Economic feasibility study to design a large offshore wind farm near coastal region of Rameshvaram, India

Author(s):  
Mohammad Mushir Riaz ◽  
Badarul Hasan Khan
2015 ◽  
Vol 74 ◽  
pp. 406-413 ◽  
Author(s):  
Wei Shi ◽  
Jonghoon Han ◽  
Changwan Kim ◽  
Daeyong Lee ◽  
Hyunkyoung Shin ◽  
...  

Author(s):  
Davide Miriello ◽  
Michael Walker ◽  
Loris Canizares ◽  
Aaron Smith ◽  
Dominique Roddier

Abstract This paper investigates the techno-economic feasibility of integrating a desalination system to an offshore wind farm. The first part of the paper involves a proposal for the design of a desalination system fitted inside the WindFloat Atlantic hull. Taking into account of the power, footprint, volume and weight requirements of the desalination system, the desalination capacity is chosen to be 10,000 m3/d per platform2. A 3D model of the system is also presented. The second part of the paper focuses on the development of an economic model that gives as output the levelized cost of water (LCOW) for the studied technology. At first, a methodology to estimate capital expenditure (Capex) and operational expenditure (Opex) of an offshore desalination system with the above-mentioned characteristics is presented. Then, three locations with high wind speeds and with frequent exposure to droughts (Gran Canaria, California and South Africa) are chosen and the model is applied. Particularly interesting results are found for Gran Canaria, isolated system with favorable conditions (high electricity price, high water production cost and good offshore wind resource).


2015 ◽  
Vol 76 ◽  
pp. 169-176
Author(s):  
Guido Benassai ◽  
Renata Della Morte ◽  
Antonio Matarazzo ◽  
Luca Cozzolino

2018 ◽  
Vol 81 ◽  
pp. 2552-2562 ◽  
Author(s):  
Mert Satir ◽  
Fionnuala Murphy ◽  
Kevin McDonnell

2012 ◽  
Vol 13 (4) ◽  
pp. 1908-1914
Author(s):  
Myoung-Hak Oh ◽  
O-Soon Kwon ◽  
Keun-Soo Kim ◽  
In-Sung Jang

Author(s):  
Laura Castro-Santos ◽  
Almudena Filgueira-Vizoso ◽  
Isabel Lamas-Galdo ◽  
Carlos Álvarez-Feal ◽  
Luis Carral-Couce

The aim of this study is to evaluate the influence of the discount rate in some economic parameters which are relevant to study a floating offshore wind farm: the Net Present Value (NPV), the Levelized Cost Of Energy (LCOE) and the Discounted PayBack Period (DPBP). For this purpose, several maps have been created considering a particular location of the Atlantic Area: the Galician coast (North-West of Spain); and four alternatives, depending on the type of electric tariff or the type of discount rate. Results indicate the importance that the discount rate has in the economic feasibility of a floating offshore wind farm. In this context, the NPV is reduced when the discount rate is increased, the LCOE is reduced when the discount rate is increased, the IRR does not vary depending on the discount rate and the DPBP is increased with the discount rate. The discount rate can vary depending on the sector, the investor or the country where the floating offshore wind farm is installed. The motivation of this paper is to analyze the influence of one of the most important economic parameters in a floating offshore wind farm: the discount rate. Therefore, this type of analysis is very interesting in order to study its influence on the economic results, which are very important to take decisions for investors of the offshore renewable energy industry.


2018 ◽  
Vol 10 (12) ◽  
pp. 4484 ◽  
Author(s):  
Laura Castro-Santos ◽  
Almudena Filgueira-Vizoso ◽  
Carlos Álvarez-Feal ◽  
Luis Carral

This paper uses a method to analyze the economic influence of the size of floating offshore wind farms. The economic aspects analyzed, LCOE (Levelized Cost Of Energy) and costs, depend on the number of floating offshore wind turbines, which establishes the effect of the size of the farm. This influence has been carried out for a map in a specific location. Regarding the case study, 18 alternatives have been considered taking into account the total power of the farm and the types of floating platforms. These aspects have been studied for the location of Galicia (Spain). Results indicate how LCOE and costs vary when the size of the floating offshore wind farm is increased for the studied kinds of offshore structures. Results are useful for planning an offshore wind farm in deep waters in future investments.


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