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On Asset Life Cycle Management for Offshore Wind Turbines: A Case Study of Horns Rev 1
KTH, School of Industrial Engineering and Management (ITM), Energy Technology, Applied Thermodynamics and Refrigeration.
KTH, School of Industrial Engineering and Management (ITM), Energy Technology, Applied Thermodynamics and Refrigeration.
2015 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

The world’s first large scale offshore wind farm, Horns Rev 1, is approaching the

decommissioning phase the profitability of future investments therefore has to be investigated

further. Investment decision-making requires the consideration of several perspectives based

on a life cycle view of the asset’s condition and profitability. In order to contribute to the

economical perspective of Asset Life Cycle Management, a business case model has been

developed in two parts, one that represents the whole wind farm and one for a single wind

turbine. Through the two models, the user can examine the profitability of a wind farm from a

system perspective as well as on a more detailed level. The purposes of these models are to

assist in the budget planning of Horns Rev 1 and provide support for investment decisionmaking.

Place, publisher, year, edition, pages
2015.
Keyword [en]
Asset Life Cycle Management, ALCM, end of lifetime, wind turbine, business case
National Category
Engineering and Technology
Identifiers
URN: urn:nbn:se:kth:diva-170165OAI: oai:DiVA.org:kth-170165DiVA: diva2:841750
Educational program
Master of Science in Engineering - Industrial Engineering and Management
Supervisors
Examiners
Available from: 2015-07-14 Created: 2015-06-28 Last updated: 2015-07-14Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf