LOOP Wind – Location Optimization for Offshore Platforms – consists of an AI software platform, based in Machine Learning which seeks to optimize the location of offshore wind platforms, reducing costs and time to wind energy promotors and wind farms. The main goal of the project is to offer a new solution, to reduce the LCoE below 0,098 €/kWh by 2025 and 0,08 €/kWh by 2030, which will contribute even more for the attractiveness and efficiency of the offshore market to blue growth investors.

The project is promoted by the Wunderocean in collaboration with two research institutes, ARDITI - Regional Agency for the Development of Research Technology and Innovation and NORCE – Norwegian Research Centre, responding to the main goals of the call, namely to finance initiatives for business growth in start-up enterprises to develop, apply and commercialize innovative products and technologies, encourage cooperation between research institutions and start-ups to facilitate commercialization of innovative ideas, products and processes and enhance cooperation between Portuguese entities and entities from the Donor States.

Project Designation:   LOOP WIND - Location Optimization for Offshore Platforms (PT-INNOVATION-0061)
Program:   EEA Grants 2014-2021/Blue Growth Programme
Start Date:   04/03/2021
End Date:   30/03/2023
Total Budget:   149 954,00 €
Funding:   127 461,00 €
ARDITI Budget:   50 112,00€
ARDITI Funding:   46 538,09€
Coordinator:   Wunderocean, Lda.
Partners:   Wunderocean, Lda, ARDITI, NORCE - Norwegian Research Centre, A.S.


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