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Reliability of Renewable Power Generation using the Example of Offshore Wind Farms

Author

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  • Soszyńska-Budny Joanna

    (1 Sopot University of Applied Sciences, Poland)

  • Chmielewski Mariusz

    (2 University of Gdansk, Faculty of Management, Poland)

  • Pioch Joanna

    (3 Sopot University of Applied Sciences, Poland)

Abstract

The issue of reliability and the cost of failure or maintenance costs of renewable energy sources, including wind farms, is becoming increasingly important, especially as the volume of electricity supply from such installations increases.

Suggested Citation

  • Soszyńska-Budny Joanna & Chmielewski Mariusz & Pioch Joanna, 2023. "Reliability of Renewable Power Generation using the Example of Offshore Wind Farms," Folia Oeconomica Stetinensia, Sciendo, vol. 23(1), pages 228-245, June.
  • Handle: RePEc:vrs:foeste:v:23:y:2023:i:1:p:228-245:n:14
    DOI: 10.2478/foli-2023-0012
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    References listed on IDEAS

    as
    1. Artigao, Estefania & Martín-Martínez, Sergio & Honrubia-Escribano, Andrés & Gómez-Lázaro, Emilio, 2018. "Wind turbine reliability: A comprehensive review towards effective condition monitoring development," Applied Energy, Elsevier, vol. 228(C), pages 1569-1583.
    2. Martin, Rebecca & Lazakis, Iraklis & Barbouchi, Sami & Johanning, Lars, 2016. "Sensitivity analysis of offshore wind farm operation and maintenance cost and availability," Renewable Energy, Elsevier, vol. 85(C), pages 1226-1236.
    3. Scheu, Matti Niclas & Kolios, Athanasios & Fischer, Tim & Brennan, Feargal, 2017. "Influence of statistical uncertainty of component reliability estimations on offshore wind farm availability," Reliability Engineering and System Safety, Elsevier, vol. 168(C), pages 28-39.
    4. Sebastian Pfaffel & Stefan Faulstich & Kurt Rohrig, 2017. "Performance and Reliability of Wind Turbines: A Review," Energies, MDPI, vol. 10(11), pages 1-27, November.
    5. Pinar Pérez, Jesús María & García Márquez, Fausto Pedro & Tobias, Andrew & Papaelias, Mayorkinos, 2013. "Wind turbine reliability analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 23(C), pages 463-472.
    6. Jia, Xiaodong & Jin, Chao & Buzza, Matt & Wang, Wei & Lee, Jay, 2016. "Wind turbine performance degradation assessment based on a novel similarity metric for machine performance curves," Renewable Energy, Elsevier, vol. 99(C), pages 1191-1201.
    7. Leimeister, Mareike & Kolios, Athanasios, 2018. "A review of reliability-based methods for risk analysis and their application in the offshore wind industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 91(C), pages 1065-1076.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Reliability; failure costs; maintenance costs; renewable power; RES; offshore wind farm efficiency;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • B49 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Other
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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