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Offshore Wind Resource Cost And Economic Potential In The State Of Maine
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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 (unpublished).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 unpublished).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.
Book Synopsis Cost of Floating Offshore Wind Energy Using New England Aqua Ventus Concrete Semisubmersible Technology by :
Download or read book Cost of Floating Offshore Wind Energy Using New England Aqua Ventus Concrete Semisubmersible Technology written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The State of Maine has a technical electricity generation potential from offshore wind of up to 411 terawatt-hours/year. Up to 88% of the state's offshore wind generation potential is in deep waters, thereby requiring floating offshore wind technology to access this resource. Given competing coastal uses, it is likely all the viable offshore wind energy resource is over waters deeper than 60 meters. However, relative to the 11.21 terawatt-hours of electric consumption by Maine (consumed in 2017), the technical offshore wind resource potential is abundant. This report provides cost, technological, and resource data for floating offshore wind technology deployment at a hypothetical reference site representative of conditions in the Gulf of Maine. This report is intended for stakeholders who want to understand more about the New England Aqua Ventus project costs as well as those who are interested in the general cost trends of the floating offshore wind industry.
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.
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.
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.
Book Synopsis Budget Period 2 Summary Report Part 3 by :
Download or read book Budget Period 2 Summary Report Part 3 written by and published by . This book was released on 2015 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
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.
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)
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.
Book Synopsis Economics of Offshore Wind Energy in Maine by :
Download or read book Economics of Offshore Wind Energy in Maine written by and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
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.
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:
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.
Book Synopsis Laws of the State of New Hampshire, Passed June Session, 1874 by : Anonymous
Download or read book Laws of the State of New Hampshire, Passed June Session, 1874 written by Anonymous and published by BoD – Books on Demand. This book was released on 2023-10-17 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reprint of the original, first published in 1874.
Book Synopsis 2022 Maine Offshore Wind Talent Analysis by : BW Research Partnership
Download or read book 2022 Maine Offshore Wind Talent Analysis written by BW Research Partnership and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Maine Offshore Wind Analysis Offshore Wind Transmission Technical Review - Initial Report by : DNV
Download or read book Maine Offshore Wind Analysis Offshore Wind Transmission Technical Review - Initial Report written by DNV and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
