Projects per year
Abstract
Deliverable 7.8: “Final system-wide assessment on impact on jobs” aims to provide and estimate of the relationship between the expected offshore wind Levilised Cost of Energy (LCOE) reduction associated with X-ROTOR and key economic metrics including gross domestic product, jobs, and emissions. This report builds on the estimation of X-ROTOR LCOE undertaken in Deliverable 6.2: “Modelled LCOE for the X-ROTOR” from WP6 by using a Computerised General Equilibrium (CGE) model to model the impact of X-ROTOR.
Our UKENVI model is an energy-economy-environment CGE model based on the AMOS framework of models used extensively by the Fraser of Allander Institute (FAI). Informed by the findings of D6.2, we consider a central scenario based on the average LCOE value derived. To address uncertainty around the true LCOE of X-ROTOR we model five additional scenarios designed to test the sensitivity of our results.
Our UKENVI model is an energy-economy-environment CGE model based on the AMOS framework of models used extensively by the Fraser of Allander Institute (FAI). Informed by the findings of D6.2, we consider a central scenario based on the average LCOE value derived. To address uncertainty around the true LCOE of X-ROTOR we model five additional scenarios designed to test the sensitivity of our results.
| Original language | English |
|---|---|
| Number of pages | 23 |
| DOIs | |
| Publication status | Published - 28 Mar 2024 |
Keywords
- Offshore wind
- CGE modellilng
- economics
- economic modelling
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- 1 Finished
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XROTOR (H2020 LC SC3) X-Shaped Radical Offshore Wind Turbine For Overall Cost Of Energy Reduction'
Leithead, B., Allan, G., Anaya-Lara, O., Carroll, J., Jamieson, P., Stock, A. & Williamson, J.
European Commission - Horizon Europe + H2020
1/01/21 → 31/12/23
Project: Research