Potential impacts of blockchain based equity crowdfunding on the economic feasibility of offshore wind energy investments

2020 ◽  
Vol 12 (5) ◽  
pp. 053307
Author(s):  
Joseph Stekli ◽  
Umit Cali
Keyword(s):  
Wind Energy ◽  
Economic Feasibility ◽  
Offshore Wind ◽  
Offshore Wind Energy ◽  
Equity Crowdfunding

scholarly journals Main Trends and Criteria Adopted in Economic Feasibility Studies of Offshore Wind Energy: A Systematic Literature Review

Energies ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 12
Author(s):  
Arthur Leandro Guerra Pires ◽  
Paulo Rotella Junior ◽  
Sandra Naomi Morioka ◽  
Luiz Célio Souza Rocha ◽  
Ivan Bolis
Keyword(s):  
Power Generation ◽  
Literature Review ◽  
Wind Energy ◽  
Systematic Literature Review ◽  
Net Present Value ◽  
Wind Farms ◽  
Feasibility Studies ◽  
Economic Feasibility ◽  
Offshore Wind ◽  
Offshore Wind Energy

Offshore wind energy has been identified as one of the most promising and increasingly attractive sources of energy. This technology offers a long-term power-generation source, less environmental impact, and fewer physical restrictions. However, given the complexity of this technology, economic feasibility studies are essential. Thus, this study aims to identify the main trends and criteria or the methods used in the economic feasibility studies of offshore wind energy, providing a review of the state of the art in this literature. For this, a Systematic Literature Review was carried out. The article shows the growing interest in offshore wind power generation and highlights how recently the interest in the studies that assess the technical–economic feasibility of this source has grown; it presents the main milestones of the topic. Based on a structured literature review, this article identifies the main trends in this topic: (i) wind farms, (ii) risk, (iii) floating offshore wind farms, (iv) decommissioning and repowering, (v) net present value, (vi) life cycle cost, and (vii) multi-criteria decision-making; it provides a broad view of the methodological possibilities and specificities for investors and researchers interested in conducting studies on the economic feasibility of offshore wind generation. In addition, finally, a research agenda is proposed.

scholarly journals The decarbonisation of Galicia using renewable marine energy

2021 ◽  
Vol 19 ◽  
pp. 115-120
Author(s):  
L. Castro-Santos ◽  
◽  
A. Filgueira-Vizoso ◽  
Keyword(s):  
Renewable Energy ◽  
Wind Energy ◽  
Wave Energy ◽  
Economic Feasibility ◽  
Offshore Wind ◽  
Offshore Wind Energy ◽  
Renewable Energy Technologies ◽  
Energy Technologies ◽  
Marine Energy ◽  
Study Results

The objective of this paper is to examine the importance of independent arrays in the offshore renewable energy farms. In this context, several scenarios have been contemplated for a floating offshore renewable energy farm: a farm only using floating wave energy; a farm only using floating offshore wind energy; and a farm composed by floating wave energy and floating offshore wind energy installed in independent arrays. The article proposes a method to calculate the main economic parameters and decide their economic feasibility. A hypothetic offshore renewable energy farm located in the Galicia region (Spain) has been studied as case of study. Results show which of the scenarios has the best economic results. This method is worthwhile to compare different floating offshore renewable energy technologies in economic terms and help in the decision making of this new emerging sector that can help to rebuild Europe in the post-pandemic period.

A National Offshore Wind Strategy. Creating an Offshore Wind Energy Industry in the United States

2011 ◽  
Author(s):  
Jacques Beaudry-Losique ◽  
Ted Boling ◽  
Jocelyn Brown-Saracino ◽  
Patrick Gilman ◽  
Michael Hahn ◽  
...  
Keyword(s):  
United States ◽  
Wind Energy ◽  
The United States ◽  
Offshore Wind ◽  
Energy Industry ◽  
Offshore Wind Energy

scholarly journals Exploring the Grid Value of Offshore Wind Energy in Oregon

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4435
Author(s):  
Travis C. Douville ◽  
Dhruv Bhatnagar
Keyword(s):  
Wind Energy ◽  
Cost Model ◽  
Energy Resource ◽  
Energy Resources ◽  
Offshore Wind ◽  
Offshore Wind Energy ◽  
Renewable Energy Resources ◽  
Energy Potential ◽  
Resource Complementarity ◽  
Wind Energy Potential

The significant offshore wind energy potential of Oregon faces several challenges, including a power grid which was not developed for the purpose of transmitting energy from the ocean. The grid impacts of the energy resource are considered through the lenses of (i) resource complementarity with Variable Renewable Energy resources; (ii) correlations with load profiles from the four balancing authorities with territory in Oregon; and (iii) spatial value to regional and coastal grids as represented through a production cost model of the Western Interconnection. The capacity implications of the interactions between offshore wind and the historical east-to-west power flows of the region are discussed. The existing system is shown to accommodate more than two gigawatts of offshore wind interconnections with minimal curtailment. Through three gigawatts of interconnection, transmission flows indicate a reduction of coastal and statewide energy imports as well as minimal statewide energy exports.

Climate change impacts on the future offshore wind energy resource in China

2021 ◽  
Author(s):  
X. Costoya ◽  
M. deCastro ◽  
D. Carvalho ◽  
Z. Feng ◽  
M. Gómez-Gesteira
Keyword(s):  
Climate Change ◽  
Wind Energy ◽  
Energy Resource ◽  
Climate Change Impacts ◽  
Offshore Wind ◽  
Offshore Wind Energy ◽  
The Future

scholarly journals Offshore Wind Energy Resource Assessment across the Territory of Oman: A Spatial-Temporal Data Analysis

2021 ◽  
Vol 13 (5) ◽  
pp. 2862
Author(s):  
Amer Al-Hinai ◽  
Yassine Charabi ◽  
Seyed H. Aghay Kaboli
Keyword(s):  
Data Analysis ◽  
Wind Energy ◽  
Wind Turbines ◽  
Energy Resource ◽  
Wind Farms ◽  
Offshore Wind ◽  
Wind Data ◽  
Offshore Wind Energy ◽  
Offshore Wind Turbines ◽  
Wind Potential

Despite the long shoreline of Oman, the wind energy industry is still confined to onshore due to the lack of knowledge about offshore wind potential. A spatial-temporal wind data analysis is performed in this research to find the locations in Oman’s territorial seas with the highest potential for offshore wind energy. Thus, wind data are statistically analyzed for assessing wind characteristics. Statistical analysis of wind data include the wind power density, and Weibull scale and shape factors. In addition, there is an estimation of the possible energy production and capacity factor by three commercial offshore wind turbines suitable for 80 up to a 110 m hub height. The findings show that offshore wind turbines can produce at least 1.34 times more energy than land-based and nearshore wind turbines. Additionally, offshore wind turbines generate more power in the Omani peak electricity demand during the summer. Thus, offshore wind turbines have great advantages over land-based wind turbines in Oman. Overall, this work provides guidance on the deployment and production of offshore wind energy in Oman. A thorough study using bankable wind data along with various logistical considerations would still be required to turn offshore wind potential into real wind farms in Oman.

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