Feasibility study of an offshore wind farm in the Aegean Sea, Turkey

Satir, Mert; Murphy, Fionnuala; McDonnell, Kevin

doi:10.1016/j.rser.2017.06.063

Cited by 57 publications

(30 citation statements)

References 41 publications

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“…The IRR indicates the efficiency of the investment: the higher the IRR, the more attractive is the project. For a project involving a rather high‐risk level, the suggested IRR is usually 15% . Thus, to achieve a 15% IRR, the minimum levoglucosan selling price ($ kg −1 ) is 4.0, the payback time was around 7 years, and this price was profitable according to other measured parameters like gross margin, ROI, and NPV.…”

Section: Resultsmentioning

confidence: 99%

“…In this research, the discounted cash flow analysis is conducted by increasing the selling price of levoglucosan until the IRR is 15%. When the IRR is higher than 15%, the plant is not involved at a high risk level . This analysis required the discount rate, depreciation method, income tax rates, plant life, and construction start‐up duration to be specified.…”

Section: Methodsmentioning

confidence: 99%

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Techno‐economic analysis of levoglucosan production via fast pyrolysis of cotton straw in China

Wang

Zhoumin

Shah

2019

Biofuels Bioprod Bioref

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The pyrolysis of cotton straw is a promising technology because a large variety of chemical species can be produced from the thermal degradation of biomass. A more promising chemical, levoglucosan, was the subject of this study. A techno‐economic analysis of a plant producing levoglucosan via fast pyrolysis of cotton straw and extraction of levoglucosan from the produced bio‐oil was conducted by modeling a 200 000 ton per year feedstock‐processing plant. Experimental and modeling data were gathered from recent publications and used for analysis. For the modeled feedstock handling capacity, the results indicated that levoglucosan production capacity could reach around 18 000 tons per year. The estimated levoglucosan net production cost, including byproduct credits, was $3.0/kg. Sensitivity analysis also showed that the yield of levoglucosan from bio‐oil, the cotton straw cost, the calcium hydroxide cost, the hydrochloric acid concentration, and the number of days of operation are the main factors in levoglucosan net production costs. © 2019 Society of Chemical Industry and John Wiley & Sons, Ltd

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Section: Resultsmentioning

confidence: 99%

Section: Methodsmentioning

confidence: 99%

Techno‐economic analysis of levoglucosan production via fast pyrolysis of cotton straw in China

Wang

Zhoumin

Shah

2019

Biofuels Bioprod Bioref

View full text Add to dashboard Cite

show abstract

“…The heavy economic burden of importing these resources and more importantly, the increasing awareness of environmental issues have been encouraging policy makers to increase the use of renewable energy sources [14]. Indeed, very detailed analyses were conducted to determine the renewable energy capacity of the country [15][16][17][18][19][20]. Within the scope of a long term project, a very important contribution to estimate the national wind power capacity was made in 2007 by the preparation of REPA database (REPA is the Turkish abbreviation for the Atlas for Wind Energy Potential of Turkey).…”

Section: Wind Energy In Turkeymentioning

confidence: 99%

Feasibility of Offshore Wind Energy in Turkey; A Case Study for Gulf of Edremit at the Aegean Sea

Ozbek

Tunç

2021

Gazi University Journal of Science

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This work aims to investigate the feasibility of offshore wind energy in Turkey by performing extensive simulations and analyses for a 50-90 MW capacity offshore wind park to be constructed at the Gulf of Edremit, a very high potential site located at the Aegean Sea, 3 km from the west coastline of Turkey. The location and layout of the farm is optimized by considering the sea depth data obtained from bathymetric maps and wind speed measurements acquired from the MERRA data and local met mast. Dynamic interactions among the turbines and the resulting wake losses are modeled by using two different site assessment programs. Capacity factors and the annual energy production yields are calculated for 8 different types of turbines with rated powers changing between 2 and 3.6 MW.

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“…The wind resources from the Mediterranean region were also evaluated in Balog et al [12], where a hotspot located in the vicinity of the French area was identified. In a study by Satir et al [13], several wind farm configurations that may operate in the Aegean Sea were proposed. According to these results, to develop such projects will be profitable, and even better results are expected than in the case of Germany, France, or Belgium.…”

Section: Introductionmentioning

confidence: 99%

A Study on the Wind Energy Potential in the Romanian Coastal Environment

Onea

Rusu

2019

JMSE

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At the European level, offshore wind projects are already considered a competitive market. Nevertheless, this is not yet the case of the enclosed sea basins, such as the Black Sea, where no offshore wind farm is operating at this moment. From this perspective, the objective of the present work is to identify the most suitable sites where a wind project can be developed in the Romanian coastal areas. Various parameters, such as wind speed, water depth, distance to shore, and turbine performance, are considered. A picture of the local wind characteristics is first provided considering 20 years of reanalysis data, which cover the time interval from January 1998 to December 2017. The results indicated that the best sites to implement a wind project are located in the northern sector of the Black Sea, close to the Danube Delta. It was also noticed an important variation of the wind speed between onshore and 20 km offshore, for which an increase of about 55% was estimated.

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Feasibility study of an offshore wind farm in the Aegean Sea, Turkey

Abstract: Some rights reserved. For more information, please see the item record link above.

Cited by 57 publications

References 41 publications

Techno‐economic analysis of levoglucosan production via fast pyrolysis of cotton straw in China

Techno‐economic analysis of levoglucosan production via fast pyrolysis of cotton straw in China

Feasibility of Offshore Wind Energy in Turkey; A Case Study for Gulf of Edremit at the Aegean Sea

A Study on the Wind Energy Potential in the Romanian Coastal Environment

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