We supported Blade Dynamics as it developed its innovative modular blade design, leading to a successful exit through acquisition by a major wind OEM in the autumn of 2015.

One aspect of our support for Energy Technologies Institute (ETI) was in the design and implementation of a competition for the development of very long blades for offshore wind. This was following analysis that showed that the industry needed much larger rotors to complement the next generation of offshore turbines. Blade Dynamics was successful in winning this competition and eventually we were asked to provide independent advice direct to Blade Dynamics, in parallel to our support to its R&D activities through ETI.

We provided market insight relating to commercial models, cost reduction trajectories, customer quality systems and product and technology development processes to help Blade Dynamics to progress technology development and establish a credible proposition to the market. We also provided technical input on interfaces between a blade and other turbine components. We supported the CEO, CTO and other senior staff in UK and US on an as-required basis. Tasks completed included:

  • Technology value proposition for potential clients and investors – detailed independent assessment of CAPEX, OPEX, energy and cost of energy benefits of a range of innovations, considering both offshore and onshore wind applications
  • Market introductions and business development strategy support
  • Detailed explanation of design drivers for blade bearings and pitch system
  • Explanation of typical export credit arrangements
  • Analysis of the potential offshore wind market and UK content for a new blade supplier
  • Wind speed and energy production estimates for turbines using Blade Dynamics’ technology in developing markets

“We valued BVG Associates’ input covering technical, financial and market aspects of what we were trying to achieve. Its logical, robust approach and attention to detail was what we needed. Sometimes, Bruce and the team had some tough messages for us, delivered straight, but this enabled us to enjoy sharing in some great successes, too.”

Paul Hayden, Technical Director / General Manager, Blade Dynamics