Techno-Economic Modeling of Floating Wind Farms
A simple techno-economic model for determining wind power production and costs related to the development of floating offshore wind power is proposed. The model is a further extension of the minimalistic prediction model for fixed-bottom wind farms previously developed by two of the authors. In the...
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| Format: | Article |
| Language: | English |
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MDPI AG
2025-02-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/18/4/967 |
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| author | Ariadna Montes David Fournely Jens N. Sørensen Gunner C. Larsen |
| author_facet | Ariadna Montes David Fournely Jens N. Sørensen Gunner C. Larsen |
| author_sort | Ariadna Montes |
| collection | DOAJ |
| description | A simple techno-economic model for determining wind power production and costs related to the development of floating offshore wind power is proposed. The model is a further extension of the minimalistic prediction model for fixed-bottom wind farms previously developed by two of the authors. In the extended version, costs associated with the deployment of floating structures, such as floaters, mooring lines, and anchors, including additional installation and operational expenses, are taken into account. This paper gives an overview of the costs of the various components of different types of floating wind power installations, and using actual wind climate and bathymetry data for the North Sea, the model is employed to map the annual energy production and levelized cost of energy (LCoE) for floating wind farms located in the North Sea. |
| format | Article |
| id | doaj-art-da802f83a09f4688aeda81e55f151d7a |
| institution | DOAJ |
| issn | 1996-1073 |
| language | English |
| publishDate | 2025-02-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj-art-da802f83a09f4688aeda81e55f151d7a2025-08-20T03:12:14ZengMDPI AGEnergies1996-10732025-02-0118496710.3390/en18040967Techno-Economic Modeling of Floating Wind FarmsAriadna Montes0David Fournely1Jens N. Sørensen2Gunner C. Larsen3Copenhagen Energy, Bag Elefanterne 1, 1799 Copenhagen, DenmarkCopenhagen Energy, Bag Elefanterne 1, 1799 Copenhagen, DenmarkDTU Wind and Energy Systems, Technical University of Denmark, Nils Koppels Allé, bldg. 403, 2800 Lyngby, DenmarkDTU Wind and Energy Systems, Technical University of Denmark, Risø Campus, Frederiksborgvej 399, bldg. 114, 4000 Roskilde, DenmarkA simple techno-economic model for determining wind power production and costs related to the development of floating offshore wind power is proposed. The model is a further extension of the minimalistic prediction model for fixed-bottom wind farms previously developed by two of the authors. In the extended version, costs associated with the deployment of floating structures, such as floaters, mooring lines, and anchors, including additional installation and operational expenses, are taken into account. This paper gives an overview of the costs of the various components of different types of floating wind power installations, and using actual wind climate and bathymetry data for the North Sea, the model is employed to map the annual energy production and levelized cost of energy (LCoE) for floating wind farms located in the North Sea.https://www.mdpi.com/1996-1073/18/4/967offshore wind energycost modelinglevelized cost of energyNorth Sea |
| spellingShingle | Ariadna Montes David Fournely Jens N. Sørensen Gunner C. Larsen Techno-Economic Modeling of Floating Wind Farms Energies offshore wind energy cost modeling levelized cost of energy North Sea |
| title | Techno-Economic Modeling of Floating Wind Farms |
| title_full | Techno-Economic Modeling of Floating Wind Farms |
| title_fullStr | Techno-Economic Modeling of Floating Wind Farms |
| title_full_unstemmed | Techno-Economic Modeling of Floating Wind Farms |
| title_short | Techno-Economic Modeling of Floating Wind Farms |
| title_sort | techno economic modeling of floating wind farms |
| topic | offshore wind energy cost modeling levelized cost of energy North Sea |
| url | https://www.mdpi.com/1996-1073/18/4/967 |
| work_keys_str_mv | AT ariadnamontes technoeconomicmodelingoffloatingwindfarms AT davidfournely technoeconomicmodelingoffloatingwindfarms AT jensnsørensen technoeconomicmodelingoffloatingwindfarms AT gunnerclarsen technoeconomicmodelingoffloatingwindfarms |