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Economic viability of floating wave power farms considering the energy generated in the near future
dc.contributor.author | Castro-Santos, Laura | |
dc.contributor.author | Filgueira-Vizoso, Almudena | |
dc.contributor.author | Costoya, Xurxo | |
dc.contributor.author | Arguilé-Pérez, Beatriz | |
dc.contributor.author | Ribeiro, Américo | |
dc.date.accessioned | 2024-06-20T13:23:28Z | |
dc.date.available | 2024-06-20T13:23:28Z | |
dc.date.issued | 2024-02 | |
dc.identifier.citation | L. Castro-Santos, A. Filgueira-Vizoso, X. Costoya, B. Arguilé-Pérez, A.S. Ribeiro, Economic viability of floating wave power farms considering the energy generated in the near future, Renewable Energy 222 (2024) 119947. https://doi.org/10.1016/j.renene.2024.119947 | es_ES |
dc.identifier.issn | 1879-0682 | |
dc.identifier.issn | 0960-1481 | |
dc.identifier.uri | http://hdl.handle.net/2183/37226 | |
dc.description | Financiado para publicación en acceso aberto: Universidade da Coruña/CISUG | es_ES |
dc.description.abstract | [Abstract]: This article aims to analyse the economic viability of floating wave energy farms for the present and the next twenty years. The energy potential of the waves mainly depends on the climate, so the current and near future analysis is crucial to determine the economic viability of wave energy farms in a particular location. Current and near future wave resources were considered to assess the main parameters (Net Present Value (NPV), Internal Rate of Return (IRR) and Levelized Cost of Energy (LCOE)) that allow to know the economic feasibility of wave energy farms. This study takes one step forward in determining the economic evaluation of wave energy farms located in deep waters using their future energy projections. The case of study in this paper is the Atlantic coast of the Iberian Peninsula. Results indicate that the future wave energy reduction principally affects the NPV and LCOE of the wave farm. | es_ES |
dc.description.sponsorship | Xunta de Galicia; ED431C 2021/44 | es_ES |
dc.description.sponsorship | Portugal. Fundação para a Ciência e a Tecnologia; UIDB/50017/2020þUIDP/50017/2020 | es_ES |
dc.description.sponsorship | This research was partially funded by Project PID2019- 105386RAI00 “Design of a tool for the selection of offshore renewable energy locations and technologies: application to Spanish territorial waters (SEARENEW)”, financed by Ministerio de Ciencia e Innovaci´on – Agencia Estatal de Investigaci´on/10.13039/501100011033. This research is part of the Project TED2021-132534B–I00 “Characterization of a software to determine the roadmap of the offshore solar energy in the Spanish shore (SEASUN)”, financed by MCIN/AEI/ 10.13039/501100011033 and by the European Union “NextGenerationEU”/ PRTR. Funding for open access charge: Universidade da Coru˜na/CISUG. The authors would like to acknowledge funding from the Xunta de Galicia under project ED431C 2021/44 (Grupos de Referencia Competitiva) and the Ministry of Science and Innovation of the Government of Spain under the project SURVIWEC PID2020-113245RB-I00. This work was partially supported by Project TED2021-129479A-100 (SAFE project) funded by MCIN/AEI/10.13039/501100011033 and the “European Union NextGenerationEU/PRTR”. Moreover, this study forms part of the Marine Science programme (ThinkInAzul) supported by Ministerio de Ciencia e Innovaci´on and Xunta de Galicia with funding from European Union NextGenerationEU (PRTR-C17. I1) and European Maritime and Fisheries Fund. Thanks are also due to the Portuguese Science Foundation (FCT) FCT/MCTES for the financial support to CESAM (UIDB/50017/ 2020þUIDP/50017/2020), through national funds. Additionally, this study was partially supported under the SMART project funded by the AI Moonshot Challenge 2020, promoted by the Portuguese Space Agency - Portugal Space. The present study is also part of the project “WECAnet: A pan-European network for Marine Renewable Energy” (CA17105), which received funding from the HORIZON2020 Framework Programme by COST (European Cooperation in Science and Technology), a funding agency for research and innovation networks. X. Costoya is supported by Grant IJC2020-043745-I/MCIN/AEI/10.13039/501100011033 by MCIN/AEI/10.13039/501100011033 and by “European Union NextGenerationEU/ PRTR”. B. Arguil´e-P´erez is supported by Grant PRE2021- 097580 funded by MCIN/AEI/10.13039/501100011033 and by “ESF Investing in your future". Funding for open access charge: Universidade de Vigo/CISUG. | es_ES |
dc.language.iso | eng | es_ES |
dc.publisher | Elsevier | es_ES |
dc.relation | info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PID2019-105386RA-I00/ES/DISEÑO DE UNA HERRAMIENTA PARA LA SELECCION DE LOCALIZACIONES Y TECNOLOGIAS DE ENERGIAS RENOVABLES MARINAS: APLICACION A AGUAS TERRITORIALES ESPAÑOLAS | es_ES |
dc.relation | info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2021-2023/TED2021-132534B–I00/ES/ | es_ES |
dc.relation | info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PID2020-113245RB-I00/ES/SUPERVIVENCIA DE DISPOSITIVOS CAPTADORES DE ENERGIA DE LAS OLAS | es_ES |
dc.relation | Info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2021-2023/TED2021-129479A-100/ES/ | es_ES |
dc.relation | info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/IJC2020-043745-I/ES/ | es_ES |
dc.relation | info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2021-2023/PRE2021-097580/ES/ | es_ES |
dc.relation.uri | https://doi.org/10.1016/j.renene.2024.119947 | es_ES |
dc.rights | Attribution-NonCommercial 4.0 International https://creativecommons.org/licenses/by-nc/4.0/ | es_ES |
dc.rights.uri | http://creativecommons.org/licenses/by-nc/3.0/es/ | * |
dc.subject | Floating wave energy | es_ES |
dc.subject | Future wave resource | es_ES |
dc.subject | Levelized cost of energy | es_ES |
dc.subject | Net present value | es_ES |
dc.subject | Internal rate of return | es_ES |
dc.title | Economic viability of floating wave power farms considering the energy generated in the near future | es_ES |
dc.type | info:eu-repo/semantics/article | es_ES |
dc.rights.access | info:eu-repo/semantics/openAccess | es_ES |
UDC.journalTitle | Renewable Energy | es_ES |
UDC.volume | 222 | es_ES |
dc.identifier.doi | https://doi.org/10.1016/j.renene.2024.119947 |
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