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| economics of offshore wind: Economics of Offshore Wind Power Rahmatallah Poudineh, Craig Brown, Benjamin Foley, 2017-11-13 The book provides an overview of the policy frameworks that have been employed to support offshore wind power, and their efficacy in nurturing sustainable cost reductions across the industry.A growing number of countries are increasingly receptive to the prospect of implementing policies to support the deployment of large-scale renewable energy. The promise of carbon-free, utility-scale power generation from offshore wind farms has incentivised and nurtured offshore wind development. However, the high relative costs of deploying offshore wind compared to alternatives have a history of making it political divisive pursuit. At the same time when many countries are just beginning to explore the possibility of developing an offshore wind industry, many other countries are experiencing what can be described as policy fatigue over supporting offshore wind. If cost reductions are not proven sustainable by the early 2020’s, then government support for offshore wind may start to erode and even completely evaporate in several key offshore wind markets – with global repercussions. This book will provide the reader with a clear picture of the current status and future challenges of the offshore wind industry globally, incorporating both a technical analysis of the cost drivers as well as a detailed analysis of policy design and economics of industry. |
| economics of offshore wind: The Economics of Wind Energy , 2009 |
| economics of offshore wind: Offshore Wind Energy Cost Modeling Mark J Kaiser, Brian Snyder, 2012-01-13 Offshore wind energy is one of the most promising and fastest growing alternative energy sources in the world. Offshore Wind Energy Cost Modeling provides a methodological framework to assess installation and decommissioning costs, and using examples from the European experience, provides a broad review of existing processes and systems used in the offshore wind industry. Offshore Wind Energy Cost Modeling provides a step-by-step guide to modeling costs over four sections. These sections cover: ·Background and introductory material, ·Installation processes and vessel requirements, ·Installation cost estimation, and ·Decommissioning methods and cost estimation. This self-contained and detailed treatment of the key principles in offshore wind development is supported throughout by visual aids and data tables. Offshore Wind Energy Cost Modeling is a key resource for anyone interested in the offshore wind industry, particularly those interested in the technical and economic aspects of installation and decommissioning. The book provides a reliable point of reference for industry practitioners and policy makers developing generalizable installation or decommissioning cost estimates. |
| economics of offshore wind: Offshore Wind Farms Chong Ng, Li Ran, 2016-03-03 Offshore Wind Farms: Technologies, Design and Operation provides the latest information on offshore wind energy, one of Europe's most promising and quickly maturing industries, and a potentially huge untapped renewable energy source which could contribute significantly towards EU 20-20-20 renewable energy generation targets. It has been estimated that by 2030 Europe could have 150GW of offshore wind energy capacity, meeting 14% of our power demand. Offshore Wind Farms: Technologies, Design and Operation provides a comprehensive overview of the emerging technologies, design, and operation of offshore wind farms. Part One introduces offshore wind energy as well as offshore wind turbine siting with expert analysis of economics, wind resources, and remote sensing technologies. The second section provides an overview of offshore wind turbine materials and design, while part three outlines the integration of wind farms into power grids with insights to cabling and energy storage. The final section of the book details the installation and operation of offshore wind farms with chapters on condition monitoring and health and safety, amongst others. - Provides an in-depth, multi-contributor, comprehensive overview of offshore technologies, including design, monitoring, and operation - Edited by respected and leading experts in the field, with experience in both academia and industry - Covers a highly relevant and important topic given the great potential of offshore wind power in contributing significantly to EU 20-20-20 renewable energy targets |
| economics of offshore wind: Floating Offshore Wind Farms Laura Castro-Santos, Vicente Diaz-Casas, 2016-03-05 This book provides an overview of floating offshore wind farms and focuses on the economic aspects of this renewable-energy technology. It presents economic maps demonstrating the main costs, and explores various important aspects of floating offshore wind farms. It examines topics including offshore wind turbines, floating offshore wind platforms, mooring and anchoring, as well as offshore electrical systems. It is a particularly useful resource in light of the fact that most water masses are deep and therefore not suitable for fixed offshore wind farms. A valuable reference work for students and researchers interested in naval and ocean engineering and economics, this book provides a new perspective on floating offshore wind farms, and makes a useful contribution to the existing literature. |
| economics of offshore wind: Wind Energy Essentials Richard P. Walker, Andrew Swift, 2015-04-22 Examines the possible societal impacts of wind energy projects and explains the potential issues faced when siting, constructing, and operating a wind energy project. This book begins with a history of wind power and the social impacts of both electricity and wind power from a historical perspective, a discussion of basic electrical terms, and a primer on the conversion of power in the wind to electricity. Much of the second half of the book is devoted to comparing wind energy to other forms of electric generation, both renewable and non-renewable sources. In order to have a true understanding of the impact of wind energy on society, one also has to have a thorough understanding of the impacts that other sources of electric generation have, such as fossil-fuelled plants or nuclear power plants. The comparison of electric generation sources includes a review of how such sources are typically utilized within the electric system, as well as the economic factors and environmental considerations that affect which resources utilities or operators of electric grids have to take into account. The authors conclude with a discussion of energy policies in the U.S., individual states, and foreign nations, how these policies influence the use of renewable energy, and what our future may hold in terms of energy supply and demand. Some highlights of this book are: Discusses the wind energy impacts on the environment, local economy, electric utilities, individuals and communities Provides a visual explanation of wind energy principles through tables, graphs, maps, illustrations and photographs Offers a comprehensive overview of the issues associated with the creation and use of wind energy Models chapters around an existing university curriculum Spanning the broad range of environmental, financial, policy and other topics that define and determine the relationships between wind energy technology and our energy-dependent society, Wind Energy Essentials is a resource for students, universities, and the entire wind energy industry. |
| economics of offshore wind: Wind Turbines Erich Hau, 2005-12-12 Wind Turbines addresses all those professionally involved in research, development, manufacture and operation of wind turbines. It provides a cross-disciplinary overview of modern wind turbine technology and an orientation in the associated technical, economic and environmental fields. It is based on the author's experience gained over decades designing wind energy converters with a major industrial manufacturer and, more recently, in technical consulting and in the planning of large wind park installations, with special attention to economics. The second edition accounts for the emerging concerns over increasing numbers of installed wind turbines. In particular, an important new chapter has been added which deals with offshore wind utilisation. All advanced chapters have been extensively revised and in some cases considerably extended |
| economics of offshore wind: Wind Energy Mathew Sathyajith, 2006-03-14 Growing energy demand and environmental consciousness have re-evoked human interest in wind energy. As a result, wind is the fastest growing energy source in the world today. Policy frame works and action plans have already been for- lated at various corners for meeting at least 20 per cent of the global energy - mand with new-renewables by 2010, among which wind is going to be the major player. In view of the rapid growth of wind industry, Universities, all around the world, have given due emphasis to wind energy technology in their undergraduate and graduate curriculum. These academic programmes attract students from diver- fied backgrounds, ranging from social science to engineering and technology. Fundamentals of wind energy conversion, which is discussed in the preliminary chapters of this book, have these students as the target group. Advanced resource analysis tools derived and applied are beneficial to academics and researchers working in this area. The Wind Energy Resource Analysis (WERA) software, provided with the book, is an effective tool for wind energy practitioners for - sessing the energy potential and simulating turbine performance at prospective sites. |
| economics of offshore wind: Large Wind Turbines Robert Harrison, Erich Hau, Herman Snel, 2001-02-08 In the light of the extensive debate surrounding the economics of scale of wind turbines, this timely work examines the engineering implications of developing lightweight compliant designs. Through the development of a unique modelling approach, the authors quantify the weight and cost of a diverse range of design solutions, enabling systematic quantitative comparisons to be made for the first time. This innovative reference will provide a valuable guide to engineers and consultants involved in wind energy development as well as academic researchers and postgraduate students of wind turbine technology. FEATURES INCLUDE: * Coherent analysis of the inter-relationship between the economics of wind turbines and engineering design configurations. * Discussion of the main factors driving the weight and cost of large wind turbines eg. rotor design, number of blades, blade materials, flexibility and control strategy. * Accessible overview of the development of large wind turbines and the direction that designs are taking now and into the future. * Examination of the cost implications of specific design issues such as vertical versus horizontal axis, fixed or variable speed-rotor strategy, compact versus modular drive train and direct drive configurations. * Evaluation of the economics of onshore and offshore generation sites and the prospects for the deployment of large wind turbines in offshore wind farms. |
| economics of offshore wind: Wind Energy - The Facts European Wind Energy Association, 2012 First Published in 2009. Routledge is an imprint of Taylor & Francis, an informa company. |
| economics of offshore wind: Onshore and Offshore Wind Energy Paul A. Lynn, 2011-10-05 A highly accessible and authoritative account of wind energy’s scientific background, current technology, and international status, with an emphasis on large turbines and wind farms, both onshore and offshore Topics covered include: a brief history of wind energy the nature of the wind turbine aerodynamics, mechanics, and electrics wind farms offshore opportunities and challenges grid integration of wind energy economic and environmental aspects Whilst intellectually rigorous, this is not an academic treatise. Key equations are fully discussed, providing essential theoretical background. The text is supported by copious illustrations and about 50 inspiring full-colour photographs from around the world. This book is aimed at a wide readership including professionals, policy makers and employees in the energy sector in need of a basic appreciation of the underlying principles of wind energy or a quick update. Its style and level will also appeal to second and third year undergraduate and postgraduate students of renewable and wind energy, energy systems and electrical/electronic engineering. It also gives a concise account of the technology for the large and growing number of people who are interested in onshore and offshore wind farms and the contribution they are making to carbon-free electricity generation in the 21st century. |
| economics of offshore wind: Proceedings of the 1st Vietnam Symposium on Advances in Offshore Engineering M.F. Randolph, Dinh Hong Doan, Anh Minh Tang, Man Bui, Van Nguyen Dinh, 2018-09-24 These proceedings gather a selection of refereed papers presented at the 1st Vietnam Symposium on Advances in Offshore Engineering (VSOE 2018), held on 1–3 November 2018 in Hanoi, Vietnam. The contributions from researchers, practitioners, policymakers, and entrepreneurs address technological and policy changes intended to promote renewable energies, and to generate business opportunities in oil and gas and offshore renewable energy. With a special focus on energy and geotechnics, the book brings together the latest lessons learned in offshore engineering, technological innovations, cost-effective and safer foundations and structural solutions, environmental protection, hazards, vulnerability, and risk management. The book offers a valuable resource for all graduate students, researchers and industrial practitioners working in the fields of offshore engineering and renewable energies. |
| economics of offshore wind: Wind Energy Explained James F. Manwell, Jon G. McGowan, Anthony L. Rogers, 2010-09-14 Wind energy’s bestselling textbook- fully revised. This must-have second edition includes up-to-date data, diagrams, illustrations and thorough new material on: the fundamentals of wind turbine aerodynamics; wind turbine testing and modelling; wind turbine design standards; offshore wind energy; special purpose applications, such as energy storage and fuel production. Fifty additional homework problems and a new appendix on data processing make this comprehensive edition perfect for engineering students. This book offers a complete examination of one of the most promising sources of renewable energy and is a great introduction to this cross-disciplinary field for practising engineers. “provides a wealth of information and is an excellent reference book for people interested in the subject of wind energy.” (IEEE Power & Energy Magazine, November/December 2003) “deserves a place in the library of every university and college where renewable energy is taught.” (The International Journal of Electrical Engineering Education, Vol.41, No.2 April 2004) “a very comprehensive and well-organized treatment of the current status of wind power.” (Choice, Vol. 40, No. 4, December 2002) |
| economics of offshore wind: North Sea Region Climate Change Assessment Markus Quante, Franciscus Colijn, 2016-08-31 This book offers an up-to-date review of our current understanding of climate change in the North Sea and adjacent areas, as well as its impact on ecosystems and socio-economic sectors. It provides a detailed assessment of climate change based on published scientific work compiled by independent international experts from climate-related disciplines such as oceanography, atmospheric sciences, marine and terrestrial ecology, using a regional evaluation and review process similar to that of the Intergovernmental Panel on Climate Change (IPCC). It provides a comprehensive overview of all aspects of our changing climate, discussing a wide range of topics including past, current and future climate change, and climate-related changes in marine, terrestrial and freshwater ecosystems. It also explores the impact of climate change on socio-economic sectors such as fisheries, agriculture, coastal zone management, coastal protection, urban climate, recreation/tourism, offshore activities/energy, and air pollution. |
| economics of offshore wind: Entropy and Exergy in Renewable Energy Lin-Shu Wang, Wenping Cao, Shubo Hu, 2022-01-07 Lovelock identified Newcomen’s atmospheric steam engine as the start of Anthropocene with these words: “...there have been two previous decisive events in the history of our planet. The first was ... when photosynthetic bacteria first appeared [conversing sunlight to usable energy]. The second was in 1712 when Newcomen created an efficient machine that converted the sunlight locked in coal directly into work.” This book is about the necessity of energy transition toward renewables that convert sunlight diurnally, thus a sustainable Anthropocene. Such an energy transition is equally momentous as that of the kick start of the second Industrial Revolution in 1712. Such an energy transition requires “it takes a village” collective effort of mankind; the book is a small part of the collective endeavor. |
| economics of offshore wind: The Ocean of Tomorrow Phoebe Koundouri, 2017-05-19 This book develops and applies an integrated socio-economic assessment of multi-use offshore platforms in European marine locations. The sites assessed regard infrastructures in the North Sea, the Baltic Sea, the Mediterranean Sea and the Atlantic coast. The assessment uses the results from the natural and engineering sciences as inputs, boundaries and constraints to the socio-economic analysis. The content of the book develops in a step-by-step, coherent and integrated manner. The presentation and the discussion on the methodology are followed by the detailed assessment of specific multi-use offshore platforms. A detailed risk analysis follows in which the results of the socio-economic assessment are integrated. This is complemented with sensitivity analysis. The book, offers insights that result from a multi-disciplinary approach which combines a broad range of expertise in hydraulics, wind engineering, aquaculture, renewable energy, marine environment, project management, socio-economics and governance. The analysis follows views and assessment of world experts from all relevant disciplines from academia, big companies and potential investors that have joined forces in the MERMAID project (vliz.be/projects/mermaidproject). The book is a valuable reading for academics, technicians, policy-makers and relevant stakeholders. |
| economics of offshore wind: Floating Offshore Wind Energy Joao Cruz, Mairead Atcheson, 2016-08-20 This book provides a state-of-the-art review of floating offshore wind turbines (FOWT). It offers developers a global perspective on floating offshore wind energy conversion technology, documenting the key challenges and practical solutions that this new industry has found to date. Drawing on a wide network of experts, it reviews the conception, early design stages, load & structural analysis and the construction of FOWT. It also presents and discusses data from pioneering projects. Written by experienced professionals from a mix of academia and industry, the content is both practical and visionary. As one of the first titles dedicated to FOWT, it is a must-have for anyone interested in offshore renewable energy conversion technologies. |
| economics of offshore wind: Electricity from Renewable Resources National Research Council, National Academy of Engineering, National Academy of Sciences, America's Energy Future Panel on Electricity from Renewable Resources, 2010-04-05 A component in the America's Energy Future study, Electricity from Renewable Resources examines the technical potential for electric power generation with alternative sources such as wind, solar-photovoltaic, geothermal, solar-thermal, hydroelectric, and other renewable sources. The book focuses on those renewable sources that show the most promise for initial commercial deployment within 10 years and will lead to a substantial impact on the U.S. energy system. A quantitative characterization of technologies, this book lays out expectations of costs, performance, and impacts, as well as barriers and research and development needs. In addition to a principal focus on renewable energy technologies for power generation, the book addresses the challenges of incorporating such technologies into the power grid, as well as potential improvements in the national electricity grid that could enable better and more extensive utilization of wind, solar-thermal, solar photovoltaics, and other renewable technologies. |
| economics of offshore wind: Wind Energy Explained J. F. Manwell, J. G. McGowan, Anthony L. Rogers, 2002-06-21 This textbook is intended to provide an introduction to the cross-disciplinary field of wind engineering. It includes end-of-chapter tutorial sections (solutions manual available) and combines both academic and industrial experience. |
| economics of offshore wind: Airborne Wind Energy Roland Schmehl, 2018-03-31 This book provides in-depth coverage of the latest research and development activities concerning innovative wind energy technologies intended to replace fossil fuels on an economical basis. A characteristic feature of the various conversion concepts discussed is the use of tethered flying devices to substantially reduce the material consumption per installed unit and to access wind energy at higher altitudes, where the wind is more consistent. The introductory chapter describes the emergence and economic dimension of airborne wind energy. Focusing on “Fundamentals, Modeling & Simulation”, Part I includes six contributions that describe quasi-steady as well as dynamic models and simulations of airborne wind energy systems or individual components. Shifting the spotlight to “Control, Optimization & Flight State Measurement”, Part II combines one chapter on measurement techniques with five chapters on control of kite and ground stations, and two chapters on optimization. Part III on “Concept Design & Analysis” includes three chapters that present and analyze novel harvesting concepts as well as two chapters on system component design. Part IV, which centers on “Implemented Concepts”, presents five chapters on established system concepts and one chapter about a subsystem for automatic launching and landing of kites. In closing, Part V focuses with four chapters on “Technology Deployment” related to market and financing strategies, as well as on regulation and the environment. The book builds on the success of the first volume “Airborne Wind Energy” (Springer, 2013), and offers a self-contained reference guide for researchers, scientists, professionals and students. The respective chapters were contributed by a broad variety of authors: academics, practicing engineers and inventors, all of whom are experts in their respective fields. |
| economics of offshore wind: Wind Vision U. S. Department U.S. Department of Energy, 2015-03-18 This book provides a detailed roadmap of technical, economic, and institutional actions by the wind industry, the wind research community, and others to optimize wind's potential contribution to a cleaner, more reliable, low-carbon, domestic energy generation portfolio, utilizing U.S. manu-facturing and a U.S. workforce. The roadmap is intended to be the beginning of an evolving, collaborative, and necessarily dynamic process. It thus suggests an approach of continual updates at least every two years, informed by its analysis activities. Roadmap actions are identified in nine topical areas, introduced below. |
| economics of offshore wind: Offshore Wind Kurt Thomsen, 2014-07-10 Offshore Wind is the first-ever roadmap to successful offshore wind installation. It provides a ready reference for wind project managers, teaching them how to deal with complications on-site, as well as for financers, who can utilize the text as an easy guide to asking the pivotal questions of petitioning wind project developers. These developers' planning stages will be improved by the book's expert advice on how to avoid wasting money by scoping out and mitigating potential problems up-front. Wind turbine manufacturers will benefit from insights into design optimization to support cheaper installation and hauling, thereby incurring lower project costs, and helping developers establish a quicker route to profitability. The book sheds light not just on how to solve a particular installation difficulty, but delves into why the problem may best be solved in that way. - Enables all stakeholders to realize cheaper, faster, and safer offshore wind projects - Explains the different approaches to executing on- and offshore projects, highlighting theeconomic impacts of the various financial and operational choices - Provides practical, proven advice on how tough challenges can be overcome,using real-life examples from the author's experiences to illustrate key issues |
| economics of offshore wind: Variable Renewable Energy and the Electricity Grid Jay Apt, Paulina Jaramillo, 2014-06-13 The integration of renewable energy resources into the electricity grid presents an important challenge. This book provides a review and analysis of the technical and policy options available for managing variable energy resources such as wind and solar power. As well as being of value to government and industry policy-makers and planners, the volume also provides a single source for scientists and engineers of the technical knowledge gained during the 4-year RenewElec (renewable electricity) project at Carnegie Mellon University, the University of Vermont, Vermont Law School, and the Van Ness Feldman environmental law firm. The first part of the book discusses the options for large scale integration of variable electric power generation, including issues of predictability, variability, and efficiency. The second part presents the scientific findings of the project. In the final part, the authors undertake a critical review of major quantitative regional and national wind integration studies in the United States. Based on comparisons among these studies, they suggest areas where improvements in methods are warranted in future studies, areas where additional research is needed to facilitate future improvements in wind integration studies and how the research can be put into practice. |
| economics of offshore wind: Wave and Tidal Energy Deborah Greaves, Gregorio Iglesias, 2018-03-28 Eine umfassende Publikation zu sämtlichen Aspekten der Wellen- und Gezeitenenergie. Wave and Tidal Energy gibt einen ausführlichen Überblick über die Entwicklung erneuerbarer Energie aus dem Meer, bezieht sich auf die neueste Forschung und Erfahrungen aus Anlagentests. Das Buch verfolgt zwei Ziele, zum einen vermittelt es Einsteigern in das Fachgebiet eine Überblick über die Wellen- und Gezeitenenergie, zum anderen ist es ein Referenzwerk für komplexere Studien und die Praxis. Es vermittelt Detailwissen zu wichtigen Themen wie Ressourcencharakterisierung, Technologie für Wellen- und Gezeitenanlagen, Stromversorgungssysteme, numerische und physikalische Modellierung, Umwelteffekte und Politik. Zusätzlich enthält es eine aktuelle Übersicht über Entwicklungen in der ganzen Welt sowie Fallstudien zu ausgewählten Projekten. Hauptmerkmale: - Ausführliches Referenzwerk zu allen Aspekten der interdisziplinären Fachrichten Wellen- und Gezeitenenergie. - Greift auf die neuesten Forschungsergebnisse und die Erfahrung führender Experten in der numerischen und laborgestützten Modellierung zurück. - Gibt einen Überblick über regionale Entwicklungen in aller Welt, repräsentative Projekte werden in Fallstudien vorgestellt. Wave and Tidal Energy ist ein wertvolles Referenzwerk für eine breite Leserschaft, von Studenten der Ingenieurwissenschaften und technischen Managern über politische Entscheidungsträger bis hin zu Studienabsolventen und Forschern. |
| economics of offshore wind: Wind Power Paul Gipe, 2004 Wind energy today is a booming worldwide industry. The technology has truly come of age, with better, more reliable machinery and a greater understanding of how and where wind power makes sense -- from the independent homestead to a grid-connected utility-wide perspective. Heightened concerns about our environment mean that this resurgence of interest in wind -- a natural and widespread power source -- is here to stay. Wind Power is the completely revised and expanded edition of Paul Gipes definitive 1993 book, Wind Power for Home and Business. In addition to expanded sections on gauging wind resources and siting wind turbines, this edition includes new examples and case studies of successful wind systems, international sources for new and used equipment, and hundreds of color photographs and illustrations. |
| economics of offshore wind: Offshore Wind Energy Technology Olimpo Anaya-Lara, John Olav Tande, Kjetil Uhlen, Karl Merz, 2018-05-11 A COMPREHENSIVE REFERENCE TO THE MOST RECENT ADVANCEMENTS IN OFFSHORE WIND TECHNOLOGY Offshore Wind Energy Technology offers a reference based on the research material developed by the acclaimed Norwegian Research Centre for Offshore Wind Technology (NOWITECH) and material developed by the expert authors over the last 20 years. This comprehensive text covers critical topics such as wind energy conversion systems technology, control systems, grid connection and system integration, and novel structures including bottom-fixed and floating. The text also reviews the most current operation and maintenance strategies as well as technologies and design tools for novel offshore wind energy concepts. The text contains a wealth of mathematical derivations, tables, graphs, worked examples, and illustrative case studies. Authoritative and accessible, Offshore Wind Energy Technology: Contains coverage of electricity markets for offshore wind energy and then discusses the challenges posed by the cost and limited opportunities Discusses novel offshore wind turbine structures and floaters Features an analysis of the stochastic dynamics of offshore/marine structures Describes the logistics of planning, designing, building, and connecting an offshore wind farm Written for students and professionals in the field, Offshore Wind Energy Technology is a definitive resource that reviews all facets of offshore wind energy technology and grid connection. |
| economics of offshore wind: Aquaculture Perspective of Multi-Use Sites in the Open Ocean Bela H. Buck, Richard Langan, 2017-05-12 This book is open access under a CC BY 4.0 license. This volume addresses the potential for combining large-scale marine aquaculture of macroalgae, molluscs, crustaceans, and finfish, with offshore structures, primarily those associated with energy production, such as wind turbines and oil-drilling platforms. The volume offers a comprehensive overview and includes chapters on policy, science, engineering, and economic aspects to make this concept a reality. The compilation of chapters authored by internationally recognized researchers across the globe addresses the theoretical and practical aspects of multi-use, and presents case studies of research, development, and demonstration-scale installations in the US and EU. |
| economics of offshore wind: Transitioning to a Prosperous, Resilient and Carbon-Free Economy Ken Baldwin, Stuart Mark Howden, Peter Dawson, Karen Hussey, Michael Smith, 2021-08-31 This book is a comprehensive manual for decision-makers and policy leaders addressing the issues around human caused climate change, which threatens communities with increasing extreme weather events, sea level rise, and declining habitability of some regions due to desertification or inundation. The book looks at both mitigation of greenhouse gas emissions and global warming and adaption to changing conditions as the climate changes. It encourages the early adoption of climate change measures, showing that rapid decarbonisation and improved resilience can be achieved while maintaining prosperity. The book takes a sector-by-sector approach, starting with energy and includes cities, industry, natural resources, and agriculture, enabling practitioners to focus on actions relevant to their field. It uses case studies across a range of countries, and various industries, to illustrate the opportunities available. Blending technological insights with economics and policy, the book presents the tools decision-makers need to achieve rapid decarbonisation, whilst unlocking and maintaining productivity, profit, and growth. |
| economics of offshore wind: Wind Power in View Martin Pasqualetti, Paul Gipe, Robert Righter, 2002-02-15 More than ever, travelers are encountering a different sort of landscape, one not only of nature but of technology. Wind Power in View is the first authoritative discourse on the aesthetic impact of wind turbines on the landscape and what can be done about it. It is a detailed and thoroughly illustrated discussion of the issue from several different perspectives. The book also provides an overview of the status of wind energy at the dawn of the new millennium, examines some of the ongoing battles, and offers guidelines on minimizing its visual impact.Taking examples from the United States, Germany, Denmark, Great Britain, and Sweden, Wind Power in View is the first book to tackle the thorny land use questions raised by wind energy's hard won respectability. What will be the future of wind energy? Will it be welcomed as savior, or will it be opposed as a new-age intrusion on open space and landscape preservation? These 11 essays, international in nature and written by objective experts, address landscape issues in creative, original ways. |
| economics of offshore wind: Blowing in the Wind Jonathan Henry Haughton, Douglas Giuffre, John Barrett, Beacon Hill Institute, Cape Wind Associates, 2003-10-01 A cost-benefit analysis of the siting of a proposed wind farm in Nantucket Sound by Cape Wind Associates. |
| economics of offshore wind: The Political Economy of Clean Energy Transitions Douglas Arent, Channing Arndt, Mackay Miller, Finn Tarp, Owen Zinaman, 2017 A volume on the political economy of clean energy transition in developed and developing regions, with a focus on the issues that different countries face as they transition from fossil fuels to lower carbon technologies. |
| economics of offshore wind: The Economics of Renewable Energy Roger Fouquet, 2018 This major reference work brings together for the first time key articles on the economics of renewable energy. From a modest role as a backstop technology in the 1970s to a central role in low carbon transitions today, this collection reveals the emergence and growing importance of this sub-field of economics. Topics covered in this timely volume include the costs of renewable power (taking account of issues related to technological development, intermittency and interconnection), policies that promote renewable energy development, its public and private demand, and its impact on the environment and the economy. This indispensable collection is complemented by a comprehensive introduction that will serve as an essential source of reference for students and researchers. |
| economics of offshore wind: Offshore Wind Power John Twidell, Gaetano Gaudiosi, 2009 This book considers principally the engineering, manufacturing, servicing and climatological aspects of offshore wind power. |
| economics of offshore wind: Renewable Energy Mansour Al Qubeissi, Ahmad El-Kharouf, Hakan Serhad Soyhan, 2020-09-09 The demand for secure, affordable and clean energy is a priority call to humanity. Challenges associated with conventional energy resources, such as depletion of fossil fuels, high costs and associated greenhouse gas emissions, have stimulated interests in renewable energy resources. For instance, there have been clear gaps and rushed thoughts about replacing fossil-fuel driven engines with electric vehicles without long-term plans for energy security and recycling approaches. This book aims to provide a clear vision to scientists, industrialists and policy makers on renewable energy resources, predicted challenges and emerging applications. It can be used to help produce new technologies for sustainable, connected and harvested energy. A clear response to economic growth and clean environment demands is also illustrated. |
| economics of offshore wind: Drawdown Paul Hawken, 2017-04-18 • New York Times bestseller • The 100 most substantive solutions to reverse global warming, based on meticulous research by leading scientists and policymakers around the world “At this point in time, the Drawdown book is exactly what is needed; a credible, conservative solution-by-solution narrative that we can do it. Reading it is an effective inoculation against the widespread perception of doom that humanity cannot and will not solve the climate crisis. Reported by-effects include increased determination and a sense of grounded hope.” —Per Espen Stoknes, Author, What We Think About When We Try Not To Think About Global Warming “There’s been no real way for ordinary people to get an understanding of what they can do and what impact it can have. There remains no single, comprehensive, reliable compendium of carbon-reduction solutions across sectors. At least until now. . . . The public is hungry for this kind of practical wisdom.” —David Roberts, Vox “This is the ideal environmental sciences textbook—only it is too interesting and inspiring to be called a textbook.” —Peter Kareiva, Director of the Institute of the Environment and Sustainability, UCLA In the face of widespread fear and apathy, an international coalition of researchers, professionals, and scientists have come together to offer a set of realistic and bold solutions to climate change. One hundred techniques and practices are described here—some are well known; some you may have never heard of. They range from clean energy to educating girls in lower-income countries to land use practices that pull carbon out of the air. The solutions exist, are economically viable, and communities throughout the world are currently enacting them with skill and determination. If deployed collectively on a global scale over the next thirty years, they represent a credible path forward, not just to slow the earth’s warming but to reach drawdown, that point in time when greenhouse gases in the atmosphere peak and begin to decline. These measures promise cascading benefits to human health, security, prosperity, and well-being—giving us every reason to see this planetary crisis as an opportunity to create a just and livable world. |
| economics of offshore wind: Renewable Energy Systems Martin Kaltschmitt, Nickolas J. Themelis, Lucien Y. Bronicki, Lennart Söder, Luis A. Vega, 2012-12-06 Humanity is facing a steadily diminishing supply of fossil fuels, causing researchers, policy makers, and the population as a whole to turn increasingly to alternative and especially renewable sources of energy to make up this deficit. Gathering over 80 peer-reviewed entries from the Encyclopedia of Sustainability Science and Technologies, Renewable Energy Systems provides an authoritative introduction to a wide variety of renewable energy sources. State-of-the-art coverage includes geothermal power stations, ocean energy, renewable energy from biomass, waste to energy, and wind power. This comprehensive, two-volume work provides an excellent introduction for those entering these fields, as well as new insights for advanced researchers, industry experts, and decision makers. |
| economics of offshore wind: Wind Turbines Erich Hau, 2013-02-26 Wind Turbines addresses all those professionally involved in research, development, manufacture and operation of wind turbines. It provides a cross-disciplinary overview of modern wind turbine technology and an orientation in the associated technical, economic and environmental fields. It is based on the author's experience gained over decades designing wind energy converters with a major industrial manufacturer and, more recently, in technical consulting and in the planning of large wind park installations, with special attention to economics. The second edition accounts for the emerging concerns over increasing numbers of installed wind turbines. In particular, an important new chapter has been added which deals with offshore wind utilisation. All advanced chapters have been extensively revised and in some cases considerably extended |
| economics of offshore wind: Large-Scale Offshore Wind Power in the United States Walter Musial, 2011 This is a print on demand edition of a hard to find publication. Offshore wind power is poised to deliver an essential contribution to a clean, robust, and diversified U.S. energy portfolio. Capturing and using this large and inexhaustible resource has the potential to mitigate climate change, improve the environment, increase energy security, and stimulate the U.S. economy. The U.S. is now deliberating an energy policy that will have a powerful impact on the nation¿s energy and economic health for decades to come. This report provides a broad understanding of today¿s wind industry and the offshore resource, as well as the associated technology challenges, economics, permitting procedures, and potential risks and benefits. Charts and tables. |
| economics of offshore wind: Local Content Requirements Gary Clyde Hufbauer, Jeffrey J Schott, Cathleen Cimino-Isaacs, 2013-10-05 In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas). As a result, economists underestimated the incidence of new protectionism because policymakers increasingly turned to more opaque behind-the-border nontariff barriers (NTBs). Using a combination of statistical analysis and case studies, the authors show that local content requirements (LCRs), a form of NTB, have become increasingly popular. How much was global trade actually reduced on account of LCRs? A conservative estimate might be $93 billion. Case studies featured cover the healthcare sector in Brazil, wind turbines in Canada, the automobile industry in China, solar cells and modules in India, oil and gas in Nigeria, and Buy American restrictions on government procurement. |
| economics of offshore wind: Economics of Nuclear Power Geoffrey Rothwell, 2018-12-07 This book is a unique introduction to the economic costs of nuclear power. It examines the future of the nuclear power industry and unpacks the complicated relationships between its technical, economic and political variables. It does so by modelling the costs, risks and uncertainties of one of the world’s most opaque industries using micro-econometrics, econometrics, and cost engineering. Economics of Nuclear Power examines the very important costs of externalities (storing of nuclear waste and the impact of a Chernobyl or Fukushima event) and compares those to the externalities of alternative carbon based energies (oil, coal, natural gas). With over 100 tables and figures this book details nuclear power production around the world - present and planned, providing a completely global focus. It also includes an overview of the past 70 years of international nuclear power developments. This book is essential reading for students, scholars and professionals interested in energy economics, nuclear engineering and energy policy. |
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Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a behavioral science that studies the production, distribution, and consumption of goods and services. [3] [4]Economics focuses on …
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Jun 28, 2024 · Economics is a branch of the social sciences focused on the production, distribution, and consumption of goods and services. Microeconomics is a type of economics …
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In economics, a transfer is a payment of money without any goods or services being exchanged in return. Governments make transfers in the form of welfare benefits but individuals make …
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Economics is a broad discipline that helps us understand historical trends, interpret today’s headlines, and make predictions about the coming years. Economics ranges from the very …
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Economics Economics is the study of scarcity and how it affects the use of resources, the production of goods and services, the growth of production and well-being over time, and …
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Economics is the study of how we make choices in the face of scarcity and how those choices motivate behavior. THE FIELD OF ECONOMICS. As individuals, families, and nations, we …
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Economics is the study of given ends and scarce means. Lionel Robbins, biography, from the Concise Encyclopedia of Economics: Robbins’ most famous book was An Essay on the …
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Instead, economics was merely used to analyze the action of individuals, using stylized mathematical models. Modern Definition of Economics The modern definition, attributed to the …
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This report also tackles and discusses wider energy topics, including economics, policies, regulatory frameworks, but always from the perspective of how the offshore wind industry is …
Proposed Offshore Wind Procurement Strategy for Delaware
Dec 29, 2023 · Economics, and Zooid Energy December 29, 2023 . Page 2 Proposed Offshore Wind Procurement Strategy for Delaware December 29, 2023 Prepared by: ... offshore wind …
Final Report - Vattenfall
project. This leakage of the offshore construction stage benefits is a major concern to local, regional and national authorities, as noted by the Scottish Energy Minister at an offshore wind …
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11. Headline prices from auctions for offshore wind do not provide a reliable guide to the future cost of offshore wind generation. Nonetheless, it is reasonable to conclude that the cost of …
WIND POWER ECONOMICS RHETORIC & REALITY
was 28 GW in 2019. However, this too is unlikely because offshore wind is the combination of two mature technologies, namely onshore wind and offshore oil and gas operations. One would …
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1 CHAPTER - 1: FUNDAMENTALS OF WIND ENERGY The wind is one of the most important sources of green and renewable energy. Both the terms "wind energy" and "wind power" refer …
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A Guide to UK Offshore Wind Operations and Maintenance
The economics of offshore wind O&M require a balance to be struck between the money spent on maintaining the project and the revenue lost when the electricity output is limited by technical …
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The International Energy Agency (IEA) estimates that total onshore wind capacity will reach 546 GW by 2020 and 923 GW by 2035. Offshore wind capacity will add 175 GW to this, and the …
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The continued expansion of Danish wind farms matters to the domestic offshore wind sector as well. When an offshore wind farm is installed and operated in Denmark, the Danish labour …
Immature Offshore Wind Technology: UK Life Cycle Capacity …
the leading country in the offshore wind industry. With 10 GW commissioned offshore wind farms, the United Kingdom has 42% of the total installed capacity by 2020 in Europe and the UK …
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In 2001, The Crown Estate announced the first UK offshore wind leasing round and since has run two further leasing rounds in 2003 and 2008. To the end of 2018, thirty-nine offshore wind …
OUT TO SEA: THE DISMAL ECONOMICS OF OFFSHORE WIND
The justification of subsidies for offshore wind based on increased economic growth, new industries, and state job creation is an appeal to “free-lunch” economics. The subsidies will …
Missing Money Will the Current Electricity Market Structure
Potomac Economics, LTD. September 2014. 2013 State of the Market Report for the ERCOT Wholesale Electricity Markets ... Well as on Transmission Networks for Offshore Wind Power …
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wind projects in Highland by increasing operational costs over the lifetime of the asset. This will decrease the profitability of the wind farms because the competitive nature of the Contracts for …
The Economics of Renewable Energy - Boston University
THE ECONOMICS OF RENEWABLE ENERGY 6 Wind power Wind power has been used since ancient times. Wind power is generated by the energy in moving ... In 2023, U.S. offshore wind …
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Given the EC’s ambition to triple offshore wind capacity by 2030, auctions for offshore wind could be particularly affected by upcoming changes. With billions at stake, governments and …
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expect that onshore wind projects will choose the PTC, we assume offshore wind projects will claim the . ITC because of the relatively higher capital costs for those projects. We assume …
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The Economic Value of Offshore Wind. Benefits to the UK of Supporting the Industry. Miriam Noonan and Gavin Smart. March 2017 SP-0012. Summary. The UK offshore wind industry is …
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Given current technology, offshore wind turbines are feasible to a water depth of 30 meters. New technology exists to site wind turbines to a depth of 50 meters, while 100 meter technology is …
Appendix B. List of Preparers and Reviewers, References Cited, …
Ocean Wind Offshore Wind Farm Appendix B Final Environmental Impact Statement List of Preparers and Reviewers, References Cited, and Glossary B-4 Bureau of Ocean Energy …
Economic Analysis of the Atlantic Shores South Offshore …
a qualified offshore wind facility and deemed it eligible to receive payments for Offshore Renewable Energy Credits (ORECs) for power. In announcing awards ... 5.0 Project …
Techno-economics of ammonia as an energy carrier.
detail the techno-economics of green ammonia’s supply chain as an alternative to harness offshore wind energy from the North Atlantic Ocean/North Sea [3]. As stated by [4-5], Scotland …
Socio-economic impact study of offshore wind - Green …
The continued expansion of Danish wind farms matters to the domestic offshore wind sector as well. When an offshore wind farm is installed and operated in Denmark, the Danish labour …
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offshore wind in the North Sea. The main research question addressed: ‘Is seaweed production in the North Sea economically feasible?’ Increase in the installed capacity of offshore wind …
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Offshore Wind in the US Gulf of Mexico: Regional Economic …
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Feasibility Study of Economics and Performance of Wind …
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Offshore Wind Economics For Complete Beginners
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The offshore wind market has so far been dominated by countries with relatively shallow water depths (<50m) and established maritime industries. However, with the limited potential for …
