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Reducing Cost of Energy in the Offshore Wind Energy Sector

Reducing Cost of Energy in the Offshore Wind Energy Sector
Author: Jan Stentoft
Publisher:
Total Pages: 244
Release: 2020-01-07
Genre:
ISBN: 9788740832471

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A multidisciplinary project focusing on supply chain innovation in the offshore wind energy sector has been carried out from 2014 to 2019. Based on in-depth industry involvement, the overall objective of the project is to provide new knowledge on means for Reducing the Cost of Energy (ReCoE) obtained from offshore wind parks through industrialization of the sector. The project has been managed by the University of Southern Denmark and, beyond their own researchers from the Faculty of Business and Social Sciences and the Faculty of Engineering, has also included researchers from the United States, the United Kingdom, and France. The whole project has applied a management approach to ReCoE. This book contains 16 selected articles disseminating practical relevant knowledge about supply chain management practice, maturity, innovation-fostering practice, supply network strategies, operations and maintenance, and emerging issues. The articles are encapsulated by an introduction to ReCoE and perspectives on future developments of research within this area.


Future of wind

Future of wind
Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
Total Pages: 161
Release: 2019-10-01
Genre: Technology & Engineering
ISBN: 9292601970

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This study presents options to speed up the deployment of wind power, both onshore and offshore, until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.


Economics of Offshore Wind Power

Economics of Offshore Wind Power
Author: Rahmatallah Poudineh
Publisher: Springer
Total Pages: 177
Release: 2017-11-13
Genre: Business & Economics
ISBN: 3319664204

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The book provides an overview of the policy frameworks that have been employed to support offshore wind power, and their efficacy in nurturing sustainable cost reductions across the industry.A growing number of countries are increasingly receptive to the prospect of implementing policies to support the deployment of large-scale renewable energy. The promise of carbon-free, utility-scale power generation from offshore wind farms has incentivised and nurtured offshore wind development. However, the high relative costs of deploying offshore wind compared to alternatives have a history of making it political divisive pursuit. At the same time when many countries are just beginning to explore the possibility of developing an offshore wind industry, many other countries are experiencing what can be described as policy fatigue over supporting offshore wind. If cost reductions are not proven sustainable by the early 2020’s, then government support for offshore wind may start to erode and even completely evaporate in several key offshore wind markets – with global repercussions. This book will provide the reader with a clear picture of the current status and future challenges of the offshore wind industry globally, incorporating both a technical analysis of the cost drivers as well as a detailed analysis of policy design and economics of industry.


The Economics of Wind Energy

The Economics of Wind Energy
Author:
Publisher: EWEA
Total Pages: 156
Release: 2009
Genre: Offshore wind power plants
ISBN:

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Technological Learning in the Transition to a Low-Carbon Energy System

Technological Learning in the Transition to a Low-Carbon Energy System
Author: Martin Junginger
Publisher: Academic Press
Total Pages: 340
Release: 2019-11-22
Genre: Science
ISBN: 012818762X

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Technological Learning in the Transition to a Low-Carbon Energy System: Conceptual Issues, Empirical Findings, and Use in Energy Modeling quantifies key trends and drivers of energy technologies deployed in the energy transition. It uses the experience curve tool to show how future cost reductions and cumulative deployment of these technologies may shape the future mix of the electricity, heat and transport sectors. The book explores experience curves in detail, including possible pitfalls, and demonstrates how to quantify the 'quality' of experience curves. It discusses how this tool is implemented in models and addresses methodological challenges and solutions. For each technology, current market trends, past cost reductions and underlying drivers, available experience curves, and future prospects are considered. Electricity, heat and transport sector models are explored in-depth to show how the future deployment of these technologies--and their associated costs--determine whether ambitious decarbonization climate targets can be reached - and at what costs. The book also addresses lessons and recommendations for policymakers, industry and academics, including key technologies requiring further policy support, and what scientific knowledge gaps remain for future research. Provides a comprehensive overview of trends and drivers for major energy technologies expected to play a role in the energy transition Delivers data on cost trends, helping readers gain insights on how competitive energy technologies may become, and why Reviews the use of learning curves in environmental impacts for lifecycle assessments and energy modeling Features social learning for cost modeling and technology diffusion, including where consumer preferences play a major role


Floating Offshore Wind Farms

Floating Offshore Wind Farms
Author: Laura Castro-Santos
Publisher: Springer
Total Pages: 204
Release: 2016-03-05
Genre: Technology & Engineering
ISBN: 3319279726

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This book provides an overview of floating offshore wind farms and focuses on the economic aspects of this renewable-energy technology. It presents economic maps demonstrating the main costs, and explores various important aspects of floating offshore wind farms. It examines topics including offshore wind turbines, floating offshore wind platforms, mooring and anchoring, as well as offshore electrical systems. It is a particularly useful resource in light of the fact that most water masses are deep and therefore not suitable for fixed offshore wind farms. A valuable reference work for students and researchers interested in naval and ocean engineering and economics, this book provides a new perspective on floating offshore wind farms, and makes a useful contribution to the existing literature.


Cost of Energy Modelling and Reduction Opportunities for Offshore Wind Turbines

Cost of Energy Modelling and Reduction Opportunities for Offshore Wind Turbines
Author: James Carroll
Publisher:
Total Pages: 0
Release: 2016
Genre:
ISBN:

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The cost of generating electricity from wind turbines, particularly offshore wind turbines is currently too high. To ensure offshore wind energy is truly competitive with traditional fossil fuel and nuclear energy generation, the true cost of offshore wind energy and ways of reducing that cost must be investigated. A number of wind turbine types, differentiated through their drive train configurations, currently exist. Different wind turbine manufacturers have different drive train configurations and some manufacturers have multiple configurations within their own portfolio of turbines. There is no clear evidence as to which wind turbine drive train type is best suited to offshore sites.One way of determining which turbine drive train type is best suited to an offshore wind farm is by investigating which turbine type offers the lowest cost of energy. This thesis provides a detailed analysis of the cost of energy for different offshore wind turbine types and investigates ways in which that cost of energy can be reduced. The highest level research question amongst all of the research questions answered in this work is: "What is the overall cost of energy for different wind turbine types and how can it be reduced?"To answer that research question the author starts off in Chapter 1 by outlining the thesis objective and describing all of the other research questions that must be answered to achieve that objective. The following chapters then provide background and contain novel analyses on the variables that are required to calculate the cost of energy. Chapter two looks at the failure rates of different wind turbine types and includes novel failure rate field analysis of on and offshore wind turbines. Chapter 3 estimates O&M costs and availabilities for 4 different wind turbine types at a number of different hypothetical offshore sites. Chapter 4 estimates the cost of energy of the four different wind turbine types for a number of hypothetical offshore sites. Chapter 5 then investigates ways of reducing the overall cost of energy from offshore wind. Lastly, Chapter 6 concludes the thesis.Results from each chapter are novel and provide some new insight into the variables that contribute towards calculating the cost of energy. The thesis concludes that across all sites examined, the turbine type that offers the lowest cost of energy is the direct drive permanent magnet generator with a fully rated converter. The vessel strategy that offered the lowest cost of energy with this turbine type was the fix on fail strategy across all sites and further cost of energy savings could be made through the use of condition monitoring systems, performance based maintenance contracts or through the reduction in the need for heavy lift vessels through in-built lifting or large component modularity. The results shown in this thesis will be useful for wind farm developers, operators and wind turbine manufacturers. Developers can use the results to assist in the selection of turbine types. Operators can gain an insight into what is driving their O&M costs and manufactures can see which wind turbine drive train type to develop and manufacture to satisfy one of their key customer requirements, a lower cost of energy.


Wind Vision

Wind Vision
Author: U. S. Department U.S. Department of Energy
Publisher: CreateSpace
Total Pages: 46
Release: 2015-03-18
Genre:
ISBN: 9781508860549

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This book provides a detailed roadmap of technical, economic, and institutional actions by the wind industry, the wind research community, and others to optimize wind's potential contribution to a cleaner, more reliable, low-carbon, domestic energy generation portfolio, utilizing U.S. manu-facturing and a U.S. workforce. The roadmap is intended to be the beginning of an evolving, collaborative, and necessarily dynamic process. It thus suggests an approach of continual updates at least every two years, informed by its analysis activities. Roadmap actions are identified in nine topical areas, introduced below.


Wind Energy Essentials

Wind Energy Essentials
Author: Richard P. Walker
Publisher: John Wiley & Sons
Total Pages: 512
Release: 2015-04-27
Genre: Technology & Engineering
ISBN: 1118877896

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Examines the possible societal impacts of wind energy projects and explains the potential issues faced when siting, constructing, and operating a wind energy project. This book begins with a history of wind power and the social impacts of both electricity and wind power from a historical perspective, a discussion of basic electrical terms, and a primer on the conversion of power in the wind to electricity. Much of the second half of the book is devoted to comparing wind energy to other forms of electric generation, both renewable and non-renewable sources. In order to have a true understanding of the impact of wind energy on society, one also has to have a thorough understanding of the impacts that other sources of electric generation have, such as fossil-fuelled plants or nuclear power plants. The comparison of electric generation sources includes a review of how such sources are typically utilized within the electric system, as well as the economic factors and environmental considerations that affect which resources utilities or operators of electric grids have to take into account. The authors conclude with a discussion of energy policies in the U.S., individual states, and foreign nations, how these policies influence the use of renewable energy, and what our future may hold in terms of energy supply and demand. Some highlights of this book are: Discusses the wind energy impacts on the environment, local economy, electric utilities, individuals and communities Provides a visual explanation of wind energy principles through tables, graphs, maps, illustrations and photographs Offers a comprehensive overview of the issues associated with the creation and use of wind energy Models chapters around an existing university curriculum Spanning the broad range of environmental, financial, policy and other topics that define and determine the relationships between wind energy technology and our energy-dependent society, Wind Energy Essentials is a resource for students, universities, and the entire wind energy industry.


Offshore Wind Energy Cost Modeling

Offshore Wind Energy Cost Modeling
Author: Mark J Kaiser
Publisher: Springer Science & Business Media
Total Pages: 243
Release: 2012-01-12
Genre: Technology & Engineering
ISBN: 144712488X

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Offshore wind energy is one of the most promising and fastest growing alternative energy sources in the world. Offshore Wind Energy Cost Modeling provides a methodological framework to assess installation and decommissioning costs, and using examples from the European experience, provides a broad review of existing processes and systems used in the offshore wind industry. Offshore Wind Energy Cost Modeling provides a step-by-step guide to modeling costs over four sections. These sections cover: ·Background and introductory material, ·Installation processes and vessel requirements, ·Installation cost estimation, and ·Decommissioning methods and cost estimation. This self-contained and detailed treatment of the key principles in offshore wind development is supported throughout by visual aids and data tables. Offshore Wind Energy Cost Modeling is a key resource for anyone interested in the offshore wind industry, particularly those interested in the technical and economic aspects of installation and decommissioning. The book provides a reliable point of reference for industry practitioners and policy makers developing generalizable installation or decommissioning cost estimates.