Assessment of capital expenditure for fixed-bottom offshore wind farms using probabilistic engineering cost model
Author
Abstract
Suggested Citation
DOI: 10.1016/j.apenergy.2023.120912
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Ioannou, Anastasia & Angus, Andrew & Brennan, Feargal, 2018. "A lifecycle techno-economic model of offshore wind energy for different entry and exit instances," Applied Energy, Elsevier, vol. 221(C), pages 406-424.
- Shamsan Alsubal & Wesam Salah Alaloul & Eu Lim Shawn & M. S. Liew & Pavitirakumar Palaniappan & Muhammad Ali Musarat, 2021. "Life Cycle Cost Assessment of Offshore Wind Farm: Kudat Malaysia Case," Sustainability, MDPI, vol. 13(14), pages 1-14, July.
- Shields, Matt & Beiter, Philipp & Nunemaker, Jake & Cooperman, Aubryn & Duffy, Patrick, 2021. "Impacts of turbine and plant upsizing on the levelized cost of energy for offshore wind," Applied Energy, Elsevier, vol. 298(C).
- Caglayan, Dilara Gulcin & Ryberg, David Severin & Heinrichs, Heidi & Linßen, Jochen & Stolten, Detlef & Robinius, Martin, 2019. "The techno-economic potential of offshore wind energy with optimized future turbine designs in Europe," Applied Energy, Elsevier, vol. 255(C).
- Yuka Kikuchi & Takeshi Ishihara, 2021. "Availability and LCOE Analysis Considering Failure Rate and Downtime for Onshore Wind Turbines in Japan," Energies, MDPI, vol. 14(12), pages 1-17, June.
- Lacal-Arántegui, Roberto & Yusta, José M. & Domínguez-Navarro, José Antonio, 2018. "Offshore wind installation: Analysing the evidence behind improvements in installation time," Renewable and Sustainable Energy Reviews, Elsevier, vol. 92(C), pages 133-145.
- Dicorato, M. & Forte, G. & Pisani, M. & Trovato, M., 2011. "Guidelines for assessment of investment cost for offshore wind generation," Renewable Energy, Elsevier, vol. 36(8), pages 2043-2051.
- Duffy, Aidan & Hand, Maureen & Wiser, Ryan & Lantz, Eric & Dalla Riva, Alberto & Berkhout, Volker & Stenkvist, Maria & Weir, David & Lacal-Arántegui, Roberto, 2020. "Land-based wind energy cost trends in Germany, Denmark, Ireland, Norway, Sweden and the United States," Applied Energy, Elsevier, vol. 277(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Santhakumar, Srinivasan & Smart, Gavin & Noonan, Miriam & Meerman, Hans & Faaij, André, 2022. "Technological progress observed for fixed-bottom offshore wind in the EU and UK," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
- Judge, Frances & McAuliffe, Fiona Devoy & Sperstad, Iver Bakken & Chester, Rachel & Flannery, Brian & Lynch, Katie & Murphy, Jimmy, 2019. "A lifecycle financial analysis model for offshore wind farms," Renewable and Sustainable Energy Reviews, Elsevier, vol. 103(C), pages 370-383.
- Lin, Zi & Cevasco, Debora & Collu, Maurizio, 2020. "A methodology to develop reduced-order models to support the operation and maintenance of offshore wind turbines," Applied Energy, Elsevier, vol. 259(C).
- Benjamin Pakenham & Anna Ermakova & Ali Mehmanparast, 2021. "A Review of Life Extension Strategies for Offshore Wind Farms Using Techno-Economic Assessments," Energies, MDPI, vol. 14(7), pages 1-23, March.
- Wu, Yunna & Liu, Fangtong & Wu, Junhao & He, Jiaming & Xu, Minjia & Zhou, Jianli, 2022. "Barrier identification and analysis framework to the development of offshore wind-to-hydrogen projects," Energy, Elsevier, vol. 239(PB).
- Maienza, C. & Avossa, A.M. & Ricciardelli, F. & Coiro, D. & Troise, G. & Georgakis, C.T., 2020. "A life cycle cost model for floating offshore wind farms," Applied Energy, Elsevier, vol. 266(C).
- Gao, Qiang & Yuan, Rui & Ertugrul, Nesimi & Ding, Boyin & Hayward, Jennifer A. & Li, Ye, 2023. "Analysis of energy variability and costs for offshore wind and hybrid power unit with equivalent energy storage system," Applied Energy, Elsevier, vol. 342(C).
- Nikkhah, Saman & Rabiee, Abbas, 2018. "Optimal wind power generation investment, considering voltage stability of power systems," Renewable Energy, Elsevier, vol. 115(C), pages 308-325.
- Christoph Wolter & Henrik Klinge Jacobsen & Lorenzo Zeni & Georgios Rogdakis & Nicolaos A. Cutululis, 2020. "Overplanting in offshore wind power plants in different regulatory regimes," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 9(3), May.
- Sajid Ali & Sang-Moon Lee & Choon-Man Jang, 2017. "Techno-Economic Assessment of Wind Energy Potential at Three Locations in South Korea Using Long-Term Measured Wind Data," Energies, MDPI, vol. 10(9), pages 1-24, September.
- Fouz, D.M. & Carballo, R. & López, I. & González, X.P. & Iglesias, G., 2023. "A methodology for cost-effective analysis of hydrokinetic energy projects," Energy, Elsevier, vol. 282(C).
- Deveci, Muhammet & Cali, Umit & Kucuksari, Sadik & Erdogan, Nuh, 2020. "Interval type-2 fuzzy sets based multi-criteria decision-making model for offshore wind farm development in Ireland," Energy, Elsevier, vol. 198(C).
- Astariz, S. & Iglesias, G., 2016. "Output power smoothing and reduced downtime period by combined wind and wave energy farms," Energy, Elsevier, vol. 97(C), pages 69-81.
- Farid Khazaeli Moghadam & Nils Desch, 2023. "Life Cycle Assessment of Various PMSG-Based Drivetrain Concepts for 15 MW Offshore Wind Turbines Applications," Energies, MDPI, vol. 16(3), pages 1-26, February.
- Rubio-Domingo, G. & Linares, P., 2021. "The future investment costs of offshore wind: An estimation based on auction results," Renewable and Sustainable Energy Reviews, Elsevier, vol. 148(C).
- Satir, Mert & Murphy, Fionnuala & McDonnell, Kevin, 2018. "Feasibility study of an offshore wind farm in the Aegean Sea, Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2552-2562.
- Zhang, Lijun & Li, Ye & Xu, Wenhao & Gao, Zhiteng & Fang, Long & Li, Rongfu & Ding, Boyin & Zhao, Bin & Leng, Jun & He, Fenglan, 2022. "Systematic analysis of performance and cost of two floating offshore wind turbines with significant interactions," Applied Energy, Elsevier, vol. 321(C).
- Liu, Min & Qin, Jianjun & Lu, Da-Gang & Zhang, Wei-Heng & Zhu, Jiang-Sheng & Faber, Michael Havbro, 2022. "Towards resilience of offshore wind farms: A framework and application to asset integrity management," Applied Energy, Elsevier, vol. 322(C).
- Khadijah Barashid & Amr Munshi & Ahmad Alhindi, 2023. "Wind Farm Power Prediction Considering Layout and Wake Effect: Case Study of Saudi Arabia," Energies, MDPI, vol. 16(2), pages 1-22, January.
- Meng, Yongqing & Yan, Shuhao & Wu, Kang & Ning, Lianhui & Li, Xuan & Wang, Xiuli & Wang, Xifan, 2021. "Comparative economic analysis of low frequency AC transmission system for the integration of large offshore wind farms," Renewable Energy, Elsevier, vol. 179(C), pages 1955-1968.
More about this item
Keywords
Fixed-bottom offshore wind farm; Capital expenditure; Engineering cost model; Uncertainty; Cost reduction scenarios in Japan;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:341:y:2023:i:c:s0306261923002763. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.