Ecological and economic cost-benefit analysis of offshore wind energy
Wind energy has experienced dramatic growth over the past decade. A small fraction of this growth has occurred offshore, but as the best wind resources become developed onshore, there is increasing interest in the development of offshore winds. Like any form of power production, offshore wind energy...
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| Published in | Renewable energy Vol. 34; no. 6; pp. 1567 - 1578 |
|---|---|
| Main Authors | , |
| Format | Journal Article |
| Language | English |
| Published |
Oxford
Elsevier Ltd
01.06.2009
Elsevier |
| Subjects | |
| Online Access | Get full text |
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| Abstract | Wind energy has experienced dramatic growth over the past decade. A small fraction of this growth has occurred offshore, but as the best wind resources become developed onshore, there is increasing interest in the development of offshore winds. Like any form of power production, offshore wind energy has both positive and negative impacts. The potential negative impacts have stimulated a great deal of opposition to the first offshore wind power proposals in the U.S. and have delayed the development of the first offshore wind farm in the U.S. Here we discuss the costs and benefits of offshore wind relative to onshore wind power and conventional electricity production. We review cost estimates for offshore wind power and compare these to estimates for onshore wind and conventional power. We develop empirical cost functions for offshore wind based on publicly reported projects from 2000 to 2008, and describe the limitations of the analysis. We use this analysis to inform a discussion of the tradeoffs between conventional, onshore and offshore wind energy usage. |
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| AbstractList | Ecological and economic cost-benefit analysis of offshore wind energy is presented. Decreasing commodity costs or legislation capping greenhouse gas emissions can increase the profitability of offshore wind but will not change the fact that onshore wind will be a less expensive alternative. It is observed that until land use conflicts in high-wind onshore sites become severe, there seems to be little incentives for a large offshore wind industry. The result shows that the economic and ecological costs of offshore wind power are site specific. It is concluded that offshore wind power will be more expensive than its competitors, even when the costs of carbon offsets are included. Wind energy has experienced dramatic growth over the past decade. A small fraction of this growth has occurred offshore, but as the best wind resources become developed onshore, there is increasing interest in the development of offshore winds. Like any form of power production, offshore wind energy has both positive and negative impacts. The potential negative impacts have stimulated a great deal of opposition to the first offshore wind power proposals in the U.S. and have delayed the development of the first offshore wind farm in the U.S. Here we discuss the costs and benefits of offshore wind relative to onshore wind power and conventional electricity production. We review cost estimates for offshore wind power and compare these to estimates for onshore wind and conventional power. We develop empirical cost functions for offshore wind based on publicly reported projects from 2000 to 2008, and describe the limitations of the analysis. We use this analysis to inform a discussion of the tradeoffs between conventional, onshore and offshore wind energy usage. |
| Author | Snyder, Brian Kaiser, Mark J. |
| Author_xml | – sequence: 1 givenname: Brian surname: Snyder fullname: Snyder, Brian email: snyderb@lsu.edu – sequence: 2 givenname: Mark J. surname: Kaiser fullname: Kaiser, Mark J. |
| BackLink | http://pascal-francis.inist.fr/vibad/index.php?action=getRecordDetail&idt=21252568$$DView record in Pascal Francis |
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| Snippet | Wind energy has experienced dramatic growth over the past decade. A small fraction of this growth has occurred offshore, but as the best wind resources become... Ecological and economic cost-benefit analysis of offshore wind energy is presented. Decreasing commodity costs or legislation capping greenhouse gas emissions... |
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| SubjectTerms | Applied sciences Cape wind Coal Cost estimates Cost function Ecological impacts Economic data Electric energy Electric power generation Energy Energy economics Exact sciences and technology Fossil fuels and derived products General, economic and professional studies Natural energy Offshore Offshore engineering Offshore structures Offshore wind economics Wind power Wind power generation |
| Title | Ecological and economic cost-benefit analysis of offshore wind energy |
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