Evaluating technical and financial factors for commercialising floating offshore wind: A stakeholder analysis

Abstract Recently, floating wind has enjoyed much public and governmental attention and is commonly identified as a crucial next step on the route to net zero targets for many countries. However, there is currently a large gap between the scale and readiness‐level of devices in the water and the end...

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Main Authors: Ben Moverley Smith, Robert Clayton, Adriaan Hendrik van derWeijde, Philipp R. Thies
Format: Article
Language:English
Published: Wiley 2022-11-01
Series:Wind Energy
Subjects:
Online Access:https://doi.org/10.1002/we.2777
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author Ben Moverley Smith
Robert Clayton
Adriaan Hendrik van derWeijde
Philipp R. Thies
author_facet Ben Moverley Smith
Robert Clayton
Adriaan Hendrik van derWeijde
Philipp R. Thies
author_sort Ben Moverley Smith
collection DOAJ
description Abstract Recently, floating wind has enjoyed much public and governmental attention and is commonly identified as a crucial next step on the route to net zero targets for many countries. However, there is currently a large gap between the scale and readiness‐level of devices in the water and the end‐of‐ the‐decade aspirational targets of many governments. To facilitate the expansion of the industry, a wider acceptance and agreement of the realistic potential of floating wind and the barriers to the sector's development is required, particularly over this crucial 10‐year period, something currently scarce in published literature. In this work, a stakeholder engagement was performed, with subsequent analysis of the results to quantify industry expectations and identify the predominant technical and financial concerns of key stakeholders. The presented results of the work serve to both provide a point of comparison and updated account of industry‐based expert views in the near term, with further scientific analysis investigating distinctions between different stakeholder types. Secondarily, the key concerns of industry were analysed and compared with a literature review of recent research effort within floating wind, providing a high‐level gap analysis. A knowledge of the gaps can inform future areas for academic enquiry, ensuring the future needs of industry and the focus of research is aligned.
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spelling doaj.art-c6b000f4d4d54eaf8ea3ed5487093b392022-12-22T03:38:41ZengWileyWind Energy1095-42441099-18242022-11-0125111959197210.1002/we.2777Evaluating technical and financial factors for commercialising floating offshore wind: A stakeholder analysisBen Moverley Smith0Robert Clayton1Adriaan Hendrik van derWeijde2Philipp R. Thies3EPSRC and NERC Centre for Doctoral Training in Offshore Renewable Energy (IDCORE), School of Engineering The University of Edinburgh Edinburgh UKXodus Group Aberdeen UKSchool of Engineering The University of Edinburgh Edinburgh UKCollege of Engineering Mathematics and Physical Sciences University of Exeter Penryn UKAbstract Recently, floating wind has enjoyed much public and governmental attention and is commonly identified as a crucial next step on the route to net zero targets for many countries. However, there is currently a large gap between the scale and readiness‐level of devices in the water and the end‐of‐ the‐decade aspirational targets of many governments. To facilitate the expansion of the industry, a wider acceptance and agreement of the realistic potential of floating wind and the barriers to the sector's development is required, particularly over this crucial 10‐year period, something currently scarce in published literature. In this work, a stakeholder engagement was performed, with subsequent analysis of the results to quantify industry expectations and identify the predominant technical and financial concerns of key stakeholders. The presented results of the work serve to both provide a point of comparison and updated account of industry‐based expert views in the near term, with further scientific analysis investigating distinctions between different stakeholder types. Secondarily, the key concerns of industry were analysed and compared with a literature review of recent research effort within floating wind, providing a high‐level gap analysis. A knowledge of the gaps can inform future areas for academic enquiry, ensuring the future needs of industry and the focus of research is aligned.https://doi.org/10.1002/we.2777challengesfloating windstakeholder
spellingShingle Ben Moverley Smith
Robert Clayton
Adriaan Hendrik van derWeijde
Philipp R. Thies
Evaluating technical and financial factors for commercialising floating offshore wind: A stakeholder analysis
Wind Energy
challenges
floating wind
stakeholder
title Evaluating technical and financial factors for commercialising floating offshore wind: A stakeholder analysis
title_full Evaluating technical and financial factors for commercialising floating offshore wind: A stakeholder analysis
title_fullStr Evaluating technical and financial factors for commercialising floating offshore wind: A stakeholder analysis
title_full_unstemmed Evaluating technical and financial factors for commercialising floating offshore wind: A stakeholder analysis
title_short Evaluating technical and financial factors for commercialising floating offshore wind: A stakeholder analysis
title_sort evaluating technical and financial factors for commercialising floating offshore wind a stakeholder analysis
topic challenges
floating wind
stakeholder
url https://doi.org/10.1002/we.2777
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AT robertclayton evaluatingtechnicalandfinancialfactorsforcommercialisingfloatingoffshorewindastakeholderanalysis
AT adriaanhendrikvanderweijde evaluatingtechnicalandfinancialfactorsforcommercialisingfloatingoffshorewindastakeholderanalysis
AT philipprthies evaluatingtechnicalandfinancialfactorsforcommercialisingfloatingoffshorewindastakeholderanalysis