2021
DOI: 10.3390/su13147943
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Life Cycle Cost Assessment of Offshore Wind Farm: Kudat Malaysia Case

Abstract: The Government of Malaysia has set a striving target to achieve a higher usage of renewable energy (RE) in the energy mix which is currently around 2% of the country’s electricity. Yet, the government intends to increase this ratio up to 20% by the year 2025. Most of the renewable energy in Malaysia comes from hydropower and biomass sources. Meanwhile, numerous studies have been conducted to determine the feasibility of wind energy in Malaysia. Several locations were reported to be economically viable for wind… Show more

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Cited by 16 publications
(18 citation statements)
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“…Consequently, the market value of secondary gravel, scrap aluminum, scrap copper, and cullet from decommissioning wind power plants will amount to EUR 124.6 million in 2021 prices from 2044 to 2059. The assessment of the waste streams and the market values of the recovered materials coincide with the literature (IRENA [2] and Alsubal et al [9]). However, Invernizzi et al [10] indicate that the decommissioning assessments for RES are staggering as of 2020.…”
Section: Decommissioning Estimationsupporting
confidence: 77%
“…Consequently, the market value of secondary gravel, scrap aluminum, scrap copper, and cullet from decommissioning wind power plants will amount to EUR 124.6 million in 2021 prices from 2044 to 2059. The assessment of the waste streams and the market values of the recovered materials coincide with the literature (IRENA [2] and Alsubal et al [9]). However, Invernizzi et al [10] indicate that the decommissioning assessments for RES are staggering as of 2020.…”
Section: Decommissioning Estimationsupporting
confidence: 77%
“…The OPEX (C5) and DECEX (C6) costs are calculated using a £/MW estimate costs [8], [19]: 𝐶5 = (𝐶 𝐼𝑛𝑑𝑖𝑟𝑒𝑐𝑡 + 𝐶 𝑑𝑖𝑟𝑒𝑐𝑡 )𝑃 𝑊𝐹 + 𝐶 𝑖𝑛𝑠𝑢𝑟𝑎𝑛𝑐𝑒 (𝐶1 + 𝐶2 + 𝐶3 + 𝐶4) 𝐶6 = (𝐶 𝐷𝑒𝑐𝑜𝑚 + 𝐶 𝑠𝑖𝑡𝑒𝑐𝑙𝑒𝑎𝑟 )𝑃 𝑊𝐹 𝐶 𝐼𝑛𝑑𝑖𝑟𝑒𝑐𝑡 , are indirect maintenance costs such as vessel hire and coordination of providing a repair service. 𝐶 𝑑𝑖𝑟𝑒𝑐𝑡 , are directly related costs to replace the failed components and technicians.…”
Section: Figure 1 Methodology Flow Chartmentioning
confidence: 99%
“…The O&M model uses the probability of a failure to occur for different components, determining both corrective and preventative maintenance costs. Similar methods for O&M calculation were used in S. Alsubal, et al, [19].…”
Section: Related Workmentioning
confidence: 99%
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“…There are two monsoon seasons in Malaysia: one coming from the southwest from May to September and the other from the northeast from November to March. This study introduces a new design of a multi-purpose floating offshore wind turbine platform to be installed in Kudat, Malaysia, as it has feasible wind energy [37]. The structure was designed in a cost-effective manner and is stable enough to accommodate three wind turbines and more than 3000 square meters of solar panels.…”
Section: Introductionmentioning
confidence: 99%