Future Work
Aspects that could be implemented in the future studies
How cost reduction presented in this project would influence the price of electricity
Failure rates of wind turbines – how will they change considering modern technology and how it would be reflected in electricity prices?
Weather window, i.e. wave and wind conditions that influence when it is possible to access wind turbine – what is the impact of the weather conditions on O&M activities?
Logistics process behind O&M activities
Spot market process: those prices could change daily or even hourly and so only one fixed price per day was used in our calculations. In a real life situation there would be various elements that would influence that price. Hence a research considering how spot market could influence a price of a vessel, n therefore the total price of electricity, could be performed in the future
Priority in Sharing- there are many aspects that should be included in this decision making process. However, in order to perform this kind of study a business analysis needs to be performed.
Environmental impact assessment of potential solutions