Decommissioning vs. repowering of offshore wind farms—a techno-economic assessment

Jadali, A. M., Ioannou, A., Salonitis, K. and Kolios, A. (2021) Decommissioning vs. repowering of offshore wind farms—a techno-economic assessment. International Journal of Advanced Manufacturing Technology, 112(9-10), pp. 2519-2532. (doi: 10.1007/s00170-020-06349-9)

Abstract

Offshore wind turbines are normally designed for a nominal service life of 20 to 25 years; however, with a significant number of units approaching the second half of their service life, the discussion on selecting the most appropriate end-of-life scenario becomes ever more relevant. Scenarios to be investigated mainly include decommissioning, repowering, or service life extension, while such decisions depend on a number of criteria which should be taken into account and should ultimately inform a techno-economic and risk assessment. This paper performs an initial comparative assessment between two of these scenarios, repowering and decommissioning, through a purpose developed techno-economic analysis model which calculates relevant key performance indicators. The economic model of risk aversion is further adopted to calculate the certainty equivalent of LCoE (levelized cost of energy) based on each of the examined end-of-life scenarios and a stochastic expansion of the deterministic model. An application to a typical, hypothetical offshore wind farm qualifies the full repowering scenario as the prevailing option, under the assumptions considered, with a lower amount of risk premium (1.136 £/MWh) and certainty equivalent (69.821 £/MWh) in comparison to other scenarios, reducing LCoE by nearly 35% compared to partial decommissioning and 36.5% compared to full decommissioning.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Ioannou, Dr Anastasia
• Authors: Jadali, A. M., Ioannou, A., Salonitis, K., and Kolios, A.
• College/School: College of Science and Engineering > School of Engineering > Systems Power and Energy
• Journal Name: International Journal of Advanced Manufacturing Technology
• Publisher: Springer
• ISSN: 0268-3768
• ISSN (Online): 1433-3015
• Published Online: 07 January 2021
• Copyright Holders: Copyright © Springer-Verlag London Ltd., part of Springer Nature 2021
• First Published: First published in International Journal of Advanced Manufacturing Technology 112(9-10):2519-2532
• Publisher Policy: Reproduced in accordance with the publisher copyright policy