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INFLUENCE OF THE STRUCTURAL INTEGRITY MANAGEMENT ON THE LEVELIZED COST OF ENERGY OF OFFSHORE WIND : A PARAMETRIC SENSITIVITY ANALYSIS

Kinne, Marko ; Farhan, Muhammad ; Schneider, Ronald and Thons, Sebastian LU (2022) 19th International Probabilistic Workshop, IPW 2022 In Acta Polytechnica CTU Proceedings 36. p.90-98
Abstract

The levelized cost of energy (LCoE) is an important measure to quantify the macro-economic efficiency of an offshore wind farm and to enable a quantitative comparison with other types of energy production. The costs of the structural integrity management - which is required to ensure an adequate lifetime reliability of the turbine support structures - are part of the operational expenditures of an offshore wind farm. An optimization of the structural integrity management may reduce the operational expenditures and consequently the LCoE. However, the effect of the structural integrity management on the LCoE is hardly known. To investigate this effect, this paper presents a sensitivity analysis of the LCoE of a generic offshore wind farm.... (More)

The levelized cost of energy (LCoE) is an important measure to quantify the macro-economic efficiency of an offshore wind farm and to enable a quantitative comparison with other types of energy production. The costs of the structural integrity management - which is required to ensure an adequate lifetime reliability of the turbine support structures - are part of the operational expenditures of an offshore wind farm. An optimization of the structural integrity management may reduce the operational expenditures and consequently the LCoE. However, the effect of the structural integrity management on the LCoE is hardly known. To investigate this effect, this paper presents a sensitivity analysis of the LCoE of a generic offshore wind farm. The probabilistic models of the parameters influencing the LCoE are based on a literature study including an explicit model for the structural integrity management. The analysis reveals that LCoE may potentially be reduced if an optimization of the structural integrity management enables a service life extension.

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author
; ; and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Levelized cost of energy, sensitivity analysis, structural integrity management
host publication
International Probabilistic Workshop 2022, IPW 2022
series title
Acta Polytechnica CTU Proceedings
editor
Sykora, Miroslav ; Lenner, Roman and de Koker, Nico
volume
36
pages
9 pages
conference name
19th International Probabilistic Workshop, IPW 2022
conference location
Stellenbosch, South Africa
conference dates
2022-09-08 - 2022-09-09
external identifiers
  • scopus:85142771569
ISSN
2336-5382
ISBN
9788001070352
DOI
10.14311/APP.2022.36.0090
language
English
LU publication?
yes
id
efdef3cc-c0ac-4205-8d78-7d53f452b6c3
date added to LUP
2022-12-23 11:55:34
date last changed
2023-11-19 13:23:06
@inproceedings{efdef3cc-c0ac-4205-8d78-7d53f452b6c3,
  abstract     = {{<p>The levelized cost of energy (LCoE) is an important measure to quantify the macro-economic efficiency of an offshore wind farm and to enable a quantitative comparison with other types of energy production. The costs of the structural integrity management - which is required to ensure an adequate lifetime reliability of the turbine support structures - are part of the operational expenditures of an offshore wind farm. An optimization of the structural integrity management may reduce the operational expenditures and consequently the LCoE. However, the effect of the structural integrity management on the LCoE is hardly known. To investigate this effect, this paper presents a sensitivity analysis of the LCoE of a generic offshore wind farm. The probabilistic models of the parameters influencing the LCoE are based on a literature study including an explicit model for the structural integrity management. The analysis reveals that LCoE may potentially be reduced if an optimization of the structural integrity management enables a service life extension.</p>}},
  author       = {{Kinne, Marko and Farhan, Muhammad and Schneider, Ronald and Thons, Sebastian}},
  booktitle    = {{International Probabilistic Workshop 2022, IPW 2022}},
  editor       = {{Sykora, Miroslav and Lenner, Roman and de Koker, Nico}},
  isbn         = {{9788001070352}},
  issn         = {{2336-5382}},
  keywords     = {{Levelized cost of energy; sensitivity analysis; structural integrity management}},
  language     = {{eng}},
  pages        = {{90--98}},
  series       = {{Acta Polytechnica CTU Proceedings}},
  title        = {{INFLUENCE OF THE STRUCTURAL INTEGRITY MANAGEMENT ON THE LEVELIZED COST OF ENERGY OF OFFSHORE WIND : A PARAMETRIC SENSITIVITY ANALYSIS}},
  url          = {{http://dx.doi.org/10.14311/APP.2022.36.0090}},
  doi          = {{10.14311/APP.2022.36.0090}},
  volume       = {{36}},
  year         = {{2022}},
}