International Workshops on Life-Cycle Costing of Offshore Wind Turbines and Farms

Topics Presented

  • Cost of ownership
  • Operations and maintenance analysis
  • Maintenance infrastructure
  • Condition-based health management
  • Spare parts forecasting and inventory
  • Economics of reliability
  • Return on investment and business case analysis
  • Financial modeling (e.g., WACC determination)
  • Designing power purchase agreements (PPAs) and designing for PPAs
  • Warranty analysis
  • Life extension
  • Inspection
  • Energy availability
  • No fault found
  • Aging supply chain
  • Real options analysis

Past Workshops

October 1, 2015: University of Maryland, College Park.  The workshop included presenters from:

  • Cranfield University (UK)
  • KTH (Sweden)
  • Technical University of Denmark
  • University of Southern Denmark
  • ECN (Netherlands)
  • University of Strathclyde (UK)
  • National Renewable Energy Center (US)
  • University of Maryland, Eastern Shore (US)
  • University of Maryland, College Park (US)
Conference proceedings

October 5, 2016: Viking Hotel in Newport, Rhode Island.  The workshop included presenters from:

  • University of Edinburgh (UK)
  • University of Massachusetts, Amherst (US)
  • Johns Hopkins University (US)
  • Atlantic Wind Connection (US)
  • National Renewable Energy Center (US)
  • University of Maryland, College Park (US)
Conference proceedings