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Process-based Balance-of-system Cost Modeling for Offshore Wind Power Plants in the United States

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Release : 2020
Genre : Offshore wind power plants
Kind : eBook
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Book Synopsis Process-based Balance-of-system Cost Modeling for Offshore Wind Power Plants in the United States by : Matt Shields

Download or read book Process-based Balance-of-system Cost Modeling for Offshore Wind Power Plants in the United States written by Matt Shields. This book was released on 2020. Available in PDF, EPUB and Kindle. Book excerpt:

NREL's Balance-of-System Cost Model for Land-Based Wind

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Author :
Release : 2019
Genre :
Kind : eBook
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Book Synopsis NREL's Balance-of-System Cost Model for Land-Based Wind by :

Download or read book NREL's Balance-of-System Cost Model for Land-Based Wind written by . This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: NREL's Land-based Balance of System Systems Engineering (LandBOSSE) model is a tool for modeling the balance of system (BOS) costs of land-based wind plants. BOS costs currently account for approximately 30% of the capital expenditures needed to install a land-based wind plant and include all costs associated with installing a wind plant, such as permitting, labor, material, and equipment costs associated with site preparation, foundation construction, electrical infrastructure, and tower installation. NREL developed LandBOSSE after identifying a need for a hybrid of process-based and empirically derived model that can provide flexibility for assessing wind plant BOS costs at a system level. NREL's prior BOS models have relied on empirical fits of legacy industry data, which limit their predictive ability. LandBOSSE, however, was designed to help users explore tradeoffs between innovative design scenarios while balancing the level of detail and speed required for model execution. The model was developed using a hybrid of process-based and empirically derived methods to create a modular model design that will allow for updates as wind energy technology evolves. The goal of LandBOSSE is to allow researchers, analysts, wind power developers, government agencies, and the public to explore how BOS may vary for different wind plant designs. This report summarizes the approach, methods, and equations used to develop LandBOSSE Version 2.1 (hereafter referred to as LandBOSSE 2.1). Future versions of the model may incorporate additional process-based capabilities or modify calculations within the code. Please refer to the GitHub repository at https://github.com/WISDEM/LandBOSSE for the most up-to-date version of the software documentation and code.

NREL Offshore Balance-of-System Model

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Author :
Release : 2017
Genre :
Kind : eBook
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Book Synopsis NREL Offshore Balance-of-System Model by :

Download or read book NREL Offshore Balance-of-System Model written by . This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Department of Energy (DOE) has investigated the potential for 20% of nationwide electricity demand to be generated from wind by 2030 and, more recently, 35% by 2050. Achieving this level of wind power generation may require the development and deployment of offshore wind technologies. DOE (2008) has indicated that reaching these 2030 and 2050 scenarios could result in approximately 10% and 20%, respectively, of wind energy generation to come from offshore resources. By the end of 2013, 6.5 gigawatts of offshore wind were installed globally. The first U.S. project, the Block Island Wind Farm off the coast of Rhode Island, has recently begun operations. One of the major reasons that offshore wind development in the United States is lagging behind global trends is the high capital expenditures required. An understanding of the costs and associated drivers of building a commercial-scale offshore wind plant in the United States will inform future research and help U.S. investors feel more confident in offshore wind development. In an effort to explain these costs, the National Renewable Energy Laboratory has developed the Offshore Balance-of-System model.

Offshore Wind Energy Cost Modeling

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Author :
Release : 2012-01-12
Genre : Technology & Engineering
Kind : eBook
Book Rating : 88X/5 ( reviews)

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Book Synopsis Offshore Wind Energy Cost Modeling by : Mark J Kaiser

Download or read book Offshore Wind Energy Cost Modeling written by Mark J Kaiser. This book was released on 2012-01-12. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Offshore Wind Balance-of-System Cost Modeling

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Author :
Release : 2015
Genre :
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Book Synopsis Offshore Wind Balance-of-System Cost Modeling by :

Download or read book Offshore Wind Balance-of-System Cost Modeling written by . This book was released on 2015. Available in PDF, EPUB and Kindle. Book excerpt: Offshore wind balance-of-system (BOS) costs contribute up to 70% of installed capital costs. Thus, it is imperative to understand the impact of these costs on project economics as well as potential cost trends for new offshore wind technology developments. As a result, the National Renewable Energy Laboratory (NREL) developed and recently updated a BOS techno-economic model using project cost estimates created from wind energy industry sources.

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