Strategic Planning of Offshore Wind Farms in Greece

Sofia Spyridonidou, Dimitra G. Vagiona and Eva Loukogeorgaki
Additional contact information
Sofia Spyridonidou: Department of Spatial Planning and Development, Aristotle University of Thessaloniki, 54124 Thessaloniki, Greece
Dimitra G. Vagiona: Department of Spatial Planning and Development, Aristotle University of Thessaloniki, 54124 Thessaloniki, Greece
Eva Loukogeorgaki: Department of Civil Engineering, Aristotle University of Thessaloniki, 54124 Thessaloniki, Greece

Sustainability, 2020, vol. 12, issue 3, 1-20

Abstract: In the present article, a new methodological framework for the efficient and sustainable exploitation of offshore wind potential was developed. The proposed integrated strategic plan was implemented for the first time at national spatial planning scale in Greece. The methodological approach is performed through geographical information systems (GIS) and Microsoft Project Server Software and includes five distinct stages: (i) definition of vision/mission, (ii) identification of appropriate areas for offshore wind farms’ (OWFs) siting, (iii) determination of the OWFs’ layout, (iv) calculation of the OWFs’ (projects) total investment cost and, finally, (v) portfolio analysis. The final outcome of the proposed strategic planning is the prioritization of the proposed sixteen offshore wind projects based on their strategic value, as well as the estimation of the overall investment cost of the entire portfolio. High economic, socio-political and environmental benefits could be achieved through the implementation of only 60% of the total investment capital of the proposed strategic plan.

Keywords: strategic planning; site selection process; offshore wind farms; geographic information systems; portfolio analysis; Greece (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.mdpi.com/2071-1050/12/3/905/pdf (application/pdf)
https://www.mdpi.com/2071-1050/12/3/905/ (text/html)

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:gam:jsusta:v:12:y:2020:i:3:p:905-:d:313213

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().