A preliminary techno-economic comparison between a grid-connected and non-grid connected offshore floating wind farm

Ioannou, Anastasia and Brennan, Feargal; (2019) A preliminary techno-economic comparison between a grid-connected and non-grid connected offshore floating wind farm. In: 2019 Offshore Energy and Storage Summit, OSES 2019. IEEE, FRA. ISBN 9781728123172 (https://doi.org/10.1109/OSES.2019.8867350)

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Abstract

Non-grid connected (NGC) floating offshore wind (OW) turbines can signify a solution for harvesting wind energy far offshore, addressing some key issues including the deep waters and lack of grid connection, while also exploiting the higher capacity factors. Towards this direction, on-board energy storage in the form of hydrogen production is one of the most promising solutions, often cited in literature. This study aims to perform a preliminary techno-economic analysis to assess the trade-offs, in terms of cost, between a far offshore grid-connected (GC) floating wind farm and a NGC wind farm integrated with an electrolyser for the production of hydrogen. To this end, a lifecycle techno-economic model coupled with an OM model developed for offshore wind installations are employed. The model is applied to a hypothetical wind farm located 200km from the shore. For the GC system, OM costs along with the costs of acquisition of the electric system (offshore cable and offshore substation) appeared to be the main contributors to the Levelised Cost of Electricity (LCOE). As far as the NGC system is concerned, it was concluded that a higher annual capacity factor (>60%) could potentially achieve viability of the investment.

ORCID iDs

Ioannou, Anastasia and Brennan, Feargal ORCID logoORCID: https://orcid.org/0000-0003-0952-6167;
  • Item type:Book Section
    ID code:70598
    Dates:
    Date
    Event
    1 July 2019
    Published
    21 April 2019
    Accepted
    Notes:© 2019 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
    Subjects:Technology > Hydraulic engineering. Ocean engineering
    Department:Faculty of Engineering > Naval Architecture, Ocean & Marine Engineering
    Depositing user: Pure Administrator
    Date deposited:21 Nov 2019 12:36
    Last modified:11 Nov 2024 15:19
    URI:https://strathprints.strath.ac.uk/id/eprint/70598
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