Techno-economic optimisation of offshore wind farms based on life cycle cost analysis on the UK

Varvara Mytilinou, Athanasios J. Kolios

Research output: Contribution to journalArticle

5 Citations (Scopus)

Abstract

In order to reduce the cost of energy per MWh in wind energy sector and support investment decisions, an optimisation methodology is developed and applied on Round 3 offshore zones, which are specific sites released by the Crown Estate for offshore wind farm deployments, and for each zone individually in the UK. The 8-objective optimisation problem includes five techno-economic Life Cycle Cost factors that are directly linked to the physical aspects of each location, where three different wind farm layouts and four types of turbines are considered. Optimal trade-offs are revealed by using NSGA II and sensitivity analysis is conducted for deeper insight for both industrial and policy-making purposes. Four optimum solutions were discovered in the range between £1.6 and £1.8 billion; the areas of Seagreen Alpha, East Anglia One and Hornsea Project One. The highly complex nature of the decision variables and their interdependencies were revealed, where the combinations of site-layout and site-turbine size captured above 20% of total Sobol indices in total cost. The proposed framework could also be applied to other sectors in order to increase investment confidence.

LanguageEnglish
Pages439-454
Number of pages16
JournalRenewable Energy
Volume132
Early online date3 Aug 2018
DOIs
Publication statusPublished - 31 Mar 2019

Fingerprint

Offshore wind farms
Life cycle
Economics
Turbines
Costs
Wind power
Sensitivity analysis

Keywords

  • life cycle cost
  • multi-objective optimisation
  • NSGA II
  • round 3
  • sensitivity analysis
  • UK

Cite this

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Techno-economic optimisation of offshore wind farms based on life cycle cost analysis on the UK. / Mytilinou, Varvara; Kolios, Athanasios J.

In: Renewable Energy, Vol. 132, 31.03.2019, p. 439-454.

Research output: Contribution to journalArticle

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