The objective of this work is to calculate the Levelized Cost of Energy (LCOE), Net Present Value (NPV) and the Internal Rate of Return (IRR) of a 700MW floating wind farm located in the Canary Islands. For this, three possible scenarios have been analyzed taking into account the price of steel and each of the economic parameters have been calculated for each of the scenarios, showing that the highest economic variations are related to the IRR and LCOE.

The economic feasibility of a floating offshore wind energy farm considering different steel prices. The case of study of the Canary Islands

Piegari L.;
2023-01-01

Abstract

The objective of this work is to calculate the Levelized Cost of Energy (LCOE), Net Present Value (NPV) and the Internal Rate of Return (IRR) of a 700MW floating wind farm located in the Canary Islands. For this, three possible scenarios have been analyzed taking into account the price of steel and each of the economic parameters have been calculated for each of the scenarios, showing that the highest economic variations are related to the IRR and LCOE.
2023
2023 International Conference on Clean Electrical Power, ICCEP 2023
979-8-3503-4837-8
economic parameters
offshore wind
steel
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11311/1260544
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