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Global long-term cost dynamics of offshore wind electricity generation

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  • Gernaat, David E.H.J.
  • Van Vuuren, Detlef P.
  • Van Vliet, Jasper
  • Sullivan, Patrick
  • Arent, Douglas J.

Abstract

Using the IMAGE/TIMER (The Targets IMage Energy Regional) long-term integrated assessment model, this paper explores the regional and global potential of offshore wind to contribute to global electricity production. We develop long-term cost supply curve for offshore wind, a representation of the potential suitable for inclusion in global integrated assessment models. For this, we combine available data on resource potential and cost estimates to estimate regional and global characteristics of offshore wind electricity generation. We find that for 2050, a baseline scenario would include about 4% of the total electricity production based on offshore wind. The findings also show that in most regions, technical potential is not a limiting factor. In some regions, that have a seriously constrained resource base for onshore wind, offshore wind could provide a key source of renewable energy, including South-East Asia, Indonesia and Brazil.

Suggested Citation

  • Gernaat, David E.H.J. & Van Vuuren, Detlef P. & Van Vliet, Jasper & Sullivan, Patrick & Arent, Douglas J., 2014. "Global long-term cost dynamics of offshore wind electricity generation," Energy, Elsevier, vol. 76(C), pages 663-672.
    • Handle: RePEc:eee:energy:v:76:y:2014:i:c:p:663-672
    DOI: 10.1016/j.energy.2014.08.062
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    5. Schwanitz, Valeria Jana, 2021. "Evaluating integrated assessment models of global climate change - From philosophical aspects to practical examples," SocArXiv 63yd8, Center for Open Science.
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    11. Graziano, Marcello & Lecca, Patrizio & Musso, Marta, 2017. "Historic paths and future expectations: The macroeconomic impacts of the offshore wind technologies in the UK," Energy Policy, Elsevier, vol. 108(C), pages 715-730.
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    13. Gulagi, Ashish & Ram, Manish & Solomon, A.A. & Khan, Musharof & Breyer, Christian, 2020. "Current energy policies and possible transition scenarios adopting renewable energy: A case study for Bangladesh," Renewable Energy, Elsevier, vol. 155(C), pages 899-920.
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