Cables are 10% of the cost of windfarms, but 80% of the insurance claims.
Our co-founder, Dr Chris Minto, recently spoke with Recharge about the appalling cost of cable failure in the offshore wind industry and the need to improve cable monitoring to provide more warning of failure.
Indeximate uses signals collected from optical fibres in subsea power cables to build a health profile for the cable and forecast failure weeks and months in advance. As the offshore wind sector expands, the need for better monitoring of subsea cables will become more acute.
To read more about how Indeximate is helping the industry to improve cable monitoring and reduce repair costs and claims, read Chris’ interview here.