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III.a.2 Offshore Wind Costs

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Showing just the changes made in the edit by Tom Counsell at 2011-04-27 17:24:57 UTC

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Title: 2050 Offshore Wind Costs

Content: h1 Lead and sign-off

2050 Costs team lead - Michael Clark 

Working-level analyst - Henry Shennan, Ben Marriot(DECC)

Senior analyst - Sam Thomas, Rocio Concha

h1 Data sources

MottMac10

Markal3.24Doc

ESME

h1 Technologies costed in this sector

* Offshore wind turbine

h1 Offshore wind turbine

Costs summary (£ per KW):

| Overall   | Low | High   |
| Capital   | 525 | 4155   |
| Operating | 35  | 159.75 |

h2 Current Calculator assumptions

* Lifetime =  20yrs
* Efficiency =  Capacity factor = 35-45% 
* Input Fuel = Wind

h2 Investment Cost sources

* High cost = Offshore Wind Round 3 - FOAK, from MottMac10, Availability = 95.6%, Aux power = 2.4%, Load factor = 43% Life = 23yrs
* Low cost = Offshore Wind, -30% from ref from ESME, Availability factors = 35-40%, Life = 20yrs

h2 Fixed Operating Cost sources

* High cost = Offshore Wind Round 3 - FOAK, from MottMac10, Availability = 95.6%, Aux power = 2.4%, Load factor = 43% Life = 23yrs
* Low cost = Vintage 1 from Markal, Availability factor = 22-50%, Life = 25yrs

h1 Issues, concerns and questions

* The capacity factor appears quite ambitious in comparison to other models

Category: 2050 pathway costs



User: Tom Counsell

Picture updated at: 

Signed off by: 

Signed off at: