Key Performance Indicators and Target Values for Multi-Megawatt Offshore Turbines

Panagiotis K. Chaviaropoulos, Anand Natarajan, Peter Hjuler Jensen

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Abstract

This work is in the context of the FP7 Innwind.EU Project whose objective is the high performance innovative design of beyond state-of-the-art 10-20 MW offshore wind turbines. The assessment of innovation necessitates a framework where different designs can be compared against a reference on the basis of key performance indicators (KPIs). Following the European Wind Industrial Initiative the Levelized Cost of Electricity (LCOE) and its driving components are investigated, while quantifying the sensitivity of LCOE to its constituent factors. Methods whereby innovation in design can reduce component cost and lower LCOE are investigated. Targets are set to the LCOE by associating with specific technologies and high Customer Net Present Value (NPV).
Original languageEnglish
Title of host publicationProceedings of EWEA 2014
Number of pages8
PublisherEuropean Wind Energy Association (EWEA)
Publication date2014
Publication statusPublished - 2014
EventEuropean Wind Energy Conference & Exhibition 2014 - Fira de Barcelona Gran Via, Barcelona, Spain
Duration: 10 Mar 201413 Mar 2014
http://www.ewea.org/annual2014/

Conference

ConferenceEuropean Wind Energy Conference & Exhibition 2014
LocationFira de Barcelona Gran Via
CountrySpain
CityBarcelona
Period10/03/201413/03/2014
Internet address

Cite this

Chaviaropoulos, P. K., Natarajan, A., & Jensen, P. H. (2014). Key Performance Indicators and Target Values for Multi-Megawatt Offshore Turbines. In Proceedings of EWEA 2014 European Wind Energy Association (EWEA).