IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v16y2019i21p4122-d280459.html
   My bibliography  Save this article

Economic Aspects of a Concrete Floating Offshore Wind Platform in the Atlantic Arc of Europe

Author

Listed:
  • Eugenio Baita-Saavedra

    (Escola Politécnica Superior, Universidade da Coruña, Esteiro, 15471 Ferrol, Spain)

  • David Cordal-Iglesias

    (Escola Politécnica Superior, Universidade da Coruña, Esteiro, 15471 Ferrol, Spain)

  • Almudena Filgueira-Vizoso

    (Departamento de Química, Escola Politécnica Superior, Universidade da Coruña, Esteiro, 15471 Ferrol, Spain)

  • Laura Castro-Santos

    (Departamento de Enxeñaría Naval e Industrial, Escola Politécnica Superior, Universidade da Coruña, Esteiro, 15471 Ferrol, Spain)

Abstract

The objective of this paper is to examine the economic aspects of a concrete offshore wind floating platform in the Atlantic Arc of Europe (Portugal and Spain). The life-cycle cost of a concrete floating offshore wind platform is considered to calculate the main economic parameters that will define the economic feasibility of the offshore wind farm. The case of study is the concrete floating offshore wind platform Telwind ® , a spar platform with a revolutionary way of installing using a self-erecting telescopic tower of the wind turbine. In addition, the study analyses thirteen locations in Spain and twenty in Portugal, including the Atlantic islands of both countries. Results indicate that the economically feasible location to install a concrete offshore wind farm composed of concrete platforms is the Canary Islands (Spain) and Flores (Portugal).

Suggested Citation

  • Eugenio Baita-Saavedra & David Cordal-Iglesias & Almudena Filgueira-Vizoso & Laura Castro-Santos, 2019. "Economic Aspects of a Concrete Floating Offshore Wind Platform in the Atlantic Arc of Europe," IJERPH, MDPI, vol. 16(21), pages 1-15, October.
  • Handle: RePEc:gam:jijerp:v:16:y:2019:i:21:p:4122-:d:280459
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/16/21/4122/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1660-4601/16/21/4122/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Suárez de Vivero, Juan Luis & Rodríguez Mateos, Juan Carlos, 2012. "The Spanish approach to marine spatial planning. Marine Strategy Framework Directive vs. EU Integrated Maritime Policy," Marine Policy, Elsevier, vol. 36(1), pages 18-27, January.
    2. Reimers, Britta & Özdirik, Burcu & Kaltschmitt, Martin, 2014. "Greenhouse gas emissions from electricity generated by offshore wind farms," Renewable Energy, Elsevier, vol. 72(C), pages 428-438.
    3. Myhr, Anders & Bjerkseter, Catho & Ågotnes, Anders & Nygaard, Tor A., 2014. "Levelised cost of energy for offshore floating wind turbines in a life cycle perspective," Renewable Energy, Elsevier, vol. 66(C), pages 714-728.
    4. Ladenburg, Jacob, 2009. "Visual impact assessment of offshore wind farms and prior experience," Applied Energy, Elsevier, vol. 86(3), pages 380-387, March.
    5. Celik, Ali Naci, 2004. "A statistical analysis of wind power density based on the Weibull and Rayleigh models at the southern region of Turkey," Renewable Energy, Elsevier, vol. 29(4), pages 593-604.
    6. Pacheco, A. & Gorbeña, E. & Sequeira, C. & Jerez, S., 2017. "An evaluation of offshore wind power production by floatable systems: A case study from SW Portugal," Energy, Elsevier, vol. 131(C), pages 239-250.
    7. Sun, Xiaojing & Huang, Diangui & Wu, Guoqing, 2012. "The current state of offshore wind energy technology development," Energy, Elsevier, vol. 41(1), pages 298-312.
    8. Topham, Eva & McMillan, David, 2017. "Sustainable decommissioning of an offshore wind farm," Renewable Energy, Elsevier, vol. 102(PB), pages 470-480.
    9. Mytilinou, Varvara & Kolios, Athanasios J., 2019. "Techno-economic optimisation of offshore wind farms based on life cycle cost analysis on the UK," Renewable Energy, Elsevier, vol. 132(C), pages 439-454.
    10. Esteban, Miguel & Leary, David, 2012. "Current developments and future prospects of offshore wind and ocean energy," Applied Energy, Elsevier, vol. 90(1), pages 128-136.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nurullah Yildiz & Hassan Hemida & Charalampos Baniotopoulos, 2024. "Operation, Maintenance, and Decommissioning Cost in Life-Cycle Cost Analysis of Floating Wind Turbines," Energies, MDPI, vol. 17(6), pages 1-18, March.
    2. Díaz, H. & Silva, D. & Bernardo, C. & Guedes Soares, C., 2023. "Micro sitting of floating wind turbines in a wind farm using a multi-criteria framework," Renewable Energy, Elsevier, vol. 204(C), pages 449-474.
    3. Laura Castro-Santos & Maite deCastro & Xurxo Costoya & Almudena Filgueira-Vizoso & Isabel Lamas-Galdo & Americo Ribeiro & João M. Dias & Moncho Gómez-Gesteira, 2021. "Economic Feasibility of Floating Offshore Wind Farms Considering Near Future Wind Resources: Case Study of Iberian Coast and Bay of Biscay," IJERPH, MDPI, vol. 18(5), pages 1-16, March.

    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.
    1. Wang, Xuefei & Zeng, Xiangwu & Li, Xinyao & Li, Jiale, 2019. "Investigation on offshore wind turbine with an innovative hybrid monopile foundation: An experimental based study," Renewable Energy, Elsevier, vol. 132(C), pages 129-141.
    2. Bosch, Jonathan & Staffell, Iain & Hawkes, Adam D., 2019. "Global levelised cost of electricity from offshore wind," Energy, Elsevier, vol. 189(C).
    3. Zountouridou, E.I. & Kiokes, G.C. & Chakalis, S. & Georgilakis, P.S. & Hatziargyriou, N.D., 2015. "Offshore floating wind parks in the deep waters of Mediterranean Sea," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 433-448.
    4. 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.
    5. 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.
    6. Chenglong Guo & Wanan Sheng & Dakshina G. De Silva & George Aggidis, 2023. "A Review of the Levelized Cost of Wave Energy Based on a Techno-Economic Model," Energies, MDPI, vol. 16(5), pages 1-30, February.
    7. Castro-Santos, Laura & Martins, Elson & Guedes Soares, C., 2017. "Economic comparison of technological alternatives to harness offshore wind and wave energies," Energy, Elsevier, vol. 140(P1), pages 1121-1130.
    8. Castro-Santos, Laura & Martins, Elson & Guedes Soares, C., 2016. "Cost assessment methodology for combined wind and wave floating offshore renewable energy systems," Renewable Energy, Elsevier, vol. 97(C), pages 866-880.
    9. Karimirad, Madjid & Michailides, Constantine, 2015. "V-shaped semisubmersible offshore wind turbine: An alternative concept for offshore wind technology," Renewable Energy, Elsevier, vol. 83(C), pages 126-143.
    10. Xue, Jie & Yip, Tsz Leung & Wu, Bing & Wu, Chaozhong & van Gelder, P.H.A.J.M., 2021. "A novel fuzzy Bayesian network-based MADM model for offshore wind turbine selection in busy waterways: An application to a case in China," Renewable Energy, Elsevier, vol. 172(C), pages 897-917.
    11. Gao, Xiaoxia & Yang, Hongxing & Lu, Lin, 2014. "Investigation into the optimal wind turbine layout patterns for a Hong Kong offshore wind farm," Energy, Elsevier, vol. 73(C), pages 430-442.
    12. 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.
    13. Shu, Z.R. & Li, Q.S. & Chan, P.W., 2015. "Investigation of offshore wind energy potential in Hong Kong based on Weibull distribution function," Applied Energy, Elsevier, vol. 156(C), pages 362-373.
    14. Rusu, Eugen & Onea, Florin, 2019. "A parallel evaluation of the wind and wave energy resources along the Latin American and European coastal environments," Renewable Energy, Elsevier, vol. 143(C), pages 1594-1607.
    15. Laura Castro-Santos & Ana Rute Bento & Carlos Guedes Soares, 2020. "The Economic Feasibility of Floating Offshore Wave Energy Farms in the North of Spain," Energies, MDPI, vol. 13(4), pages 1-19, February.
    16. Yashuang Feng & Lixiao Zhang, 2023. "The GHG Intensities of Wind Power Plants in China from a Life-Cycle Perspective: The Impacts of Geographical Location, Turbine Technology and Management Level," Sustainability, MDPI, vol. 15(5), pages 1-17, March.
    17. 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).
    18. Garcia-Teruel, Anna & Rinaldi, Giovanni & Thies, Philipp R. & Johanning, Lars & Jeffrey, Henry, 2022. "Life cycle assessment of floating offshore wind farms: An evaluation of operation and maintenance," Applied Energy, Elsevier, vol. 307(C).
    19. Schweizer, Joerg & Antonini, Alessandro & Govoni, Laura & Gottardi, Guido & Archetti, Renata & Supino, Enrico & Berretta, Claudia & Casadei, Carlo & Ozzi, Claudia, 2016. "Investigating the potential and feasibility of an offshore wind farm in the Northern Adriatic Sea," Applied Energy, Elsevier, vol. 177(C), pages 449-463.
    20. Cartelle Barros, Juan José & Lara Coira, Manuel & de la Cruz López, María Pilar & del Caño Gochi, Alfredo, 2016. "Probabilistic life-cycle cost analysis for renewable and non-renewable power plants," Energy, Elsevier, vol. 112(C), pages 774-787.

    Corrections

    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:gam:jijerp:v:16:y:2019:i:21:p:4122-:d:280459. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.