Optimal Life Extension Management of Offshore Wind Farms Based on the Modern Portfolio Theory
The present study aims to develop a risk-based approach to finding optimal solutions for life extension management for offshore wind farms based on Markowitz’s modern portfolio theory, adapted from finance. The developed risk-based approach assumes that the offshore wind turbines (OWT) can be consid...
Main Authors: | Baran Yeter, Yordan Garbatov |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-08-01
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Series: | Oceans |
Subjects: | |
Online Access: | https://www.mdpi.com/2673-1924/2/3/32 |
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