The Importance of the Steel Price in Offshore Wind

IF 2.9 4区 工程技术 Q3 ENERGY & FUELS IET Renewable Power Generation Pub Date : 2025-03-22 DOI:10.1049/rpg2.70029
Laura Castro-Santos, Isabel Lamas-Galdo, David Cordal Iglesias, L. Piegari, P. Tricoli, Almudena Filgueira-Vizoso
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Abstract

The price of some raw materials has been increased during the last 2 years. Firstly, the COVID pandemic and, secondly, the Ukraine-Russia war, have bringing a lot of economic consequences for the majority of the world's economies. The main purpose of the present paper is to analyse the importance of steel price in offshore wind. In this context, several economic indicators usually considered in energy industry, such as LCOE (levelized cost of energy) will be calculated. The method was carried out for a floating offshore wind farm composed by semisubmersible substructures and located in the main Atlantic Islands of Spain: the Canary Islands. Moreover, several cases of study with different prices of steel have been calculated in order to know the influence of this parameter in the economics of an offshore wind farm. Results of the three cases of study considered the highest economic variations are related to the internal rate of return and LCOE, with values of −7.6% and 5.4% respectively. Therefore, variations on the price of steel during last 3 years has repercussion on decisions about renewable energy, particularly floating offshore wind, where different types of materials for offshore platforms are being tested (steel or concrete, for instance).

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钢铁价格在海上风电中的重要性
在过去的两年中,一些原材料的价格上涨了。首先,新冠疫情大流行,其次是乌克兰-俄罗斯战争,给世界大多数经济体带来了许多经济后果。本文的主要目的是分析钢价在海上风电中的重要性。在此背景下,将计算能源行业通常考虑的几个经济指标,如LCOE(能源平准化成本)。该方法用于位于西班牙主要大西洋岛屿加那利群岛的由半潜式子结构组成的浮动海上风电场。此外,为了了解该参数对海上风电场经济性的影响,还计算了几种不同钢材价格的研究案例。三个案例的研究结果认为,最大的经济变化与内部收益率和LCOE有关,分别为- 7.6%和5.4%。因此,过去3年钢铁价格的变化对可再生能源的决策产生了影响,特别是浮动海上风电,海上平台正在测试不同类型的材料(例如钢铁或混凝土)。
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来源期刊
IET Renewable Power Generation
IET Renewable Power Generation 工程技术-工程:电子与电气
CiteScore
6.80
自引率
11.50%
发文量
268
审稿时长
6.6 months
期刊介绍: IET Renewable Power Generation (RPG) brings together the topics of renewable energy technology, power generation and systems integration, with techno-economic issues. All renewable energy generation technologies are within the scope of the journal. Specific technology areas covered by the journal include: Wind power technology and systems Photovoltaics Solar thermal power generation Geothermal energy Fuel cells Wave power Marine current energy Biomass conversion and power generation What differentiates RPG from technology specific journals is a concern with power generation and how the characteristics of the different renewable sources affect electrical power conversion, including power electronic design, integration in to power systems, and techno-economic issues. Other technologies that have a direct role in sustainable power generation such as fuel cells and energy storage are also covered, as are system control approaches such as demand side management, which facilitate the integration of renewable sources into power systems, both large and small. The journal provides a forum for the presentation of new research, development and applications of renewable power generation. Demonstrations and experimentally based research are particularly valued, and modelling studies should as far as possible be validated so as to give confidence that the models are representative of real-world behavior. Research that explores issues where the characteristics of the renewable energy source and their control impact on the power conversion is welcome. Papers covering the wider areas of power system control and operation, including scheduling and protection that are central to the challenge of renewable power integration are particularly encouraged. The journal is technology focused covering design, demonstration, modelling and analysis, but papers covering techno-economic issues are also of interest. Papers presenting new modelling and theory are welcome but this must be relevant to real power systems and power generation. Most papers are expected to include significant novelty of approach or application that has general applicability, and where appropriate include experimental results. Critical reviews of relevant topics are also invited and these would be expected to be comprehensive and fully referenced. Current Special Issue. Call for papers: Power Quality and Protection in Renewable Energy Systems and Microgrids - https://digital-library.theiet.org/files/IET_RPG_CFP_PQPRESM.pdf Energy and Rail/Road Transportation Integrated Development - https://digital-library.theiet.org/files/IET_RPG_CFP_ERTID.pdf
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