Techno-Economic Assessment of a Hybrid Offshore Wind–Wave Farm : Case Study in Norway

Jaan Rönkkö; Ali Khosravi; Sanna Syri

doi:10.3390/en16114316

Techno-Economic Assessment of a Hybrid Offshore Wind–Wave Farm : Case Study in Norway

Jaan Rönkkö^*
, Ali Khosravi
, Sanna Syri^*

^*Tämän työn vastaava kirjoittaja

SDU-Denmark

Tutkimustuotos: Lehtiartikkeli › Article › Scientific › vertaisarvioitu

22 Sitaatiot (Scopus)

155 Lataukset (Pure)

Abstrakti

Recent years have seen the development of cutting-edge technology, such as offshore wind turbines and wave energy converters. It has previously been investigated whether integrating offshore wind turbines with wave energy converters is feasible. Diversifying the sources of offshore renewable energy also lowers investment costs and power fluctuation. This paper focuses on the development of a hybrid wind–wave energy system as well as the development of a techno-economic model to assess the system performance for a case study. A levelized cost of energy is calculated for the hybrid system by the Norwegian North Sea based on current knowledge about the technology costs. The economic benefits of sharing the common components of a wind-wave hybrid farm are inspected. Combinations of different wind–wave offshore hybrid systems are presented. Three technologies for both offshore wind turbines and wave energy converters are compared to find the most cost-efficient device pairing. The potential benefits of a shared infrastructure and the operational expenses are included in the evaluation. The combination yielding the lowest production cost of the cases studied is a combination of 160 MW of wind power and 40 MW of wave power, with a levelized cost of energy of EUR 107/MWh when the shared costs are 15%. In the study region, the average electricity price in Autumn 2022 was over EUR 300/MWh due to the European energy crisis.

Alkuperäiskieli	Englanti
Artikkeli	4316
Sivumäärä	24
Julkaisu	Energies
Vuosikerta	16
Numero	11
DOI - pysyväislinkit	https://doi.org/10.3390/en16114316
Tila	Julkaistu - kesäk. 2023
OKM-julkaisutyyppi	A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä

Rahoitus

This research was partly funded by the European Commission through the H2020 project Finest Twins (grant no. 856602).

YK:n kestävän kehityksen tavoitteet

Tämä tuotos edistää seuraavia kestävän kehityksen tavoitteita:

SDG 7 – Edullinen ja puhdas energia
SDG 9 – Teollisuus, innovaatiot ja infrastruktuuri

Pääsy asiakirjaan

10.3390/en16114316Lisenssi: CC BY

energies-16-04316Final published version, 6,73 MBLisenssi: CC BY

Muut tiedostot ja linkit

Linkki julkaisuun Scopuksessa

-: FINEST TWINS GA856602Nieminen
Ainamo, A. (Projektin jäsen), Munilal Jain, K. (Projektin jäsen), Putta, A. (Projektin jäsen), Ahdekivi, V. (Projektin jäsen), Fröhlich, K. (Projektin jäsen), Madhikermi, M. (Projektin jäsen), Toivio, T. (Projektin jäsen), Farsaei, A. (Projektin jäsen), Hollmen, J. (Projektin jäsen), Ju, Y. (Projektin jäsen), Kangassalo, P. (Projektin jäsen), Liu, Z. (Projektin jäsen), Bhusal, P. (Projektin jäsen), Ahmed, K. (Projektin jäsen), Pirilä, J. (Projektin jäsen), Tervo, S. (Projektin jäsen), Wallgren, K. (Projektin jäsen), Agriesti, S. (Projektin jäsen), Koskinen, K. (Projektin jäsen), Mir, S. (Projektin jäsen), Laguardia Tavares, P. (Projektin jäsen), Mäkelä, J. (Projektin jäsen), Toiskallio, K. (Projektin jäsen), Farjam, T. (Projektin jäsen), Moradpoor, I. (Projektin jäsen), Huotari, M. (Projektin jäsen), Koivunen, T. (Projektin jäsen), Rönkkö, J. (Projektin jäsen), Syri, S. (Projektin jäsen), Yeung, D. (Projektin jäsen), Hyvönen, J. (Projektin jäsen), Kuzmanovski, V. (Projektin jäsen), Nzewi, L. (Projektin jäsen), Ghanbari, H. (Projektin jäsen), Malik, A. (Projektin jäsen), Doostmohammadian, M. (Projektin jäsen), Javanshir, N. (Projektin jäsen), Avci, C. (Projektin jäsen), Bayrak, M. (Projektin jäsen), Liaquat, M. (Projektin jäsen), Kovanen, E. (Projektin jäsen), Nieminen, M. (Projektin jäsen), Salomaa, V. (Projektin jäsen), Keyriläinen, T. (Projektin jäsen), Knapic, S. (Projektin jäsen), Olin, J. J. (Projektin jäsen), Kauppi, A. (Projektin jäsen), Saif, A. (Projektin jäsen), Hajian, H. (Projektin jäsen), Esquivias Canadas, A. (Projektin jäsen), Ingi, D. (Projektin jäsen), Klossner, S. (Projektin jäsen), Malhi, A. (Projektin jäsen), Vosough, S. (Projektin jäsen), Khajavi Haghighat, S. (Projektin jäsen), Olkkonen, V. (Projektin jäsen), Pihlava, K. (Projektin jäsen), Tan, X. (Projektin jäsen), Espinosa, A. (Projektin jäsen), Limnell, J. (Projektin jäsen), Anashin, P. (Projektin jäsen), Hiltunen, P. (Projektin jäsen), Helenius, O. (Projektin jäsen), Ojala, P. (Projektin jäsen), Österbacka, M. (Projektin jäsen), Nummi, P. (Projektin jäsen), Abdollahi, E. (Projektin jäsen), Dibaj, S. (Projektin jäsen), Yousefnezhad, N. (Projektin jäsen), Zhou, Z. (Projektin jäsen), Marques de Carvalho Martins Canha, D. (Projektin jäsen), Sipetas, C. (Projektin jäsen), Su, Y. (Projektin jäsen), Abolfazli, E. (Projektin jäsen), Bagheri Majdabadi, M. (Projektin jäsen), Bobrov, N. (Projektin jäsen), Apopei, I.-V. (Projektin jäsen), Jokisalo, J. (Projektin jäsen), Kajosaari, A. (Projektin jäsen) & Pinho, P. (Projektin jäsen)
01/12/2019 → 31/05/2027
Projekti: EU H2020 Framework program

Research from Aalto University in Wind Turbines Provides New Insights (Techno-Economic Assessment of a Hybrid Offshore Wind-Wave Farm: Case Study in Norway)
Syri, S.
22/06/2023
1 kohde/ Medianäkyvyys
Lehdistö/media: Esiintyminen mediassa

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title = "Techno-Economic Assessment of a Hybrid Offshore Wind–Wave Farm : Case Study in Norway",

abstract = "Recent years have seen the development of cutting-edge technology, such as offshore wind turbines and wave energy converters. It has previously been investigated whether integrating offshore wind turbines with wave energy converters is feasible. Diversifying the sources of offshore renewable energy also lowers investment costs and power fluctuation. This paper focuses on the development of a hybrid wind–wave energy system as well as the development of a techno-economic model to assess the system performance for a case study. A levelized cost of energy is calculated for the hybrid system by the Norwegian North Sea based on current knowledge about the technology costs. The economic benefits of sharing the common components of a wind-wave hybrid farm are inspected. Combinations of different wind–wave offshore hybrid systems are presented. Three technologies for both offshore wind turbines and wave energy converters are compared to find the most cost-efficient device pairing. The potential benefits of a shared infrastructure and the operational expenses are included in the evaluation. The combination yielding the lowest production cost of the cases studied is a combination of 160 MW of wind power and 40 MW of wave power, with a levelized cost of energy of EUR 107/MWh when the shared costs are 15\%. In the study region, the average electricity price in Autumn 2022 was over EUR 300/MWh due to the European energy crisis.",

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author = "Jaan R{\"o}nkk{\"o} and Ali Khosravi and Sanna Syri",

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T1 - Techno-Economic Assessment of a Hybrid Offshore Wind–Wave Farm : Case Study in Norway

AU - Rönkkö, Jaan

AU - Khosravi, Ali

AU - Syri, Sanna

N1 - | openaire: EC/H2020/856602/EU//FINEST TWINS Funding Information: This research was partly funded by the European Commission through the H2020 project Finest Twins (grant no. 856602). Publisher Copyright: © 2023 by the authors.

PY - 2023/6

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N2 - Recent years have seen the development of cutting-edge technology, such as offshore wind turbines and wave energy converters. It has previously been investigated whether integrating offshore wind turbines with wave energy converters is feasible. Diversifying the sources of offshore renewable energy also lowers investment costs and power fluctuation. This paper focuses on the development of a hybrid wind–wave energy system as well as the development of a techno-economic model to assess the system performance for a case study. A levelized cost of energy is calculated for the hybrid system by the Norwegian North Sea based on current knowledge about the technology costs. The economic benefits of sharing the common components of a wind-wave hybrid farm are inspected. Combinations of different wind–wave offshore hybrid systems are presented. Three technologies for both offshore wind turbines and wave energy converters are compared to find the most cost-efficient device pairing. The potential benefits of a shared infrastructure and the operational expenses are included in the evaluation. The combination yielding the lowest production cost of the cases studied is a combination of 160 MW of wind power and 40 MW of wave power, with a levelized cost of energy of EUR 107/MWh when the shared costs are 15%. In the study region, the average electricity price in Autumn 2022 was over EUR 300/MWh due to the European energy crisis.

AB - Recent years have seen the development of cutting-edge technology, such as offshore wind turbines and wave energy converters. It has previously been investigated whether integrating offshore wind turbines with wave energy converters is feasible. Diversifying the sources of offshore renewable energy also lowers investment costs and power fluctuation. This paper focuses on the development of a hybrid wind–wave energy system as well as the development of a techno-economic model to assess the system performance for a case study. A levelized cost of energy is calculated for the hybrid system by the Norwegian North Sea based on current knowledge about the technology costs. The economic benefits of sharing the common components of a wind-wave hybrid farm are inspected. Combinations of different wind–wave offshore hybrid systems are presented. Three technologies for both offshore wind turbines and wave energy converters are compared to find the most cost-efficient device pairing. The potential benefits of a shared infrastructure and the operational expenses are included in the evaluation. The combination yielding the lowest production cost of the cases studied is a combination of 160 MW of wind power and 40 MW of wave power, with a levelized cost of energy of EUR 107/MWh when the shared costs are 15%. In the study region, the average electricity price in Autumn 2022 was over EUR 300/MWh due to the European energy crisis.

KW - electricity market

KW - energy transition

KW - offshore wind

KW - renewable energy

KW - wave energy

UR - https://www.scopus.com/pages/publications/85161504155

U2 - 10.3390/en16114316

DO - 10.3390/en16114316

M3 - Article

AN - SCOPUS:85161504155

SN - 1996-1073

VL - 16

JO - Energies

JF - Energies

IS - 11

M1 - 4316

ER -

Techno-Economic Assessment of a Hybrid Offshore Wind–Wave Farm : Case Study in Norway

Abstrakti

Rahoitus

YK:n kestävän kehityksen tavoitteet

Pääsy asiakirjaan

Muut tiedostot ja linkit

Sormenjälki

Projektit

-: FINEST TWINS GA856602Nieminen

Lehtileikkeet

Research from Aalto University in Wind Turbines Provides New Insights (Techno-Economic Assessment of a Hybrid Offshore Wind-Wave Farm: Case Study in Norway)

Siteeraa tätä