North East cleantech scale-up Kinewell Energy has signed a multi-year global contract renewal with Equinor for the continued use of its offshore wind cost optimisation software, KLOC.
The contract follows over four years of successful collaboration between the two companies, with Equinor using Kinewell’s KLOC software for optimising cable systems for offshore wind projects.
The Kinewell Layout Optimisation of Cable (KLOC) software utilises AI-powered technology to rapidly design optimised inter-array cable layouts for offshore wind farms.
KLOC uses advanced mathematical optimisation algorithms to produce economically optimised layouts with greater reliability, typically saving around 20% of cable system capex, while streamlining early-stage development.
Dr Andrew Jenkins, CEO and Founder of Kinewell Energy, said: “We are absolutely thrilled that our global partnership with Equinor has been renewed, and as a result, Equinor will continue to leverage the significant savings in both cost and time that our software delivers.
“With a typical 1 GW offshore wind farm’s inter-array cable system costing around USD $140m, our KLOC software provides very significant project savings.
“Thanks to these vast savings, developers the world over are increasingly turning to Kinewell’s leading software to support the cost optimisation of their projects.”
Equinor is a leading broad energy partner to the UK, supplying natural gas from Norway, developing domestic energy resources, and generating low-carbon electricity. Equinor has been operating in the UK for 40 years and aims to reach net zero emissions globally by 2050.
Headquartered in Norway, the company employs 23,000 people globally, and over 750 in the UK. Equinor’s purpose is to turn natural resources into energy for people and progress for society. Equinor supports the UK economy by investing billions in crucial energy infrastructure, working with over 700 suppliers across the country.
Equinor currently powers around 750,000 UK homes through its three operational wind farms; Sheringham Shoal, Dudgeon, and the world’s first floating wind farm, Hywind Scotland. In partnership with SSE Renewables and Vårgrønn, Equinor is building the largest offshore wind farm in the world, Dogger Bank, off the Northeast coast of England, and is maturing its plans to extend both the Dudgeon and Sheringham Shoal wind farms.
Kinewell Energy specialises in optimisation, harnessing the power of AI and advanced mathematics to create innovative technologies that add significant scalable value and impact positively on social and environmental changes.
Its highly skilled team have extensive knowledge of renewable energy infrastructure and engineering. They apply their unique algorithms to a broad range of optimisation problems through consultancy or collaboration projects.
Its current SaaS (Software as a Service) solutions, available for clients to use directly in-house, are accelerating and reducing the cost of offshore wind whilst delivering productivity gains for engineers and de-risking projects. Their market-leading KLOC software uses advanced mathematical and AI techniques to optimise inter-array cable layouts, typically saving 20% of cable CAPEX over the project’s lifespan. Their KWOTA software optimises the offshore wind turbine layout minimising wake losses and maximising energy yield, and their KDOTS software optimises export system technology choices.
Kinewell Energy is based in Newcastle, UK, and exports its technology to clients across the European, US, Japanese, South Korean, and Chinese offshore wind markets. Its solutions are trusted by global giants including Equinor, SSE Renewables, Parkwind, and Xodus, amongst other blue-chip clients who wish to remain confidential.
Media contact:
Bryce Wilcock,
Account Director,
Creo Comms.
T: 0191 562 3134 | 0787 933 9244
