Sustainability 16 01039
Sustainability 16 01039
Article
Techno-Economic Feasibility of the Use of Floating Solar PV
Systems in Oil Platforms
Chellapillai Veliathur Chinnasamy Srinivasan , Prashant Kumar Soori * and Fadi A. Ghaith
School of Engineering & Physical Sciences, Heriot-Watt University, Dubai P.O. Box 38103, United Arab Emirates;
cs2021@hw.ac.uk (C.V.C.S.); f.ghaith@hw.ac.uk (F.A.G.)
* Correspondence: p.k.soori@hw.ac.uk
Abstract: Offshore facilities have high energy demands commonly accomplished with local combustion-
based power generators. With the increased commercialization of the marine renewable energy sector,
there is still a need for research on floating photovoltaic installations on their performance and economic
perspective. This paper investigates the techno-commercial feasibility of installing a battery-integrated
floating solar photovoltaic (FPV) system for an offshore oil platform facility in Abu Dhabi. The perfor-
mance analysis of two floating PV design schemes has been evaluated using the PVsyst design tool. The
proposed system’s annual solar energy availability from the PVsyst 7.2.21 output was validated with
MATLAB Simulink R2022b with a deviation of 1.85%. The optimized solution achieved the Levelized
Cost of Electricity (LCOE) of 261 USD/MWh with a Discounted Payback Period of 9.5 years. Also, the
designed system could reduce carbon emissions by 731 tons per year. Furthermore, it was recognized
that the contribution of the marine sector to the construction of floating platforms influences the suc-
cess of floating PV systems. Independently authorized floating PV system designs would guarantee
insurability from the viewpoints of investors and end users.
Keywords: floating photovoltaics (FPV); marine renewable energy; offshore oil platform
1. Introduction
Citation: Veliathur Chinnasamy
Srinivasan, C.; Soori, P.K.; Ghaith, F.A. Combustion-based power generators commonly accomplish the energy required to
Techno-Economic Feasibility of the operate offshore oil rigs. Considering the continuous operation of oil rigs, greenhouse gas
Use of Floating Solar PV Systems in emissions keep raising the burden on the atmosphere. It is estimated that about 3% of
Oil Platforms. Sustainability 2024, 16, global greenhouse gas emissions are from offshore facilities and ships [1]. This necessitates
1039. https://doi.org/10.3390/ using sustainable energy resources to support the operation of offshore oil rigs, which
su16031039 would be a fundamental step toward reducing emissions and making the world’s polluting
Academic Editors: Nuria Novas
oil rings an environmentally friendly location. Wind energy has been the predominant
Castellano and Manuel Fernandez Ros renewable energy type for the marine environment. Although other renewable energy
technologies exist in oceans, such as waves and tides, solar PV technology is seen as a
Received: 30 December 2023 prospective technology to be commercialized in regions like the Persian Gulf, where wind
Revised: 19 January 2024
resource potential is weak and annual solar radiation potential is substantial [2]. As of 2020,
Accepted: 23 January 2024
there are 2.6 GW of floating solar PV installations globally and there is a projection that it
Published: 25 January 2024
could reach 4.8 GW in 2026 [3,4]. The current trend is to move toward offshore applications
considering the space availability and potential of the future energy mix, energy security,
and decarbonization goals. This positive trend toward offshore PV installations requires
Copyright: © 2024 by the authors.
robust technology to cope with the marine environment.
Licensee MDPI, Basel, Switzerland. This paper focuses on investigating the technical and economic feasibility of a solar
This article is an open access article floating system to power specific electrical demands of an oil rig platform, such as office
distributed under the terms and workstations, living quarters, and other accessories.
conditions of the Creative Commons
Attribution (CC BY) license (https://
2. Literature Review
creativecommons.org/licenses/by/ A review of existing literature shows that many studies of floating PV systems have
4.0/). been conducted globally. However, studies on the offshore environment, particularly its
2. Literature Review
Sustainability 2024, 16, 1039 2 of 14
A review of existing literature shows that many studies of floating PV systems have
been conducted globally. However, studies on the offshore environment, particularly its
technical and economic feasibility, are still limited. This literature review focuses on a crit-
technical and economic feasibility, are still limited. This literature review focuses on a
ical understanding of the floating PV panel performance in the marine environment, fol-
critical understanding of the floating PV panel performance in the marine environment,
lowed by the current research status of floating PV technologies suitable for the offshore
followed by the current research status of floating PV technologies suitable for the offshore
environment. Further, it examines the methodologies adopted by the researchers in the
environment. Further, it examines the methodologies adopted by the researchers in the
design and performance analysis of floating PV systems.
design and performance analysis of floating PV systems.
A typical floating PV system installation for offshore installations consists of PV pan-
A typical floating PV system installation for offshore installations consists of PV panels,
els, inverters, a floating structure, a mooring, and an anchoring system, as depicted in
inverters, a floating structure, a mooring, and an anchoring system, as depicted in Figure 1.
Figure 1. It is highlighted by various researchers that critical challenges in marine solar
It is highlighted by various researchers that critical challenges in marine solar applications,
applications,
compared with compared with the
the freshwater freshwaterare
environment, environment,
coping withare coping
severe with
wave andsevere wave
wind loads
and wind loads and resistance to seawater
and resistance to seawater salinity [5]. salinity [5].
From aa performance
From performanceperspective,
perspective,a afloating
floatingsolar
solarsystem
systemis demonstrated
is demonstrated to betoefficient
be effi-
due to the cooling effect of PV panel surfaces connected to the water surface.
cient due to the cooling effect of PV panel surfaces connected to the water surface. In- Increases in
PV panel
creases intemperature reduce the reduce
PV panel temperature power output
the powerandoutput
the panel’s life.panel’s
and the Therefore,
life. evaluating
Therefore,
the PV panel temperature rise is significant for the overall electrical performance.
evaluating the PV panel temperature rise is significant for the overall electrical perfor- The
electrical output of PV panels concerning PV cell temperature is given with
mance. The electrical output of PV panels concerning PV cell temperature is given with Equation (1) [6].
Equation (1) [6].
Pmod = PSTC ·(1 + γ· ∆ T) (1)
Pmod = PSTC ·(1 + γ·∆T) (1)
where Pmod is the PV module’s electrical output, PSTC is the PV panel’s power at test
where Pmod(W),
conditions is theγ PV module’s
is the electrical output,
temperature-specific PSTC is of
coefficient thethe
PVPV panel’s
panelpower
power at −1 ), con-
(Ktest and
∆T is the
ditions (W), γ is the temperature-specific
temperature gradient between the coefficient
operating of temperature
the PV panelofpower (K PV
the solar −1), and
panel ∆T
is
andthethe
temperature
temperature gradient between thewhich
at test conditions, is 25 ◦temperature
operating C (K). of the solar PV panel and
the temperature
Sara Oliveira atet
test
al.conditions,
investigated which is 25 °C
the means of(K).
accounting for the water-cooling effect
on PV Sara Oliveira
panels in theetPVsyst
al. investigated
7.2.21 toolthe[5].means of accounting
The PVsyst for the water-cooling
7.2.21 application tool considers effectthe
default
on heat loss
PV panels factor
in the PVsyst 7.2.212 tool
29 W/m K for[5].
theThe
ventilated type and
PVsyst 7.2.21 15 W/mtool
application 2 K for insulated
considers the
installations
default heat [7].
lossThe research
factor 29 W/m study
2 K examined the changes
for the ventilated type to and
the default
15 W/mheat 2 K loss factor for
for insulated
a free-standing
installations [7].well-ventilated
The research study FSPVexamined
system and thebased
changes on atofield
the experiment
default heatconducted,
loss factor
the default heat losswell-ventilated
factor was changed 2 K [8].
for a free-standing FSPVtosystem
46 W/m and based on a field experiment con-
ducted,Despite the benefits
the default of the
heat loss cooling
factor waseffect,
changednot to
all46
PVW/marray 2 K configurations
[8]. or types avail
the full advantage
Despite of improved
the benefits PV paneleffect,
of the cooling performance
not all PV output. Hence, choosing
array configurations orthe PVavail
types type
based on the intended application and location (besides the
the full advantage of improved PV panel performance output. Hence, choosing the PV offshore oil rig platform) is
essential. Table 1 summarizes the design features of the four established
type based on the intended application and location (besides the offshore oil rig platform) floating PV design
schemes
is set Table
essential. to be commercialized.
1 summarizes the The key findings
design features of ofthetheearlier research conducted
four established floating PV by
various scholars are depicted in Table 2.
design schemes set to be commercialized. The key findings of the earlier research con-
ducted by various scholars are depicted in Table 2.
Sustainability 2024, 16, 1039 3 of 14
Factors Findings
In a field experiment, the heat loss coefficients were compared between ground
and floating panel arrangements [8]. It was evident from the experimental
demonstration that the heat loss factor for the offshore environment would be
Cooling Effect
in the higher range, particularly when the installation type is free-standing.
Accordingly, the related ‘Heat Loss Factor’ in the PVsyst 7.2.21 tool would be
adjusted for the floating PV system type [5].
Based on the review of four patented design schemes concerning their panel
PV Panel geometry types, it is appreciated that the geometry types, which are modular
Geometry and customized to fit different system sizes, should be a potential design
scheme to be considered for floating applications [9–12].
The existing literature research reveals that highly durable material and
Structural
adaptability to scale up the capacity determine the technical and economic
Stability
feasibility [5].
Based on the conducted literature review, the following considerations are applied in
this study:
• The floating panel’s temperature shall correspond to the seawater surface temperature
and not just only with the temperature coefficient and the temperature difference
between standard operating conditions and the ambient temperature. The empirical
equations that factor in sea water surface temperature, incident solar irradiation, and
other aforementioned factors have been considered in this study.
• The PVsyst 7.2.21 software tool does not predict the performance based on the module
temperature in relation to the seawater surface temperature. Instead, the heat loss
factor, which improves air transmission, has to be adjusted to adapt to the offshore
environment. Hence, a suitable validation methodology that factors in the drop
in panel temperature using the MATLAB Simulink R2022b has been performed to
compare the results.
• Different geometries of panel arrays were reported in the literature. In this study, the
most practical arrangements that optimize the energy yield in the holistic context of
economics, mooring systems, and maintenance have been evaluated.
Figure2.2.Case
Figure Casestudy
studylocation—QMS
location—QMSAl
AlBahia,
Bahia,Abu
AbuDhabi
Dhabi[14].
[14].
• Despite other renewable energy technologies that exist in oceans such as waves and
the tide, solar PV technology is seen as a prospective technology to be commercialized
in regions like the Persian Arabian Gulf, where wind resource potential is weak and
annual solar radiation potential is very strong [2].
• The QMS Al Bahia facility includes supplemental loads that require electric power all
through the year.
• All requested data sources were available for this facility. Also, regional-specific
research findings were available for this study [13].
• UAE as a country sets decarbonization goals for the oil sector; accordingly, this research
study could attract researchers in the UAE and the wider region [15].
The total energy requirement for the platform is 6.85 MW, and diesel is used as an
energy source [13]. The predominant energy use is for the production platform with
relatively constant loads. The supplemental loads that vary throughout the day are for
the accommodation facilities. Based on the available data, energy demand for different
seasons has been worked out using the PVsyst 7.2.21 demand profiling. The average daily
Sustainability 2024, 16, x FOR PEER REVIEW 5 of 15
Sustainability 2024, 16, 1039 The total energy requirement for the platform is 6.85 MW, and diesel is used as an 5 of 14
energy source [13]. The predominant energy use is for the production platform with rela-
tively constant loads. The supplemental loads that vary throughout the day are for the
accommodation facilities. Based on the available data, energy demand for different sea-
demand
sons has beenofworked
the accommodation
out using the PVsyst facility is 2398
7.2.21 demand kWh/day,
profiling. and
The average dailythe daily profiling is depicted
demand of the accommodation facility is 2398 kWh/day, and the daily profiling is de-
in Figure
picted 3 3[13].
in Figure [13].
Max.
Table 4. Battery PV input
Bank power
Specifications. 13,300 W
MPP voltage range for nominal power 280–850 V
Short-circuit current of PV input 48 A
Nominal Capacity 120 Ah
Max. PV input current 37.5 A
Voltage 48 V
As highlighted Nominal Capacity
in the literature review, the feasibility of a floating PV system in an 120 Ah
offshore environment depends on the floating system’s design scheme and its durability
and scalability. Thus, this study evaluated the implementation of two potential floating
Table 5. Inverter Specifications.
and azimuth angles. The model for Scenario 1 has single orientation tilted at 10◦ , facing
true south, i.e., 0◦ azimuth and with the pitch of 2.2 m. However, the Scenario 2 model
has two orientations, one with 0◦ azimuth and another orientation is 180◦ azimuth, and
both are tilted at 10◦ . The performance of the modelled system was simulated using the
PVsyst 7.2.21 tool by considering losses due to the soiling factor, changes in6 of
Sustainability 2024, 16, x FOR PEER REVIEW the15irradiance
level, temperature variations, module efficiency and mismatch, and inverter efficiency to
understand the useful energy supply to the demand. The key output results include the
monthly energy
systems. Both generation,
floating systems’energy lostlayouts
PV panel due tohave
the battery being full,
been modelled usingmissing energy, and
PVsyst as
performance ratio.
shown in Figure 4.
Design Scenario 1
PV panel arrangement—Isometric view
PV panel—Sectional view
Design Scenario 2
PV panel arrangement—Isometric view
Figure 4. Cont.
Sustainability
Sustainability 16, 1039
2024,2024, 16, x FOR PEER REVIEW 7 of 15 7 of 14
PV panel—Sectional view
Figure 4.
Figure 4. Floating
FloatingPV
PVpanel layout
panel configurations.
layout configurations.
3.3. System Performance
The results obtained from the PVsyst 7.2.21 tool have been validated using the mathe-
maticalThemodelling
performance of the
tool floating Simulink
MATLAB PV system R2022b.
for the 530 kWp design capacity has been
simulated using the PVsyst 7.2.21 tool. Since
A simple PV module with a project capacity the PVsyst(530
7.2.21 toolhas
kW) does not modeled
been have the op-
using MAT-
tion to model the floating PV systems, the tool has been adjusted to adapt the floating
LAB Simulink R2022b as shown in Figure 5. Then, the PV output results for different
characteristics. The key considerations of the water surface on the system performance are
irradiation and cell temperatures were computed using the MPPT algorithm [16]. The irra-
the temperature of the modules and the reflectivity. The default heat loss factor in the
diation and ambient
PVsyst 7.2.21 temperature
tool has been adjusted invalues fortheeach
line with hour
cooling (average
effect monthly
due to the data) have been
water surface.
obtained from the PVsyst 7.2.21 meteorological database. The average module
Also, the albedo of the water surface was revised to be 0.1. Other modelling parameters temperature
for each month has been calculated using Equation (2) [17].
include the shading profile, which was duly considered based on the pitch, tilt, and azi-
muth angles. The model for Scenario 1 has single orientation tilted at 10°, facing true
TFPV =and
south, i.e., 0° azimuth 1.8081 + 0.9282T
with the +0.0215G
pitch of a2.2 − 1.221WS
m. However, w +20.0246T
the Scenario model has
w two (2)
orientations, one with 0° azimuth and another orientation is 180° azimuth, and both are
where TFPV
tilted at 10°. is theperformance
The PV moduleoftemperature, Ta is ambient
the modelled system temperature
was simulated (◦ C),
using the G is the inci-
PVsyst
Sustainability 2024, 16, x FOR PEER REVIEW 2 8 of 15
dent
7.2.21solar irradiation
tool by (W/m
considering losses ),
due WS is soiling
towthe the wind speed
factor, (m/s),
changes Twirradiance
in the is the seawater
level, surface
temperature (◦ C).
temperature variations, module efficiency and mismatch, and inverter efficiency to under-
stand the useful energy supply to the demand. The key output results include the monthly
energy generation, energy lost due to the battery being full, missing energy, and perfor-
mance ratio.
The results obtained from the PVsyst 7.2.21 tool have been validated using the math-
ematical modelling tool MATLAB Simulink R2022b.
A simple PV module with a project capacity (530 kW) has been modeled using
MATLAB Simulink R2022b as shown in Figure 5. Then, the PV output results for different
irradiation and cell temperatures were computed using the MPPT algorithm [16]. The ir-
radiation and ambient temperature values for each hour (average monthly data) have
been obtained from the PVsyst 7.2.21 meteorological database. The average module tem-
perature for each month has been calculated using Equation (2) [17].
TFPV = 1.8081 + 0.9282T + 0.0215G - 1.221WSw + 0.0246T (2)
w
where TFPV is the PV module temperature, Ta is ambient temperature (°C), G is the incident
solar irradiation (W/m2), WSw is the wind speed (m/s), Tw is the seawater surface temper-
ature (°C).
Figure5.5. Solar
Figure Solar PV
PV array
array model
modelusing
usingMATLAB
MATLABSimulink
SimulinkR2022b.
R2022b.
4.
4. Results
Results and
and Discussion
Discussion
The
The developedmethodology
developed methodologywas wasexecuted
executed forfor
the offshore
the offshoreoiloil
platform
platform‘QMS
‘QMSAl Al
Bahia’
Ba-
in Abu Dhabi and the climatic conditions of the Persian Gulf. The first part of
hia’ in Abu Dhabi and the climatic conditions of the Persian Gulf. The first part of this this section
presents the results
section presents theofresults
the system
of the performance and its design
system performance and itsoptimizations using PVsyst
design optimizations using
7.2.21, followed by the critical discussions of floating PV system structures adapting
PVsyst 7.2.21, followed by the critical discussions of floating PV system structures adapt- to the
offshore marine
ing to the environment.
offshore The third part
marine environment. Thefocuses
third onpartanfocuses
economic
on feasibility
an economicanalysis. The
feasibility
last part discusses the validation of results from PVsyst 7.2.21 and MATLAB Simulink R2022b.
analysis. The last part discusses the validation of results from PVsyst 7.2.21 and MATLAB
Simulink
4.1. R2022b.
Performance Evaluation
The performance
4.1. Performance evaluation of any floating-type photovoltaic system starts with the
Evaluation
analysis of the uplift in the power output due to the temperature effect of the PV panels. As
The performance evaluation of any floating-type photovoltaic system starts with the
analysis of the uplift in the power output due to the temperature effect of the PV panels.
As depicted in Figure 6, the effect of PV cell working temperature on an offshore environ-
ment does impact the efficiency with the maximum difference of 4.1 °C in the month of
November as compared to the ambient temperature [18]. Considering the PV panel effi-
ing to the offshore marine environment. The third part focuses on an economic feasibility
analysis. The last part discusses the validation of results from PVsyst 7.2.21 and MATLAB
Simulink R2022b.
40
30
Temperature (°C)
20
10
Ambient Temperature ° C
Seawater Surface Temperature ° C
Panel Temperature ° C
0
Sustainability 2024, 16, x FOR PEER REVIEW 9 of 15
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Figure 6. Effect of panel temperature corresponds to the seawater surface and ambient temperature.
Figure 6. Effect of panel temperature corresponds to the seawater surface and ambient temperature.
In comparison
In comparison with withthetheground
groundinstallations as as
installations depicted in Figure
depicted 7, the
in Figure increase
7, the in in
increase
annual energy yield is 2.31%. As stated in the methodology section, besides the
annual energy yield is 2.31%. As stated in the methodology section, besides the panel tem- panel tem-
perature, an additional factor that affects the floating PV system yield is the reflectivity of
perature, an additional factor that affects the floating PV system yield is the reflectivity of
the water surface. It was examined that the yield decreased with a lower albedo compared
the water surface. It was examined that the yield decreased with a lower albedo compared
to with ground installations. The combined effect of panel temperature and reflectivity
to with ground installations. The combined effect of panel temperature and reflectivity
has been simulated using the PVsyst, assuming that the same installation is adapted to the
has been simulated using the PVsyst, assuming that the same installation is adapted to the
ground conditions. Further, analyzing the monofacial panel’s performance with the bifa-
ground conditions. Further, analyzing the monofacial panel’s performance with the bifacial
cial panel, the performance of the fixed-tilt PV panel does not outperform, and thus the
panel, the performance of the fixed-tilt PV panel does not outperform, and thus the bifacial
bifacial panel is not an economical option in the offshore environment. Despite the effi-
panel is not an economical option in the offshore environment. Despite the efficiency gain,
ciency gain, the bifacial technology deployment would be more economically viable
the bifacial
where energy technology
density is deployment
crucial like inwould be more
an urban economically
environment and notviable
for the where energy
offshore
density is crucial
installations. like in an urban environment and not for the offshore installations.
100,000
Solar Energy (kWh)
80,000
60,000
40,000
20,000
-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Figure 7.
Figure 7. Illustration
Illustration of
of the
the solar
solar energy
energy yield
yield of 530 kWp
of 530 kWp floating
floating PV
PV system
system in
in comparison
comparisonwith
with the
the ground installation.
ground installation.
4.2. Floating PV
4.2. PVSystem
SystemDesign
DesignOptimization
Optimization
Results on the design optimizationswere
Results on the design optimizations were utilized forfor
utilized feasibility assessment
feasibility of the
assessment of the
proposed floating PV system at the case study site. Design concepts evaluated include
proposed floating PV system at the case study site. Design concepts evaluated include
• Design Scenario 1: A rectangular array having 10° tilt oriented at 0° azimuth with the
2.2 m pitch.
• Design Scenario 2: A triangular array having 10° tilt, oriented at 0° and 180° azimuth.
The PV panel layout in this study incorporated a total of 980 panels with 540 Wp;
each module capacity consists of 7 series strings and 140 parallel strings. Table 6 illustrates
Sustainability 2024, 16, 1039 9 of 14
• Design Scenario 1: A rectangular array having 10◦ tilt oriented at 0◦ azimuth with the
2.2 m pitch.
• Design Scenario 2: A triangular array having 10◦ tilt, oriented at 0◦ and 180◦ azimuth.
The PV panel layout in this study incorporated a total of 980 panels with 540 Wp; each
module capacity consists of 7 series strings and 140 parallel strings. Table 6 illustrates the key
performance indicators of the design scheme for the same capacity. Iterations were carried
out for 22◦ tilt (zero loss on annual radiation) to align with the Latitude of the location and
10◦ tilt (0% loss with respect to optimum orientation in summer) to enable self-cleaning,
and based on the evaluation, 10◦ is considered an optimal tilt from a shading and space
utilization perspective. For the same capacity, considering that the Scenario 1 scheme has a
single orientation, the area required for installation is 5107 m2 , while with the two orientations,
the Scenario 2 scheme requires only 3600 m2 . The drop in yield on the Scenario 2 scheme is
due to the increased loss with respect to the optimum orientation, particularly in winter. Also,
it was comprehended that the Scenario 2 system outperforms in the summer months (May,
June, and July) due to the increased incident solar irradiation, as shown in Table 7 [18].
Table 6. Illustration of Simulated Performance Data for Scenario 1 and Scenario 2 Design Scheme.
Table 7. Results for Annual Incident Solar Radiation and Output for Proposed Design Scenarios.
In addition to increasing the performance of the system with various design inter-
ventions to boost yield and reduce losses, it is acknowledged that a good operation and
maintenance strategy is developed to ensure the soiling and module availability loss is
kept at the minimum rate [19].
environment. From an economic point of view, the service life and maintenance costs play
a significant role in the implementation of offshore floating PV systems.
Capital Costs
Solar PV Panel and Inverters [21] USD 467,990
Battery Bank [20] USD 1,535,475
Floating System [22] USD 111,300
Anchoring and Mooring [22] USD 145,750
Cables and Accessories USD 16,686
Soft Costs (Engineering, Project Management, Approvals) USD 13,624
Total Cost USD 2,290,825
Maintenance and Decommissioning Costs
Maintenance Cost [23] USD 7950/year
Decommissioning Costs [24] USD 70,199
Sustainability 2024, 16, 1039 11 of 14
Table 9. Cont.
Capital Costs
Total Cost USD 268,949
Overall Cost
Total Cost during a Lifetime of 25 Years USD 2,559,774
4.4.2. Net Present Value (NPV) and Discounted Payback Period (DPP)
Net Present Value accounts for the cash inflows and outflows over the project life and
with a positive NPV, the project is considered to be economically successful. The NPVs
of the Scenario 1 and Scenario 2 floating PV system for the discount rate of 3% are USD
46,764,051 and USD 46,164,267, respectively. The DPP is the span of time when a project’s
NPV value equals zero. For both the scenarios, the DPP is less than 10 yrs.
Table 10. Comparison of results from PVsyst 7.2.21 and MATLAB Simulink R2022b.
120
Energy Generation (MWh)
100
80
60
40
20
0
1 2 3 4 5 6 7 8 9 10 11 12
Month
120
Energy Generation (MWh)
100
80
60
40
20
0
1 2 3 4 5 6 7 8 9 10 11 12
5.5.Conclusions
Conclusions
Thispaper
This paperprovided
provided an an approach to evaluate
evaluate the
theperformance
performanceof offloating
floatingPVPVsystems,
systems,
which are applicable to the marine environment within offshore oil platforms.
which are applicable to the marine environment within offshore oil platforms. The influ- The
influencing
encing parameters
parameters such as such as the
the panel panel temperature,
temperature, heatincident
heat loss factor, loss factor, incident
irradiation, and
irradiation,
albedo and albedo
pertaining pertaining to
to the performance of the performance
floating PV systems of were
floating PV systems
investigated. Thewere
main
investigated.
findings of theThe main findingsanalysis
techno-economic of the of
techno-economic analysis of 530
530 kWp battery-integrated kWp PV
floating battery-
for an
integrated
offshore oil floating
platformPVarefor an offshore oil platform are
•• FloatingPV
Floating PVconfiguration
configuration
hashas
an an additional
additional energy
energy yieldyield of compared
of 2.3% 2.3% compared to
to ground
ground installations.
installations.
• The capacity factor of the simulated design options is in the range of 19.3% to 19.5%,
which is aligned with the typical capacity factor for solar PV systems worldwide.
• The available patented floating PV designs were intended to cope with the dynamic
offshore conditions; however, in the economic sense, the material service life and
maintenance costs do play a significant role in the implementation of offshore
floating PV systems.
Sustainability 2024, 16, 1039 13 of 14
• The capacity factor of the simulated design options is in the range of 19.3% to 19.5%,
which is aligned with the typical capacity factor for solar PV systems worldwide.
• The available patented floating PV designs were intended to cope with the dynamic
offshore conditions; however, in the economic sense, the material service life and
maintenance costs do play a significant role in the implementation of offshore floating
PV systems.
• The studied floating PV system could reduce CO2 emissions by 731 tons per year.
• The optimized solution achieved the Levelized Cost of Electricity (LCOE) of 261 USD/MWh
with a Discounted Payback Period of 9.5 years. Although the LCOEs of the designed
battery-integrated system were found to be higher than a typical on-grid solar PV sys-
tem commonly installed over lakes or dams to support a national energy portfolio, an
offshore environment essentially requires an energy storage solution. Also, the calculated
NPVs favor the implementation as battery technology increases the LCOE and lowers
the payback.
• The results obtained from PVsyst simulation were found to be aligned with the mathe-
matical model with a maximum deviation of 1.89%.
The elevated floating platform with an optimized panel layout and anchoring/mooring
system determines the success for offshore implementation. Moreover, patented designs
provided by maritime experts could pave the path to successful implementation. Inter-
national design standard development could potentially further ease the penetration and
acceptance of investors. The proposed floating solar PV projects ideally fit the United Arab
Emirates (U.A.E) due to its high yearly solar intensity and less windy/stormy climate,
which might result in a potentially revolutionary green energy architecture. Making the
most polluting oil rigs in the world more environmentally friendly would be a positive
move. Additional research studies based on the real-time measurements from offshore
demonstration projects would provide insights into the efficiency improvements and the
energy losses due to the environmental conditions.
Author Contributions: Conceptualization, P.K.S., C.V.C.S. and F.A.G.; methodology, P.K.S. and
C.V.C.S.; software, C.V.C.S. and P.K.S.; validation, C.V.C.S., P.K.S. and F.A.G.; formal analysis, C.V.C.S.;
investigation, C.V.C.S.; resources, C.V.C.S.; data curation, C.V.C.S.; writing—original draft preparation,
C.V.C.S.; writing—review and editing, F.A.G. and P.K.S.; visualization, C.V.C.S. and P.K.S.; project
administration, P.K.S. and F.A.G. All authors have read and agreed to the published version of
the manuscript.
Funding: This research received no external funding.
Institutional Review Board Statement: Not applicable.
Informed Consent Statement: Not applicable.
Data Availability Statement: Data are contained within the article.
Conflicts of Interest: The authors declare no conflicts of interest.
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