Assessment of the Potential of Floating Offshore Wind Turbines in the Red Sea
Ahmed Al-Balawi,
Nora Nezamuddin,
Frank Felder,
Abdelrahman Muhsen and
Amro Elshurafa
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Amro Elshurafa: King Abdullah Petroleum Studies and Research Center
Discussion Papers from King Abdullah Petroleum Studies and Research Center
Abstract:
Floating offshore wind turbines (FOWTs) have recently gained traction and are being installed in several regions of Europe and Asia. These turbines use the same technology as typical offshore wind turbines but are not directly anchored to the seabed. Instead, they are tethered with mooring lines and can float in the water within a predefined range of movement. This feature could enable development opportunities in areas with a water depth greater than 60 meters (i.e., the limit of current seabed-anchored offshore wind turbines). One of the main obstacles in developing offshore wind turbines in the Red Sea is the water depth, which is greater than 60 meters. Hence, FOWTs are a viable option.
Keywords: Battery storage; Benefits of electricity trade; Business models; Climate change (search for similar items in EconPapers)
Pages: 28
Date: 2024-05-05
New Economics Papers: this item is included in nep-ara and nep-ene
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https://www.kapsarc.org/research/publications/asse ... ines-in-the-red-sea/ First version, 2024
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2024-dp11
DOI: 10.30573/KS--2024-DP11
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