Technical Economic Analysis Modeling And Optimization Of Floating Offshore Wind Farms

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Technical-economic Analysis, Modeling and Optimization of Floating Offshore Wind Farms

Author : Markus Lerch
Publisher :
ISBN 13 :
Total Pages : 245 pages
Book Rating : 4.:/5 (122 download)

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Book Synopsis Technical-economic Analysis, Modeling and Optimization of Floating Offshore Wind Farms by : Markus Lerch

Download or read book Technical-economic Analysis, Modeling and Optimization of Floating Offshore Wind Farms written by Markus Lerch and published by . This book was released on 2020 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The offshore wind sector has grown significantly during the last decades driven by the increasing demand for clean energy and to reach defined energy targets based on renewable energies. As the wind speeds tend to be faster and steadier offshore, wind farms at sea can reach higher capacity factors compared to their onshore counterparts. Furthermore, fewer restrictions regarding land use, visual impact, and noise favors the application of this technology. However, most of today's offshore wind farms use bottom-fixed foundations that limit their feasible application to shallow water depths.Floating substructures for offshore wind turbines are a suitable solution to harness the full potential of offshore wind as they have less constraints to water depths and soil conditions and can be applied from shallow to deep waters. As several floating offshore wind turbine (FOWT) concepts have been successfully tested in wave tanks and prototypes have been proven in open seas, floating offshore wind is now moving towards the commercial phase with the first floating offshore wind farm (FOWF) commissioned in 2017 and several more are projected to be constructed in 2020. This transition increases the need for comprehensive tools that allow to model the complete system and to predict its behavior as well as to assess the performance for different locations. The aim of this thesis is to analyze from a technical and economic perspective commercial scale FOWFs. This includes the modeling of FOWTs and the study of their dynamic behavior as well as the economic assessment of different FOWT concepts. The optimization of the electrical layout is also addressed in this thesis.The first model developed is applied to analyze the performance of a Spar type FOWT. The model is tested with different load cases and compared to a reference model. The results of both models show an overall good agreement. Afterwards, the developed model is applied to study the behavior of the FOWT with respect to three different offshore sites. Even at the site with the harshest conditions and largest motions, no significant loss in energy generation is measured, which demonstrates the good performance of this concept. The second model is used to perform a technical-economic assessment of commercial scale FOWFs. It includes a comprehensive LCOE methodology based on a life cycle cost estimation as well as the computation of the energy yield. The model is applied to three FOWT concepts located at three different sites and considering a 500MW wind farm configuration. The findings indicate that FOWTs are a high competitive solution and energy can be produced at an equal or lower LCOE compared to bottom-fixed offshore wind or ocean energy technologies. Furthermore, a sensitivity analysis is performed to identify the key parameters that have a significant influence on the LCOE and which can be essential for further cost reductions.The last model is aimed to optimize the electrical layout of FOWFs based on the particle swarm optimization theory. The model is validated against a reference model at first and is then used to optimize the inter-array cable routing of a 500MW FOWF. The obtained electrical layout results in a reduction of the power cable costs and a decrease of the energy losses. Finally, the use of different power cable configurations is studied and it is shown that the use of solely dynamic power cables in comparison to combined dynamic and static cables results in decreased acquisition and installation costs due to the avoidance of cost-intensive submarine joints and additional installation activities.

Wind Turbine Power Optimization Technology

Author : Francesco Castellani
Publisher : MDPI
ISBN 13 : 3039289330
Total Pages : 138 pages
Book Rating : 4.0/5 (392 download)

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Book Synopsis Wind Turbine Power Optimization Technology by : Francesco Castellani

Download or read book Wind Turbine Power Optimization Technology written by Francesco Castellani and published by MDPI. This book was released on 2020-05-27 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind turbines are one of the most promising renewable energy technologies, and this motivates fertile research activity about developments in power optimization. This topic covers a wide range of aspects, from the research on aerodynamics and control design to the industrial applications about on-site wind turbine performance control and monitoring. This Special Issue collects seven research papers about several innovative aspects of the multi-faceted topic of wind turbine power optimization technology. The seven research papers deal respectively with the aerodynamic optimization of wind turbine blades through Gurney flaps; optimization of blade design for large offshore wind turbines; control design optimization of large wind turbines through the analysis of the competing objectives of energy yield maximization and fatigue loads minimization; design optimization of a tension leg platform for floating wind turbines; innovative methods for the assessment of wind turbine optimization technologies operating on site; optimization of multiple wake interactions modeling through the introduction of a mixing coefficient in the energy balance method; and optimization of the dynamic stall control of vertical-axis wind turbines through plasma actuators. This Special Issue presents remarkable research activities in the timely subject of wind turbine power optimization technology, covering various aspects. The collection is believed to be beneficial to readers and contribute to the wind power industry.

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.

Offshore Wind Energy Technology

Author : Olimpo Anaya-Lara
Publisher : John Wiley & Sons
ISBN 13 : 1119097762
Total Pages : 455 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis Offshore Wind Energy Technology by : Olimpo Anaya-Lara

Download or read book Offshore Wind Energy Technology written by Olimpo Anaya-Lara and published by John Wiley & Sons. This book was released on 2018-05-29 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: A COMPREHENSIVE REFERENCE TO THE MOST RECENT ADVANCEMENTS IN OFFSHORE WIND TECHNOLOGY Offshore Wind Energy Technology offers a reference based on the research material developed by the acclaimed Norwegian Research Centre for Offshore Wind Technology (NOWITECH) and material developed by the expert authors over the last 20 years. This comprehensive text covers critical topics such as wind energy conversion systems technology, control systems, grid connection and system integration, and novel structures including bottom-fixed and floating. The text also reviews the most current operation and maintenance strategies as well as technologies and design tools for novel offshore wind energy concepts. The text contains a wealth of mathematical derivations, tables, graphs, worked examples, and illustrative case studies. Authoritative and accessible, Offshore Wind Energy Technology: Contains coverage of electricity markets for offshore wind energy and then discusses the challenges posed by the cost and limited opportunities Discusses novel offshore wind turbine structures and floaters Features an analysis of the stochastic dynamics of offshore/marine structures Describes the logistics of planning, designing, building, and connecting an offshore wind farm Written for students and professionals in the field, Offshore Wind Energy Technology is a definitive resource that reviews all facets of offshore wind energy technology and grid connection.

Reliability-Based Optimization of Floating Wind Turbine Support Structures

Author : Mareike Leimeister
Publisher : Springer Nature
ISBN 13 : 3030968898
Total Pages : 336 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Reliability-Based Optimization of Floating Wind Turbine Support Structures by : Mareike Leimeister

Download or read book Reliability-Based Optimization of Floating Wind Turbine Support Structures written by Mareike Leimeister and published by Springer Nature. This book was released on 2023-01-01 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book pursues the ambitious goal of combining floating wind turbine design optimization and reliability assessment, which has in fact not been done before. The topic is organized into a series of very ambitious objectives, which start with an initial state-of-the-art review, followed by the development of high-fidelity frameworks for a disruptive way to design next generation floating offshore wind turbine (FOWT) support structures. The development of a verified aero-hydro-servo-elastic coupled numerical model of dynamics for FOWTs and a holistic framework for automated simulation and optimization of FOWT systems, which is later used for the coupling of design optimization with reliability assessment of FOWT systems in a computationally and time-efficient manner, has been an aim of many groups internationally towards implementing a performance-based/goal-setting approach in the design of complex engineering systems. The outcomes of this work quantify the benefits of an optimal design with a lower mass while fulfilling design constraints. Illustrating that comprehensive design methods can be combined with reliability analysis and optimization algorithms towards an integrated reliability-based design optimization (RBDO) can benefit not only the offshore wind energy industry but also other applications such as, among others, civil infrastructure, aerospace, and automotive engineering.

Handbook of Wind Power Systems

Author : Panos M. Pardalos
Publisher : Springer Science & Business Media
ISBN 13 : 3642410804
Total Pages : 839 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Handbook of Wind Power Systems by : Panos M. Pardalos

Download or read book Handbook of Wind Power Systems written by Panos M. Pardalos and published by Springer Science & Business Media. This book was released on 2014-01-15 with total page 839 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind power is currently considered as the fastest growing energy resource in the world. Technological advances and government subsidies have contributed in the rapid rise of Wind power systems. The Handbook on Wind Power Systems provides an overview on several aspects of wind power systems and is divided into four sections: optimization problems in wind power generation, grid integration of wind power systems, modeling, control and maintenance of wind facilities and innovative wind energy generation. The chapters are contributed by experts working on different aspects of wind energy generation and conversion.

Modeling, Simulation and Optimization of Wind Farms and Hybrid Systems

Author : Karam Maalawi
Publisher : BoD – Books on Demand
ISBN 13 : 1789856116
Total Pages : 264 pages
Book Rating : 4.7/5 (898 download)

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Book Synopsis Modeling, Simulation and Optimization of Wind Farms and Hybrid Systems by : Karam Maalawi

Download or read book Modeling, Simulation and Optimization of Wind Farms and Hybrid Systems written by Karam Maalawi and published by BoD – Books on Demand. This book was released on 2020-03-25 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reduction of greenhouse gas emissions is a major governmental goal worldwide. The main target, hopefully by 2050, is to move away from fossil fuels in the electricity sector and then switch to clean power to fuel transportation, buildings and industry. This book discusses important issues in the expanding field of wind farm modeling and simulation as well as the optimization of hybrid and micro-grid systems. Section I deals with modeling and simulation of wind farms for efficient, reliable and cost-effective optimal solutions. Section II tackles the optimization of hybrid wind/PV and renewable energy-based smart micro-grid systems.

Frequency Domain Modeling and Multidisciplinary Design Optimization of Floating Offshore Wind Turbines

Author : Meysam Karimi
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (119 download)

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Book Synopsis Frequency Domain Modeling and Multidisciplinary Design Optimization of Floating Offshore Wind Turbines by : Meysam Karimi

Download or read book Frequency Domain Modeling and Multidisciplinary Design Optimization of Floating Offshore Wind Turbines written by Meysam Karimi and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Offshore floating wind turbine technology is growing rapidly and has the potential to become one of the main sources of affordable renewable energy. However, this technology is still immature owing in part to complications from the integrated design of wind turbines and floating platforms, aero-hydro-servo-elastic responses, grid integrations, and offshore wind resource assessments. This research focuses on developing methodologies to investigate the technical and economic feasibility of a wide range of floating offshore wind turbine support structures. To achieve this goal, interdisciplinary interactions among hydrodynamics, aerodynamics, structure and control subject to constraints on stresses/loads, displacements/rotations, and costs need to be considered. Therefore, a multidisciplinary design optimization approach for minimum levelized cost of energy executed using parameterization schemes for floating support structures as well as a frequency domain dynamic model for the entire coupled system. This approach was based on a tractable framework and models (i.e. not too computationally expensive) to explore the design space, but retaining required fidelity/accuracy. In this dissertation, a new frequency domain approach for a coupled wind turbine, floating platform, and mooring system was developed using a unique combination of the validated numerical tools FAST and WAMIT. Irregular wave and turbulent wind loads were incorporated using wave and wind power spectral densities, JONSWAP and Kaimal. The system submodels are coupled to yield a simple frequency domain model of the system with a flexible moored support structure. Although the model framework has the capability of incorporating tower and blade structural DOF, these components were considered as rigid bodies for further simplicity here. A collective blade pitch controller was also defined for the frequency domain dynamic model to increase the platform restoring moments. To validate the proposed framework, predicted wind turbine, floating platform and mooring system responses to the turbulent wind and irregular wave loads were compared with the FAST time domain model. By incorporating the design parameterization scheme and the frequency domain modeling the overall system responses of tension leg platforms, spar buoy platforms, and semisubmersibles to combined turbulent wind and irregular wave loads were determined. To calculate the system costs, a set of cost scaling tools for an offshore wind turbine was used to estimate the levelized cost of energy. Evaluation and comparison of different classes of floating platforms was performed using a Kriging-Bat optimization method to find the minimum levelized cost of energy of a 5 MW NREL offshore wind turbine across standard operational environmental conditions. To show the potential of the method, three baseline platforms including the OC3-Hywind spar buoy, the MIT/NREL TLP, and the OC4-DeepCwind semisubmersible were compared with the results of design optimization. Results for the tension leg and spar buoy case studies showed 5.2% and 3.1% decrease in the levelized cost of energy of the optimal design candidates in comparison to the MIT/NREL TLP and the OC3-Hywind respectively. Optimization results for the semisubmersible case study indicated that the levelized cost of energy decreased by 1.5% for the optimal design in comparison to the OC4-DeepCwind.

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.

Technical and Economic Analysis of US Offshore Wind Power

Author : Constance Annette McDaniel Wyman
Publisher :
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.:/5 (881 download)

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Book Synopsis Technical and Economic Analysis of US Offshore Wind Power by : Constance Annette McDaniel Wyman

Download or read book Technical and Economic Analysis of US Offshore Wind Power written by Constance Annette McDaniel Wyman and published by . This book was released on 2011 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind power is the fastest growing sector of electricity generation in the world and the development of offshore wind resources is an increasingly important component of this growth. While more than 1.5GW have been installed in Europe and China, no turbines have been installed in United States waters even though several have been planned. Offshore wind power development in the United States must contend with significant challenges. There are numerous technical considerations including geological issues and undefined environmental conditions that affect the determination of appropriate design loads. Technological advancements are needed, and logistical questions must be addressed. The regulatory structure can be confusing and most permitting frameworks are not well established. Offshore wind projects are capital intensive and concerns exist that the industry will not be able to achieve a suitable economy of scale. Additionally, concerns about offshore wind impacts cross many areas such as the environment, visual and cultural concerns, navigational issues, and competing uses. This research project examines the technical issues of American offshore wind power and models basic project costs to provide an estimate of the total net present value for hypothetical utility-scale offshore wind projects in the United States. Costs have been examined by building a cost model and employing traditional cash flow analysis, regression, design of experiments, and random sampling techniques.

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.

Grid and Market Integration of Large-Scale Wind Farms Using Advanced Wind Power Forecasting: Technical and Energy Economic Aspects

Author : Ümit Cali
Publisher : kassel university press GmbH
ISBN 13 : 3862190315
Total Pages : 174 pages
Book Rating : 4.8/5 (621 download)

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Book Synopsis Grid and Market Integration of Large-Scale Wind Farms Using Advanced Wind Power Forecasting: Technical and Energy Economic Aspects by : Ümit Cali

Download or read book Grid and Market Integration of Large-Scale Wind Farms Using Advanced Wind Power Forecasting: Technical and Energy Economic Aspects written by Ümit Cali and published by kassel university press GmbH. This book was released on 2011 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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.

Design Load Analysis of Two Floating Offshore Wind Turbine Concepts

Author : Gordon M. Stewart
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (945 download)

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Book Synopsis Design Load Analysis of Two Floating Offshore Wind Turbine Concepts by : Gordon M. Stewart

Download or read book Design Load Analysis of Two Floating Offshore Wind Turbine Concepts written by Gordon M. Stewart and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the United States' wind resource is located over deep water where fixed-bottom offshore wind turbines are cost-prohibitive. To capture this energy, floating offshore wind turbines are being developed. However, current design standards do not explicitly cover issues relating to floating offshore wind turbines, which leads to risk and uncertainty in the design process. Two important issues that this dissertation investigates are the effect of simulation length and wind and wave misalignment on fatigue and ultimate loads. Experience in the offshore floating oil and gas industry has recommended simulation lengths of 3-6 hours, but the wind industry typically simulates between 10 minutes and one hour. The reasons for these simulation lengths is explored and recommendations for floating offshore wind turbines are made. The current offshore wind turbine design standard states that co-aligned wind and waves are a conservative ``worst-case'' scenario for loads, but this assertion may only hold true for fixed-bottom offshore turbines. A large operational design-space set of simulations are run to determine the impact of wind and wave misalignment on floating offshore turbines. Using results from both the simulation length and wind/wave misalignment study, probabilistic methods are used to determine a minimum set of simulations that is able to accurately characterize the loads response of floating platforms. Reduction of avian impacts have long been an important concern for the installation of wind farms. There is large uncertainty in the impacts of offshore wind farms on seabirds in the United States, as no offshore wind farms are currently operating. In this dissertation, experience from Europe is used to create a model of seabirds' interaction with fixed-bottom offshore wind farms. This model is used in a multi-objective optimization of the layout of a generic fixed-bottom offshore wind farm, considering both impacts on birds as well as power production. To simulate a farm comprised of floating offshore wind turbines, uncertainty in the positions of the turbines in the farm is introduced, and the layout is once again subjected to a multi-objective optimization.

Offshore Wind Farms

Author : Chong Ng
Publisher : Woodhead Publishing
ISBN 13 : 0081007809
Total Pages : 656 pages
Book Rating : 4.0/5 (81 download)

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Book Synopsis Offshore Wind Farms by : Chong Ng

Download or read book Offshore Wind Farms written by Chong Ng and published by Woodhead Publishing. This book was released on 2016-03-03 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offshore Wind Farms: Technologies, Design and Operation provides the latest information on offshore wind energy, one of Europe’s most promising and quickly maturing industries, and a potentially huge untapped renewable energy source which could contribute significantly towards EU 20-20-20 renewable energy generation targets. It has been estimated that by 2030 Europe could have 150GW of offshore wind energy capacity, meeting 14% of our power demand. Offshore Wind Farms: Technologies, Design and Operation provides a comprehensive overview of the emerging technologies, design, and operation of offshore wind farms. Part One introduces offshore wind energy as well as offshore wind turbine siting with expert analysis of economics, wind resources, and remote sensing technologies. The second section provides an overview of offshore wind turbine materials and design, while part three outlines the integration of wind farms into power grids with insights to cabling and energy storage. The final section of the book details the installation and operation of offshore wind farms with chapters on condition monitoring and health and safety, amongst others. Provides an in-depth, multi-contributor, comprehensive overview of offshore technologies, including design, monitoring, and operation Edited by respected and leading experts in the field, with experience in both academia and industry Covers a highly relevant and important topic given the great potential of offshore wind power in contributing significantly to EU 20-20-20 renewable energy targets

Low-order modeling, controller design and optimization of floating offshore wind turbines

Author : Frank Lemmer
Publisher :
ISBN 13 : 9783843938631
Total Pages : pages
Book Rating : 4.9/5 (386 download)

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Book Synopsis Low-order modeling, controller design and optimization of floating offshore wind turbines by : Frank Lemmer

Download or read book Low-order modeling, controller design and optimization of floating offshore wind turbines written by Frank Lemmer and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics of Offshore Wind Power

Author : Rahmatallah Poudineh
Publisher : Springer
ISBN 13 : 3319664204
Total Pages : 177 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Economics of Offshore Wind Power by : Rahmatallah Poudineh

Download or read book Economics of Offshore Wind Power written by Rahmatallah Poudineh and published by Springer. This book was released on 2017-11-13 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides an overview of the policy frameworks that have been employed to support offshore wind power, and their efficacy in nurturing sustainable cost reductions across the industry.A growing number of countries are increasingly receptive to the prospect of implementing policies to support the deployment of large-scale renewable energy. The promise of carbon-free, utility-scale power generation from offshore wind farms has incentivised and nurtured offshore wind development. However, the high relative costs of deploying offshore wind compared to alternatives have a history of making it political divisive pursuit. At the same time when many countries are just beginning to explore the possibility of developing an offshore wind industry, many other countries are experiencing what can be described as policy fatigue over supporting offshore wind. If cost reductions are not proven sustainable by the early 2020’s, then government support for offshore wind may start to erode and even completely evaporate in several key offshore wind markets – with global repercussions. This book will provide the reader with a clear picture of the current status and future challenges of the offshore wind industry globally, incorporating both a technical analysis of the cost drivers as well as a detailed analysis of policy design and economics of industry.