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Influence of Size on the Economic Feasibility of Floating Offshore Wind Farms

Author

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  • Laura Castro-Santos

    (Departamento de Enxeñaría Naval e Industrial, 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)

  • Carlos Álvarez-Feal

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

  • Luis Carral

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

Abstract

This paper uses a method to analyze the economic influence of the size of floating offshore wind farms. The economic aspects analyzed, LCOE (Levelized Cost Of Energy) and costs, depend on the number of floating offshore wind turbines, which establishes the effect of the size of the farm. This influence has been carried out for a map in a specific location. Regarding the case study, 18 alternatives have been considered taking into account the total power of the farm and the types of floating platforms. These aspects have been studied for the location of Galicia (Spain). Results indicate how LCOE and costs vary when the size of the floating offshore wind farm is increased for the studied kinds of offshore structures. Results are useful for planning an offshore wind farm in deep waters in future investments.

Suggested Citation

  • Laura Castro-Santos & Almudena Filgueira-Vizoso & Carlos Álvarez-Feal & Luis Carral, 2018. "Influence of Size on the Economic Feasibility of Floating Offshore Wind Farms," Sustainability, MDPI, vol. 10(12), pages 1-13, November.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:12:p:4484-:d:186264
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    References listed on IDEAS

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    Cited by:

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    2. Díaz, H. & Guedes Soares, C., 2020. "An integrated GIS approach for site selection of floating offshore wind farms in the Atlantic continental European coastline," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
    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.
    4. Jan Michna & Krzysztof Rogowski & Galih Bangga & Martin O. L. Hansen, 2021. "Accuracy of the Gamma Re-Theta Transition Model for Simulating the DU-91-W2-250 Airfoil at High Reynolds Numbers," Energies, MDPI, vol. 14(24), pages 1-29, December.
    5. López-Queija, Javier & Robles, Eider & Jugo, Josu & Alonso-Quesada, Santiago, 2022. "Review of control technologies for floating offshore wind turbines," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
    6. Govindan, Kannan, 2023. "Pathways to low carbon energy transition through multi criteria assessment of offshore wind energy barriers," Technological Forecasting and Social Change, Elsevier, vol. 187(C).

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