

Estimating future wind energy development potential in a given utility service territory, state, province or other large geographic region is important for deciding optimal wind farm locations. A wide range of analysis techniques are used and in many cases multiple studies of the same region provide widely differing answers. DNV has developed advanced land screening tools that can be used with other available tools and analysis techniques to develop higher confidence, lower risk assessments of the wind energy capacity that can be installed in a region.

Operational data continues to suggest that project performance differs significantly from their pre-construction energy estimates. More accurate estimates enable better decisions for financing as well as transmission interconnection and operating and maintenance strategies. DNV has developed techniques for estimating the turbine performance under given atmospheric conditions, resulting in increased accuracy and significant uncertainty reductions.

CONSTRUCTION AT NEW DEPTHS

Although wave and tidal technology is as valuable a source of renewable energy as the wind turbine industry, it has only come to the forefront of renewable energy production in recent years. Wave and tidal technology is therefore considered to be one of the newest methods of producing renewable energy. DNV is able to draw upon a long history of verification and certification support in the field of offshore oil and gas and marine industries and therefore has the expertise to set relevant safety levels for wave and tidal renewable energy converters.

CODES AND STANDARDS

Design verification, testing and certification cannot be achieved without codes and standards with which designs must comply. DNV has been active in developing international rules and standards for the offshore and onshore industry for more than two decades such as DNV-OS-J101 Design of Offshore Wind Turbine Structures and DNV-OS-J102 Design and Manufacture of Wind Turbine Blades standards.

These standards consolidate the relevant international industry experience present for offshore wind turbines and provide a basis for the design of future offshore support structures.

DNV is an independent foundation with the objective of safeguarding life, property and the environment. Our history goes back to 1864.

DNV’s understanding of technology and risk management expertise has been used to assess, evaluate and manage the risks involved in numerous high-profile projects around the world. As a knowledge-based company, our prime assets are the creativity, knowledge and expertise of our 9,000 employees from 98 nations.

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