Floating Offshore Renewable Energy Farms. A Life-Cycle Cost Analysis at Brindisi, Italy

The present paper deals with the Life-Cycle Cost (LCC) of an offshore renewable energy farm that is currently a topic of interest for operators and investors. The LCC analysis refers to the Cost Breakdown Structure (CBS) considering all the phases of life span, and it has been carried out for floating offshore wind farms (FOWFs) and hybrid wind-wave farms (HWWFs). For HWWFs, this paper proposes a hybrid wind-wave energy system (HWWES), which provides the coupling of wave energy converter (WEC) with Tension Leg Platform (TLP) or Spar Buoy platform (SB). The LCC analysis has been carried out considering: (i) FOWF consisting of TLP floating platforms; (ii) FOWF consisting of a SB floating platforms; (iii) HWWF realized with the conceived hybrid system coupling the WEC with the TLP platform; (iv) HWWF realized with the conceived hybrid system coupling the WEC with SB platform. In addition to the LCC evaluation, the Levelized Cost of Energy (LCOE) analysis has also been carried out. The site chosen for the study is off the port of Brindisi, southern Italy. This work's interest lies in having performed a LCC analysis for FOWF and HWWF in the Mediterranean that is an area of growing interest for offshore renewable energy, and obtained results have allowed making assessments on costs for offshore energy farms.