{"title":"Techno-economic analysis of floating ocean current power plant of Haya Strait Indonesia","authors":"Wulfilla Maxmilian Rumaherang , Hendry Izaac Elim , Altje Latununuwe , Estevanus Kristian Huliselan , Ariviana Lientje Kakerissa","doi":"10.1016/j.renene.2025.123350","DOIUrl":null,"url":null,"abstract":"<div><div>The real action to mitigate the impact of climate change is to carry out an energy transition from fossil energy to new and renewable energy (NRE). One source of NRE for Indonesia's future is ocean current energy, which requires careful study of energy, technological, economic, environmental, and social potential aspects.</div><div>This paper describes the techno-economic analysis of a floating ocean current power plant (FOCPP) by applying a ducted turbine array system of various sizes according to local bathymetric conditions. Techno-socio-economic analysis of power plants includes ducted turbine energy performance, annual energy production (AEP) value, capital expenditure (CAPEX) and operational expenditure (OPEX), net present value (NPV), and Levelized Cost of Energy (LCOE) as well as payback period (PBP). The analysis was carried out based on the results of testing the ducted turbine prototype in the Haya Strait, Maluku Islands. The analysis results show that the Haya Strait FOCPP has an energy and economic development perspective by applying ducted tidal turbines with a diameter of 1–5.5 m in a six block array. AEP ∼141,145.6 MWh with a Ravg value of ∼204,946,301 (million Rupiah). Gross initial investment costs ≥300 billion Rupiah and PBP ≥6.3 years. FOCPP for small islands is suitable for entering the industrialization and downstream stages.</div></div>","PeriodicalId":419,"journal":{"name":"Renewable Energy","volume":"251 ","pages":"Article 123350"},"PeriodicalIF":9.0000,"publicationDate":"2025-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Renewable Energy","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0960148125010122","RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENERGY & FUELS","Score":null,"Total":0}
引用次数: 0
Abstract
The real action to mitigate the impact of climate change is to carry out an energy transition from fossil energy to new and renewable energy (NRE). One source of NRE for Indonesia's future is ocean current energy, which requires careful study of energy, technological, economic, environmental, and social potential aspects.
This paper describes the techno-economic analysis of a floating ocean current power plant (FOCPP) by applying a ducted turbine array system of various sizes according to local bathymetric conditions. Techno-socio-economic analysis of power plants includes ducted turbine energy performance, annual energy production (AEP) value, capital expenditure (CAPEX) and operational expenditure (OPEX), net present value (NPV), and Levelized Cost of Energy (LCOE) as well as payback period (PBP). The analysis was carried out based on the results of testing the ducted turbine prototype in the Haya Strait, Maluku Islands. The analysis results show that the Haya Strait FOCPP has an energy and economic development perspective by applying ducted tidal turbines with a diameter of 1–5.5 m in a six block array. AEP ∼141,145.6 MWh with a Ravg value of ∼204,946,301 (million Rupiah). Gross initial investment costs ≥300 billion Rupiah and PBP ≥6.3 years. FOCPP for small islands is suitable for entering the industrialization and downstream stages.
期刊介绍:
Renewable Energy journal is dedicated to advancing knowledge and disseminating insights on various topics and technologies within renewable energy systems and components. Our mission is to support researchers, engineers, economists, manufacturers, NGOs, associations, and societies in staying updated on new developments in their respective fields and applying alternative energy solutions to current practices.
As an international, multidisciplinary journal in renewable energy engineering and research, we strive to be a premier peer-reviewed platform and a trusted source of original research and reviews in the field of renewable energy. Join us in our endeavor to drive innovation and progress in sustainable energy solutions.