Floating Offshore Wind Farms in Italy beyond 2030 and beyond 2060: Preliminary Results of a Techno-Economic Assessment

At the end of 2019, 10.5 GW of wind capacity was installed in Italy, all onshore. The National Integrated Climate and Energy Plan sets a target of 18.4 GW of onshore wind capacity and 0.9 GW of offshore wind capacity by 2030. Significant exploitation of offshore wind resources in Italy is expected a...

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Main Authors: Laura Serri, Lisa Colle, Bruno Vitali, Tullia Bonomi
Format: Article
Language:English
Published: MDPI AG 2020-12-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/10/24/8899
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author Laura Serri
Lisa Colle
Bruno Vitali
Tullia Bonomi
author_facet Laura Serri
Lisa Colle
Bruno Vitali
Tullia Bonomi
author_sort Laura Serri
collection DOAJ
description At the end of 2019, 10.5 GW of wind capacity was installed in Italy, all onshore. The National Integrated Climate and Energy Plan sets a target of 18.4 GW of onshore wind capacity and 0.9 GW of offshore wind capacity by 2030. Significant exploitation of offshore wind resources in Italy is expected after 2030, using floating wind turbines, suitable for water depths greater than 50 m. This technology is at the demonstration phase at present. Results of a preliminary techno-economic assessment of floating wind plants in Italian marine areas in a medium (2030) and long-term (2060) scenario are presented. In 2030, a reference park with 10 MW wind turbines will be defined, and parametric costs, depending on distance from shore, were assessed. In 2060, possible wind resource variations due to climate change, and cost reductions due to large diffusion of the technology were considered in three case studies. The economic model used was the simple Levelized Cost of Energy (sLCoE). Different values of Weighted Average Cost of Capital (WACC) were considered too. The results show LCoEs comparable to the ones expected for the sector in 2030. In 2060, even in the more pessimistic scenario, wind resource decreases will be abundantly compensated by expected cost reductions.
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spelling doaj.art-13e9c3d6e723462bb8dd7223f68d3ee92023-11-21T00:36:37ZengMDPI AGApplied Sciences2076-34172020-12-011024889910.3390/app10248899Floating Offshore Wind Farms in Italy beyond 2030 and beyond 2060: Preliminary Results of a Techno-Economic AssessmentLaura Serri0Lisa Colle1Bruno Vitali2Tullia Bonomi3RSE Ricerca sul Sistema Energetico S.p.A., via Rubattino 54, 20134 Milan, ItalyDepartment of Earth and Environmental Sciences—DISAT, University of Milano-Bicocca, Piazza dell’Ateneo Nuovo 1, 20126 Milan, ItalyDepartment of Earth and Environmental Sciences—DISAT, University of Milano-Bicocca, Piazza dell’Ateneo Nuovo 1, 20126 Milan, ItalyDepartment of Earth and Environmental Sciences—DISAT, University of Milano-Bicocca, Piazza dell’Ateneo Nuovo 1, 20126 Milan, ItalyAt the end of 2019, 10.5 GW of wind capacity was installed in Italy, all onshore. The National Integrated Climate and Energy Plan sets a target of 18.4 GW of onshore wind capacity and 0.9 GW of offshore wind capacity by 2030. Significant exploitation of offshore wind resources in Italy is expected after 2030, using floating wind turbines, suitable for water depths greater than 50 m. This technology is at the demonstration phase at present. Results of a preliminary techno-economic assessment of floating wind plants in Italian marine areas in a medium (2030) and long-term (2060) scenario are presented. In 2030, a reference park with 10 MW wind turbines will be defined, and parametric costs, depending on distance from shore, were assessed. In 2060, possible wind resource variations due to climate change, and cost reductions due to large diffusion of the technology were considered in three case studies. The economic model used was the simple Levelized Cost of Energy (sLCoE). Different values of Weighted Average Cost of Capital (WACC) were considered too. The results show LCoEs comparable to the ones expected for the sector in 2030. In 2060, even in the more pessimistic scenario, wind resource decreases will be abundantly compensated by expected cost reductions.https://www.mdpi.com/2076-3417/10/24/8899floating offshore windLCoEclimate changeseconomic sustainability
spellingShingle Laura Serri
Lisa Colle
Bruno Vitali
Tullia Bonomi
Floating Offshore Wind Farms in Italy beyond 2030 and beyond 2060: Preliminary Results of a Techno-Economic Assessment
Applied Sciences
floating offshore wind
LCoE
climate changes
economic sustainability
title Floating Offshore Wind Farms in Italy beyond 2030 and beyond 2060: Preliminary Results of a Techno-Economic Assessment
title_full Floating Offshore Wind Farms in Italy beyond 2030 and beyond 2060: Preliminary Results of a Techno-Economic Assessment
title_fullStr Floating Offshore Wind Farms in Italy beyond 2030 and beyond 2060: Preliminary Results of a Techno-Economic Assessment
title_full_unstemmed Floating Offshore Wind Farms in Italy beyond 2030 and beyond 2060: Preliminary Results of a Techno-Economic Assessment
title_short Floating Offshore Wind Farms in Italy beyond 2030 and beyond 2060: Preliminary Results of a Techno-Economic Assessment
title_sort floating offshore wind farms in italy beyond 2030 and beyond 2060 preliminary results of a techno economic assessment
topic floating offshore wind
LCoE
climate changes
economic sustainability
url https://www.mdpi.com/2076-3417/10/24/8899
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AT brunovitali floatingoffshorewindfarmsinitalybeyond2030andbeyond2060preliminaryresultsofatechnoeconomicassessment
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