WIT Press


Techno-economic comparison of renewable energy systems using multi-pole system analysis (MPSA)



Price

Free (open access)

Paper DOI

10.2495/EQ-V1-N4-371-381

Volume

Volume 1 (2016), Issue 4

Pages

10

Page Range

371 - 381

Author(s)

MARIO HOLL, MAX F. PLATZER & PETER F. PELZ

Abstract

The recently published method of multi-pole system analysis (MPSA) is used to techno-economically compare two wind-energy converters: offshore wind turbines and the energy ship concept. According to the method, both systems are (i) modeled, (ii) energetically and economically analyzed, (iii) techno- economically optimized and, finally, (iv) expected uncertainties are calculated and assessed. The results of the method are used to derive the necessary cost reduction of the wind-energy converters to be economically competitive to fossil-fuel-based technologies.

Keywords

energy ship, holistic system analysis, multi-pole system analysis, techno-economic analysis, technology comparison, wind-energy converter.