Estimating The Economic Potential Of Offshore Wind In The United States

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Estimating the Economic Potential of Offshore Wind in the United States

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (951 download)

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Book Synopsis Estimating the Economic Potential of Offshore Wind in the United States by :

Download or read book Estimating the Economic Potential of Offshore Wind in the United States written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The potential for cost reduction and market deployment for offshore wind varies considerably within the United States. This analysis estimates the future economic viability of offshore wind at more than 7,000 sites under a variety of electric sector and cost reduction scenarios. Identifying the economic potential of offshore wind at a high geospatial resolution can capture the significant variation in local offshore resource quality, costs, and revenue potential. In estimating economic potential, this article applies a method initially developed in Brown et al. (2015) to offshore wind and estimates the sensitivity of results under a variety of most likely electric sector scenarios. For the purposes of this analysis, a theoretical framework is developed introducing a novel offshore resource classification system that is analogous to established resource classifications from the oil and gas sector. Analyzing economic potential within this framework can help establish a refined understanding across industries of the technology and site-specific risks and opportunities associated with future offshore wind development. The results of this analysis are intended to inform the development of the U.S. Department of Energy's offshore wind strategy.

Estimating the Economic Potential of Offshore Wind in the United States

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis Estimating the Economic Potential of Offshore Wind in the United States by :

Download or read book Estimating the Economic Potential of Offshore Wind in the United States written by and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The potential for cost reduction and market deployment for offshore wind varies considerably within the United States. This analysis estimates the future economic viability of offshore wind at more than 7,000 sites under a variety of electric sector and cost reduction scenarios. Identifying the economic potential of offshore wind at a high geospatial resolution can capture the significant variation in local offshore resource quality, costs, and revenue potential. In estimating economic potential, this article applies a method initially developed in Brown et al. (2015) to offshore wind and estimates the sensitivity of results under a variety of most likely electric sector scenarios. For the purposes of this analysis, a theoretical framework is developed introducing a novel offshore resource classification system that is analogous to established resource classifications from the oil and gas sector. Analyzing economic potential within this framework can help establish a refined understanding across industries of the technology and site-specific risks and opportunities associated with future offshore wind development. The results of this analysis are intended to inform the development of the U.S. Department of Energy's offshore wind strategy.

Large-Scale Offshore Wind Power in the United States

Author : Walter Musial
Publisher : DIANE Publishing
ISBN 13 : 1437941338
Total Pages : 240 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Large-Scale Offshore Wind Power in the United States by : Walter Musial

Download or read book Large-Scale Offshore Wind Power in the United States written by Walter Musial and published by DIANE Publishing. This book was released on 2011 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015-2030

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (965 download)

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Book Synopsis A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015-2030 by :

Download or read book A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015-2030 written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The potential for cost reduction and economic viability for offshore wind varies considerably within the United States. This analysis models the cost impact of a range of offshore wind locational cost variables across more than 7,000 potential coastal sites in the United States' offshore wind resource area. It also assesses the impact of over 50 technology innovations on potential future costs between 2015 and 2027 (Commercial Operation Date) for both fixed-bottom and floating wind systems. Comparing these costs to an initial assessment of local avoided generating costs, this analysis provides a framework for estimating the economic potential for offshore wind. Analyzing economic potential within this framework can help establish a refined understanding across industries of the technology and site-specific risks and opportunities associated with future offshore wind development. The findings from the original report indicate that under the modeled scenario, offshore wind can be expected to achieve significant cost reductions and may approach economic viability in some parts of the United States within the next 15 years.

Future of wind

Author : International Renewable Energy Agency IRENA
Publisher : International Renewable Energy Agency (IRENA)
ISBN 13 : 9292601970
Total Pages : 161 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Future of wind by : International Renewable Energy Agency IRENA

Download or read book Future of wind written by International Renewable Energy Agency IRENA and published by International Renewable Energy Agency (IRENA). This book was released on 2019-10-01 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study presents options to speed up the deployment of wind power, both onshore and offshore, until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.

A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015{u2013}2030

Author :
Publisher :
ISBN 13 :
Total Pages : 214 pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015{u2013}2030 by :

Download or read book A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015{u2013}2030 written by and published by . This book was released on 2016 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes a comprehensive effort undertaken by the National Renewable Energy Laboratory (NREL) to understand the cost of offshore wind energy for markets in the United States. The study models the cost impacts of a range of offshore wind locational cost variables for more than 7,000 potential coastal sites in U.S. offshore wind resource areas. It also assesses the impact of more than 50 technology innovations on potential future costs for both fixed-bottom and floating wind systems. Comparing these costs to an initial site-specific assessment of local avoided generating costs, the analysis provides a framework for estimating the economic potential for offshore wind. The analysis is intended to inform a broad set of stakeholders and enable an assessment of offshore wind as part of energy development and energy portfolio planning. It provides information that federal and state agencies and planning commissions could use to inform initial strategic decisions about offshore wind developments in the United States.

A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015-2030

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015-2030 by :

Download or read book A Spatial-Economic Cost-Reduction Pathway Analysis for U.S. Offshore Wind Energy Development from 2015-2030 written by and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes a comprehensive effort undertaken by the National Renewable Energy Laboratory (NREL) to understand the cost of offshore wind energy for markets in the United States. The study models the cost impacts of a range of offshore wind locational cost variables for more than 7,000 potential coastal sites in U.S. offshore wind resource areas. It also assesses the impact of more than 50 technology innovations on potential future costs for both fixed-bottom and floating wind systems. Comparing these costs to an initial site-specific assessment of local avoided generating costs, the analysis provides a framework for estimating the economic potential for offshore wind. The analysis is intended to inform a broad set of stakeholders and enable an assessment of offshore wind as part of energy development and energy portfolio planning. It provides information that federal and state agencies and planning commissions could use to inform initial strategic decisions about offshore wind developments in the United States.

Wind Vision

Author : U. S. Department U.S. Department of Energy
Publisher : CreateSpace
ISBN 13 : 9781508860549
Total Pages : 46 pages
Book Rating : 4.8/5 (65 download)

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Book Synopsis Wind Vision by : U. S. Department U.S. Department of Energy

Download or read book Wind Vision written by U. S. Department U.S. Department of Energy and published by CreateSpace. This book was released on 2015-03-18 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economics of Wind Energy

Author :
Publisher : EWEA
ISBN 13 :
Total Pages : 156 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Economics of Wind Energy by :

Download or read book The Economics of Wind Energy written by and published by EWEA. This book was released on 2009 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Floating Offshore Wind Energy

Author : Joao Cruz
Publisher : Springer
ISBN 13 : 3319293982
Total Pages : 345 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Floating Offshore Wind Energy by : Joao Cruz

Download or read book Floating Offshore Wind Energy written by Joao Cruz and published by Springer. This book was released on 2016-08-20 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Offshore Wind Energy Cost Modeling

Author : Mark J Kaiser
Publisher : Springer Science & Business Media
ISBN 13 : 144712488X
Total Pages : 243 pages
Book Rating : 4.4/5 (471 download)

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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 and published by Springer Science & Business Media. This book was released on 2012-01-12 with total page 243 pages. 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.

An Assessment of the Economic Potential of Offshore Wind in the United States from 2015 to 2030

Author :
Publisher :
ISBN 13 :
Total Pages : 77 pages
Book Rating : 4.:/5 (986 download)

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Book Synopsis An Assessment of the Economic Potential of Offshore Wind in the United States from 2015 to 2030 by :

Download or read book An Assessment of the Economic Potential of Offshore Wind in the United States from 2015 to 2030 written by and published by . This book was released on 2017 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study describes an assessment of the spatial variation of levelized cost of energy (LCOE) and levelized avoided cost of energy to understand the economic viability of fixed-bottom and floating offshore wind technologies across major U.S. coastal areas between 2015 and 2030. In particular, this study offers insights into the available offshore wind resource by region at different levels of LCOE and an assessment of the economically viable resource capacity in the United States.

Offshore Wind Resource, Cost, and Economic Potential in the State of Maine

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis Offshore Wind Resource, Cost, and Economic Potential in the State of Maine by :

Download or read book Offshore Wind Resource, Cost, and Economic Potential in the State of Maine written by and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides information for decision-makers about floating offshore wind technologies in the state of Maine. It summarizes research efforts performed at the National Renewable Energy Laboratory between 2015 and 2017 to analyze the resource potential, cost of offshore wind, and economic potential of offshore wind from four primary reports: Musial et al. (2016); Beiter et al. (2016, 2017); and Mone et al. (unpublished). From Musial et al. (2016), Maine's technical offshore wind resource potential ranked seventh in the nation overall with more than 411 terawatt-hours/year of offshore resource generating potential. Although 90% of this wind resource is greater than 9.0-meters-per-second average velocity, most of the resource is over deep water, where floating wind technology is needed. Levelized cost of energy and levelized avoided cost of energy were computed to estimate the unsubsidized 'economic potential' for Maine in the year 2027 (Beiter et al. 2016, 2017). The studies found that Maine may have 65 gigawatts of economic potential by 2027, the highest of any U.S. state. Bottom-line costs for the Aqua Ventus project, which is part of the U.S. Department of Energy's Advanced Technology Demonstration project, were released from a proprietary report written by NREL in 2016 for the University of Maine (Mone et al. unpublished). The report findings were that economies of scale and new technology advancements lowered the cost from $300/megawatt-hour (MWh) for the two-turbine 12-megawatt (MW) Aqua Ventus 1 project, to $126/MWh for the commercial-scale, 498-MW Aqua Ventus-2 project. Further cost reductions to $77/MWh were found when new technology advancements were applied for the 1,000-MW Aqua Ventus-3 project in 2030. No new analysis was conducted for this report.

The Blue Compendium

Author : Jane Lubchenco
Publisher : Springer Nature
ISBN 13 : 3031162773
Total Pages : 921 pages
Book Rating : 4.0/5 (311 download)

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Book Synopsis The Blue Compendium by : Jane Lubchenco

Download or read book The Blue Compendium written by Jane Lubchenco and published by Springer Nature. This book was released on 2023-05-24 with total page 921 pages. Available in PDF, EPUB and Kindle. Book excerpt: Home to over 80 percent of all life on Earth, the ocean is the world’s largest carbon sink and a key source of food and economic security for billions of people. The relevance of the ocean for humanity's future is undisputed. However, the ocean’s great potential to drive economic growth and equitable job creation, sustain healthy ecosystems, and mitigate climate change is not yet fully recognised. Lack of awareness of this potential as well as management and governance challenges pose impediments. Until these impediments are removed, ocean ecosystems will continue to be degraded and opportunities for people lost. A transition and a clear path to a thriving and vibrant relationship between humans and the ocean are urgently needed. This open access collection of papers and reports identifies a path that is inspired by science, energised by engaged people, and emboldened by visionary leaders. These assessments of knowledge are commissioned by the High Level Panel for a Sustainable Ocean Economy (Ocean Panel), which was established in September 2018 as a unique initiative led by heads of state and government from around the world, to showcase the latest leading-edge science, knowledge and state-of-the-art thinking on key ocean issues. Altogether, The Blue Compendium offers innovative ocean solutions in technology, policy, governance, and finance realms, that could help accelerate a transition to a more sustainable and prosperous relationship with the ocean. The comprehensive assessments have already informed policy making at the highest levels of government and motivated an impressive array of responsive and ambitious action across a growing network of leaders in business, finance and civil society.

Floating Offshore Wind Farms

Author : Laura Castro-Santos
Publisher : Springer
ISBN 13 : 3319279726
Total Pages : 204 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Floating Offshore Wind Farms by : Laura Castro-Santos

Download or read book Floating Offshore Wind Farms written by Laura Castro-Santos and published by Springer. This book was released on 2016-03-05 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Landmark Report Analyzes Current State of U.S. Offshore Wind Industry (Fact Sheet)

Author :
Publisher :
ISBN 13 :
Total Pages : 1 pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis Landmark Report Analyzes Current State of U.S. Offshore Wind Industry (Fact Sheet) by :

Download or read book Landmark Report Analyzes Current State of U.S. Offshore Wind Industry (Fact Sheet) written by and published by . This book was released on 2011 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: New report assesses offshore wind industry, offshore wind resource, technology challenges, economics, permitting procedures, and potential risks and benefits. The National Renewable Energy Laboratory (NREL) recently published a new report that analyzes the current state of the offshore wind energy industry, Large-Scale Offshore Wind Power in the United States. It provides a broad understanding of the offshore wind resource, and details the associated technology challenges, economics, permitting procedures, and potential risks and benefits of developing this clean, domestic, renewable resource. The United States possesses large and accessible offshore wind energy resources. The availability of these strong offshore winds close to major U.S. coastal cities significantly reduces power transmission issues. The report estimates that U.S. offshore winds have a gross potential generating capacity four times greater than the nation's present electric capacity. According to the report, developing the offshore wind resource along U.S. coastlines and in the Great Lakes would help the nation: (1) Achieve 20% of its electricity from wind by 2030 - Offshore wind could supply 54 gigawatts of wind capacity to the nation's electrical grid, increasing energy security, reducing air and water pollution, and stimulating the domestic economy. (2) Provide clean power to its coastal demand centers - Wind power emits no carbon dioxide (CO2) and there are plentiful winds off the coasts of 26 states. (3) Revitalize its manufacturing sector - Building 54 GW of offshore wind energy facilities would generate an estimated $200 billion in new economic activity, and create more than 43,000 permanent, well-paid technical jobs in manufacturing, construction, engineering, operations and maintenance. NREL's report concludes that the development of the nation's offshore wind resources can provide many potential benefits, and with effective research, policies, and commitment, offshore wind energy can play a vital role in future U.S. energy markets.

Airborne Wind Energy

Author : Roland Schmehl
Publisher : Springer
ISBN 13 : 9811019479
Total Pages : 752 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Airborne Wind Energy by : Roland Schmehl

Download or read book Airborne Wind Energy written by Roland Schmehl and published by Springer. This book was released on 2018-03-31 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.