EconPapers    
Economics at your fingertips  
 

Modelling and analysis of offshore energy hubs

Hongyu Zhang, Asgeir Tomasgard, Brage Rugstad Knudsen, Harald G. Svendsen, Steffen J. Bakker and Ignacio E. Grossmann

Energy, 2022, vol. 261, issue PA

Abstract: Clean offshore energy hubs may become pivotal for efficient offshore wind power generation and distribution. In addition, offshore energy hubs may provide decarbonised energy supply for maritime transport, oil and gas recovery, and offshore farming, while also enabling conversion and storage of liquefied decarbonised energy carriers for export. In this paper, the role of offshore energy hubs is investigated in the transition of an offshore energy system towards zero-emission energy supply. A mixed-integer linear programming model is developed for investment planning and operational optimisation to achieve decarbonisation at minimum cost. We consider offshore wind, solar, energy hubs and subsea cables. A sensitivity analysis is conducted on CO2 tax, CO2 budget and the capacity of power from shore. The results show that: (a) a hard carbon cap is necessary for stimulating a zero-emission offshore energy system, (b) offshore wind integration and power from shore can more than halve current emissions, but offshore energy hubs with storage may be necessary for zero-emission production, and (c) at certain CO2 tax levels, the system with offshore energy hubs can potentially reduce CO2 emissions by 49% and energy losses by 10%, compared to a system with only offshore renewables, gas turbines and power from shore.

Keywords: Clean offshore energy hub; Sensitivity analysis; Deterministic mixed-integer linear programming model (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544222021089
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:261:y:2022:i:pa:s0360544222021089

DOI: 10.1016/j.energy.2022.125219

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:energy:v:261:y:2022:i:pa:s0360544222021089