Abstract
In this work, a holistic modelling approach is developed and applied to the valuation of innovations in offshore wind energy. Two innovations are considered: 1) a more accurate modelling of vessel movement related to operations and maintenance activities and 2) an operational strategy for market participation. In both cases, a standard process was followed of first mapping the effects of the technologies on wind energy system’s levels, then assessing them through development and augmentation of a holistic cost and valuation model. The process is demonstrated for each innovation and quantifies their potential impacts to LCoE and NPV respectively. The models and methods can be extended to other innovations for quantitative assessment of potential benefits.
| Original language | English |
|---|---|
| Title of host publication | Floating Wind; Systems Design and Multi-Fidelity/Multi-Disciplinary Modelling; Future Wind; Smaller Wind Turbines |
| Number of pages | 11 |
| Publisher | IOP Publishing |
| Publication date | 2022 |
| Article number | 042036 |
| DOIs | |
| Publication status | Published - 2022 |
| Event | The Science of Making Torque from Wind 2022 - Delft, Netherlands Duration: 1 Jun 2022 → 3 Jun 2022 Conference number: 9 https://www.torque2022.eu/ |
Conference
| Conference | The Science of Making Torque from Wind 2022 |
|---|---|
| Number | 9 |
| Country/Territory | Netherlands |
| City | Delft |
| Period | 01/06/2022 → 03/06/2022 |
| Internet address |
| Series | Journal of Physics: Conference Series |
|---|---|
| Number | 4 |
| Volume | 2265 |
| ISSN | 1742-6596 |