Friday 27 October 2023

With some estimates putting the cost of subsea cable failure for Offshore Wind at more than £500 million in 2020, the average insurance claim worth more than £3 million, and an estimated 30% failure rate in any given year, IMCA has released a new Code of Practice to improve the installation of underwater power cables in offshore wind.

The Code of Practice for Offshore Cable Laying in the Renewable Energy Industry (IMCA M264) addresses issues for the safe laying and terminating of offshore power cables to prevent damage, a significant challenge for offshore wind where rates of failure result in millions worth of loss to everyone involved in delivery – including contractors, developers, and insurers.

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