Charlie Boal

Managing Consultant

Expertise and skills

Offshore wind // Marine spatial planning // Bid strategy and competitor analysis // Cost of energy modelling

Qualifications

MSc Sustainable Energy, University of Glasgow // BEng Aeronautical Engineering, University of Glasgow

Overview

Managing Consultant (2025 to present).

Charlie manages our cost of energy analysis team and services. He develops and maintains our internal cost models and cost elements of client projects. Charlie is experienced in assessing the levelised cost of energy (LCOE) of offshore wind projects. He provides competitor analyses for major developers to inform offtake bidding strategies. He has also helped governments identify the least cost sites for offshore wind projects. BVGA’s models include bottom-up cost models for both fixed-bottom and floating OSW technologies. He has also conducted LCOE analysis on non-standard projects, such as a small-scale installations and nearshore projects.

Charlie is knowledgeable in offshore wind ports and logistics. Charlie has extensive understanding of floating OSW design and installation logistics. He uses this to model the entire development process, from manufacture to commissioning, from a ports and vessels perspective. Charlie has applied this to help ports develop business cases for floating OSW.

Clients benefit from his knowledge of costs and the driving forces behind them. His strong communication style and attention to detail brings a thorough and measured approach to projects.

Career experience

Consultant BVG Associates (2021 to 2023), Senior Consultant BVG Associates (2023 to 2025).

Charlie delivered projects to clients, including research, analysis, client engagement and developing output. He engaged with industry to gain insight into projects, technology, current trends and thinking. He also built in-house knowledge management tools.

Recent key projects

Long-term floating wind business case support

Charlie provided continued support for Milford Haven Port Authority (MHPA) in developing a business case around floating offshore wind for its Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) applications, This included an information pack on how ports support offshore wind, a forecast of market demand, and a revenue model.

Business case review for Scapa Deep Water Quay (SDWQ)

SDWQ is a proposed port development in Orkney. Highlands and Irelands Enterprise (HIE) was seeking to review the business case for SDWQ. Charlie was part of a team that challenged, reviewed and updated the assumptions that went into the overall business cases across two scenarios.

Modelling logistics for fixed and floating offshore wind projects in Scotland

The Port of Lerwick was planning upgrades to enable it to support the deployment of offshore wind energy in Scotland. Charlie helped identify what projects the port could serve and what revenues it could achieve from different offshore wind related port service. This work was used to support applications for funding to support port upgrades.

Offshore Renewable Energy Catapult: Guide to a Floating Offshore Wind Farm

Charlie developed much of the costs used in this highly successful Guide, working with developers and suppliers to ensure they reflected industry values.

Tara Climate Foundation: Japan offshore Wind spatial plan

Charlie led our GIS work to develop LCOE maps for the exclusive economic zone of Japan. This enabled the Japanese Government to establish the best areas for offshore wind development.

Leading global develop: Massachusetts 83C IV competitor analysis

To help a developer establish its competitive position in a US offshore wind solicitation, Charlie conducted an LCOE analysis of the client’s project and others expected to participate in the auction. This required navigating US-specific cost implications and federal tax credits.