Exceedence Ltd. provided services on levelised cost of energy (LCOE) and sensitivity analysis on the key cost drivers for the HelioRec technology.
Exceedence Ltd. are using their techno-financial software to support and verify the targets set by HelioRec.
Providing insights into the cost drivers of the HelioRec technology has given clearer
understanding of their proposed business models and the product solutions they are
offering to ensure a profitable and competitive technology.
Through the Interreg programme the NWE Marine Energy Alliance, HelioRec received commercial services from Exceedence.
Having an independent LCOE report that details the different scenarios allows HelioRec to better understand the business decisions that we need to make.
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